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...Most of the works are from the ever-expanding collection of owners Steve Wilson and Laura Lee Brown, a scion of Brown-Forman Corp., which started bottling Kentucky bourbon and is now one of the world's biggest liquor conglomerates. "The owners' mission is to make art accessible," says William Morrow, the museum's curator. "It's amazing how many audiences there are for a project like this." Temporary exhibits change about every six months; now running (through June) is Constant World, an installation by Brooklyn-based artists Jennifer and Kevin McCoy, which combines sculpture, electronics and video...
...Russia and China, countries with militaries known to be pursuing cyberwarfare capabilities - had penetrated the computer systems that control the power grid. It was unclear when these intrusions had taken place, but they had left a software signature. If that wasn't disturbing enough, the North American Electric Reliability Corp., a Congress-authorized regulator, issued an alert that the utilities had not adequately surveyed their computer systems to detect vulnerabilities. (Read "Can We Prevent Another Blackout...
...will likely post its second straight operating loss in its 2010 fiscal year - right when the students polled by Recruit will be entering the workplace. The company is expected to report a loss of $4.9 billion when it announces its 2009 results on May 8. Last week, Sharp Corp., too, slashed its outlook for its fiscal year ending March 31, to a net loss of $1.29 billion. (Read "Sony's Woes: Japan's Iconic Brands Under Fire...
...exclude a valuable gold and copper mine. And Libya exercised its option to buy Venerex Energy, a producer based in Calgary, Canada, whose biggest asset is an oil and gas field 100 miles (160 km) southwest of Tripoli. That thwarted a $390 million bid that China National Petroleum Corp. had made to acquire Venerex. Beijing hasn't done itself any favors either. It blocked--on antitrust grounds that analysts considered flimsy--a bid by Coca-Cola to buy a large, privately owned fruit-juice producer in China. "It gives [foreign] governments ammunition to use against Chinese acquisitions that wasn...
...Chinese are not likely to be deterred, because the opportunity to buy energy and minerals this inexpensively may be historic. That's why the China Development Bank and China Petroleum & Oil Corp. last month invested $10 billion in Petrobras, Brazil's state-owned oil company and the prime operator of one of the most promising new offshore fields in the world. The deal gives Petrobras capital to further develop the field. In return, China will get 100,000 bbl. to 160,000 bbl. a day for more than 20 years. And just before the Brazilian deal, Beijing agreed to lend...