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...Chase, Citigroup, American Express, Capital One and Discover?now float about 75% of all outstanding credit-card debt, according to The Nilson Report. Consolidation allows competitors to be less competitive: from 1995 to 2005 the average late fee soared 162% from $12.83 to $33.64, according to CardTrak.com. Fees now account for 39% of issuers' revenue, up from 28% in 2000 (interest accounts for the rest), according to card advisor RK Hammer. The industry is so buoyant that transaction-giant Visa is planning an IPO this spring that could raise more than $10 billion in capital...
Kruhly said that diversity is a major consideration in creating the honorary degree class, with factors like geographic location, academic field, and gender taken into account during the selection process...
...today an all-you-can-carry buffet would suddenly give hungry undergraduates pause, reducing the astronomical amount that gets thrown away. They would also consider the relative costs of each item of food. If salads are much cheaper to produce than sandwiches, student decisions should take this into account. Whether HUDS priced food at the cost of producing it or with a margin for profit, they would almost certainly save money, which would help them deal with rising food prices and ease their putative budget woes. The quality of the food, too, would almost certainly increase. Certain meals, such...
Safe as it may be, there's another problem about cloned meat that the FDA approval hasn't taken into account: the unscientific "ick" factor. Though cattle are often reproduced artificially - using in vitro fertilization, for example - and though cloning is just another form of reproduction as far as scientists are concerned, the public is somewhat less phlegmatic about the technology. "You can't lobotomize people's brains to keep their morality from affecting their clinical understanding," said Sheila Jasanoff, a Harvard professor of science and technology studies, at a presentation about cloned meat at last weekend's American Association...
...million supporters thronged the streets of Karachi to greet her return from exile strains credibility, especially as most journalists and observers put the number at a generous 300,000. Most egregious however, is her overwrought descriptions of the terrible blast that same night. The death toll is enough; her account of watching a video of the event later and hearing the faint cry of Jeay Bhutto - "long live Bhutto" - from the wounded as they lay dying in the streets smacks of political aggrandizement...