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...high-salary R&D and management divisions - at home. San says the government's vision is to turn Taiwan into an operations center for Chinese industry by supplying technical and manufacturing expertise. There are some early indications Ma's strategy might work. Sun Ta-wen, chairman of circuit-board-parts maker Taiflex Scientific in the southern city of Kaohsiung, had planned to shift more production to China to improve efficiency, despite his fear that his company's intellectual property would be stolen. But better transport links have cut shipping costs and reduced travel time, so Sun has decided to keep...
...reinforce the spiritual mission, Zar erected a yeshiva that houses 35 young men. Their families pay about $250 a month for room, board and religious instruction centered on their role in God's plan to populate the occupied area with Jews. The settlement's spiritual leader, Arie Lipo, 35, sporting a 9-inch ginger beard and an ankle-length white gown, tells TIME he battled Israeli solders during the last evacuation, but he talks softly of a kind of peace. "We build small heavens here," he says. "We are the people of the Bible. If Obama fights what...
...still in expansion mode," Hafler said. "In spite of the downturn, Yale is going ahead with number of major recruits and and expanding number of programs." He added that though Harvard is "clearly not in expansion mode right now," the University already benefits from a "credible strength across the board" and what many regard as "the best medical complex on earth...
According to the Financial Times Deutschland, Wiedeking was entitled to compensation of $200 million or more. But labor representatives on Porsche's supervisory board's protested at such a huge handout and Wiedeking himself suggested a more modest sum. Before the ink had dried on the check, Wiedeking announced he would donate half the money to a Porsche-sponsored charity. Not without a sense of humor, he also pledged to donate $2.3 million to assist "needy journalists". The German taxman will likely get a big chunk of what is left. "For the first time an executive has responded...
...another lesson in Wiedeking's downfall, a lesson unlikely to be lost on automotive executives, investment bankers or even European Union bureaucrats: Volkswagen is not just any German company. Wiedeking lost his bid for control of VW when he lost the support of Ferdinand Piech, the VW supervisory board chairman who initially backed a Porsche takeover. Piech realized that Christian Wulff, the premier of the state of Lower Saxony, which holds a blocking stake in the carmaker, would not support a takeover. All Wulff had to do was use the so-called Volkswagen...