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...York Times Company have any choice over who put money into the firm? Probably very little. The newspaper industry is viewed as a poor investment. Several newspaper chains are already in the process of liquidation, particularly Journal Register and Gatehouse. The third largest newspaper company, McClatchy (MNI) is in deep trouble. A number of the nation's largest dailies, including The Rocky Mountain News, are for sale and some will be closed if they do not find buyers...
Compiled by two of the nation's largest left-leaning think tanks - the New Democracy Project and the Center for American Progress Action Fund - this collection of 67 agency-by-agency, issue-by-issue essays serves as a bible of progressive thought. It is modeled after 1980's Mandate for Leadership, a book which greatly influenced Ronald Reagan's transition team. Seeing as John Podesta, head of the Center for American Progress, was the head of Barack Obama's transition team, it stands to reason that these recommendations will receive serious consideration. (See a gallery of Obama's cabinet members...
...park's reliance on the U.S., where consumer demand for electronics is plunging, means companies based there are suffering from unprecedented reductions in orders. Even the world's largest semiconductor foundry, Taiwan Semiconductor Manufacturing Co. (TSMC), recently asked its 20,000 employees to take an extra day off every week for an indefinite period. The forced leave translates into pay cuts of at least 15%. But it avoids pink slips and allows TSMC to hang on to valuable staff. "This is a way that allows us to make the best of a bad situation," says TSMC spokesman Michael Kramer...
...Dhabi isn't the last place you'd expect to find ambitious plans for solar energy and ultra-green construction, it has to be close. The seaside capital of the United Arab Emirates (U.A.E.) is the world's fifth largest producer of petroleum, and the wealth that oil brings this former fishing village is evident in the foreign luxury cars that choke its highways, running on gas that costs just 45 cents a gallon. But a year ago, the government launched the multibillion-dollar Masdar Initiative, a combination clean-tech investment fund, property developer and renewable-energy start...
...Europe's largest economy - and since earlier this month the progenitor of Europe's largest stimulus package - Germany has embarked on what has been dubbed "Super Election Year," with 14 electoral contests still to go, including three more state elections, the European election, municipal elections, the election of the German President on May 23, and the federal election on September 27. (See pictures of East Germany making light of its past...