Apple CEO Tim Cook is turning down a payout worth approximately $75 million. Cook is requesting that he not receive new stock dividends, after receiving just shy of $400 million in compensation last year. One writer chalks it up to classiness.
The controversial government bailout of the huge global insurer, AIG, during the worst days of the financial crisis in 2008, will yield billions of profit for the US treasury and taxpayer. The treasury department announced Tuesday that it will sell 234 million shares in American International Group (AIG), bringing the estimated profit on the original AIG TARP assistance to $22.7 billion.
Barclays boss Antony Jenkins has notified the bank's 140,000 employees of a new code of conduct. Even bonuses for 2012 will be assessed against the new Purpose and Values criteria.
By big city standards, Peter Breiter, 41, is an unusual banker. He left a bigger bank, where it was all sell, sell, sell, to settle in the tiny southern German village of Gammesfeld and write transaction slips by hand for its 500 inhabitants.
All my favorite romantic comedy films have two things in common, a happy ending and encouragement for those of us who may find it difficult to figure out who really is their proper soul mate. Here are 13 films that inspire us to find -- or appreciate -- our true love.
With its 13th major film in production, Pixar is, at last, turning to a female character to play the sole protagonist. And, like Disney's Mulan, she will turn out to be an inspiration, despite her sassy ways and nonchalance for the breaking of out-dated rules (which rains turmoil down on her kingdom).
An Australian designer from Swinburne University of Technology in Melbourne is the winner of the 2011 James Dyson award for his Airdrop – a low-cost, low-maintenance tecnology for farming in arid areas. Dyson, an Inventor and entrepreneur, said Edward Linacre's invention shows how simple, natural principles such as the condensation of water can be applied to good effect through skilled design and robust engineering.
Some US farmers are considering returning to conventional seed after increased pest resistance and crop failures meant genetically modified (GM) crops saw smaller yields globally than their non-GM counterparts.
Farmers, like Earl and Clarisse Snell of Alabama, can still grow summer squash and tomatoes as if it were summer, thanks to their new high tunnel built with financial assistance from the US government. Also called hoop houses, seasonal high tunnels look a lot like greenhouses but require no artificial energy source—all they need is natural daylight. With their natural pest controlled environment, farmers across the country are now able to sell organic, locally grown produce throughout the year in states as cold as Minnesota, Wisconsin and even Alaska.
An Australian designer from Swinburne University of Technology in Melbourne is the winner of the 2011 James Dyson award for his Airdrop – a low-cost, low-maintenance tecnology for farming in arid areas. Dyson, an Inventor and entrepreneur, said Edward Linacre's invention shows how simple, natural principles can be applied to good effect through skilled design and robust engineering.
The folks at Edgar's Mission rescued little Soda Pop and rehabilitated her by helping the lamb learn to walk again using a tote bag.
The number of U.S. parents undertaking HIV adoptions is surging - from a trickle just five years ago. Most involve orphans from foreign countries, where they faced stigma, neglect and the risk of early death.
Over the past 12 years, the world has made stunning progress toward the goal of having more children attend primary school. In sub-Saharan Africa, enrollment in primary school is up 18 percent; and globally, the number of young children not attending school has been cut by 35 percent -- a huge achievement.
Parenting is a very complex task. If we're not careful, we will become too focused on one aspect and let the others fall by the wayside. Many times, I see parents who are intently focused on discipline, getting very caught up in it, and losing sight of the bigger picture.
As superstorm Sandy slammed into New York City Monday night, more than 10 feet of water flooded seven buildings of the NYU Medical Center. The facility lost power at the height of the storm and 20 newborn babies clinging to life from the neonatal intensive care unit needed to be carried down nine flights in dark stairways to waiting ambulances by heroic nurses and hospital staff using battery-operated life-saving equipment.
Manufacturing grew in April at the strongest rate in 10 months, easing concerns the economy had lost momentum at the start of the second quarter.
On a remote lake in Madagascar, a fateful discovery of 22 ducks belonging to a variety thought to be extinct, inspired a group of conservationists to mobilize a last ditch effort to save the species, which had been previously been written off. This week, as the Madagascar pochard's only remaining wild population hangs on with just 22 adult birds surviving, the captive breeding program started in 2009 celebrated a huge success with the birth of 18 new babies.
Volunteers from across the country are rebuilding oyster reefs along the Gulf of Mexico shoreline, hoping to revive oyster beds weakened by the BP oil spill and decades of overharvesting and human encroachment.
An architect who uses recycled building materials from historic buildings torn down to make way for China's megacities has won architecture's most prestigious international award, the 2012 Pritzker Architecture Prize. For myself, being an artisan or a craftsman, is being an amateur or almost the same thing, Wang Shu, 48, said in a press release, using the word in its true meaning as one who does something for love rather than money or professional accolades.
With the sluggish British economy, it's never been more difficult for young people to get a job. In fact for many graduates and teens, finding their way into employment can often feel like an impossible challenge rather than a right of passage. Despite research that suggests a 21% unemployment rate for this age group, there are still many ambitious young people who are creatively making their way in the world. Their persistence, initiative and success in times of such economic difficultly are doubly inspiring. Here are some of the top young entrepreneurs to look out for this year and the dynamic, forward thinking companies that have seen them make their fortune.
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