Word: homelands
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...domestic-spying program. At Senate hearings last week, the former head of the National Security Agency refused even in closed session to say how many phones had been tapped in the U.S. This reticence comes after conflicting public estimates from President Bush ("a few" U.S. phones) and his Homeland Security Secretary Michael Chertoff ("thousands...
Indeed, P. Roy Vagelos, a former CEO and chairman of Merck, traveled last fall to China, where he met a number of U.S.-educated Chinese scientists who had returned to work in their homeland. "The new labs are spectacular," he says. "Unbelievable. The equipment leaves nothing to be desired." The government is doling out generous research grants to academic scientists. In all, it invested nearly 110 billion yuan on science in 2004, up from less than 50 billion yuan in 1999. Chinese scientists also get cash awards that can run into thousands of dollars for getting papers published in scholarly...
...beefing up of research labs in China and elsewhere is not just luring natives back to their homeland. It is also retaining promising students who might once have gone to the U.S. to study. That matters because keeping U.S. universities the best in the world depends on luring the very best students. Tougher visa regulations put in place after 9/11 don't help either. Chu has plenty of horror stories. One former student went home to Taiwan for a brief vacation. When he applied for his re-entry visa, he said he was studying atomic physics. Even though that subject...
...Hudspeth County incident shows once again the Mexican government cannot police the border region. "It serves to bolster the arguments of those who seek the creation of physical barriers along our borders," he warned. The situation has gotten so tense along the border that members of the House Homeland Security subcommittee will visit the area Friday in advance of their planned hearings in Washington next week, at which border patrol officers and all 16 Texas border sheriffs will testify...
...Japan, the homeland of Sony, Toyota and Toshiba, manufacturing is still widely regarded as the only honorable industry. Organic growth is esteemed above all, and many large companies still disdain the idea of mergers and acquisitions. To this day, there has never been a successful hostile takeover in Japan. Horie looked to smash these conventions. Rather than expanding slowly over many years, he discovered he could generate outsized growth by rapidly acquiring smaller, financially weaker prey, typically using Livedoor stock as the currency. He cobbled together an empire by purchasing no less than 50 firms, often with the help...