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...that will be critical to demonstrating whether the economic disaster will get much worse. The first is that the issue of the nationalization of the banks may well be resolved. The debate about the issue has already hit a fevered pitch and if the first quarter is going to bring another series of multi-billion losses, institutions including Citigroup and Bank of America (BAC) may simply not have the balance sheet strength to remain independent. While having the government seize one or two major banks may ultimately be the key to their survival, the public may instantly suffer a huge...
...shrinking. In the fourth quarter, Amgen spent $770 million on R&D and needs to do so to both further refine and develop new drugs. The firm is not cutting back on the essentials for keeping its product mix strong simply because the economy is weak. Amgen expects to bring in $15 billion in revenue this year, about flat with 2008. Amgen has several products in trials and some show enough promise to help push new product revenue up significantly over the next two or three years. Amgen has almost $10 billion in cash and every reason to push...
...media - including some works like the Beatles' Let It Be album that have yet to be commercially released as digital files. The Pirates - and their supporters who have staged street demonstrations, Twittered the court proceedings and may have crashed the websites of their perceived enemies - insist that they simply bring users together to who have files they are willing to share. If users choose to find illegal content and trade it, the site's operators say, that's their business. Not so, say the Hollywood and music-industry heavies who brought the civil case that accompanies Sweden's criminal prosecution...
...Regulating greenhouse gases from power plants could bring a total halt to carbon-intensive electricity, since there is currently no economical way to capture and store the plants' carbon emissions. That, in turn, could lead to an escalation of costlier but low-carbon alternatives like natural gas, wind or solar by default, which critics say would put a drag on the economy. (Environmentalists - and their allies in the White House - argue that the cost of curbing carbon emissions will be more than manageable and will help push the U.S. economy to a cleaner and more sustainable future...
...after it would naturally pale in comparison. Whatever the case may be, Trail of Dead has been in a slump for the past seven years. The latest release from them, however, is a solid effort that combines elements of noise-rock and headbang-inducing guitar riffs, which may just bring Trail of Dead back into grace.“The Century of Self” attempts to capture raw musicality starting from its production process. Unlike the past two albums by Trail of Dead, the tracks were recorded live without excessive editing, and the energy and sincerity that seemed missing...