Word: lowes
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...China's GDP has to stop falling and hold at a level of 6% growth. If it drops well below that, it means that demand for inexpensive manufactured goods in the U.S., U.K., and E.U. has dried up completely. If China economic expansion holds, even at levels that are low compared to the last decade, there is a sign that economic activity in the West still has a pulse...
...Japan's Nikkei fell to a near 26-year low before rebounding and closing down just 0.7% on Tuesday. Hong Kong's Hang Seng retreated 2.3% and Shanghai's main index dropped 1.1%. Seoul's KOSPI, however, finished up 0.7%, with Taiwan's index also slightly higher. (See pictures of the global financial crisis...
Both companies are running low on the money they need to operate. GM ended the year with $14 billion, about what it needs to keep the lights on. Chrysler was forecasting that it would start March with just $2.4 billion. Without a boost from the government, GM and Chrysler could each be forced into bankruptcy or liquidation by the time the crocuses bloom...
...tube will sentence a baby to remedial classes for the rest of his life? "What I tell parents is 'Ask yourself why you're having your baby watch TV,' " says Christakis. "If you absolutely need a break to take a shower or make dinner, then the risks are quite low. But if you are doing it because you think it's actually good for your child's brain, then you need to rethink that, because there is no evidence of benefit and certainly a risk of harm at high viewing levels...
...residents remained to debate plans for development in the Silver Maple Forest in neighboring Belmont, what residents referred to as one of the few remaining open spaces in an urban environment. The plans would sanction the construction of a 40B residential housing complex, intended to provide “low or moderate income” housing. Residents at the meeting said that the affected communities—Belmont, Arlington, and Cambridge—might see more harm than good come of the proposed development. They cited potential environmental and public health concerns as reasons for the Council to pass...