Dec 4 2010

Asia Captures Lion’s Share of Big I.P.O.’s

Paul Hilton/European Pressphoto AgencyMark Tucker, chief executive of American International Assurance, at the Hong Kong Stock Exchange in October. The company raised more than $20 billion in its initial public offering. HONG KONG — A bank whose customer base is larger than the population of the United States, a French cosmetics maker, a microlender and [...]


Dec 4 2010

Democrats Rally to Support Unemployment Insurance Extension

Congressional Democrats on Wednesday stood with more than 100 jobless workers in an attempt to drum up public outrage after Republicans prevented an extension of federal unemployment benefits for millions of Americans who are out of work. “Has the Republican leadership in Congress lost all sense of justice?” asked Sen. Tom Harkin, D-Iowa. “Where is [...]


Dec 4 2010

Google’s Bid for Groupon Portrayed as a Bargain

Noah Berger/Bloomberg NewsAndrew Mason, Groupon’s founder and chief executive, says his strategy is “finding the holy grail of local.” As investors fret that Google’s $6 billion bid for Groupon is too high a price to pay, new details about the company’s sales and growth suggest that it might be more like one of Groupon’s cut-rate [...]


Dec 4 2010

WikiLeaks’ Julian Assange: Document Leaks Don’t Endanger U.S. Troops

Critics of WikiLeaks — including military officials, the White House and former president Bill Clinton — have claimed that the whistleblower group’s controversial document dumps exposed information that could put U.S. troops in danger. WikiLeaks founder Julian Assange dismisses that notion as “reactionary sentiment.” In an exclusive interview with TIME made public Wednesday, Assange says [...]


Dec 4 2010

Harbinger: A Brash Bettor Stumbles

Shortly after noon on Nov. 14, a Russian-made rocket blasted off from Baikonur Cosmodrome, the Soviet-era launch site that catapulted Sputnik 1 into orbit, Julie Creswell and Azam Ahmed report in The New York Times. The slim Proton Breeze M carried a commercial satellite called SkyTerra 1 and, with it, the ambitions of one of [...]


Dec 4 2010

Harbinger: A Brash Bettor Stumbles

Shortly after noon on Nov. 14, a Russian-made rocket blasted off from Baikonur Cosmodrome, the Soviet-era launch site that catapulted Sputnik 1 into orbit, Julie Creswell and Azam Ahmed report in The New York Times. The slim Proton Breeze M carried a commercial satellite called SkyTerra 1 and, with it, the ambitions of one of [...]