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...momentum to an antiterrorism bandwagon that has already started to roll. Last month, FTSE, a big provider of indexes, and the Conflict Securities Advisory Group (CSAG), a research consultant, launched a "terror free" index that excludes assets for some 400 foreign firms that operate in terrorism-supporting countries. Northern Trust, a huge fund manager that caters to both individuals and institutions, will soon roll out investment products based on that index. A source familiar with the naughty list says both ABB, a Swiss engineering giant that does business in Iran, and the China National Petroleum Corp., which operates in Sudan...
...terror-free pension option for the city's municipal workforce. He says according to the portfolio studies, the performance of terror-free funds will be as good as or better than alternatives. "Whenever you remove companies from the mix, there will be an impact," says Stephen Schoenfeld, Northern Trust's chief investment officer. "But when you use a very broad index like the FTSE/CSAG and remove comparatively few companies, performance is not going to change much over the long term...
After giving birth vaginally, by caesarean and then vaginally again, I nearly lost consciousness reading "Womb Service." The line "Pretty tidy way to conduct the often messy business of childbirth," about Euna Chung's elective caesarean, was most disturbing. Trust me: suffering the effects of major invasive surgery is not a tidy way to do anything. Vaginal birth has been proven to be safest for moms and babies. It is irresponsible for TIME to suggest otherwise. Alana Brown, AVON...
...Absolutely. Oh I am a romantic, a romantic guy also. But I like a lot of women. I’m a gentleman, but I am a pleasure-man of course. You never know. But it’s very important to have trust in each other. It’s very important. But I have a lot of girlfriends right...
...government, sensible tax reform could be a way to repair an image that has begun to suffer at home after years of degradation abroad. According to a recent Gallup Poll, the percentage of people who do not trust the government at all on domestic issues has doubled since May 2000. This unprecedented loss of public confidence might be reversed with a judicious rewrite of the tax code—certainly an excruciating prospect for many at the top of the political world...