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Then there are the firms that are not traditional banks that are starting to line up for bailout funds. Earlier this week, American Express filed to change its status to a bank-holding company, which would allow the credit-card giant to apply for TARP funds. Analysts estimate that AmEx could receive as much as $3.5 billion in federal aid. GE Capital is also reportedly looking into applying for a Treasury investment. The troubled finance unit of industrial giant General Electric could receive as much as an $18 billion investment. What's more, a number of members of Congress...
...calcium and 400s IU of vitamin D daily, while the other half were not. After seven years, 528 women in the supplement group and 546 women in the control group had developed invasive breast cancer, an equivalent rate, indicating no effect from the vitamin D. Earlier observational trials had found positive links between women's taking higher amounts of supplemental vitamin D and lower breast-cancer rates, and animal studies had also suggested that the vitamin might prevent the disease. The WHI trial hints that the relationship may be more complicated, and despite the negative results, experts believe the connection...
...supporter, I was excited to read that your cover promised "Exclusive: Joe Klein Grills Obama" [Nov. 3]. I felt that such a serious turn in reporting was exactly what the country needed. However, the article itself felt barely reheated, let alone grilled. Indeed, Klein refers almost apologetically to an earlier interview in which Obama "grew a bit testy when I pushed him on the need for universal health insurance and a more aggressive global-warming policy." Instead of continuing to push, Klein came off as merely pulling the Obama wagon toward the presidential finish line. Please, Mr. Klein, we finally...
...labor and capital stack up well against rivals. That's one reason the world's second biggest advertising firm, WPP, announced in September that it plans to shift its headquarters from the U.K. to Ireland; and why pharmaceutical company Shire and publishers United Business Media both announced similar plans earlier this year. The arrival of new companies, and a greater emphasis on trade, should help Ireland to average growth of around 3.5% over the next decade, according to ESRI's Fitz Gerald, outstripping most of Europe...
...what policies would be important twenty or thirty years down the road, when he would be eligible to run, Chris told me. “Hopefully global warming will be somewhat resolved by then, energy independence will be somewhat established.” I had asked him earlier if he was a Democrat or a Republican, but he said he didn’t want to affiliate himself with either party. He thought it would be “premature” to “affix myself with a title that I don’t necessarily agree with...