Good day, bad day
Good hygiene, buying high
GOOD DAY FOR: Good hygiene, after the United Nations issued a report saying that every $1 spent on improving sanitation in developing countries has $9 in benefits, including economic growth and lower health care expenditures. The report said that $10 billion a year would halve the number of people, estimated at 3.6 billion, with no access to sanitation by 2015. (Reuters)
BAD DAY FOR: Buying high, after billionaire Joseph Lewis, who owns 8.4 percent of Bear Stearns, said he would seek a better offer for the bank than JPMorgan’s $2 a share. Lewis paid an average of $103.89 for his shares. JPMorgan CEO Jamie Dimon reportedly offered Bear Stearns executives cash and stock incentives to stay on if the buyout is accepted by Bear Stearns shareholders, a third of whom are bank employees. (Bloomberg)
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
'Make legal immigration a more plausible option'
Instant Opinion Opinion, comment and editorials of the day
By Harold Maass, The Week US Published
-
LA-to-Las Vegas high-speed rail line breaks ground
Speed Read The railway will be ready as soon as 2028
By Peter Weber, The Week US Published
-
Israel's military intelligence chief resigns
Speed Read Maj. Gen. Aharon Haliva is the first leader to quit for failing to prevent the Hamas attack in October
By Justin Klawans, The Week US Published