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...this sort of thing in cases that involve people with dubious reputations in the public eye," says James Cox, a law professor at Duke University. "And I do think a desire to improve his public reputation is what is driving Greenberg in this case." (See the top 10 worst business deals of the past year...

Author: /time Magazine | Title: AIG vs. Hank Greenberg: Who's More Deserving? | 6/15/2009 | See Source »

...Selling computers is a tough business at the best of times. These are the worst of times - global computer sales slumped nearly 7% in the first quarter of 2009. But PC maker Acer has bucked the trend. According to research firm IDC, Acer's PC shipments rose 10% in the first quarter of 2009 from the same period a year earlier, lifting Acer's global market share to 11.9%, up from 10.1% the year before. In notebook computers - Acer's speciality - the company claimed 17% of the world market in the first quarter, enough to make it the world...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

...bike boom owes much to Chinese policy. The government made developing e-bikes an official technology goal in 1991. Major Chinese cities have extensive bicycle lanes, which means riders can avoid the worst of rush-hour congestion. In cities such as Shanghai, local governments have drastically raised licensing fees on gas-powered scooters in recent years, effectively driving hoards of consumers to e-bike manufacturers...

Author: /time Magazine | Title: On the Streets of China, Electric Bikes Are Swarming | 6/14/2009 | See Source »

Internet piracy is costing the U.K. alone almost $300 million a year, according to technology analysis group Jupiter Research. Little wonder that European capitals are racing to win more powers to take on the worst pirates. So far, though, they don't seem to be getting...

Author: /time Magazine | Title: Europe Stumbling in Efforts to Battle Internet Piracy | 6/13/2009 | See Source »

...time last year. To add to these woes, Mexico's manufacturing sector has been battered by a drop in spending in the U.S. In total, the Mexican government predicts the economy will shrink 5.5% this year. But some private analysts speculate the decline might be more than 8%, the worst dive since the Great Depression...

Author: /time Magazine | Title: Guns, Germs and Recession: The Curse on Mexican Tourism | 6/11/2009 | See Source »

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