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...Less than two years later, Li Ning the company is still soaring. In March, Li Ning Co. reported a more than 30% rise in profit in 2009. Li Ning started his sportswear company in 1990, building it into a giant, with 2009 sales considerably more than $1 billion. With 7,249 branded stores in China, Li Ning has surpassed Adidas to become the No. 2 sports-apparel company in the country. Unlike an Adidas or a Nike, 99% of Li Ning's revenue comes from within China. But this won't be the case for long. Li Ning has signed...
...instance, rejected a bank tax out of hand earlier this month, favoring instead a wider implementation of some of the tough rules that left his country's banks relatively unscathed by the crisis. But the publication next month of the International Monetary Fund's recommendations on bank taxes - a report commissioned by the G-20 countries last year - might help coax reluctant nations into considering the measure. "Some countries feel they did their homework," says Arturo De Frias, an analyst at Evolution Securities in London. Should there be an agreement on the issue, he says, "I would be very, very...
...wars, the F-35 was lurking in the background, devouring dollars like there was no tomorrow. New data suggest that the program - the most costly in Pentagon history after the even more expensive F-22 fighter, which Gates killed - has been out of control. "Affordability," declared an internal Pentagon report critical of the F-35, "is no longer embraced as a core pillar." A too-ambitious design lashed to a too-ambitious schedule has driven up costs so fast and so high that even the Pentagon - long practiced at ignoring such mismanagement - couldn't stand it any longer...
...Though Nowak's epic meltdown (and her termination by NASA) almost certainly hinged on more than her working-mom status, the case does underscore the arbitrariness of China's new policy. So does a 2005 study on reproductive health and spaceflight in the International Journal of Impotence Research, which reports that about 80% of the American female astronauts who came to NASA were not mothers. The report, which considers both genders, finds no evidence that short-duration spaceflight - missions of up to nine days - "has an adverse effect on the ability of astronauts to conceive and bear healthy children...
...potential solution, the report proposes not that female pilots begin having children earlier, but that members of both sexes store reproductive cells for future use. For women, banking eggs would not only eliminate the theoretical difficulty of damage to reproductive tissues by cosmic radiation, but also solve the problem of age-related fertility decline. (See pictures of the world's space programs...