Word: deal
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...million new corporations formed in the U.S. every year are legitimate businesses, taking advantage of these vehicles' ability to fence off liability so that entrepreneurs are not risking their entire financial viability in any one venture. In practice there can be multiple incorporations in a single deal. But critics say that the original intent of incorporation has been corrupted in the last 20 years as the conveniences offered by offshore tax havens - demand turbocharged by a boom in financial engineering - has degenerated into a race to the bottom to sell secrecy. (See 25 people to blame for the financial crisis...
...last two successfully reached earth orbit and the last one lofted a commercial payload. What's more, the operation - with 800 employees working principally in Los Angeles and central Texas - has something of the young, hyper-caffeinated energy of the old NASA. The space agency has already inked a deal for 15 Falcon flights, 12 as unmanned missions to resupply the ISS and three manned...
...Framework Convention on Climate Change (UNFCCC) gave all nations until Jan. 31 to sign onto the deal - in part because it was opposed by a handful of small countries - and to publicize the domestic actions they are willing to take to reduce carbon emissions. (See TIME's special report about the Copenhagen Climate Change Conference...
Despite some wavering, key developing nations including China and India pledged their support for the deal, known as the Copenhagen Accord, by the deadline, reiterating their domestic plans to curb the growth of carbon emissions by improving energy efficiency. Europe, reliably, came on board with a promise to cut carbon emissions 20% below 1990 levels by 2020. And the U.S. confirmed its Copenhagen pledge to reduce its own emissions 17% below 2005 levels...
...many classic genres— the musical, the western and the thriller—still accessible to a younger generation. As a student of popular cinema and an enthusiastic film critic, Bogdanovich reflects his considerable knowledge in his films. Guest says that current Harvard students will find a great deal to appreciate in “Between Old and New Hollywood.” He feels that “in terms of their visual panache, their incredible style, and their sophisticated narratives, I think there’s a lot for younger audiences today...