Archive for October, 2007

World Bank accepts risk to aid poor nations »

The International Finance Corporation, the private sector arm of the World Bank, is willing to accept more risk and greater volatility in returns as it steps up its push into the poorest countries, IFC chief executive Lars Thunell has told the Financial Times.
In an interview, Mr Thunell said “the risks are higher, volatility is higher […]

Punish speculators, aid homeowners in mortgage crisis »

We are facing the worst housing crisis since the Great Depression. More than a million Americans are at risk of losing their homes. Families watch their life savings disappear as housing values plummet in neighborhoods with boarded-up houses headed to auction. Housing starts are down 30 percent since former Fed Chairman Alan Greenspan said the […]

Tuition rising faster than financial aid: what’s a student to do? »

My husband and I don’t yet have children, don’t know if we want any, but I am sure of one thing: college funds for these hypothetical offspring need to be opened immediately.
The College Board said this week that the yearly cost of in-state tuition for a four-year public college jumped 6.6% from the 2006-2007 school […]

What’s New: The Latest On Technology Deals From Dow Jones VentureWire »

The Big Picture
Mobile-phone manufacturers face pressure to shrink the size of cellphones while building larger screens that can display video. Light Blue Optics Ltd., a start-up in Cambridge, England, may have an answer with technology that could one day project clear and vivid images from a mobile device onto a wall or table.
Light Blue Optics […]

Riding on ‘paid search’ in contextual advertising »

Search for ‘laptop’ in the Google window, and one of the ads says, ‘Instant ICICI Bank Loan for Dell Laptops with Flexible EMI Options’. Click it and you’d land in http://campaigns.communicate2-personalloans.com. Similarly, typing ‘Reliance Money’ brings up a ‘sponsored link’ that leads to http://campaigns.communicate2-sharetrading.com, for ‘Fast & Easy access to the World of Investments’.
Enter the […]

More travellers pick self-service flight options »

Increasing numbers of air passengers are turning to self-service options when it comes to procedures such as flight check-in, a new survey has revealed.
More than a fifth of travellers flying with the airlines polled by aviation IT organisation SITA in its 2007 Airline IT Trends survey now use the internet to check-in, it was found. […]

Rudd pitches tax rebates for education »

Misha Schubert and Nassim Khadem
KEVIN Rudd has put education at the heart of his tax pitch, pledging to delay tax cuts for the wealthy to fund a rebate on computers, software and textbooks for 2.3 million school children.
Seeking to blunt the Coalition’s political advantage on the economy, the Opposition Leader backed nearly all of the […]

Rutgers content to reel in home-grown talent »

Rutgers University head football Greg Schiano compares his team’s recruiting tactics to shopping in your favorite store: If you get some nice clothes from a store, you want to keep going back.
That’s why he and his staff don’t recruit all over the nation.
On the current Rutgers 116-man roster, the majority are from New Jersey (61), […]

Australian Banking Stocks Fall on U.S. Housing; Macquarie Drops »

Australian banking stocks fell, led by Westpac banking Corp. and Macquarie Bank Ltd. after two U.S. lenders said earnings were affected by the subprime loans crisis and the Federal Reserve said the housing slump may continue.
“We got a weak lead in from the U.S. after the housing issues reemerged there,’’ said Atul Lele, who helps […]

Ex-spy takes aim in new memoir »

Four years after her CIA cover was blown in a newspaper column — allegedly at the behest of the White House — Valerie Plame, America’s “Jane Bond”, is about to get even.
On Monday her memoir will be released and the White House can expect to be in the firing line. She takes aim at staffers […]

Business education classes outlined to Hustisford board »

By Pat Hahn for the Daily Times
HUSTISFORD - The Hustis-ford School District’s business education program offers students opportunities at both elementary and high school levels, the board of education learned during their monthly meeting Monday night.
In a special presentation to the board, business education instructor Denise Tribbey outlined the business programs available at Hustisford. She […]

Air France, Delta ink transatlantic deal »

Air France and Delta Air Lines have announced the signing of an agreement to partner over certain transatlantic routes once next year’s open skies pact comes into effect.
The two airlines will shares costs and revenues under the deal, which is set to result in more options for travellers looking to fly from London to the […]

Sukhoi jets for Indian skies »

MOSCOW. (Nikita Petrov for RIA Novosti) - India has signed a contract with Russia for the licensed assembly of 40 multi-role Su-30MKI (Flanker-H) fighter jets, news agencies reported last week.
According to experts, the agreement will cost India more than $1.5 billion. It will be a follow-up to the contract concluded in 2000 to deliver 140 […]

Sukhoi jets for Indian skies »

MOSCOW. (Nikita Petrov for RIA Novosti) - India has signed a contract with Russia for the licensed assembly of 40 multi-role Su-30MKI (Flanker-H) fighter jets, news agencies reported last week.
According to experts, the agreement will cost India more than $1.5 billion. It will be a follow-up to the contract concluded in 2000 to deliver 140 […]

American Airlines’ Fares Rise on Fuel »

American Airlines raised many domestic fares by $5 each way but left prices unchanged on routes where it competes with low-cost carriers.
The Thursday night increase affected both advance-purchase tickets favored by vacationers and more costly last-minute tickets aimed at business travelers.
Tim Smith, a spokesman for the airline owned by Fort Worth-based AMR Corp., said the […]