Impending Corporate Credit Crisis
By Mohan
The Markit iTraxx Crossover index broke through the 1000bp barrier and kept on going. Its investment grade sibling surpassed an equally important barrier. The Markit iTraxx Europe index widened beyond 200bp and is now trading around ...
US Economy Heads for Deep, Long Recession as Job Losses Mount
Bloomberg - USA
6 (Bloomberg) -- The US economy may be headed for its deepest and longest recession since World War II as mounting job losses take their toll on consumer ...
Lost: 1.9 million jobs
CNN - USA
The number of jobs lost in the current USA recession, which began in December 2007, surpasses the 1.6 million jobs lost in the 2001 recession. ...
Intel Hopes to Bring Free Energy to Mobile Devices
PC World
Intel on Friday said it is researching technology to harvest free energy from the environment, which could lead to devices such as mobile phones running for indefinite periods without recharging
Dummy target hit in missile defense test
Los Angeles Times - CA,USA
Military officials said the test showed for the first time that various radars and defense systems could be used together. However, the success of the test ...
Sony Unveils Another World First: The BRAVIA-drome
MarketWatch - USA
... six weeks for the BRAVIA-drome to be built in full for the first time -- Weighing in at ten tons, it is believed to be the biggest zoetrope ever built. ...
Oil Set for Biggest Weekly Drop Since March 2003 on Demand Slip (well we told you so, 6 months ago)
Bloomberg - USA
The economies of the US, Japan and Europe are all in recession for the first time since World War II. The European Central Bank yesterday cut its benchmark ...
Analysis: A new president but old problems for Gates
CNN - USA
In reality, Gates will be facing numerous budget cuts in defense spending as the belt tightens for the Pentagon for the first time in eight years. ...
Windows market share dives below 90% for first time
Computerworld - Framingham,MA,USA
... in two of the past three months and sending the operating system's share under 90% for the first time, an Internet measurement company reported today. ...
What was George Bush told behind closed doors?
By Bo Kindstrand
“You never really run out of oil,” says a Houston energy consultant named Henry Groppe. “But many years ago we ran out of $2 a barrel oil, then we ran out of $25 oil, and now we’re running out of $40 oil.” That’s for sure. ...
US cancer rate declines for the first time
Los Angeles Times - CA,USA
By Thomas H. Maugh II For the first time since the government began compiling records, the rate of cancer has begun to decline, marking a tipping point in ...
Walter Derzko
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