It’s official: our minivan is a toxic asset. The “toxic” part I knew already.
Tag Archives: current
Murdoch: Web sites to charge for content
Media tycoon Rupert Murdoch expects News Corporation-owned newspaper Web sites to start charging users for access within a year in a move he says could radically shake-up the culture of freely available content. Speaking on a conference call as News Corporation announced a 47 percent slide in quarterly profits to $755 million, Murdoch said the current free access business model favored by most content providers was flawed
Prepaid wireless service could spur price war
The prepaid cell phone market has finally hit the U.S. in a big way as economically strapped consumers flock to inexpensive pay-as-you-go services. The result will likely mean that big cell phone providers may be forced to slash prices on contract service plans to keep consumers from defecting
‘High school dropout crisis’ continues in U.S., study says
Nearly 6.2 million students in the United States between the ages of 16 and 24 in 2007 dropped out of high school, fueling what a report released Tuesday called "a persistent high school dropout crisis." The total represents 16 percent of all people in the United States in that age range in 2007. Most of the dropouts were Latino or black, according to a report by the Center for Labor Market Studies at Northeastern University in Boston, Massachusetts, and the Alternative Schools Network in Chicago, Illinois. “Because of the widespread, pressing nature of the crisis and the large numbers of young people who have already dropped out, a national re-enrollment strategy should be a fundamental part of America’s national education agenda,” the report says.
Right-wing extremism may be on rise, report says
Right-wing extremist groups may be using the recession and the election of the nation’s first African-American president to recruit members, a Department of Homeland Security report contends. Though the nine-page report said it has “no specific information that domestic right-wing terrorists are currently planning acts of violence,” it said real-estate foreclosures, unemployment and tight credit “could create a fertile recruiting environment for right-wing extremists and even result in confrontations between such groups and government authorities similar to those in the past.” The report, prepared in coordination with the FBI and published April 7, was distributed to federal, state and local law enforcement officials under the title “Right-wing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment.” It compares the current climate the 1990s, “when right-wing extremism experienced a resurgence fueled largely by an economic recession, criticism about the outsourcing of jobs, and the perceived threat to U.S. power and sovereignty by other foreign powers.” It cites proposed restrictions on weapons as likely to increase membership in extremist groups and expresses concern the groups might try to recruit veterans.
Protests wipe smile from Thai tourism sector
The "Land of Smiles" is growing grim as the political maelstrom in Thailand threatens to further erode the southeast Asian nation’s battered tourism industry. Thailand has been a popular destination since its spectacular beaches were discovered four decades ago by backpacking travelers and U.S. troops on leave from Vietnam
The G-20’s Hidden Issue: A Global Trade Imbalance
No one asked President Barack Obama directly about the elephant in the room on Wednesday. But he brought it up anyway, during a joint press conference with British Prime Minister Gordon Brown
Obama, Brown: G-20 must agree tough new rules for banks
U.S.
Israel’s New Coalition Won’t Make Obama’s Job Easier
“Unsustainable.” That was President Barack Obama’s blunt assessment on Tuesday night of the current state of affairs between Israel and the Palestinians.
Law-School Grads See Promised Jobs Put On Hold
After serving as a 2008 summer associate at Philadelphia law firm Morgan, Lewis & Bockius, Harvard Law School student Juan Valdivieso was offered a position as a full-time associate and was anxiously looking forward to joining the firm later this year.