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China and India trained more than 480,000 engineers in 2003. Is there no limit to the number of American jobs that will move there? Actually, there is. The McKinsey Global Institute, research arm of the consulting firm, spent a year trying to find the "theoretical maximum" number of jobs that could move offshore from the U.S. and Europe. Its conclusion: 11% of 1.46 billion global-services jobs could be performed remotely, but only 4.1 million of those jobs will actually move offshore by 2008. One big reason: after interviewing dozens of hiring managers in China, India and elsewhere, McKinsey...
...credit cards with "blink": wave the card within 2 in. of a reader and a "beep" eliminates the need for a swipe, PIN or signature. Blink cuts purchase time 10% to 40% and increases spending about 20% over using cash, says Chase. There's a variable credit limit and, as with all other credit cards, minimal liability for lost or stolen plastic. One million MasterCard and Visa blink cards will be issued by summer's end, so companies such as 7-Eleven and Arby's franchiser Bailey Co. are blink-enabling their payment systems, beginning in Colorado-area stores...
Thomas also shies away from a substantive debate about the merits of permitting free speech on campuses. He is a free speech absolutist, and comes down clearly on one side of the debate of whether academic institutions ought to be allowed to limit hate speech on their campuses. But he does not engage much with the philosophical issues at play. He finds absurdity in the actions of his ideological opponents, and is probably right on that point, but he does not actually argue why we should all be free speech absolutists as he is. Because he only asserts this...
...Philippines. "It's a sunrise industry," Arroyo told me, delighted by the chance to discuss a positive trend. "Four years ago, it was just beginning here. Today, it's employing about 70,000 young people and hiring thousands more each month. I think the sky is the limit...
...World Chess Federation called off the contest, claiming that both antagonists were exhausted. Kasparov, having won the previous two games and the momentum, charged that he had been robbed. Seven months later they started anew under the old rules allowing half a point for a draw and a limit of 24 games. This time Kasparov's electrifying but uneven play was under better control. Still, the lead changed two times before the challenger pulled ahead and won last November, 13-11, to become history's youngest world champion...