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...Rank-and-file employees could get the short end of the stick if companies are required to count stock options as an expense--which is almost certain to happen this year or next. Seventy-four percent of firms would reduce or eliminate broad-based option plans, according to a survey out last week from Mellon Financial's Human Resources & Investor Solutions group. But only 25% said they would cut back on options for executives. At right are some ways companies say they'll try to make up the lost options to their nonexecutive employees. Requiring firms to expense options would...
...residents of 20 Palestinian villages are preparing to file suit over Israel's construction of the 450-mile security barrier along the edge of the West Bank. But their target is not Israel. The suit charges that officials in Yasser Arafat's Palestinian Authority (P.A.) have profited by importing cement and selling it to Israeli contractors building the wall. Hassan Khreisheh, deputy speaker of the Palestinian Legislative Council, tells TIME he handed a report on the cement deals to Arafat's attorney general and has recommended prosecutions...
...residents of 20 Palestinian villages are preparing to file suit over Israel's construction of the 720-km security barrier going up along the edge of the West Bank as part of Israeli Prime Minister Ariel Sharon's "separation plan." But their target is not Israel. The suit charges that officials in Yasser Arafat's Palestinian Authority (P.A.) have profited by importing cement using dubious import licenses and selling it to Israeli contractors building the wall. Try to imagine officials in the Kennedy Administration selling cement to East Berlin construction firms back in 1961 and you'll get an idea...
...current convention, and it’s time for the party to listen to its citizens, to invite some of them to let their voices be heard. The DNC opened its doors to the nations’ media—constructing a tent from which they could file stories, setting up wireless connections for bloggers—and it is high time that they let the nation’s citizens participate...
individual who was continually being harassed. The officer reported the harassment was occurring in Harvard Square and the reporting person was to contact the Cambridge Police Department (CPD) to file a report...