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...been operating under this "misappropriation theory" ever since. A key 1997 Supreme Court decision upheld the conviction of a lawyer who bought securities tied to Pillsbury while his law firm was representing a company trying to take over the baking-products outfit. The court found that using such confidential information "constitutes fraud akin to embezzlement - the fraudulent appropriation to one's own use of the money or goods entrusted to one's care by another." (Read TIME's 10 Questions with Mark Cuban...
...through attraction rather than coercion." Today, a generation of idealistic Japanese is attempting to sway the world through cultural, social and economic means. Japan doesn't tend to trumpet its efforts - understandable given the nation's imperial past and historic disregard for national boundaries. When a Japanese real estate firm snapped up Rockefeller Center in the 1980s, the deal unleashed unease among some Americans, who feared that Japan was literally taking over America. But this time around, its campaign for global hearts and minds has been far more successful. According to a BBC poll this year, Japan ranks second...
...gloss opening, even as hotel bookings evaporate across the world, is yet another brash statement of Dubai's ambition and confidence. "In Dubai, if you have a fantasy, you don't just fantasize about it, you build it," says Sultan bin Sulayem, Kerzner's partner in the Atlantis, whose firm, Nakheel, constructed the Palm. "It's astounding," agrees Kerzner, sipping Perrier with Sultan recently in the Atlantis' lobby bar. "When I first came here, we were in the middle of the desert. You wonder how you can continue at this pace, at what point this irons out. But Dubai...
...jagged concrete and glass edifice was designed and developed in 1969 by the former Harvard Graduate School of Design chairman of architecture, Benjamin C. Thompson. A biography from Thompson’s architecture firm credits him with renovating the Harvard Yard dormitories in the 1950s and helping to persuade the University to renovate—rather than demolish—Boylston Hall...
...countries," says Hiromichi Shirakawa, chief economist at Credit Suisse Japan. "The economy is less vulnerable." Nevertheless, he says, Japan is not an island: nothing points to an economic recovery in Japan unless the global economy picks up. According to Andreas Schuster, head of research at CLSA, a private-equity firm based in Hong Kong, "It won't be pretty, but it will be less tough than in the Western economies." (See pictures of the global economic crisis...