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...remaining hopes to the contrary were dashed recently when China's National Bureau of Statistics released the country's latest economic data: in the third quarter, GDP growth had slipped to 9%, the slowest quarterly pace since 2003. Meanwhile, estimates for 2009 growth are being slashed to as low as 8%, which would be a dramatic deceleration from last year's 12% rate and would rank as China's worst results since...
...report released Tuesday, ratings agency Standard & Poor's says there are 140 large U.S. companies on its "Weakest Links" list of low quality debtors - the group "most vulnerable to default." That's up nearly twofold from the beginning of this year. Among the troubled firms on the agency's list are such household names as clothing retailer Eddie Bauer, amusement park operator Six Flags and pizza chain Sbarro. Also on the list are doughnut baker Krispy Kreme and mobile technology titan Palm, as well as a number of the nation's largest airlines, including JetBlue and the corporate parents...
...organization’s effort there helps these families achieve a better standard of living through low-income housing projects. But building houses wasn’t enough for Sáenz-Badillos. “These people need to have an opportunity at true and sustainable development,” he says, which means a reliable source of income...
...hired as a tenured professor, a candidate must be approved by two-thirds of the tenured faculty and two-thirds of the entire faculty. The relatively low number of lateral hires also contributed to a self-perpetuating cycle of faculty failing to approve candidates, Elhauge said. Because Law School professors expected that few tenured professors would be hired, they were concerned that approving one prospective hire would take away a spot for someone they preferred. “Everyone is only voting for the person they consider the best possible for that slot, and that leads to more disagreement...
...Health Alliance isn’t the only hospital system affected. Boston Medical Center will lose out on $64 million it had been expecting for care delivered to low-income Medicaid patients last fiscal year...