New Zealand

How Charitable Are Americans?

America's charitable giving can be emotional, highly variable, and astonishing. Here are the facts about who gives what, and tips on how to be an effective philanthropist.

What Would You Do With a Billion Dollar Bank Error?

It's a cliche that dates back to Monopoly: A bank error in your favor. But for Parijat Saha, an Indian schoolteacher, the Community Chest card came to life in a big way when he discovered that his bank account suddenly held $9.8 billion.

E-Book Soundtracks: The Next Revolution in Reading?

New startup Booktracks is creating soundtracks for e-books with technology that tracks your reading speed and syncs the sound perfectly to the text. The company promises it will revolutionize reading, and authors like Salman Rushdie and Jay McInerney are giving it a try. But do books really need a Hollywood makeover?

Vancouver Retains Title of World's Most Liveable City

For the fifth straight year, Vancouver, British Columbia, Canada, bested 139 other cities worldwide in ratings of "relative comfort" to hold onto the right to call itself the World's 'Most Liveable' City, according to new rankings by The Economist Intelligence Unit.

Pactiv Agrees to Be Bought By Reynolds Group for $6 Billion

Packaging company Pactiv Corporation (PTV) agreed to be purchased by Reynolds Group Holdings Ltd in a deal worth about $6 billion. Pactiv shareholders will receive $33.25 in cash for each share of Pactiv common stock, a premium of about 39% over the stock%u2019s closing price on May 14, 2010, Pactiv said in a statement. The deal should be completed by the end of 2010, subject to shareholder and regulatory approval.

Hoax Press Release Targets Javelin Pharmaceuticals

News-release service Business Wire said a press release about Javelin Pharmaceuticals that it published Friday has been identified as a hoax. If you feel like you've seen this movie before, you're right. Last week, PR Newswire got fooled by a fake press release about General Mills.