And the DC/Wall Street revolving door for members of the money party continues: If you missed the announcement late last week that Goldman Sachs hired former Republican Sen. Judd Gregg to be an international advisor, don't blame yourself. It came out Friday when most people were thinking more about the long holiday weekend ahead than [...] Speaking during the D9 conference in California on Thursday, Adobe's CEO, Shantanu Narayen said that his company's feud with Apple, which was a result of Cupertino's decision to omit support for Flash in its products, has come to an end. "Yes, the argument is over from our point of view," Narayen said. "We are so excited about opportunities we have. We're focused on that." He added that Adobe welcomes, and is contributing to, the new HTML5 standard. Apple's argument, which has been backed by many developers, is that HTML5 is more efficient than Flash — particularly when it comes to battery consumption — for presenting and viewing streaming video and other multimedia content. "At the end of the day, where Private equity firm Gores Group is in talks to buy more than half of bankrupt bookseller Borders Group Inc's (BGPIQ.PK) remaining stores, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Hon Hai, which uses the trade name Foxconn, has resumed operations at the Chengdu, China, plant that produces Apple iPads two weeks after an explosion killed three workers and injured 15. The Wall Street Journal reported that Hon Hai spokesman Louis Woo said that company has made improvements in its workshops to address buildup of aluminum dust in the air vents. This dust is believed to have ignited and caused the explosion. Woo did not elaborate on what improvements had been made but told the Journal that the plant has reviewed the areas where the dust is created as a by- product and that the new measures "are a direct response to our efforts to ensure that we are applying the highest possible safety practices." Read full article >> On Wednesday hackers based in China broke into hundreds of Gmail accounts, including those of journalists, Chinese political activists, U.S. government officials, and government employees from South Korea. Given the aforementioned targets and recent revelations that China has a branch of its military focused on cyber activities, it may seem like China's government had a role in the attack. On Thursday, however, China denied any involvement in the the breach, according to The Wall Street Journal. Hong Lei, a spokesman for the Chinese government, said that the accusations were "unacceptable" and that any allegation suggesting that "the Chinese government supports hacking activity is entirely a fabrication." Read Barclays is considering moving its global headquarters from London to New York due to the threat of higher capital requirements in the UK, the Wall Street Journal reported. The Global Business Travel Association (GBTA) and the Wall Street Journal have launched the second annual 2011 Business Traveler Innovation Awards aimed at honoring innovative ideas, products and services that make life... **Intelligent Speculator submits: ** Last week I read a very interesting piece on the _Wall Street Journa_l website about Google's (GOOG) valuation, as the author made an interesting argument. That Google should not be considered as a technology company but rather as a media company. Why? One of the main arguments was that Google's revenues are almost only driven by advertising, like most media companies. I would not agree with this conclusion, but let's assume that the author is right. When doing that, author Martin Peers argues that Google is very, very cheap. Why? It is trading at a 15.5 P/E ratio while CBS trades at 16.8, with Walt Disney (DIS) at 16.4 and News Corp (NWS) at 15.8. It's an interesting line of thought and from that point of view, I can see how he would conclude that Google is cheap. **If Google is a media company, its valuation makes no sense** How Complete Story » I come from the era of the TV commercial that touted, "Kix are for kids." It was the first thing I thought of when I found an article at the Wall Street Journal from Jaime Levy Pessin about using 529 college-savings plans for yourself, not just your kids. Pessin says that these "tax-advantaged investment vehicles" (That made me smile, too. Read tax-free savings.), while still rare, are entirely acceptable, and smart. You can use the money at any postsecondary institution that accepts federal financial aid. "So if Dad wants to perfect his coq au vin at the French Cuisine Boot Camp offered by the Culinary Institute of America--an institution that meets the criteria--it may be worth consulting with a tax adviser to see if the $2,095 tuition could be pulled out of a 529 fund," Pessin writes. Thinking about going back to school, get your 529 on. (It just sounded kind of cool.) Related: * Should You Go Back to School? * 10 Facts About Financial Aid * Education Helps Prevent Alzheimer's 529 College-Savings Plan Not Just for Kids originally appeared on About.com Continuing Education on Monday, April 4th, 2011 at 08:22:38. Permalink | ... Far too many of us _think_ we can get by on less than 6 hours of sleep, but there are a very few "Short Sleepers" who really can. The Wall Street Journal explains the uncommon mania-like condition. [WSJ via @rosa] More » **Declining Debt** According to a Wall Street Journal article, households have eliminated $658 billion in consumer debt. Tuesday, April 05, 2011 A new NBC News/Wall Street Journal poll puts real estate mogul Donald Trump in second place among the GOP presidential field, just behind former Massachusetts Gov. Mitt Romney and tied with former Arkansas Gov. Mike Huckabee Premium channels with original content are planned for YouTube as part of a site redesign, The Wall Street Journal reports. Going private will lead to students buying places through privilege instead of merit Simon Jenkins highlighted the "absurdity of the coalition's so-called fees policy", but then argued that the only sensible way for British universities to oppose government plans is to go private (Our universities must now declare their independence, 30 March). Jenkins, who believes that Oxford University should "make the first move" towards such a privatised system, thinks that private universities would have the benefit of being able to "organise and fund their own scholarships" for poorer students. As an Oxford lecturer in medicine, I believe such a course of action would be disastrous for both teaching and research in British universities. Jenkins's model is essentially that of the US Ivy League, which includes Harvard and Yale. At such universities huge fees, averaging £28,000 a year, and donations by wealthy individuals bankroll a substantial number of scholarships for poorer students. This might seem an attractive system in that rich students pay huge sums because they can afford to do so, and poorer students can still get an education at some of the greatest universities in the world. Yet in his book The Price of Admission, Daniel Golden of ... share: digg facebook twitter The difficulties have been worsened by the 2007-2009 financial crisis. Since the housing and financial markets began to collapse, about 39% of all Americans have been foreclosed upon, unemployed, underwater on a mortgage or behind more than two months on a mortgage, says Michael Hurd, director of the Rand Corporation's Center for the Study of Aging. The United States has halted a record aid deal for Yemen amid growing unrest, marking a sharp about-face in US policy toward the anti-terror ally, The Wall Street Journal reported on Friday. The latest NBC News/Wall Street Journal poll measures how Americans are feeling about the President, Congress and our turbulent world. (Nightly News)
Key Words: wall street journal
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