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Citi's deal to pay back the government was reportedly hashed out over a week's worth of marathon negotiations following Bank of America's repayment last week of $45 billion in government assistance. Citi did not want to be one of the few remaining big banks still using the...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

It may have been a much shorter growth opportunity than Pandit and Citi thought. A few months ago, Verme was reassigned to London (though he has been promoted to ceo of all Citi's business lines across Europe, the Middle East and Africa, and Citi stresses he is "one of...

Author: /time Magazine | Title: Citi's Dubai Mistake: A Sign of More Bad Things to Come? | 12/15/2009 | See Source »

What's igniting electronics? The primary factor is price. After Circuit City went out of business earlier this year, you might have thought that Best Buy would use its "last man standing" status to its advantage and hold firm on prices. But other retailers decided they wanted a piece of...

Author: /time Magazine | Title: Consumer Electronics Light Up the Holiday Season | 12/15/2009 | See Source »

In 1999, Cambridge was the 55th community to join the International Council for Local Environmental Initiatives, an international association of local governments that have made a commitment to sustainable development. Today, there are a few hundred communities involved in the United States and a few thousand internationally.

Author: By Xi Yu, CRIMSON STAFF WRITER | Title: Cambridge Holds Climate Congress | 12/14/2009 | See Source »

Italian police have identified Massimo Tartaglia, 42, as the alleged attacker. Tartaglia's father told Italy's Sky News 24 that his son had a long history of mental illness and was not a political activist. Still, one could hardly describe the act as "isolated." The political climate in the...

Author: /time Magazine | Title: The Berlusconi Attack: Will Italy's Leader Gain Sympathy? | 12/14/2009 | See Source »

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