Word: moving
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...there are no signs that the big Citi sale will end anytime soon. The bank still owes the government $45 billion from this past year's financial-rescue effort, and Citi executives said the bank would like to repay the government soon. Last June, in an unusual move, Citi hired investment banker James von Moltke for the sole job of heading the bank's corporate-disposal effort...
...Supreme Court begins its new term on Oct. 5--its first with Obama-appointed Justice Sonia Sotomayor on the bench--and legal observers are watching this session closely to see if conservative Justices move more forcefully to override their liberal counterparts. Arguments will be heard on cases involving corporate political donations, antitrust complaints brought against the NFL, and First Amendment issues concerning the sale of videos depicting animal cruelty...
Some dioceses are - to use education reformers' favorite action verb - innovating. Last year, in a controversial and mostly untested move, seven Catholic schools in Washington converted to charter schools. In Miami, eight schools have followed the same route. In Wichita, Kans., which still has a strong Catholic community, parishioners are encouraged to give a certain percentage of their salary to the diocese, which allows for tuition-free schooling for Catholics and lower tuition costs for non-Catholics. As a result, the diocese has not closed any schools in the past decade...
...life and make devices more portable and easier to read. U.K.-based Plastic Logic hopes to introduce next year the first e-reader with a plastic screen that will reduce glare and be less prone to cracking when dropped by ham-fisted owners. Electronic-ink technology is set to move from black and white to color by the end of 2010. Even video is on the horizon. "We'll see a range of models start to appear over the first half of 2010" offering "a range of different reading and productivity experiences," says Neil Jones, CEO of U.K.-based Interead...
...many Ticos at home are starting to question whether the President is a real friend of their eco-image and the carbon-neutral campaign. His commitment to protecting national parks has come under fire from conservationists. Worse, they say, he recently lifted a ban on open-pit mining. The move is likely to result in the largest such gold mine in Central America, Las Crucitas, to be operated by a Canadian-owned firm, Infinito, and will require clearing 125 acres (50 hectares) of forest land. It also has environmentalists in Costa Rica and Nicaragua warning of a cross-border...