Word: pointings
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...that without a new legal framework for the oil and gas industry, the foreign investment that Iraq desperately needs will not arrive, though the senior U.S. embassy official remains optimistic. Iraq is not as dangerous as it once was. "The security environment," says this official, "is at a point where [investors] can start to look at other issues that determine whether they'll come...
...Perils of Verticality If you're a reader, you probably consider Amazon your friend. And it is. It recommends books to you and gets them to your door for cheap. But try shifting your point of view to that of a publisher and Amazon starts looking a bit scarier...
...owned 43% of that market, according to the bibliographic-information company R.R. Bowker - it has a lot of power at the negotiating table. All retailers get discounts from their wholesalers, but some publishers think the discounts Amazon asks for are getting too deep. "They're fast approaching the point where we just can't afford to do business with them," says a well-known New York book editor, who asked not to be identified. "It'll be interesting to see what happens then...
...going to want publishers to start sharing the pain. This may seem a nitpicky issue, but once e-books become a significant part of the market, the price of a Kindle edition could mean the difference between the red and the black for some publishers. "That's the detonation point," says Dennis Johnson, publisher of the prominent small press Melville House. "Because nobody can make a book that sells for $9.99." Yes, you save on printing and shipping, he says, but that's only a small fraction of what it costs to make a book. (See the top 10 gadgets...
...costs a lot more to fix something that's broken than it does to prevent it from breaking down in the first place. Our ailing health-care system is long past the point at which we can stop it from breaking down, and it will cost hundreds of billions of dollars to fix. But I trust it's different for most of us. When it comes to individual health care, the model these days is not treating illness but preventing it. The prescription is prevention. Three-quarters of our health-care costs are attributable to chronic, preventable diseases...