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...real meaning of becoming a strong economy lies beyond getting citizens to spend more and expanding the service industry. The next Chinese miracle, at root, will mean becoming a first-rate technological power. China's road ahead was on display earlier this month in Shanghai, when a San Francisco - based company called the Cleantech Group hosted a venture-capital forum aimed at driving investment dollars toward alternative-energy entrepreneurs on the mainland. Opportunities appear to be plentiful, despite the dim economic environment. Forum attendee Patrick Tam, CEO of Beijing Tsing Capital, says he is investing heavily in Chinese clean-tech...
...little scared, because I didn’t think I was going to get [the fellowship],” Smith said. “I already had my plans—I’m going to work at Google, I’m going to live in San Francisco. Now I have to figure it all out again.”But Smith nevertheless said she accepted the fellowship with excitement.“This is the only opportunity in my life where I could just get up and leave the country and figure things...
...People who bank with us aren't going to bank with us because we're the highest rate on the street, but if we're too much under the market, at some point they'll leave," says Steve Andrews, president and CEO of the Bank of Alameda. The San Francisco Bay Area bank has been forced to keep rates artificially high, Andrews says, as one flailing competitor after another - IndyMac, Washington Mutual, Downey Savings & Loan - has pushed up rates in an attempt to attract deposits and stave off insolvency. "It's frustrating riding into work and hearing about [deposit rates...
Green Air. Emirates begins nonstop service this week between Dubai and San Francisco. To make the 16-hour flight on a Boeing 777 as green as possible, the airline will fly a direct route over Russia, minimize idling time on the ground and even wash the planes before take-off to reduce drag. Emirates is also launching Airbus A380 service between Dubai and London...
Free Shipping. In case you have enough money to travel and shop this holiday season, InterContinental will ship one 30-lb. box free of charge for guests at its hotels in Atlanta, Boston, L.A., Miami, San Francisco, New York and Washington, D.C. Simply take your box, with receipts as proof of local purchase, to the hotel's business center and have it shipped it to your doorstep. Through...