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...whether Vulcano can melt the hearts of chocoholics around the world remains to be seen. "Generally speaking, low-calorie products, particularly those in more indulgent parts of the market, like chocolate, have become increasingly popular in recent years - and that popularity will only grow, especially as the global economy moves out of recession and into recovery," says Dean Best, executive director of Just-Food, a U.K.-based news and information website for the global food industry. "Consequently, Barry Callebaut's industrial customers will be intrigued by this latest piece of innovation. But Vulcano's success will ultimately depend on whether...
...value that drove decisions to merge, break up and restructure companies, but also the work culture of Wall Street itself. Ho, now a professor at the University of Minnesota, talked with Barbara Kiviat about her findings, presented in Liquidated: An Ethnography of Wall Street, and how she thinks the recent financial collapse has - or hasn't - changed things. (See 10 things to buy during the recession...
...think things have changed in the recent collapse? I think it remains to be seen, but I don't think the culture of Wall Street has substantially shifted. Even in the midst of this major global financial crisis, Wall Street has still continued to resist change. And I'd argue part of the reason they've been able to, even though investment banking as we knew it no longer exists, is that their ethos still does. Their daily cultural practices still do. Just look at how fiercely investment banks have resisted changing their bonus structure. But I think...
...University has grappled with racial profiling issues a few times in recent years, although those cases involved the Harvard University Police Department, not the Cambridge Police Department. Last summer, HUPD officers, in a confrontation allegedly "laced with obscenities," approached a young black man attempting to remove a lock from a bicycle who turned out to be a Boston area high school student working at the University for the summer. The incident helped trigger a University task force review of community and police relations, and prompted HUPD to reach out to the community, drawing praise from black student organizations...
...global stage. "[I] consider India not just a regional but global power," she told an Indian news channel on July 18, the day after she arrived in Mumbai. The irony of that statement was not lost on India's foreign policy set, given that the country's recent attempts to take a leadership role in international affairs, such as leading developing nations at the World Trade Organization (WTO) and in climate-change negotiations, has led it on a path of friction with the U.S. (Read "Clinton Off to Patch Relations with India...