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Most analysts forecast decent growth for Google in 2009. But Trip Chowdhry of Global Equities Research predicts that the firm will lay off anywhere from 10% to 15% of its employees in 2009 as a result of stagnating revenue. "This is not only for Google. This is for every Internet company that has only one revenue source, which is advertising," says Chowdhry. He estimates that the company will bring in $14.57 billion by 2010, down 4% from an estimated $15.71 billion in 2008. Sanford Bernstein's Lindsay, on the other hand, recently lowered his upbeat forecast for the search giant...
...Review in 2006 pegged the price at $5 to $15 billion a year - is doable now, provided we have the political will. If you want to know why, visit Noel Kempff. Its biological value was incalculable, but to the people who lived in the forest, its only financial value lay in dead logs. REDD changes that - and with 29% of the carbon revenue from the project promised to local communities, it can change their lives too. "We finally have a way to pay countries for protecting forests," says TNC's Marsh. That's good news...
...Harvard Law School professor who heads the congressional panel that oversees the federal bailout said that the government has yet to lay out a sound plan for dealing with the financial crisis. Professor Elizabeth Warren told The New York Times on Tuesday the government’s actions so far have lacked clarity and direction. Warren said she believes that if need be, the government should not shy away from repairing individual families’ financial health. “Household financial health is profoundly tied to the economic health of the nation. You cannot repair this economy...
...this wasn't our 9/11, and we've learned since then that there's a second reaction to terrorism. One recognizes, wearily but maturely, that killing every terrorist we can lay our hands on isn't the same as killing their ideology. The jihadist's ideology is barbaric, violent and senseless. But that isn't what will wipe it out. Ideas can't be wiped out with force, much less killed. There has to be a good reason for people to give them up. (See pictures of Two Days of Terror in Mumbai...
...blocked Black Knight forward Kenny Brewer and nailed a three in the left corner after some nice ball movement from senior guards Drew Housman and Andrew Pusar, who was making his first appearance of the season. Following a free throw by senior forward Evan Harris and an Army lay-up, Lin knocked down two free throws and the Crimson defense forced an opponent miss. Harris fought for a loose ball on the offensive end, forcing jump ball with the arrow to Harvard. With the ball, freshman guard Max Kenyi penetrated and kicked out to Housman, who downed a three...