Word: investive
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...According to The New York Times, Slim will put $250 million into NYT, the paper's parent. "Under the terms of the deal, Mr. Slim, who already owns 6.9% of the Times Company, would invest $250 million in the form of six-year notes with warrants that are convertible into common shares...
...Environmental campaigners, including the pressure group Greenpeace, have teamed up with NOTRAG to fight the project, which they view as a slap in the face from a government that has promised to reduce overall carbon emissions by 80% by 2050 and pledged to invest in eco-friendly projects that promote electric cars and wind power. "On the one hand we lead the world with the pioneering legislation," says Leo Murray of the anti-expansion group Plane Stupid. "But in the very same breath we've just implemented a policy which will make it impossible for us to meet the target...
...initiatives have negative tails - spending money now saves it later. That's one reason Obama is so keen on energy efficiency; retrofitting 75% of federal buildings would curb emissions and set a powerful example as well as slash government energy costs for years to come. Obama also wants to invest in computerizing health records, which would cost tens of billions up front but could save hundreds of billions in government health costs. "At some point, we've got to start turning this around," says Democratic Congressman Ron Kind of Wisconsin, who wants the stimulus to create a new commission...
...kind of cultivated agriculture. Help is on the way: the African Soil Information Service is launching a real-time digital map of sub-Saharan Africa's soils, which should allow farmers and policymakers to make better use of the continent's agricultural resources. "Farmers need to know when to invest and when to hold back," says Sanginga, who is involved with the mapping project...
...checks on these now very large "small funds"? Who blows the whistle when there are more than 100 investors or when each investor truly has the deep pockets to invest? "Either the manager of the fund has to regulate this, or someone in the fund has to raise a red flag," says John Heine, deputy director of the SEC's Office of Public Affairs...