Business & Technology
The Uber Lobbyists of Washington
Foreign Tests Don't Meet U.S. Criteria
Hype, hope and heartbreak a chronic condition
The cycle of hype, hope and heartbreak surrounding clinical trials has become a chronic condition in the global pharmaceutical industry, which now initially tests two-thirds of all products for Americans overseas. The experiments often involve fraud, concealed side effects, improvised experiments and human rights abuses. (The Plain Dealer)
Fear and Loathing at the Airport
Why we can put a man on the moon but can't curb delays
Long lines, late flights, near collisions—everyone is unhappy with the state of the U.S. air travel system. Unfortunately, no one, especially not the FAA, seems able to do anything about it. (BusinessWeek)
The Ugly Side of Microlending
Investors prosper as working poor borrowers sink in debt
Microlending is a popular tool for nonprofit economic development. It’s also turning the working poor into one of the world’s least likely sources of untapped profit. After all, they’ll pay interest rates most Americans would consider outrageous if not usurious. Many families are being drawn into a maze of debt. Meanwhile, banks, investors and executives prosper. (BusinessWeek)
Wal-Mart Banks on the 'Unbanked'
New Mexican lending arm taps fresh source of growth
Microlending isn’t only for nonprofits. In Mexico, Wal-Mart is taking advantage of a market where annual interest rates often exceed 100%. (BusinessWeek)
Harnessing Purity and Pragmatism
Closer to business, nonprofits struggle with their ideals
As walls between nonprofit and corporate worlds crumble, organizations wonder: Do we stick to our activist guns – or do we cross the divide and work with business? Both pure and pragmatic strategies exact their costs. (Stanford Social Innovation Review)
How Bill Clinton Helped Boost CEO Pay
A law he championed backfired -- and pay packages have exploded
From the IRS to corporate boardrooms, the remedy has become the biggest inside joke in the long history of efforts to rein in executive pay. It has allowed companies to take deductions for executive pay tied to goals as vague as “individual achievement of personal commitments” and “improving “customer satisfaction.” BusinessWeek
Online: John Sidgmore, WorldCom CEO
Online interview with WorldCom CEO (Washington Post online)
Copyright Protection from Geo-Encryption?
Cyber warrior offers piracy help to Hollywood
Working with a Hollywood movie executive and an Internet entrepreneur, an old NSA hand has invented a way to keep information scrambled until it reaches a precise location, as determined by GPS satellites. (CIO Insight)
The $8 Billion Man Battles Back
Numbers are mixed, the debt is deep. It’s open season on telecoms, and many CEOs are in the water. Can this intensely competitive chief executive sink the putt? (Post-Newsweek Techway)
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