Time Warner has been managed for the short term. This has damaged the company's fundamental competitive position and its prospects for growth. This approach has cost shareholders a staggering $40 billion. ↗
If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century. ↗
I always thought we had an environmental problem, but I hadn't realized how urgent it was. James Lovelock writes that by the end of this century there will be one billion people left. ↗
Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame. ↗
Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars people needed right away. ↗
Life began three and a half billion years ago, necessarily about as simple as it could be, because life arose spontaneously from the organic compounds in the primeval oceans. ↗
According to the study, approximately 16.7 million U.S. workers born in Latin America had a combined gross income of $450 billion last year, of which 93 percent was spent locally. ↗
As far as income tax payments go, sources vary in their accounts, but a range of studies find that immigrants pay between $90 billion and $140 billion in Federal, State, and local taxes. ↗