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...while the terms of individual player contracts are confidential, Play Golf Designs is commanding impressive fees - from $2,500 to $25,000 for their golfers, depending on the size and scope of the outing. This income is particularly important in today's game, where sponsorship dollars are scarce (in fact, the LPGA has been forced to cancel several tournaments because of lackluster sponsorship support). (See pictures of the Ryder...
There is a small market in credit default swaps for U.S. debt. The fact that there is one at all should be troubling to the Treasury and the Fed. While the chances of American defaulting on any portion of its debt are small, if the recession drags on the odds that the government will have trouble raising money to finance the deficit will rise. To keep its credit rating, the American government will be faced with curtailing many of its stimulus programs or sharply raising the tax burden. Either action could slow any recovery making a burgeoning deficit a "Catch...
...media." But while Miller does his best to avoid sounding too academic (and has an ear for pulled-from-TMZ.com phrases like "insecure, praise-starved flattery-sluts"), his broad, rambling arguments read at times like a college professor's lecture notes. Worse still, his ideas don't seem particularly groundbreaking. In fact, some seem downright antiquated: Men buy Porsches to project power, women use eyeliner to look pretty, and everyone seeks attention without realizing they're going about it all wrong. But if Miller's ideas don't quite hit the mark, don't blame him. "Consumerism is hard to describe when...
...their part, the authors of the new paper clearly lean toward the idea that Ida is one of our distant ancestors. They don't claim they've proved it, though - in fact, they carefully include a disclaimer that "we are not advocating this here." Even if they were, though, and even if paleontologists all agreed on the matter, Ida could at best be considered a first step on an evolutionary pathway that took another 40 million years to reach the divergence point between chimps and our earliest hominid ancestors. (See the secrets of London's buried bones...
There has been much hand-wringing over the dangers of medical residents' grueling schedules. Doctors-in-training often forgo sleep entirely, racking up as many as 30 work hours in a single stretch. The term resident is in fact no accident, says Dr. Teryl Nuckols, an internist and assistant professor at the David Geffen School of Medicine at UCLA, who says that when she was in training 10 years ago, 36-hour shifts without rest were common. "[Residents] used to live in the hospital," Nuckols says. "They were there 24/7...