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...France by any means, then initiate extraordinary procedures once on French soil to obtain special refugee status for the children. Though the youngsters were to be placed in foster home for care, Zoe's Ark said that the goal of the program in no way involved adoption - for profit or otherwise...

Author: /time Magazine | Title: Charges Made in Darfur 'Adoptions' | 10/29/2007 | See Source »

...that the élite would find a way to ensure that the sorts of programs they enjoy continue to be made. Andy Duncan, chief executive of Channel 4, disagrees, and vehemently. "There would be a huge reduction in the quality of television in this country. If people had a profit motive only there'd be less investment in content, particularly in some of the areas where quite clearly the market wouldn't provide as much...

Author: /time Magazine | Title: Bad News at the BBC | 10/25/2007 | See Source »

...Microsoft got the short end of the deal when it paid $240 million on Wednesday for a puny 1.6% stake in the social-networking site Facebook. While Facebook is probably the most talked about destination on the Web today, the company will be lucky to clear $30 million in profit (on an estimated $140 million in revenues) this year. So what exactly was Microsoft buying, other than a lot of hope and, quite possibly, a lot of hype...

Author: /time Magazine | Title: Why Microsoft Overpaid for Facebook | 10/25/2007 | See Source »

There is one meaningful difference this time though. While several mortgage firms have gone under, the banking industry is on track for what Kovacevich guesses will be its third or fourth biggest profit year ever. "The reason for all that is diversification," he contends. Banks that used to be pinned down in one state, doing nothing but taking deposits and making loans, can now operate coast-to-coast selling everything from stocks to insurance. Kovacevich does profess to be dubious of competitors' efforts to break onto Wall Street in a big way--because he thinks that "transaction oriented" investment bankers...

Author: /time Magazine | Title: How Dumb Is Your Bank? | 10/25/2007 | See Source »

...organization’s Village Banking Campaign, along with Jordan’s Queen Rania Al-Abdullah, said that microfinance could work successfully even in a “for-profit” environment. “One of the biggest debates is about whether it should be for profit or not for profit,” she said in her speech. “In short, I think there’s room for both.” Michael Chu, a senior lecturer of business administration at HBS and former president of microlending firm Accion International, was also...

Author: By Michelle L. Quach, CONTRIBUTING WRITER | Title: Portman Bullish On Microfinance | 10/25/2007 | See Source »

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