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For decades, paying bribes was an unspoken but largely inevitable cost of doing international business. The World Bank Institute, the bank's in-house think tank, estimates that more than $1 trillion is paid in bribes each year, lining the pockets of officials at the expense of economies, distorting competition...

Author: /time Magazine | Title: The Endless Cycle Of Corruption | 2/1/2007 | See Source »

Teaching may be given “major and equal weight” with research in professors’ annual salary calculations if the Faculty of Arts and Sciences follows the recommendations of a new report on teaching released to professors last week.In a document that gives voice to frustrated...

Author: By Lois E. Beckett, CRIMSON STAFF WRITER | Title: Report Affirms Value of Teaching | 1/31/2007 | See Source »

A new CEO would have the advantage of deep pockets and patient owners. Founders Donald and Doris Fisher, along with their son and interim CEO Robert Fisher, own about 33% of Gap shares and have never seemed interested in selling their baby; they want it fixed. One possibility: breaking up...

Author: /time Magazine | Title: Khakis Get the Blues | 1/26/2007 | See Source »

For starters, Bush's staff says his plan would reach just 3 million to 5 million of the 47 million uninsured. If that's what this White House calls "bold," it's hard to know what "inadequate" would look like. Moreover, there's a real risk that Bush's deduction...

Author: /time Magazine | Title: State of the Union: A Good Idea Inside a Bad One | 1/26/2007 | See Source »

Exactly how much money pours into the pockets of Springsteen's trademark Levi's is one of the most closely guarded secrets in show business, but some estimates are possible. Record-industry experts figure that the Boss is entitled to royalties of between $5 and $6 for every copy of...

Author: /time Magazine | Title: The Boss's Thunder Road to Riches | 1/26/2007 | See Source »

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