Nanotechnology: Very small Business

Technologist Eric Drexler envisioned a future in which machines far smaller than dust motes would construct everything from chairs to rocket engines, atom by atom; in which microscopic robots would heal human ills, cell by cell. Sixteen years after the publication of Drexler’s book Engines of Creation, the molecular-scale technologies most immediately available to consumers are somewhat less fantastic: stain-resistant khakis and more durable tennis balls.

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Schapiro, Bair, Warren: Female Sheriffs of Wall Street

A few weeks back, at an event to celebrate the role of women in finance, Treasury Secretary Timothy Geithner tried to get things started with a joke. He said he had recently come across a headline that asked, “What If Women Ran Wall Street?” “Now that’s an excellent question, but it’s kind of a low bar,” Geithner continued, deadpan amid rising laughter

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Libya’s Crisis: Bad News for Oil Prices, Economic Recovery

Even before its outcome is known, Libya’s uprising could leave an indelible mark on the world economy: oil prices have rocketed since Tuesday and could rise even further amid the continuing turmoil that has prompted thousands of foreign oil workers to flee. Libya’s oil output, typically 1.7 million barrels a day, has fallen by more than half since Tuesday, and its energy exports have ground to a complete halt

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Doing business in North Korea

As the chairwoman of South Korea’s Hyundai group, Jeong-eun Hyun faces business challenges few other executives can imagine. Subsidiary Hyundai Asan has led efforts to build economic ties between the North and South, so Hyun is not only managing a multinational through a recession but also through global tensions over the North’s nuclear program.

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