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...China and to green fields like 3-D. Industry analysts are excited by the prospects of the new display technology. More 3-D movies are being made, and makers of flat-panel TVs are developing 3-D displays. "Every kind of consumer product has the potential to start to use 3-D technology," says Moriyama, who estimates Fuji's camera could capture as much as 5% of the digicam market in the next year or two. "It's a long-term technological trend," he says. (Read "Are 3-D Movies Ready for Their Closeup...
...payment terms is this gem: if you spend $1 to get 10 credits at Facebook's virtual-gift shop--where you can buy icons of unicorns as well as of sock-draped doorknobs (the universal symbol for "Keep out, we're hooking up")--you have three years to use up your points. After that, Facebook reserves the right to go rogue by "sending virtual gifts to your Facebook friends." This is yet another reason to rethink friending your boss, lest you one day unknowingly send her a (virtual) flaming...
...Office said it had uncovered misleading marketing practices in the reverse-mortgage industry, and Missouri Senator Claire McCaskill, a longtime consumer advocate, chaired a hearing to investigate predatory lending tactics. A big no-no is cross-selling, e.g., trying to persuade a senior to get a reverse mortgage and use the funds to buy an annuity or other financial product...
...amount you can borrow is based on interest rates, your age and the value of your home. (Use the calculator at rmaarp.com for an estimate.) There are no credit or income requirements to get a reverse mortgage, but you must be able to keep up with property taxes and insurance bills--or you could lose your home. The up-front costs are high. Generally, $10,000 to $15,000 in fees are lopped off the amount you can borrow. Finally, if someone is pressuring you to take one of these loans in order to buy something else, that...
...suspect that any U.S. President would have done what John F. Kennedy did and plucked McNamara from Ford, where he was president, to be Secretary of Defense. In his early 40s, he was already an icon. He was the ultimate manager, a man who could use facts and numbers and analyses to solve any problem, even to wage wars in places we had never heard...