Word: arene
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...National Association of Manufacturers is dug in against the bill. A large and growing number of corporations know that a cap is inevitable, though few have come out in favor of Lieberman-Warner. And all this leaves unanswered the problem of how to ensure that carbon-constrained U.S. businesses aren't hurt in global trade...
...secular condescension, or at a private fund raiser, where the rich and powerful gather for shrimp and special access; or if Obama, a comfortably devout Christian, had not said that "bitter" small-town voters "cling" to their faith, along with their guns and their "antipathy to people who aren't like them." By any measure, it was a graceless move to characterize an entire demographic group--and vital voting bloc--as irrational and bigoted. And it came from a candidate who should know better than any the sting of being lumped into a stereotype and dismissed...
...March, when he revealed a $1 billion position. Muni yields almost never beat Treasury yields because both are considered safe, but the income from munis is tax exempt. That anomaly occurred earlier this year, and even though some order has been restored, muni yields remain historically high. "These aren't as safe as cash," says Mark Soehn, managing director at Financial Solutions Advisory Group in Chicago. "But the risk is well worth it." He recently put his clients into the BlackRock International Municipal closed-end fund, which was trading at an unusually large 12% discount to the assets...
Then he stops himself, having noticed the looks from the guys gathered around the table. They aren't rock stars; they're airline executives who work in outposts of the Virgin empire--San Francisco, Geneva and Brisbane--and they've heard this story before. Rather than bore them, Branson spends the next couple of hours dishing with his crew. Whose airport lounge can passengers use in San Francisco? (Alaska Airlines.) Is anyone making money flying direct to India? (American is, Chicago--New Delhi.) Which U.S. carrier will fall next? (ATA shuts days later.) We all gossip a bit about...
...firms' stock price from 1998 to 2005 rose an average 14% per year, as compared with 6% for the market overall. Edmans considers that pretty strong evidence. But there is always a chance that something else--say, good management--is causing both engagement and performance to rise. The consultants aren't done...