Word: accounting
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...Reacting to Bezruchka's analysis, economists note several important caveats. First, mortality rates are a broad-brush health measurement and do not take into account nonfatal illnesses or fatal illnesses that take several years to develop, such as cancer. Furthermore, a study published in recent months contradicts the findings Bezruchka focuses on, suggesting that recessions are at best neutral in their impact on mortality. Writing in the Lancet in July, a team of American and British researchers said it found that the decrease in traffic deaths during recessions in Europe between 1970 and 2007 was offset by increases in suicides...
...Chinese companies can compete on new electric technology today - on cost and on performance. "When it comes to electric and hybrid cars, China is challenging the automotive industries in the Western industrial countries," writes Wolfgang Bernhart, a consultant with Roland Berger who estimates that electrics and plug-ins could account for more than half the auto market in China by 2020. "The race for electric mobility is just getting under way." (See the history of the electric...
...market in a pulp, the tables are turning. Choe's most recent rental cost him $1,500 a month. His new mortgage payment, for a same-size house, is $1,570 (after a 20% down payment). "Not a bad deal," he says - especially considering that once Choe takes into account the money he saves on taxes by deducting his mortgage interest, his new payment is actually a couple of hundred bucks a month less...
...from the property-tax rate to mortgage closing costs to the money spent on homeowner's insurance to the yearly home-price appreciation. If prices stay flat instead of going up 2% a year, it'll take nine years for buying to pay off. One thing not taken into account - which should be - is how you might invest your down payment if not in a house and what return you'd see. (See 10 financial moves to make...
...There was no plan. The Dallas medical examiner didn't want to release the body without an autopsy. The family was conflicted about whether the casket would be open or closed during the viewing, which put immense pressure on the morticians working on the body. In William Manchester's account, Jackie Kennedy, just 34 years old, told Secretary of Defense Robert McNamara she wanted it closed. "It can't be done, Jackie," he replied. "Everyone wants to see a Head of State." (See a Kennedy family album of photos...