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...Elad's chief archaeologist, Eilat Mazar, says that "our working theory is that David's palace is down there." Mazar claims that workers have uncovered pottery shards from the 11th century B.C. and Phoenician motifs. "We know the Phoenicians built a palace for David," she says. (See pictures of a divided Jerusalem...
Even before jan. 12, 2010, life was pretty good for Robin Li. The soft-spoken 41-year-old is the co-founder and chief executive of Baidu.com, the dominant search engine in China, the country with the most Internet users in the world. His stake in the company - started in 1999, five years after getting his M.S. from SUNY Buffalo in 1994 - is worth about $2.8 billion now. That makes him the seventh richest man in China, according to the annual rankings in Forbes magazine. Though he's been a computer geek since his undergraduate days at Peking University...
...disclosures hit directly at the site's integrity and temporarily crushed the stock. Baidu has only just finished rolling out a new program that will delineate paid results from general searches, but that remedy has taken more time than some analysts expected. And recently two senior executives - the chief operating officer and the chief technology executive - resigned for "personal reasons." (A Baidu spokesperson says those reasons had nothing to do with performance and that the two executives left to pursue other opportunities...
...Wall Street money manager Jeremy Grantham recently wrote shareholders that he thought the Volcker rule would eliminate conflicts of interest at financial firms. Citigroup's current chief executive Vikram Pandit, too, has said he believes banks need to start curtailing their riskier activities. In November, speaking to business students at Washington University in St. Louis, Mo., Pandit said that unlike with other financial crises, proprietary trading played a much bigger role than underwriting in the recent credit crunch that nearly brought down his firm. "It makes sense to me that you don't take deposits as an institution and turn...
...setbacks come as Washington struggles to persuade Pakistan to turn up the heat on Taliban and related militants who use its territory to mount operations against NATO troops in Afghanistan. Last month, as Defense Secretary Robert Gates was visiting, the Pakistan military's chief spokesman said there were no plans to launch fresh offensives for at least six months, if not a year. That was a pretty blunt "No" to the Americans. Now, with suspicions deepening over the nature and extent of the U.S. presence in Pakistan, winning its cooperation and shifting public attitudes has become an even more trying...