Word: digitalization
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...just one three pointer in the final twenty minutes. Junior guard Jeremy Lin led the way yet again for Harvard with a game-high 23 points, but he didn’t get much help—as captain guard Andrew Pusar was his only teammate to reach double-digit scoring, tallying 11 points...
...today's strike was noticed. Indeed, state sector employees were joined by an unusually high numbers of private sector workers. Many of the 376 staffers at Paris-based pan-European stock exchange Euronext, for example, struck to denounce job cuts announced despite the company's double-digit growth in 2008. "Before, the French were deeply shocked by the situation, but didn't want to add to it," Denis Muzet, director of the Médiascopie Institute which tracks public opinion, told Le Monde. "But now there's real anger. Banks have announced positive results for 2008 after the state extended...
...this current quarter could be "the trough of this growth cycle," as government stimulus and loose monetary policy begin to boost domestic demand. The data gave enough hope to Credit Suisse's Tao to convince him to keep his 8% GDP growth estimate for 2009. "Double-digit growth won't come back in the next two to three years," says Tao, but the country is still better off than most. "China has one leg on a knee, but the rest of the world is lying flat," he says. Maybe the world should be envious of China after...
...efficiency retrofits, all designed to save or create 3 million to 4 million jobs by the end of 2010. Obama has said speed is his top priority because the faster Washington injects cash into the financial bloodstream, the better it stands to help avert a multiyear slump with double-digit unemployment and deflation. But he also wants to use the stimulus to advance his long-term priorities: reducing energy use and carbon emissions, cutting middle-class taxes, upgrading neglected infrastructure, reining in health-care costs and eventually reducing the budget deficits that exploded under George W. Bush. Obama's goal...
...weeks of gestation, increases a person's sensitivity to the effects of the hormone much later in life. The greater the exposure as a fetus, in other words, the higher the levels of confidence, vigilance or risk appetite triggered by testosterone in an adult. That observation has already made digit ratio a useful indicator of ability in fields other than finance; 2D:4D has been found to predict success in sports such as soccer, basketball and skiing, for instance. (Read TIME's top 10 sports moments...