Word: jobbing
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...firm that wants to can pay the fee and co-locate. Furthermore, firms that co-locate aren't at much of an advantage if they don't know how to program their computers with the algorithms that will ultimately keep them ahead of the crowd. (See 10 ways your job will change in the coming decade...
...problem is already massive. When the value of a house is less than its mortgage, a homeowner can't sell and pay off his debt. If a house becomes unaffordable - because of job loss, say, or an adjusting mortgage interest rate - the homeowner is trapped. Underwater borrowers are more likely to default on their mortgages than those with positive equity. (See a chart showing metropolitan areas with the highest percentage of underwater borrowers...
...ways your job will change...
...owned nuclear companies, she merged them to create Areva eight years ago. Her early success in convincing foreign clients that nuclear was the power source of the future earned her a remarkable degree of independence from political meddling. "If you look at what she's done since taking her job, you realize Anne Lauvergeon had the drive, creativity and vision to assemble all these parts into a single unit to be ready for a nuclear renaissance that she saw coming," says Ben Elias, research analyst for Sterne, Agee & Leach in New York. "There are very few CEOs in her league...
...White House, according to Lincoln biographer Emanuel Hertz. Obama, likewise, is ringing in his 48th on Aug. 4 with a decided lack of pomp. He dined, hooped and - ahem - bowled with friends at Camp David over the weekend, but he's spending the big day itself on the job, having lunch with Senate Democrats to discuss his Administration's accomplishments and goals. (No word on whether there will be cake.) Sure, it sounds like a snooze, but throwing a top-notch fete is a tall order when you have to follow more than two centuries of Presidents who knew...