Word: lightness
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...change in the U.S. has often lacked. Over the past few years there has been a grassroots groundswell on global warming, but the focus has been on personal action, small behavioral changes individuals can make - or more often, buy - to reduce their impact on the Earth. It's the light bulb theory - switch your wasteful incandescent lights for more energy-efficient compact fluorescent bulbs, and you're doing your bit to save the planet...
That will change only if politicians hear loud and clear that global warming matters to Americans, not just in the brand of light bulbs they buy, but where they cast their vote. The focus on individual solutions "rings hollow to a lot of people," says Jesse Jenkins, a member of the Cascade Climate Network and an environmental blogger. "The solution is to organize and organize and organize." And the agents of that change will be young people like Jenkins and Tolkan, the college-age members of the Millennial generation, born after 1980. These post Cold War kids have grown...
...launched a probe into the legality of approximately $7 million in consultancy fees and expenses Hydro paid as part of its oil operations in Libya. Although it has not disclosed the name of the consultancy or what laws Hydro might have broken, StatoilHydro said the payments came to light during the merger process. Reiten wasn't involved in Hydro's energy operations when those payments began in 2000--he was boss of the company's aluminum division at the time--but the potential conflict of interest during the investigation left him little choice but to resign as the combined company...
...have slowly started to recover. And liquidity is slowly returning to the debt market. However, I can't see a return to the levels of debt that were made available before or the covenant-light scenarios. So the pendulum has swung back to a more conventional debt market. We're actually having to put up equity and have covenants you have to look...
...host club is a uniquely Japanese institution, catering to women seeking to drink with attentive and attractive but unthreatening men. Hosts constantly clean up the table, make drinks and refill glasses, light cigarettes and pamper clients. It's an inversion of the traditional ginza hostess venue, i.e. a gentleman's club without striptease or lap dancing. And it's not cheap. A bottle of '60s-vintage Dom Perignon goes for $10,000, and a few hours of non-sexual entertainment costs some of the more addicted customers as much as $100,000 a month...