Word: contentment
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This time around, Japan seems content with U.S. Treasury bonds--a dud investment, but a reliable one. China and the gulf states, though, are aiming higher. On May 20, the Chinese government said that it was paying $3 billion for just less than 10% of the Blackstone Group, the U.S.'s leading private-equity firm, which owns everything from Freescale Semiconductor to Michaels Stores. The next day, Saudi Basic Industries Corp. said it was buying General Electric's plastics division--the storied operation based in Pittsfield, Mass., where former GE boss Jack Welch earned his stripes--for $11.6 billion...
...require the rest of us to pay a lot more for food, become much more protectionist or both. If the country isn't ready to take those steps, here's an apostasy being whispered by some economists: get rid of large-scale agriculture altogether. England did it and is content to buy the bulk of its food from foreign producers. Less food security, perhaps, but also less need for guest workers. It's a difficult discussion in the U.S., a country that has become addicted to cheap labor. But one thing is certain in North Carolina: the immigration solution...
...record of failure. At Arizona Desert Elementary in San Luis, Ariz., students spend three hours of their 6 1/2-hr. day on literacy and 90 min. on arithmetic. Science is no longer taught as a stand-alone subject. "We had to find ways to embed it within the content of reading, writing and math," says principal Rafael Sanchez, with some regret. Social studies is handled the same way. The payoff for this laser-like attention to reading and math: the school went from failing in 2004 to making AYP and earning a high-flying "performing plus" designation by the Arizona department...
...digitized, owning the fastest, most accurate and comprehensive navigational tool is essential to keeping users happy. It also makes sense for a company worth $146 billion and driven almost entirely by Internet search advertising revenue to continually seek out additional targeted ad opportunities around different types of search-related content. Universal search coupled with YouTube's vast video assets, purchased by Google last year for $1.65 billion, could mean video ads aren't far off. "It potentially means advertisers will have the ability to do graphical ads and video ads on Google's search results pages," says Danny Sullivan...
...Type a query into the search box and results automatically appear in whatever form and rank the search engine determines to be most relevant - whether it's text, video or a map - something Google contends its rivals don't do. For example, a search for "Beatles" reveals the best content types and presents them below the search box. In addition to web pages, Google shows us the most relevant results for the band found in "Music," "News," "Groups," "Blogs" and "Images," which appear in tabs. The familiar text-based results are still there, below the new tabs. The revamped search...