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.
-
Gandhi arrests: Narendra Modi's 'vendetta' against India's opposition
The Explainer Another episode threatens to spark uproar in the Indian PM's long-running battle against the country's first family
By Harriet Marsden, The Week UK
-
How the woke right gained power in the US
Under the radar The term has grown in prominence since Donald Trump returned to the White House
By Chas Newkey-Burden, The Week UK
-
Codeword: April 24, 2025
The Week's daily codeword puzzle
By The Week Staff