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...issues, such as gaining control of natural gas supplies to Europe and leveraging Russia's vast energy resources, that problem is growing. Allofmp3, run by a mysterious company called Mediaservices Inc., looks legit even if its legal status is questionable. The site accepts Visa and Mastercard, and a Dutch firm, ChronoPay, processes credit card transactions. The site declares that it is authorized to sell downloads by an organization called the Russian Multimedia and Internet Society (ROMS) and FAIR, another copyright licensing agency. Read the fine print and you'll see that Mediaservices claims it pays "license fees" for material downloaded...
...ARRESTED. Yoshiaki Murakami, 46, outspoken Japanese fund manager and corporate raider; on charges of insider trading; in Tokyo. Known for his confrontational attitude and Western-style shareholder activism, Murakami is accused of making over $26 million by buying shares of media firm Nippon Broadcasting System, allegedly with the knowledge that it was the target of a takeover bid by Internet company Livedoor. In a televised news conference last week, Murakami said that he "didn't mean to break the law," noting that while he had "heard" about the bid, he didn't believe Livedoor would carry it out. If convicted...
...most organizations, an individual or board has the last word on decisions, especially one this controversial. Yet nobody claims authorship of the decision to install the new machine--neither the curator nor the project's main architect. Technical advice was provided by Ingéni, an air-systems consultancy firm based near Paris, which had designed systems for supermarkets and museums but had no experience with caves. "We proposed a system, and that's what they chose," says the firm's managing director, Michel de la Giraudière. "I don't know why they favored an active system over a passive...
...Robertson really leg-press 2,000 lbs.? When he was 72? Even though that's nearly 700 lbs. more than some college-record holders can handle without rupturing blood vessels in their eyeballs? The reverend is standing firm on the claim, first made in a promo for his protein shake, although he added last week that he "did it one time, one rep" and moved the ton only a few inches. He also revealed why he got into leg pressing: bad knees...
Through Social Security benefits, private pensions and personal savings, the typical working baby boomer is accumulating enough assets to replace just 60% of his or her preretirement income, according to a Fidelity Investments survey. The firm estimates that to retire happily, an 85% replacement rate is needed, and it says boomers can close the gap simply by exploiting their 401(k). "Starting at 62, you may be in a little trouble," cautions Jeff Carney, president of Fidelity Personal Investments. "But at 50, you're in very good shape...