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...Liechtenstein and 39% in the U.S. "We offer not only fiscal conditions that are attractive to these companies but also an efficient, business-friendly infrastructure," says Franziska Holzgang, head of Zug's Economic Promotion Board. A company can be launched in Zug with little capital, registration fees are low, and the whole process can be completed within five days. The big banks and international airport of Zurich are only 14 miles to the north. And the work force in Zug is well educated and multilingual: its members hail from 96 countries...
...secret? An aggressive expansion in the U.S. and an innovative approach to R. and D. Novartis has launched nine groundbreaking drugs since 2000--three times as many as its nearest competitor--and plans to launch 12 more by 2006. The company's relatively low debt and ample cash reserves have earned it a credit rating of AAA from Moody's. Morningstar analyst Todd Lebor praises the company's "excellent financial disclosure and conservative accounting" and notes that it has no unconsolidated debt. Pfizer's announcement last week that it will merge with Pharmacia sent several drugmakers looking for partners...
...nowhere have they been more prominent than in Ireland. According to Irish officials, more than 150,000 Poles have flocked there in just two years. They now make up the country's largest nonnative population and at least 5% of the workforce. Many go for low-skill jobs in pubs or retail shops, but others arrive with skills in fields like construction and plumbing, which are crucial to feeding the country's appetite for houses and offices...
Charbonneau said yesterday that he is currently focused on the MEarth Project, which involves building an array of ground-based telescopes to detect potentially habitable planets. These telescopes will focus on rocky planets orbiting nearby low-mass stars that are cooler and dimmer than the Sun. The first few telescopes have already been built in Southern Arizona...
...Columbia that clinched the Ivy League crown in Cambridge. However, that is pretty much all that the two seasons had in common for the Crimson. Harvard (10-6-1, 3-4-0) more than tripled its win total from last season. Despite ending the year on a low note after losing its final two games, the Crimson will not think of the season as a failure. “We’ve improved, and I definitely think we grew,” coach Ray Leone said. “And along with that growth you get some...