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...former top Citigroup executive, to run the Merrill Lynch brokerage division as part of a management shake-up. Observers say the move frees up Brian Moynihan, who had been in charge of Merrill's divisions and has long been thought to be Lewis' successor, to take on a larger role at the bank. Krawcheck, a former chief executive on Wall Street, is also a possible contender for the top job. (See 25 people to blame for the financial crisis...
...Unfortunately, as Google enters more of Apple's core businesses, with Android and now Chrome OS, Eric's effectiveness as an Apple board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest," Steve Jobs said in a written statement on Aug. 3. "Therefore, we have mutually decided that now is the right time for Eric to resign his position on Apple's board." That's right: Schmidt was not fired; he quit...
...phrase sanctity of life can sound sterile and pious in the face of profound pain and suffering. But Minelli is arguing for much more: that autonomy is an overriding right. This view rejects the idea that society might ever value my life more than I do or derive a larger benefit from treating every life as precious, to the point of protecting me from myself...
...pitches in the strike zone. And while the majority of Japanese robotic inventions - from the dazzling to the horrifying -have largely been unable to break into the mass market, Japanese scientists aren't likely to short-circuit their robotic ambitions anytime soon: Robotic technology plays a larger role in Japan than anywhere else in the world. (See the top 10 Japanese robots...
...campaign trail Obama promised to spend $150 billion over 10 years just on clean-energy research. On July 16, an assortment of 34 Nobel Prize winners wrote a letter to Obama, calling for more support for energy research and development in the climate bill. "We need a much larger investment than what we're getting," says Jesse Jenkins, director of energy and climate policy at the Breakthrough Institute...