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What Chinese banks are likely to do is to focus on Asia and other emerging markets, particularly in places where globalizing Chinese businesses are expanding. Industrial and Commercial Bank of China (ICBC) paid $5.6 billion in 2007 for 20% of Standard Bank, South Africa's largest lender, in part to serve Chinese-owned resources companies prospecting for oil, gold, copper and other metals in places like Angola, Congo, Liberia and Zambia. ICBC is now said to be interested in the Royal Bank of Scotland's Asian assets, along with Australia's ANZ Bank and Anglo-Asian lenders HSBC and Standard...
John Berger, chief executive of Standard Renewable Energy in Houston, said he expects his company, which helps homeowners make their homes more energy efficient, to nearly quadruple its employees in the next year, in part because of the stimulus bill. Tax credits in the bill have boosted demand for windows and insulation, he said. Berger's company, which had just over 100 employees last fall, plans to hire as many as 300 workers this year...
...Faust is searching for someone to be a standard bearer for the Law School, she may look to Wilkins, who is universally described as someone who loves the school and unusually willing to make sacrifices on its behalf...
...interview that she thinks the Science Complex was “on a fast track” and that “we went ahead with the design of the building before we went and raised money from people,” though she added that this is standard practice at Harvard. With markets deteriorating, Shore, Harvard’s CFO, says that by the fall, it was clear “the old capital plan didn’t fit the new reality, so we basically started fresh from the ground up—what are the projects...
...decision in Coleman's favor would send the case back to lower courts to reinterpret the standard for including absentee ballots. "The trial and appeal were based on the fact that different counties counted the ballots differently," Ben Ginsberg, a lawyer for Coleman who also represented George W. Bush in the 2000 Florida recount, tells TIME. "Whether or not a voter's vote counts shouldn't depend on where they live." (See the top 10 unfortunate political one-liners...