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...believe is average growth for the U.S. economy in recent years has been falling. The Congressional Budget Office recently said it expects that the U.S. economy will grow on average about 2.2% a year. That's down from a trend expectation of about 3% just a few years ago. "The economy will feel better in 2011," says Wyss. "But that doesn't mean it will feel good." (See the top 10 financial-crisis buzzwords...
Cornell reported 623 cases of probable H1N1 flu slightly over a week ago, and one Cornell student died from complications related to H1N1...
...market when it ended its first trading day 12% below its initial public offering price. The following day, an IPO by China Lilang, owner of the country's largest brand of men's clothing, also flopped, ending the day down nearly 1%. To think that less than three months ago, even lightweights like herbal shampoo manufacturer Bawang and furniture maker Hing Lee debuted with double-digit first-day gains...
...SMEs are to tap the capital markets for steady and sustainable financing, investors must be willing to support them for the long term. Unfortunately, the market's current get-rich-quick mindset cannot be changed overnight. Hong Kong, a more mature financial center, launched a GEM board 10 years ago. It has not been a notable success, with just 172 companies and total market capitalization of $11 billion - equal to 0.6% of the main board...
Quotes About: "Looking back, there can be no question that he did something awful. It was a terrible thing to do to a young girl. But it was also 25 years ago - 26 years next month. And, honestly, the publicity surrounding it was so traumatic that what he did to me seemed to pale in comparison ... I don't really have any hard feelings toward him, or any sympathy, either." - Samantha Geimer, the young woman Polanski had sex with in 1977. Los Angeles Times...