News to know: Globalization, randomness, iPhone, robots and more…

Notable headlines:
The subprime mortgage meltdown has triggered a global investment tsunami, with foreign governments and equity firms rushing to bail out U.S. financial institutions. Singapore-based Temasek Holdings Pte. Ltd. acquired $4.4 billion in Merrill Lynch stock and took an option to buy an additional $600 million in stock by March 2008. The China Investment […]