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...bigger worry for Branson is that some larger shareholders are coming out against the deal. Philip Richards, CEO of the hedge-fund RAB Capital, which owns 6.5 % of the bank, released a statement saying, "We do not believe that this proposal reflects the true value of Northern Rock and we would expect either that this proposal be improved or that alternative proposals be brought forward...

Author: /time Magazine | Title: Shareholders Balk at Virgin Bid | 11/26/2007 | See Source »

...like, "Britney Spears and Lindsay Lohan aren't cultural." They aren't political. They're economic only in the mildest sense of the word. In fact, if I had to pick somebody, some celebrity who has had some impact this year, some sort of echo in the larger American life, I would say Hannah Montana. That whole issue of online ticket sales and scalping fascinates me. There are [legitimate] issues there about the Internet, so that actually does seem to have some cultural significance...

Author: /time Magazine | Title: Q&A: Talking with Stephen King | 11/23/2007 | See Source »

Additional renewable fuel from an agricultural waste-burning biomass generator will help power a site larger than two football fields...

Author: /time Magazine | Title: Briefing | 11/21/2007 | See Source »

...reckoning, and they're making common cause with some green groups that don't think it's possible to get a strong enough bill through this Congress. Those groups would rather wait until 2009, when, they hope, there will be a Democrat in the White House and larger Democratic majorities in Congress...

Author: /time Magazine | Title: Change of Climate | 11/21/2007 | See Source »

...European Parliament will decide on any reforms in the second half of 2008. As it happens, that is when France - the biggest recipient of E.U. farm subsidies - will hold the E.U.'s rotating presidency. German and British officials have already signaled their resistance to the plans, arguing that larger farms are more efficient and ought not be penalized...

Author: /time Magazine | Title: Reforming Europe's Farms | 11/21/2007 | See Source »

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