Word: lessoned
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...government stepping in to run an industry to save the broader economy is that it must live with the consequences of its own actions, which in this case involves investing capital into a restructuring that increases the burden on social services, causes great suffering, and is a lesson to private enterprise that failure can, in some cases, be rewarded...
What follows is the lesson of the day at sheep-shearing school at New Mexico State University: how to remove a year's growth of wool without nicking the sheep - or yourself - with the clippers. And how to do it without taking your back...
...Today, almost alone in the world, China's state-owned companies are still cash flush. Crucially, though, they have learned a basic - and expensive - lesson about investing abroad. As a result, the 'Go Out' strategy has been tweaked. It might now be better called the 'Buy Low' campaign, and in one of the markets that Beijing has long had in its strategic sights - Australia's vast metals and minerals industry - it is now unfolding. (See pictures from the Beijing Olympics...
...That's a lesson you can take from Intervale Green. The neighborhood was once a symbol of total urban decay - President Jimmy Carter made a famous visit to the South Bronx in 1978 when it resembled a bombed-out war zone. Life has improved considerably since, but the $39 million Intervale development still looks a bit out of place on its street. As Biberman leads a tour through freshly painted hallways, she points to the artistic tile work in the floors - sold by a New Jersey company looking to recycle leftover tiles - as well as the compact fluorescent bulbs that...
...district needs a cash influx now. "There are schools in our district that don't even have nurses on certain days," says Grier, whose district includes Hage Elementary School and its shuttered stacks. "If a kid skins his elbow, a teacher has to take time out of her lesson to dust him off, clean him up and put on a Band...