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Transformers 2, sequel to the 2007 hit based on the '80s TV cartoon series, is expected to have earned an astral $201 million, according to Paramount, its producing studio. That's nearly a third higher than the previous top Wednesday-to-Sunday take - $152.4 million, for Spider-Man 2 in 2004 - and within a hair of the all-time five-day total, $203.7 million (Friday to Tuesday), for last year's The Dark Knight. Add the $200 million or so that this Armageddon for machines picked up in foreign theaters over the same stretch, and you have a $400 million...
...Madoff said she recognizes that lives have been upended and futures taken away. "I am embarrassed and ashamed. Like everyone else, I feel betrayed and confused," she said. "The man who committed this horrible fraud is not the man whom I have known for all these years...
...jeopardy. One of the most heart-wrenching responses came from Miriam Siegman, who described how she now lives on food stamps, can't afford to buy new reading glasses and sometimes rummages through trash cans to eat. "[Madoff] discarded me like roadkill," the 65-year-old said. "The man who did this had deep contempt for his victims." She said she now feels "shame and humiliation" asking people for help...
...teenager to move to Canada and for a while lived just across the river from Detroit, is not a micromanager. He declined to be interviewed, but in a first-person account of the Fiat turnaround published in Harvard Business Review, he talked about how he had abandoned the "Great Man model of leadership" that long characterized the Italian firm. Fiat's Great Man was the late Gianni Agnelli, grandson of founder Giovanni, whose family was nothing short of Italian industrial royalty and still controls the firm...
...Washington Getting Warmer The Obama Administration's first climate-change survey found "unequivocal" evidence of man-made global warming with potentially dire consequences in the U.S. Temperatures and sea levels are rising, rainstorms are strengthening, and snow cover is shrinking, according to the report by a consortium of federal agencies and research groups. One potential casualty: maple-syrup production, which may be displaced from New England to Canada as temperatures rise. The sobering report is sure to draw notice on Capitol Hill, where lawmakers are debating a landmark "cap and trade" emissions proposal...