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...just a good-neighbor policy; it's an industry, and a new way for Japan to turn a profit from China's economic boom. Selling eco-friendly technology is potentially big business, and one in which Japanese firms still have a tremendous competitive advantage. Toshiba's Westinghouse unit, for example, (yes, once part of a famous U.S. company) is building four advanced nuclear reactors in China at about $3 billion to $4 billion each. Nippon Steel, Japan's largest steelmaker, introduced a type of eco-friendly coke-making technology called dry-quenching in China that has become widely used throughout...

Author: /time Magazine | Title: China and Japan: The Green Connection | 7/3/2008 | See Source »

...infiltrate the FARC's top hierarchy, the secretariat, in recent months. A government mole had been able to convince those bosses to transfer Betancourt and the 14 other hostages to the encampment of the FARC's new No. 1 leader, Alfonso Cano. Under the yoke of a FARC unit led by Comandante Cesar, the group made its way to a smaller camp belonging to a friendly NGO. "They tied our hands and feet," Betancourt later told Colombian radio, describing how the rebels had transported the hostages, who thought they were going to be part of a prisoner exchange. When...

Author: /time Magazine | Title: Colombia's Stunning Hostage Rescue | 7/2/2008 | See Source »

...this story, approximate endowment returns were calculated from data on the monthly values of "endowment units" that Harvard entities can purchase just as investors buy shares of a company's stock. Changes in unit value for the past decade have tracked changes for Harvard's total endowment over the same periods, but lag overall growth by approximately two percent each year...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERS | Title: Harvard Endowment Posts 9 Percent Return in 10 Months | 7/1/2008 | See Source »

...account for this discrepancy, monthly unit changes were adjusted upward by one-sixth of a percent for each month in the graph above, and two percent was added to the overall growth in the endowment units. (This two percent differential may reflect deductions for management fees or levies on the endowment like the 0.5 percent tax for development of the new Allston campus. A Harvard spokesman was not immediately available for comment on this difference as well as the endowment's returns for this fiscal year...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERS | Title: Harvard Endowment Posts 9 Percent Return in 10 Months | 7/1/2008 | See Source »

...Gourville. But after that, it's much easier for manufacturers to further whittle down amounts. It's all about taking away consumers' ability to compare apples to apples. The best way to compare food products if you're not sure if sizes have changed is to look at the "unit price," which breaks down the cost per ounce or per quart...

Author: /time Magazine | Title: America's Shrinking Groceries | 6/27/2008 | See Source »

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