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ExxonMobil, the Texas-based oil giant, has pledged $100 million over 10 years to research "innovative and cost-effective" ways of meeting the world's energy needs. One of its partners in the project? General Electric...

Author: /time Magazine | Title: Exxon: A Dark Shade Of Green | 7/3/2005 | See Source »

...know the rest if you've seen this latest adaptation of H.G. Wells' The War of the Worlds (script by Josh Friedman and David Koepp) or even if you haven't. Out of the rubble rise giant alien ships that walk on three spindly legs and whose deadly heat rays not only destroy civilization as we know it but also threaten to split up Tom Cruise's latest movie family. The new film is a toss-up with George Pal's very watchable 1953 version: the special effects are even better here, the drama even lamer...

Author: /time Magazine | Title: Movies: Running from the Rays | 7/3/2005 | See Source »

Billionaire philanthropist Lawrence J. Ellison, the chief executive of the software giant Oracle Corp., said that he will donate $115 million to Harvard for the study of global health initiatives. The gift will become the largest in the history of the University...

Author: By Natalie I. Sherman, CRIMSON STAFF WRITER | Title: Ellison to Give Harvard $115 Million | 7/1/2005 | See Source »

...with its surging trade surplus and huge holdings of dollar reserves, CNOOC's action is called the "go out" strategy: for the past two years, the Beijing government has been urging Chinese firms to expand their presence in overseas markets. Some have begun to respond. Late last year computer giant Lenovo bought the high-profile but money-losing personal-computer business from IBM for $1.75 billion. Prior to that, TCL, a consumer-electronics maker, bought the RCA TV business from French giant Thomson. And all the while, Chinese energy companies have been making deals with governments and private companies, desperately...

Author: /time Magazine | Title: Why China Is Buying | 6/27/2005 | See Source »

Since last month, three Western medical organizations including pharmaceutical giant Johnson & Johnson have announced their intent to locate offices in the nascent city...

Author: By Natalie I. Sherman, CRIMSON STAFF WRITER | Title: Harvard Plans Its Dubai Debut | 6/27/2005 | See Source »

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