September 1, 2004Philadelphia Considers Wireless Access For AllYahoo! News: City officials believe they can turn all 135 square miles of Philadelphia into the world's largest wireless Internet hot spot. The ambitious plan, now under discussion, would involve placing thousands of small transmitters around the city -- probably...
Posted by Timothy Fredel at 10:50 PM | See the full story
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July 8, 2004The Chinese CenturyInteresting tidbits from cover story of The New York Times Magazine cover story, The Chinese Century: Because 12 percent of China's exports to the U.S. end up on Wal-Mart's shelves, and because Wal-Mart's trade with China accounts for 1 percent...
Posted by Timothy Fredel at 7:18 PM | See the full story
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June 28, 2004Real Estate Drive Coastal 'Brain Drain'Yahoo! News: Soaring property values in California have made many homeowners there rich -- and many real estate agents here delighted. In an exodus that some demographers say could reshape the American landscape, young professional families are increasingly fleeing the...
Posted by Timothy Fredel at 3:56 PM | See the full story
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June 14, 2004Blog Readers Defy StereotypesMediaDailyNews: Blog readers are just a bunch of kids with too many opinions, too little money, and too much time on their hands. Think again. According to a survey of blog readers conducted by Weblog ad network Blogads, they're older...
Posted by Jennifer King at 6:23 AM | See the full story
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June 13, 2004Microsoft's Cultural RevolutionNewsweek: But there are signs of change: from cars to couture, more Western companies are starting to crack the Chinese code. The outlook is improving for Microsoft as well, owing in part to a 180-degree shift in strategy. On several...
Posted by Timothy Fredel at 12:16 AM | See the full story
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June 12, 2004An Oil Enigma: Production Falls Even as Reserves RiseThe New York Times: ChevronTexaco is not the only big oil company whose production is falling despite rising reserves, though it has the largest gap. As consumers, economists and governments around the world wonder if oil supplies can keep pace...
Posted by Timothy Fredel at 11:20 PM | See the full story
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May 27, 2004Bagged Salads #1 In Grocery StoresThe Ledger (FL): Grocers hope to lure customers with exotic greens because they are trying to expand on the success of other bagged greens, according to research from AC Nielsen, an international market research company. Customers willing to pay more...
Posted by Timothy Fredel at 9:41 PM | See the full story
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Asian Exporters Face Shortage of Cargo Ships, ContainersVOANews.com: Business is booming for Asia's exporters. That is good news for the world economy, but companies are facing a shortage of cargo ships and containers in Asia, and logjams on the docks in the United States. A line of...
Posted by Timothy Fredel at 9:34 PM | See the full story
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May 14, 2004Terror Fears Push Oil Prices to New HighYahoo! News: Oil prices soared to a record Thursday on the New York Mercantile Exchange, crossing $41 a barrel and settling at the highest point in the 21-year-history of crude futures trading in New York. June light, sweet crude oil...
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Shaking The Timbers Of The House Of SaudBusiness Week Online: It is dawning on everyone who does business with the kingdom that the Saudi government is locked in a long, vicious struggle with Islamic militants that threatens to send wave after wave of jitters through the oil...
Posted by Bob King at 4:47 PM | See the full story
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May 13, 2004In Pacific, a Red Carpet for China's Rich TouristsThe New York Times: Within a few years, their number in Guam could match the number of Japanese tourists, Governor Camacho announced before setting off from this capital city. That would be a huge change; last year almost three-quarters of...
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May 8, 2004Teacher Pay for PerformanceThe New York Times: Under a proposal approved by teachers here and to be considered by voters next year, if Mr. Abshire's students reach the goals he sets, his salary will grow. But if his classroom becomes a mere holding...
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May 3, 2004Healthcare Cost Weigh On CaliforniaSan Jose Mercury News: From care delivered through the mammoth Medi-Cal program to grants that subsidize university research, the burden of health care is woven into nearly every page of California's $99 billion budget. Last year, the state's medical bill...
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Companies Rush to Sell Low-Carb ProductsBaltimore Sun: Take a piece of pita bread, a little tuna, some olives and capers and -- presto -- it's a low-carb "sort of Mediterranean" pizza. The impact of the Atkins diet, the South Beach diet and other low-carbohydrate eating...
Posted by Bob King at 5:07 PM | See the full story
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April 30, 2004Internet E-Commerce Poised To Remake Six Major Industries: Jewelry, Bill Payments, Telecom, Hotels, Real Estate & SoftwareBusiness Week Online: The Web is threatening to force down the prices charged by traditional players, squeeze their margins, and even put some out of business. New technology, new ways of doing business, and new approaches to cutting out the...
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April 17, 2004Now Can We Talk About Health Care?The New York Times: Twenty-first-century problems, like genetic mapping, an aging population and globalization, are combining with old problems like skyrocketing costs and skyrocketing numbers of uninsured, to overwhelm the 20th-century system we have inherited. The way we finance care...
Posted by Timothy Fredel at 9:58 PM | See the full story
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April 14, 2004California Import-Export Trade Could Triple by 2020RE: San Francisco: The Bay Area has an opportunity to shape California's physical and economic landscape for decades to come. A report published this month by Jon D. Haveman and David Hummels called "California's Global Gateways: Trends and Issues'' outlines...
Posted by Jennifer King at 11:29 AM | See the full story
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April 12, 2004London Mansion Sells for $128 MillionLocal6.com (London): An Indian steel tycoon paid $128 million for a mansion in the British capital, breaking the world record for the most expensive house purchase, according to a report. The Sunday Times said Lakshmi Mittal, named by Forbes magazine...
Posted by Bob King at 8:12 PM | See the full story
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April 8, 2004Oman's Oil Yield Long in DeclineThe New York Times : The Royal Dutch/Shell Group's oil production in Oman has been declining for years, belying the company's optimistic reports and raising doubts about a vital question in the Middle East: whether new technology can extend the...
Posted by Jennifer King at 3:05 PM | See the full story
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China Braces for Power ShortagesNew York Times: China's galloping economic growth will continue to be dogged by widespread electricity shortages this year, a Chinese energy official has said. The deputy chairman of the State Electricity Regulatory Commission, Song Mi, told a meeting of electricity...
Posted by Bob King at 9:55 AM | See the full story
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April 4, 2004Finding Happiness by Trading UpBoston.com: Consumers get emotional payoff from splurging Public-relations executive Kristin Dormeyer works hard for her extra cash, but some people might say she doesn't spend it wisely. She buys face cream that costs $50 for two ounces and splurges on...
Posted by Jennifer King at 5:34 PM | See the full story
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March 28, 2004Frequent Flyer Programs Now More EnticingIndyStar.com Gary Steiger, an avid traveler and admitted cheapskate, has been scanning come-ons for free airline travel for a long time, and he can't believe his eyes. Free air miles for opening a bank or brokerage account. Earn 10,000 miles...
Posted by Timothy Fredel at 2:50 PM | See the full story
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March 24, 2004Medicare Overseers Expect Soaring CostsNew York Times: Medicare's financial condition has significantly deteriorated, partly because of exploding health costs and partly because of the new Medicare law, the government reported on Tuesday. In its annual report to Congress, the Medicare board of trustees said...
Posted by Bob King at 9:02 AM | See the full story
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March 17, 2004Japanese Struggle To Control YenNew York Times: Japanese financial authorities are waging a battle against what they see as one of the biggest threats to the nation's economic recovery - a rising yen. And while the effort seems to be working so far, analysts...
Posted by Bob King at 2:31 PM | See the full story
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March 15, 2004China's Silicon Valley EmergesSan Jose Mercury News: Intel's plant is the largest investment in the zone, a former patch of farmland where more than 5,000 multinationals have set up shop. But just down the road, China's own Silicon Valley is emerging. In a...
Posted by Bob King at 8:36 AM | See the full story
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March 11, 2004A Profound Change in the U.S. Economy?Deleware New Journal: For months, economists have been reassuring Americans that the employment market drought would soon end. With corporate profits surging and economic indicators improving, they said, it wouldn't be long before there was a downpour of jobs. After...
Posted by Timothy Fredel at 2:18 PM | See the full story
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March 9, 2004Lingering Job Insecurity of Silicon ValleyNew York Times: For computer scientists and engineers, the 1990's were close to paradise - until the technology boom collapsed. But even as business has started to pick up again, the job market they operate in has become the toughest...
Posted by Timothy Fredel at 7:11 PM | See the full story
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Healthcare Technology: Saves Lives, Busts BudgetsForbes: The cost of saving lives from heart disease just went through the roof. At a meeting of cardiologists, doctors today presented results of a giant, 2,500-person government study showing that heart failure patients implanted with pricey cardiac defibrillators were...
Posted by Bob King at 11:04 AM | See the full story
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March 8, 2004The Growing Influence of Hispanics in U.S.Business Week: It amounts to no less than a shift in the nation's center of gravity. Hispanics made up half of all new workers in the past decade, a trend that will lift them from roughly 12% of the workforce...
Posted by Bob King at 11:55 AM | See the full story
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Saudis Strike Gas Deal With China, RussiaEnergy companies from China and Russia will be the first foreign businesses to explore Saudi natural gas reserves in more than three decades.
Posted by Bob King at 9:11 AM | See the full story
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Indian Outsourcers Move Up Value ChainInfoWorld: Although some American executives have begun to express reservations about offshore outsourcing, confidence abounds here as Indian technology leaders see burgeoning demand for increasingly sophisticated services. "It's unlikely that anything can go wrong for the Indian outsourcing industry," said...
Posted by Timothy Fredel at 7:15 AM | See the full story
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March 4, 2004Obese Women Earn 30% LessIndiana Printing & Publishing: Being fat may hurt your income - if you're a highly educated woman. So says research from Finland that suggests weight is a pay barrier for certain women, but not for men. Obese women who are...
Posted by Bob King at 8:59 AM | See the full story
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March 2, 2004China Poses Big Economic ChallengeNew York Times: The welcome that China is offering to multinational companies and foreign investment has left many Western business executives, so critical of a closed Japan more than a decade ago, enthusiastically embracing China, its cheap work force and...
Posted by Bob King at 8:39 AM | See the full story
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February 28, 2004Amory Lovins: Demand For Oil To TumbleNew York Times: Today's oil industry reminds Amory B. Lovins of the whaling industry of the 19th century. "When oil was discovered, the whalers ran out of markets before they ran out of whales," Mr. Lovins said. These days, opportunities...
Posted by Timothy Fredel at 1:12 PM | See the full story
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February 27, 2004Technology Jobs Moving To AsiaYahoo! News: Technology companies are seeing a rebound in business, but top executives this week said any jobs added to meet growing demand will likely be in countries where labor is cheaper than the United States. Executives speaking at the...
Posted by Timothy Fredel at 12:39 PM | See the full story
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February 24, 2004China Now Driving Japanese ExportsThe Herald (UK): The latest upturn in Japan's economic fortunes is once more export led, despite a currency that is 10% stronger today than it was a year ago. However, the primary driver behind today's soaring demand for Japanese goods...
Posted by Bob King at 2:17 PM | See the full story
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February 23, 2004Saudi Arabia Struggling To Meet Oil DemandNew York Times: When visitors tour the headquarters of Saudi Arabia's oil empire -- a sleek glass building rising from the desert in Dhahran near the Persian Gulf -- they are reminded of its mission in a film projected on...
Posted by Timothy Fredel at 10:05 PM | See the full story
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Outsourcing Jobs To India: Meet The ZippiesNew York Times (Op-Ed): "The Zippies Are Here," declared the Indian weekly magazine Outlook. Zippies are this huge cohort of Indian youth who are the first to come of age since India shifted away from socialism and dived headfirst into...
Posted by Timothy Fredel at 9:03 AM | See the full story
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February 22, 2004The Pentagon's Weather NightmareFortune.com by David Stipp : The climate could change radically, and fast. That would be the mother of all national security issues. Scientists generally refuse to say much about that, citing a data deficit. But recently, renowned Department of Defense...
Posted by Timothy Fredel at 10:51 PM | See the full story
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February 18, 2004China Lifts Japanese EconomyNew York Times: The Japanese economy grew at a robust 7 percent annual pace in the fourth quarter of 2003, the Cabinet Office reported. After weakness early in the year, the strong showing last quarter by Japan, the world's second-largest...
Posted by Bob King at 10:23 AM | See the full story
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February 16, 2004China Rethinks The Peg Tying Yuan and DollarWSJ.com (registration required): Pressures building within China's hard-charging economy are driving Beijing to re-examine the Chinese currency's iron-like tether to the U.S. dollar, with a loosening looking more and more like a matter of when, not if. The U.S., the...
Posted by Bob King at 12:41 PM | See the full story
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Russia's Health Care System Is CrumblingWall Street Journal (registraton required): The dire state of Russia's public-health system has helped create what President Vladimir Putin calls a national emergency: Every year nearly a million more Russians die than are born. Even with surging immigration, mostly from...
Posted by Timothy Fredel at 12:21 PM | See the full story
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February 15, 2004Explosive PC Growth in ChinaXinhuane (China): After a year of explosive growth in China, the world's number two personal computer maker Dell Inc. said Friday it hoped to triple its overall growth rate this year. The company may even be able to push its...
Posted by Timothy Fredel at 10:47 PM | See the full story
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Insurers Push Doctors to Drop Older PatientsBeacon Journal: The insurance industry argues that rates are set to cover the cost of doing business. And in the case of nursing homes, the industry says that cost is increasing because of a rising number of lawsuits. Frank O'Neil,...
Posted by Timothy Fredel at 10:31 PM | See the full story
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February 12, 2004Information Technology May Have Cured Low Service-Sector ProductivityNew York Times: But the recent evidence compiled by Mr. Triplett and Mr. Bosworth shows that information technology may just be the cure for Baumol's disease. They found that from 1995 to 2001, labor productivity in services grew at a...
Posted by Bob King at 9:26 AM | See the full story
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February 8, 2004Europe Left Behind As U.S. Focuses on ChinaGuardian Unlimited (UK): The reason for the masterly inactivity has nothing to do with the increased strength of the financial markets vis-āvis central banks since the mid-1980s, and everything to do with the changing balance of power within the G7....
Posted by Bob King at 8:21 PM | See the full story
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Upwardly Mobile IndiaReuters: Dinkar Marla is just thirtysomething but he already has everything his father still dreams about: a house of his own, a snazzy car and a state-of-the art laptop. Though part of a very small slice of India, the upwardly...
Posted by Bob King at 7:07 PM | See the full story
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February 6, 2004Productivity Slows to 2.7%New York Times: "We saw companies finally needing to increase the number of hours worked after cutting hours and workers through the prior three years," said Lynn Reaser, chief economist at Banc of America Investment Services in St. Louis. "This...
Posted by Bob King at 9:51 AM | See the full story
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February 3, 2004Boomers Bust BudgetSan Francisco Chornicle: It's not so much the gaping $521 billion federal budget deficit forecast for 2004 by the Bush administration Monday that's got economists fretting about the nation's fiscal future. Nor is it the $2.4 trillion shortfall projected by...
Posted by Timothy Fredel at 10:05 PM | See the full story
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Do Deficits Matter?CNN: In 2004, the U.S. federal budget deficit will likely be the biggest in history, with more big deficits in store for years to come. But should we care? Some economists say we shouldn't, that they've never hurt the economy...
Posted by Timothy Fredel at 9:34 PM | See the full story
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