Word: gas
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Flush with profits from huge oil and gas reserves, sovereign wealth funds like Mubadala have been on quite a spree of late, particularly in the U.S. Eager to reduce Abu Dhabi's economic dependence on energy, Mubadala has bought stakes in chipmaker Advanced Micro Devices and private equity giant the Carlyle Group; another sovereign wealth fund, the Abu Dhabi Investment Authority, paid $7.5 billion to become Citigroup's largest shareholder; and this month the Abu Dhabi Investment Council offered $800 million for a 90% stake in Manhattan's iconic Chrysler Building, pictured above...
This is the story of how a gas-station attendant and high school dropout grossed more than $50 million for a record company and found himself in the middle of rock's noisiest controversy...
...distribution for Warner Bros. Pictures. (TIME and Warner Bros. are both subsidiaries of Time Warner.) The film benefited from a unique mix of factors beyond the usual superhero movie hype, including a buzzed-about performance by the late Heath Ledger as the Joker, perfectly pitched marketing, agile distribution and gas prices that have made a night at the movies an attractive alternative to a summer road trip. It also helps that The Dark Knight, as most critics and audiences attest, is a very good film...
...consider what the world's scientists are telling us about the risks we face if we don't act in 10 years," he said. He's right. A number of scientists, though not all, warn that the world has a decade at most to reverse the growth in greenhouse gas emissions, or risk catastrophic climate change. But here's the fact that keeps me up at night: Gore and his allies could be right. We may simply be technologically and politically incapable of doing anything about it. Maybe we've already run out of time, and we just...
...will last for the foreseeable future and beyond. (And if you think Gore has thoughts about returning to the political arena, forget it. His speech couldn't have come at a worse time for Democrats, who are already fighting off accusations that they're insensitive to rising gas prices...