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Why Two-Meter Billionaire Prokhorov Says He's Only NBA Owner Who Can Dunk Mikhail Prokhorov steps off his
Gulfstream V into the swirling snow and subzero temperatures of
Krasnoyarsk, Siberia, where he’s come to visit his gold mine.
Though it’s almost midnight, Prokhorov has no interest in
retiring to his hotel room. Instead, he’s whisked away in a
police-escorted Mercedes to the local gym, where he puts in two
hours running on a treadmill and lifting weights, Bloomberg
Markets reports in its May issue.
U.S.-Bound Boxes Pile Up at Asian Ports as Ship Lines Avoid Adding Vessels South Korea’s biggest port,
overwhelmed with empty containers a year ago, is now dealing
with shipping lines that have more cargo than they can carry.
Cash Remedy Preventing Lehman-Like Run Lacking From Congressional Reforms In 2,615 pages of financial reform
legislation introduced in the U.S. Congress, there are no rules
to ensure that banks keep enough cash-like assets when credit
disappears.
American Shoppers Emerging With Best Buy's Sales Signaling Retail Revival Companies from Saks Inc. to Best
Buy Co. are growing more confident that the recent revival of
consumer spending is more than just a blip.
Halliburton Hunts for Bacteria Killer to Stave Off Crackdown on Shale Gas Halliburton Co. and Schlumberger
Ltd., trying to forestall a regulatory crackdown that would cut
natural-gas drilling, are developing ways to eliminate the need
for chemicals that may taint water supplies near wells.
AIG Increases Concentration of Storm Risk With Sale of Life Insurer Units American International Group Inc.,
the insurer that stayed profitable through the Sept. 11 attacks
and Hurricane Katrina, may be more exposed to disasters after
divesting life insurance units to repay its government bailout.
JPMorgan, Lehman, UBS Named as Conspirators in U.S. Muni Bid-Rigging Case JPMorgan Chase & Co., Lehman
Brothers Holdings Inc. and UBS AG were among more than a dozen
Wall Street firms involved in a conspiracy to pay below-market
interest rates to U.S. state and local governments on
investments, according to documents filed in a U.S. Justice
Department criminal antitrust case.
New York Helicopter Commute for $200 a Day Signals Revival on Wall Street Liberty Helicopters Inc. is
offering to fly weary commuters from New Jersey to Manhattan for
about $200 a day, saving them 14 hours in traffic a week and
signaling that Wall Street may have seen the worst of the
recession.
Buffett Backs Toys Gone `Green' as Parents Sniff Out Plastic at Wal-Mart When Norma Ramos went to the Wal-
Mart in North Bergen, New Jersey, last week to shop for her
son’s birthday party, she passed over the plastic toys in favor
of wooden ones with minimal paint.
Anheuser-Busch InBev Pits Madonna Against Paris Hilton in Marketing Blitz Anheuser-Busch InBev NV hosted
Madonna and Pussycat Doll Nicole Scherzinger in its Brahma Box
and plastered Rio de Janeiro’s streets with billboards during
last month’s Carnival as part of an advertising blitz.
Fortescue Returns Crushing Rio Tinto in Outback Where China Finds Its Ore Zeljko Zaic, a leathery-skinned
surveyor at a Chinese-backed mining company, stands atop a sun-
scorched ridge in the Australian Outback and kicks a lump of red
iron ore lying on the trail.
CGI's Roach Hunting for Financial Services, Government Deals as Cash Grows CGI Group Inc., Canada’s biggest
computer-services provider, is hunting for deals to beef up its
financial services and government units as the company’s
available cash pile grows to $1.7 billion.
Goldman Sachs Is Lured to Warsaw by $10 Billion of Government Asset Sales New York. London. Warsaw?
Recalls Triple as Electronics Run Cars, Catching Regulators `Unprepared' U.S. vehicle recalls related to
electronic systems have tripled and investigations quadrupled in
the past 30 years following a surge in the use of computers to
control functions such as acceleration.
`Worthless' Home Syndrome Targeted as Japan Encourages Owners to Renovate Japan’s government, faced with more
houses than households, is encouraging people to renovate their
homes as a step toward creating a strong resale market.
Brenntag IPO Raises $1 Billion in Germany's Second-Biggest 2010 Offering Brenntag AG, the chemicals
distributor owned by BC Partners Ltd., raised 747.5 million
euros ($1 billion) in Germany’s second-biggest initial public
offering since 2007.
Zimbabwe's Stocks Post Longest Rally This Year on Review of Ownership Law Zimbabwe shares posted their
longest 2010 rally as the government reviews forcing companies
to transfer ownership to black citizens. Exotix USA Inc. and
Kingdom Stock Brokers Ltd. said further gains may be limited.
Farmers Sickened as India Pumps Chemical Banned in West to Meet Crop Needs Seven-year-old Yeshaswini Gowda
lies on the floor of her home in southern India unable to talk
or walk. Her mother blames the severe disability on endosulfan,
an insecticide banned in 60 countries.
Health Law's Biggest Surprise Is Page 1,617 Demanding What Drugs Work Best Page 1,617 of the 2,400-page law
signed by President Barack Obama this week -- the most sweeping
change to U.S. health-care in 45 years -- sparked little of the
debate surrounding the expansion of coverage to 32 million
Americans or its tax on employees’ “Cadillac” insurance plans.