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...Anyone who can pick a corporate pocket for $3.6 billion is a pretty cool customer, but there are many lingering questions about the business that O'Leary and Perik delivered to Mattel in return for that money. "It was an ugly mess," says Bernard Stolar, a software-industry veteran who was brought in by Mattel to take over the Learning Company from O'Leary and Perik. "There had been an awful lot of mismanagement at the company." (See the top 10 financial-crisis buzzwords...
...nearly time to sing Happy Birthday to the Troubled Asset Relief Program. But few seem ready to don their party hats to cheer the plan that Congress approved nearly a year ago, giving the Treasury authority to spend up to $700 billion to rescue the nation's ailing banks...
...Indian government has also announced a range of policy initiatives - a $22 billion solar-energy program, $2.5 billion forestation fund and a national energy-efficiency mission, among others - that won kudos from visiting British Climate Change Secretary Ed Miliband. "I think India wants to be a dealmaker - not a deal breaker - in Copenhagen," Miliband said during a visit to New Delhi on Sept. 2. Both the nonprofit sector and industry have also been organizing seminars and workshops with aims ranging from enhancing the Indian carbon market to supporting India's negotiating stance in three months. (See pictures of the elephants...
...stifle the disease in its earliest stages. But even if the vaccines arrive too late to stop H1N1 from spreading rapidly now, they can help build population-level resistance to the disease going forward. The Science study estimates that without vaccines, the virus could infect as many as 2.2 billion people worldwide over the course of the year. "The virus will be with us for many years to come in many forms," said Longini. "It's important to start building up resistance...
...decline brought the total value of the endowment as of June 30 down to $26 billion—on par with 2005 levels—after reaching almost $37 billion in 2008. The negative investment returns, combined with donations received and money paid out for operations, pushed the endowment’s total value down by $11 billion, or almost 30 percent...