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...fulfill the huge demands, First Solar says it's considering building a solar-module manufacturing facility in the city to support the project. While financial details were not released, news of the deal caused First Solar's stock to jump 11% on the day of the announcement. "This major commitment to solar power is a direct result of the progressive energy policies being adopted in China to create a sustainable, long-term market for solar and a low-carbon future for China," First Solar CEO Mike Ahearn said in a statement. (See the 10 green energy ideas...
...rivals. At an OECD conference in Korea later this month, attendees will try to develop an array of measures that take into account broader definitions of well-being. They have their work cut out for them. While the tiny Himalayan kingdom of Bhutan measures its gross national happiness, no major economy has followed suit...
Prosecutors in Manhattan said they broke up a major insider-trading ring, the largest ever centered in the hedge-fund industry. Raj Rajaratnam, a billionaire co-founder of the Galleon Group, and five others were arrested and charged with earning $20 million off stock trades on the basis of information unavailable to the public. Rajaratnam, whose firm manages $3.7 billion, allegedly relied on a broad network of sources, including executives at IBM and McKinsey & Co., for lucrative tips; one leak about a Google earnings report yielded his firm $8 million in profits in 2007, authorities said. The investigation...
Unless you're a musical or an import from London, you'd better have a Chicago accent to make it in the Big Apple this season. The second major play to open on Broadway this fall is another Chicago product: Superior Donuts, Tracy Letts' follow-up to August: Osage County, his multi-award-winning family drama that stormed Broadway nearly two years ago and is now on a national tour. Chicago theater's most celebrated export, David Mamet, will be represented on Broadway with two works this fall: a revival of his 1992 drama Oleanna and a new play, about...
Chicago, of course, has been a major force in American theater for some years. The Steppenwolf Theatre burst on the national scene in the 1980s, introducing plays by Mamet, Sam Shepard and others, popularizing a high-voltage performance style and spawning stars like John Malkovich and Gary Sinise. The city's biggest resident theater, the Goodman, has produced everything from major revivals of Eugene O'Neill and Arthur Miller to last year's Pulitzer Prize winner, Ruined by Lynn Nottage, while a growing roster of smaller off-Loop theaters have nurtured experimental works like 2007's critically acclaimed musical version...