Word: researching
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...Kodachrome process - in which three emulsions, each sensitive to a primary color, are coated on a single film base - was the brainchild of Leopold Godowsky Jr. and Leopold Mannes, two musicians turned scientists who worked at Kodak's research facility in Rochester, N.Y. Disappointed by the poor quality of a "color" movie they saw in 1916, the two Leopolds spent years perfecting their technique, which Kodak first utilized in 1935 in 16-mm movie film. The next year, they tried out the process on film for still cameras, although the procedure was not for the hobbyist: the earliest...
...prime case in point. Netbooks are cheap, and with new, high-efficiency processors on the scene, they will likely get more powerful, and cheaper still. So while unit volume is improving for tech companies, the actual revenue they bring in continues to decline. Sales data from the market-research firm NPD shows that in the U.S., technology unit sales were up 10% in May on a year-over-year basis. However, revenues declined 11% over the same time period. "Most of the unit growth is fueled by netbooks," observed analysts at Bank of America/Merrill Lynch in a recent report. (Read...
...collateralized debt obligations convey information--they do. There's also much to be said for the insight at the heart of efficient-market theory: markets are hard to outsmart. But when we give up second-guessing the market, we suspend our judgment. And without participants' exercising judgment--applying research, heeding a broker's opinion--markets stand no chance of ever getting prices right...
...Peter L. Bernstein was 70 and had led a full life. An intelligence officer during World War II, he later taught economics, ran an investment firm and edited the wonky but influential Journal of Portfolio Management as a flood of new academic research transformed investing in the 1970s...
...Experts in South Korea, which is far more advanced, are skeptical. Targeting software development is a good way to earn foreign exchange quickly, agrees Dr. Kim Yoo Hyang, an expert on DPRK IT policy at South Korea's National Assembly research service. But she insists "it is safe to say North Korea's IT-sector development has not moved beyond its incipient stage...