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...This is a clear and unabashed oligarchy situation in which 150 people, max, run French business in a collusive but entirely legal manner," says Eric Grémont, a co-founder of PEOCS and a co-author of its upcoming book A la Découvert des Grands Patrons (Fleshing Out the Big Bosses). "You hear and read a lot about dynamic new companies and rising CEOs, but those are the tiny exceptions to the wider rule: French business is controlled by a small élite of very powerful men free to decide things as they wish - so long...

Author: /time Magazine | Title: France's Boardrooms: Little Diversity at the Top | 1/22/2010 | See Source »

...idea that there might be fewer Atlantic hurricanes in a warming world is not a new one. Earlier studies led by Thomas Knutson of the National Oceanic and Atmospheric Administration's Geophysical Fluid Dynamics Laboratory (GFDL), a co-author of this week's Science paper, had reached the same conclusion. The explanation for this seemingly paradoxical finding: hurricane activity is governed not only by ocean temperatures, but also by factors such as ocean currents and the speed and direction of wind in different layers of atmosphere. It turns out, says Knutson, that the key to hurricane frequency is not simply...

Author: /time Magazine | Title: Studies Predict Fewer but Stronger Hurricanes | 1/22/2010 | See Source »

Take into account property damage, and things become even more complex. The amount of destruction depends on the density of development, the mix of commercial and residential property, various construction characteristics and the location of a building's contents, says co-author Peter Dailey of AIR Worldwide, which specializes in catastrophe modeling. Surge damage typically affects lower floors; in a single-story warehouse, for example, most of the contents are at risk, while in a hospital they would be distributed over many floors...

Author: /time Magazine | Title: Studies Predict Fewer but Stronger Hurricanes | 1/22/2010 | See Source »

Ilitch, 55, bills herself as a self-made businesswoman. Also trained as a lawyer, Ilitch worked for her family's pizza and sports enterprise before launching her own jewelry company. She also co-owns a local lifestyle magazine called Ambassador. She is a fixture on Detroit's civic scene, joining Detroit Mayor Dave Bing's transition team last year and frequently challenging some of his top advisers to make deeper budget cuts. "She zeroed in on the finance piece as her baby, trying to get them to think through how to make immediate cuts," recalls a person familiar with...

Author: /time Magazine | Title: Michigan's Governor's Race Tests the Democrats | 1/22/2010 | See Source »

...Co-habitation is possible, in other words, but direct competition can be deadly. That's a lesson Southeast Asia's companies are braced to learn as Chinese manufacturers loom ever larger on their doorstep, unfettered by the duties and tariffs that before Jan. 1, when the free-trade agreement kicked in, gave local businessmen a small measure of protection...

Author: /time Magazine | Title: Free Trade With China: ASEAN's Winners and Losers | 1/22/2010 | See Source »

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