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...differ on how high oil prices would have to go to wipe out the full value of the credit, but most agree that if oil were to remain at recent peak levels, or climb even higher, few synfuel operators could claim the full credit. Citing that uncertainty, the Marriott Corp., which has invested in four synfuel plants, temporarily suspended production in January. Before the shutdown, Marriott had racked up $370 million in synfuel profits...

Author: /time Magazine | Title: A Magic Way to Make Billions | 2/26/2006 | See Source »

...exercise conducted by the city to rethink the school system as it comes back to life. Under the direction of Scott Cowen, president of Tulane University, the BNOB education committee interviewed 20 national experts, examined school programs from New York City to Oakland, Calif., and called in the Rand Corp. for advice...

Author: /time Magazine | Title: The Big Blank Canvas | 2/26/2006 | See Source »

...software world, Murray, 42, is something of a turnaround king. After all, he primed three of the ailing companies he once headed--the Learning Company, Stream International and Modus Media--for lucrative buyouts. His newest charge is 3Com Corp., which has not been profitable for five years. He says his first priorities will be to focus on expanding 3Com's China presence and promoting the firm's cybersecurity technology. But is there a sale in 3Com's future? Says a noncommittal Murray: "It's always about driving up value for shareholders. I've had a successful track record...

Author: /time Magazine | Title: People to Watch in International Business | 2/19/2006 | See Source »

...anything in Iraq today, the entry point is Kurdistan," says Magne Normann, DNO's senior vice president and Iraq project director. "It's a stepping-stone for moving into the rest of Iraq when the time is right." Last November a television campaign funded by the Kurdistan Development Corp. was launched on U.S. networks with the slogan "The other Iraq" and languid rural scenes that contrasted sharply with the war-ravaged Iraq on the news. Still, that message has not translated for some. "People in the States think I'm living in the desert, one step ahead of someone...

Author: /time Magazine | Title: The Race to Tap The Next Gusher | 2/19/2006 | See Source »

...latest allegations, however, may prove to be the most damaging of all. They focus on the sale by Thaksin's family of their controlling stake in telecoms conglomerate Shin Corp. for $1.87 billion. The stake is being sold to a group led by the Singapore government's investment arm, Temasek Holdings. Thai regulators probed the deal for any violations, including possible insider trading. On the eve of the sale, Thaksin's son and daughter bought an 11% stake in Shin from an offshore company called Ample Rich for one baht (2.5 cents) a share, then sold to the Temasek...

Author: /time Magazine | Title: Taking Heat | 2/12/2006 | See Source »

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