How Barack Obama Made His Fortune
Obama made his money from a few sources, and has it invested and stored in a few surprising -- but also easy to track -- ways.
Haiti
Could This Radical College Change the World Economy?
At EARTH University, students don't produce papers. They produce -- organically grown crops they harvest and sell -- along with other entrepreneurial agricultural products. Is this hands-on education in working the soil and changing the world a model for a better future.
Haiti's Best Hotels Thrive in the Quake's Long Aftermath
A year after Haiti's catastrophic quake, Port-au-Prince is still a ruin. But the views from high-end spots like the Hotel Oloffson are picture perfect, and with armies of aid workers still needing to bed down, business at hotels left intact is booming.
At the U.N., Preparing for the Next World Disaster
Emergency management experts say the time has come for both business and government to place disaster preparedness near the top of their economic and security agendas. But it's a tough sell.
Preview: More Rough Seas for Royal Caribbean
There's no smooth sailing for Royal Caribbean Cruises, which is expected to post a weak quarter as the recession soaks its revenues. The likely soggy fourth-quarter results will come despite cost-cutting and aggressive marketing.
Cruise Line Visit to Haiti Highlights Ugly Side of Paradise
Three days after the earthquake in Haiti, Royal Caribbean sent one of its cruise ships to Labadee, a privately owned Haitian beach. The move, which created an uncomfortable juxtaposition between starving, dying Haitians and well-fed vacationers, has caused many to question the cruise line and its relationship to its Caribbean ports of call.
Is Royal Caribbean Doing the Right Thing in Haiti?
Royal Caribbean Cruise Lines Ltd. (RCL) is taking some grief for continuing to send boats to Labadee, its private beach on the north coast of Haiti, even as the country recovers from a devastating earthquake that killed tens of thousands and left the capital city Port-au-Prince in ruins. But it's not at all clear that the cruise ship operator is doing something wrong.
Foreign Firms Were Upbeat about Haiti Before Quake
Of the many ironies of last week's earthquake in Haiti, this one is the cruelest: In the months before the disaster, international officials believed the outlook for the Western Hemisphere's poorest country was starting to improve. U.S. and South Korean firms were considering expanding operations there.
Haiti Quake: First Seismic Aftershocks, Then Economic Ones
The 6.1 aftershock in Haiti on Wednesday underscores the multitude of challenges facing the country, where the International Monetary Fund estimates that the disaster could cost much more than the $900 million in damage from 2008's hurricanes.
Corporate Charity Reaps Big Benefits
The earthquake that struck Haiti last week has resulted in an outpouring of contributions to nonprofit groups to rescue those trapped under rubble and aid survivors. Much of the money collected has come from big U.S. businesses.
Mini Marshall Plan Is Needed for a True Resurrection of Haiti
After the rescue stage is completed, Haiti will need a Marshall Plan like one implemented in Europe, post-World War II. But this time, there will need to be a large corporate presence to help make the island nation a land of opportunity and hope.
Verizon Delivers $3 Million in Subscriber Text Donations for Haiti
Verizon Wireless on Friday advanced the $2.98 million in mobile donations that its customers have made to the Red Cross. Since the earthquake hit Haiti earlier this week, mobile operators have received $10 million in donations via text messages. Typically, such donations can take up to three months to be delivered.
AP Reporter No Longer Has Haiti Beat to Himself
Jonathan Katz, who had the Haiti beat largely to himself thanks to newsroom cutbacks in international coverage, is no longer alone. Media's biggest names including Diane Sawyer and Anderson Cooper have landed since the earthquake. Katz's house here is in ruins, but he mourns for the rest of the island.
Haiti's Lack of Seismic Monitoring Complicates Rebuilding
Years before the deadly earthquake, scientists urged Haiti to install seismic monitoring stations. Because that was never done, rebuilding will be far more difficult, as the seismic information would be useful in developing the nation's building codes.
Text Messages Raise Millions for Haiti
Americans set a single day record for mobile giving Wednesday, as tens of thousands of people used their cell phones to donate $3 million to earthquake-stricken Haiti, according to Verizon Wireless.
U.S. May Face Steep Tab in Haiti Rebuilding
President Obama has offered Haiti the United States' 'full support' after the island nation suffered an epic earthquake. What he did not mention is America's generosity may come with a hefty price tag to U.S. taxpayers as the deficit mushrooms from the cost of wars in Iraq and Afghanistan.