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...time until eclipsed by the Eagles' Greatest Hits, 1971-1975, brought in a reported $125 million for the singer in the years after its release in 1982. Though there were early signs of an inclination to spend - he apparently missed out on landing the bones of John Merrick, better known as the Elephant Man, despite bidding about $1 million for them in 1987 - Jackson showed early investment savvy. Shelling out $47.5 million in 1985 for the rights to a catalog of music that included 251 Beatles songs was a profitable move. Those rights, as well as concerts, endorsements and music...
Jackson's sudden death raised immediate questions about the singer's health history. But little is known about his medical record, which has always been a mystery, characterized largely by rumors and speculation - which sometimes seemed just the way he wanted it. In the fishbowl world he inhabited - with his three young children, Michael Joseph Jackson Jr. (a.k.a. Prince Michael), Paris Michael Katherine Jackson and Prince Michael Jackson II - Jackson has managed to spark, then dodge, questions surrounding his various health problems. Much of time, the superstar behind such hits as "Beat It," "Thriller" and "Billie Jean" appeared to invite...
...more than 1,200-page bill, known as the American Clean Energy and Security Act, would give away carbon credits to energy aggregators, producers, refiners and others - a financial boon worth more than $600 billion - to help offset costs for consumers. The Administration initially envisioned auctioning off the credits to raise money for green jobs and other Obama priorities, but that idea was met with stiff resistance from the business community...
Despite or perhaps because of this experience, China, which is known for making deals in unstable conditions and world pariah governments, may now have a leg up on Western oil firms. It has learned an important lesson: keep the locals happy. Says Kamel Al-Rafii, 64, a former economics professor at the University of Wasit: "I imagine that the Chinese company will succeed in the courageous step in the exploration of Ahdab and this will encourage other foreign companies to follow their example." Indeed, none of the companies on tap for the bids at the end of the month show...
...alliance with Sufi Muhammad, the hard-line cleric it enlisted to broker peace in the Swat Valley earlier this year, proved equally disastrous. Muhammad's politics were well known: during the 1990s he had waged a campaign of violence for the imposition of an austere form of Islamic law in the Swat Valley, and in late 2001, he led hundreds of young men to fight the U.S. invaders in Afghanistan. He had been imprisoned upon his return, and released last year on the condition that he disavowed militancy...