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"Citi's CEO's salary has been cut, but there has been no trickle-down effect," says Brandon Rees, the deputy director of the office of investment at the AFL-CIO, which owns shares in Citi. "Now that they are out from under the pay czar, expect 2010 numbers to...
Still, Herzberg's Sirius Value program is far from a slam-dunk fix for the housing slump. Under the program, which received a provisional patent from the U.S. Patent and Trademark Office last month, the developer or homebuilder must give 20% of the purchase price to Herzberg's group as...
Protection for tuna was initially proposed by Monaco late last year, and if the motion passes at the CITES meeting, the fish would be listed under the treaty's Appendix I. That would amount to a total trade ban, though countries would still be able to fish the tuna for...
The U.S. decision to support the ban should go a long way at the CITES meeting, but it doesn't ensure that the tuna will be protected under Appendix I. Any decision at CITES requires the vote of at least two-thirds of the represented countries, and while the European...
But as the planet warms and the permafrost thaws, methane could begin to escape into the atmosphere, where it would trap more heat and melt more permafrost - one of the many positive feedback mechanisms that could accelerate the climate change that is already under way.