Word: corp
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...Indeed, direct links appear to be boosting profits. Eric Kuei, general manager of Fruit Taiwan Corp., says the time to transport his pineapples and other produce to Shanghai from Taiwan has been cut from seven days to three, which means more time on Chinese store shelves and a 20% increase in profits. "After Ma got elected, everything's more convenient for businessmen," says Kuei. In a recent survey conducted by Taiwan's CommonWealth magazine, 60% of the CEOs questioned said that liberalized cross-strait relations were improving Taiwan's economic competitiveness. This positive outlook has helped fuel a 40% surge...
...some banks. That's because banks have to regularly issue bonds in order to have money to make loans and underwrite securities. This became much harder to do during the credit crunch, so the government began allowing banks to offer bonds that are insured by the Federal Deposit Insurance Corp. (FDIC). With the government's backing, banks were able to raise money. (See 25 people to blame for the financial crisis...
...deal brokered by the Federal Deposit Insurance Corp., which closes banks that are insolvent or nearly so, BankUnited is being taking over by a group of private-equity investors, including famed vulture investor Wilbur Ross. The group isn't paying much for the bank - because BankUnited isn't worth much. The FDIC figures cleaning up the mess at BankUnited will cost its insurance fund nearly $5 billion, which makes this the most expensive bank failure this year...
...other domestic or international groups. "In the U.S. we tend to roll up the conspirators quickly, but in the U.K. they allow the conspiracies to run a long way, so they can scoop up as much more intelligence," says Bill Rosenau, a national-security expert at the Rand Corp. "What you saw in New York was very much like a U.K. operation...
...Medical errors are expensive, and most of the costs of medical errors actually affect people after they leave the hospital," says Nuckols, who is also a health-services researcher for the Rand Corp., the nonprofit health-research group that sponsored the study. "If the recommendations do succeed at reducing medical errors, there could be some cost offsets...