News that a Florida legislator wants to bring back the banned activity of "dwarf tossing" has people shaking their heads, and wondering why in the world you would want to do something like that. Of course, they're also curious as to whether he'll succeed.
Fake products permeate nearly every corner of China's economy. Earlier this year, the trend seemed to reach a new low when phony Apple stores were exposed in southwestern China.
Each fall, the fakery even extends to the world of seafood and East China's Yangcheng Lake, which is just a short train ride from Shanghai. Yangcheng is home to what are reputed to be China's tastiest and most expensive hairy crabs.
Swedish poet Tomas Transtromer is this year's winner of the Nobel Prize in literature. Transtromer has been mentioned as a candidate for the award for years. His work often walks a line between concrete reality and dreams — he's worked as a psychologist and social worker in addition to his writing.
I went looking for a bubble the other day. I'd heard that prices for American farmland were spiking – up thirty percent over the past year, and double what people were paying five or six years ago. It sounded like irrational exuberance.
I flew to Iowa, drove to the town of Colo, an hour north of Des Moines, and dropped in on a land auction. It was a great scene: A hushed crowd of farmers, an auctioneer with a voice made for opera, and a climactic duel between rival bidders, one of whom raised the price with a wink, the other with a slight nod.
The International Olympic Committee says it will fight a court's decision that overturns its rule barring athletes suspended for doping from the next Olympics. The rule, which applied to anyone suspended for more than six months, was challenged by U.S. sprinter LaShawn Merritt, with the support of the U.S. Olympic Committee.
In the late 1970s, recently out of Harvard Business School, Mitt Romney went to work for the Boston consulting firm Bain & Co. He was successful, but he says his dream was always to run his own business.
In 1984, he got the chance.
The firm's founder asked Romney to start an investment fund called Bain Capital. The company would put money into small or struggling businesses, help them grow, and then Bain would cash out.