Field's implementation could provide economic boost Austin American Statesman | SAN FRANCISCO — Our economy sure could use the Next Big Thing. Something on the scale of railroads, automobiles or the Internet — the kind of breakthrough that emerges every so often and builds industries, generates jobs and mints fortunes. | Silicon Valley investors are pointing to so...
Can microfinance help end poverty? Money Week | The inventor of microfinance – giving small, cheap loans to the poor – won a Nobel Prize. Now, the idea's gone global. But is it just a new debt bubble in the making? Simon Wilson reports. What is microfinance? | It's a way of lending tiny amounts – typically up to a few hundred dollars, but...
Switzerland Limits Bank Compensation, but Not Too Harshly The New York Times | Switzerland announced watered-down measures to limit bank compensation Wednesday, imposing no caps on bonuses and excluding all but the country's biggest financial services companies from mandatory compliance. | The announcement signified a victory...
China Data Show Economic Rebound Picking Up Steam The New York Times | HONG KONG - Strong data from China released Wednesday, especially in factory output and retail sales, underscored the speed of the giant economy's rebound, thanks to extensive government stimulus measures that have put the economy on track to grow ...
In Charity Tax Filing, a Glimpse of Goldman The New York Times | The latest tax filing for Goldman Sachs's foundation is as thick as a phone book. The list of trades is more than 200 pages, single spaced. Goldman, it seems, invests like no other, even for its own charity. | "I have never seen anything like it," ...
Possible Property Bubble Has Singapore Officials Worried The New York Times | SINGAPORE - The Singapore central bank warned Monday that more measures could be needed to curb the risk of speculation in the country's property market, which has been bolstered by low borrowing costs. | The comments underscored a growing concern ...
Consider It an Investment Wall Street Journal By SHELLY BANJO | With fewer resources to go around, philanthropists are using a host of methods to stretch their charitable dollars. The Journal Report | See the complete Philanthropy report. | Instead of simply giving money away to a cause, groups ...
News Erupts, and So Does a Web Debut The New York Times | On Thursday afternoon, when word came about the shootings that left 13 people dead at Fort Hood, just up the road from Austin, it seemed like a made-to-order test for The Texas Tribune, a brand new 12-person Web-based newsroom. | They scrambled the...
Electronic Arts reports 2nd-quarter net loss, plans to cut 1,500 jobs, or 17 percent Hartford Courant NEW YORK (AP) — plans to cut its work force by 17 percent as it tries to align its business with a transforming video game industry. | The company announced the layoffs of 1,500 people just hours after it said it is paying at least $275 million to buy Playfish Inc., a maker of social online games popular on , and the . The layoffs are expecte...
Lauren Bacall, Roger Corman to get early Oscars The Examiner Comments LOS ANGELES (Map, News) - The Academy Awards won't be presented until March, but the first Oscar statuettes of the season are set to be handed out Saturday night at a private, black-tie dinner in Hollywood. | The Academy of Motion Picture Arts and Sciences is breaking with tradition and presenting its honorary Oscars away from the televise...
