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Word: chunking (lookup in dictionary) (lookup stats)
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...stimulus package should offer some relief to desperate districts; the House and Senate are haggling over versions that include at least $80 billion for education programs, a significant bump up from the Education Department's $59 billion discretionary budget for fiscal 2008. But there's a catch: a big chunk of the stimulus money that is designed to prevent massive teacher layoffs will be awarded only to states that spend at least as much on education as they did in 2006 - a tall order given that a minimum of 42 states are facing significant budget gaps. At least 20 states...

Author: /time Magazine | Title: Making Reading, Writing and Recession Work Together | 2/12/2009 | See Source »

...HBOS and RBS forced the British government into a $55 billion bailout in October, saddling it with more than a trillion pounds (roughly $1.4 trillion) in liabilities. In a jam-packed committee room, the former bankers picked over their biggest mistakes. Shelling out some $15 billion for a chunk of rival Dutch lender ABN Amro in mid-2007 - when all the signs were pointing to a testing time for banks - was "a big mistake," Tom McKillop, RBS's former chairman, told the committee...

Author: /time Magazine | Title: Britain's Bankers Say Sorry — Again and Again | 2/10/2009 | See Source »

...geekspeak, AIR is an application runtime - a small chunk of code you download for free that then becomes a platform upon which other applications can run. AIR is compatible with any Windows, Macintosh or Linux computer and has been downloaded 100 million times. "We're aiming for a consistent experience across all devices," says Lynch, touching the screen to launch an International Herald Tribune app. It looks identical to but somehow better than the paper version of that newspaper. It feels alive. "You can do anything you want with AIR. It's totally expressive," he says, with a gentle...

Author: /time Magazine | Title: The Race for a Better Read | 2/5/2009 | See Source »

...Houston citizens had committed money to this drill site. Cullen politely suggested Judge Brooks pick the spot to break ground, and he did. When Cullen realized they had nothing to mark it, he walked to a mound of what Texans tastefully call "cow chips," pick up a few dry chunk, and piled it on the ground - which is how the man who would become Houston's greatest wildcatter came to drill his first actual oil well beneath a pile of handpicked cow manure...

Author: /time Magazine | Title: The Big Rich | 2/2/2009 | See Source »

...When the major banks and brokers got their first chunk of TARP money in October, everyone intimately involved in the process was aware of how Wall St. compensation works. But, the only conversations about salaries and bonuses were directed at the CEOs of the big firms. The cognoscenti knew that top traders and investment bankers often made much more than their bosses...

Author: /time Magazine | Title: How the Government Missed All Those Wall St. Bonuses | 1/30/2009 | See Source »

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