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...Administration's new plan to keep people in their homes by reducing what they have to pay for their mortgages each month actually has a similar effect on "ownership" although that may not be apparent at first. (See pictures of renting a modernist home...

Author: /time Magazine | Title: Americans Become A Nation of Renters | 2/17/2009 | See Source »

...economics behind both deals is clear enough - and are so compelling from China's standpoint that there are likely more to come. Both Rio and Oz Minerals have been crushed by the global recession's effect on demand for what they produce. Both have seen their value plunge as a result, and now labor under enormous debt burdens. Rio's stock price peaked at $552 a share last spring, then fell to a 52 week low of $55. The stock last traded at $112 on the New York Stock exchange. Oz Mineral's stock price hit AU$0.55 when trading...

Author: /time Magazine | Title: China Buys Australia On the Cheap | 2/17/2009 | See Source »

...Metals analysts in London say rival giant BHP Billiton, which dropped a takeover bid for Rio last year as metals prices collapsed, is now poking around to see if other Rio assets may be for sale. In effect, the Chinalco deal has placed a value on some of the company's most attractive mines, including a Chilean copper mine that BHP already owns a piece...

Author: /time Magazine | Title: China Buys Australia On the Cheap | 2/17/2009 | See Source »

...point of putting calories on food labels is so that we may not only keep count of how many calories we consume, but also compare the calories in different foods. In a world where you can choose a brand of cookies based on its effect on the environment, it will finally be in a company’s best financial interest to shrink its carbon footprint. For an environmentally conscious business, listing the quantitative value right on the box would connect going green to making green...

Author: By Malcolm-wiley T. Floyd, CRIMSON STAFF WRITER | Title: More Taste, Less Carbon | 2/17/2009 | See Source »

...Sciences—is best known for his work on health and social networks. His current research explores how factors such as health, disability, and death can influence an individual’s social network.“As I have spent the last few years examining the ripple effects of social networks and how social structures affect lives, I’ve become more mindful of the effect I have on others and they on me,” Christakis said in response to a question about how his academic research would shape his leadership style...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: Pfoho House Masters Picked | 2/17/2009 | See Source »

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