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Since 2008 Grameen has collected 1,700 borrowers in New York City, and last June it opened a second branch in Omaha, Neb. Other cities in its sights include San Francisco, Boston and Charlotte, N.C. - anywhere local businesspeople raise seed capital and a bank will host low-cost savings accounts for borrowers with just a few dollars, since savings are a key part of the Grameen philosophy. "There are whole populations that aren't being reached by the banking sector," says Bob Annibale, director of microfinance at Citibank, which partners with Grameen in New York. Like other financial giants, Citi...
...Clean Coal Electricity. (The ads featured lumps of coal plugged into an electrical cord.) Designed in part to respond to the growing green campaign against coal power - which accounts for about 30% of U.S. carbon emissions - the ads promised high-tech and eventually carbon-free power, emphasizing coal's low cost compared to alternatives, its abundance in America and its cleanliness...
...Consumer advocates have long complained that credit scores inaccurately measure borrowers' ability to pay back a loan and therefore make it more expensive or even impossible for people who have a low score, or none at all, to borrow. But the complaints about credit scores have fallen mostly on deaf ears in the lending industry. That seems to be changing...
...resistant strain is the result of a spontaneous mutation in the influenza virus genome and not the result of overuse of antimicrobial agents like Tamiflu to treat the infection. That's based on the fact that during the last flu season, the resistant strain was widespread in countries with low Tamiflu use like Norway but less common in places like Japan where reliance on Tamiflu is high. (See Dr. Sanjay Gupta's Fit Nation column...
...This could lead to the development of ultra-low static friction devices and sensors based on engineering these quantum fluctuations,” Munday said...