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...tier share system could also prevent the stock from trading at a full premium. "Two classes of stock with two different voting powers is generally viewed negatively by institutional investors," says John Arabia, a managing director at Green Street Advisors of Newport Beach, Calif. "You could get into a situation where somebody owns more of the company but has less control...

Author: /time Magazine | Title: Hyatt's IPO: Bad Timing or Family Necessity? | 9/9/2009 | See Source »

...Furthermore, just because house prices overall may be rebounding, that doesn't mean everyone benefits. Looking at the Case-Shiller data broken down by house price makes clear that the high end of the housing market is still in trouble. For low- and mid-tier houses - roughly, those costing less than $430,000 - prices in June rose between 2.3% and 2.6%. For more-expensive houses, prices nudged up just...

Author: /time Magazine | Title: The Housing Market: Has It Turned the Corner? | 8/26/2009 | See Source »

...then the Biennale is seldom about substance. Atman measures his worth by the invitations he receives to the best parties, forever suffering from "the fear that there were better parties you'd not been invited to, a higher tier of pleasure that was forbidden to you." I countered my own lack of invites by fleeing to such sanctuaries as Osteria alla Bifora, tel: (39-41) 523 6119, where Franco, the irascible and rotund proprietor, buffs and polishes a gleaming red 70-year-old meat slicer with the care most men would pay a Ferrari. Or there's Osteria...

Author: /time Magazine | Title: The Venice Biennale | 8/26/2009 | See Source »

...ignored between security breaches at its nuclear labs. But now there's a new energy crisis, and the appointment of a global-warming Paul Revere who's also a green-tech Albert Einstein has signaled Obama's desire to put the E back in DOE, to have a first-tier brain reinvent a second-tier agency, to keep his Inaugural Address pledge to "restore science to its rightful place." With Obama publicly committed to an economic transformation designed to slash U.S. carbon emissions 80% by 2050, Chu will be America's first Clean-Energy Secretary - a job that's part...

Author: /time Magazine | Title: Can Steven Chu Win the Fight Over Global Warming? | 8/23/2009 | See Source »

...economic well-being of the Iranian people has never been a first-tier priority for the Iranian regime," says Carnegie Endowment Iran analyst Karim Sadjadpour. "The last three decades have shown us that this regime is willing to endure tremendous hardship rather than compromise for reasons of economic or political expediency...

Author: /time Magazine | Title: Sanctions Unlikely to Stop Iran's Nuclear Quest | 8/10/2009 | See Source »

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