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On July 15, the world found out that Kim Jong Il had done something surprising: he had kept his word. International nuclear inspectors confirmed that North Korea's flagship reactor in Yongbyon had been shut down, as Kim's regime had pledged to do in February. It was the first...
Some self-starters like Buchinsky, 43, have found a way to make time for themselves even as they build their dream business. Not only does she have an original idea with low expenses--the equipment cost $600, and her liability insurance is just $227 annually--but because she is not...
PE firms are starting to defy this unspoken rule. A team of PE players joined forces with publicly held Vornado Realty earlier this year to try to derail Blackstone's agreement to buy office giant Equity Office Properties Trust. Although the PE contingent, which included Starwood and Walton Street Capital...
Fueling the competition further are disgruntled mainstream investment funds, which have been egging on PE firms to deal jump. Some have become quite vocal and even threatened to vote their shares against a deal unless a bidder kicked in more money. One such firm is Cohen & Steers Inc., a nonactivist...
Some of this receptivity may reflect biblical viability. On immigration (as opposed to, say, gay marriage) it is liberals who get to cite specific verses to sanction their cause, while anti-immigration conservatives must fall back on a "sense" of Scripture. "In the Old Testament, God speaks of being the...