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...address the specific findings of the new study but issued a statement on Monday, April 13, saying that Facebook isn't the only diversion around; TV and video games can be just as distracting as online social networks. The company also pointed to a study released earlier this month by researchers at the University of Melbourne showing that personal Internet use at work can help focus workers' concentration and increase productivity. Facebook added that "it's in the hands of students, in consultation with their parents, to define priorities and decide how to spend their time." (Read "25 Things...
...them with enough capital to work their way through piles of bad assets and tight credit. The process is not over. Major US banks may need tens of billions of dollars more in government assistance when the results of the "stress tests" of bank viability are finalized later this month. The Treasury may tell Bank of America (BAC) that it needs $15 billion in additional capital and the bank may be able to raise that money on the government's deadline. If it can't, it could be merged into another bank the way that Wachovia and Washington Mutual were...
What retailers do have is employees, and at this point way too many of them. Dillard's (DDS), which is not one of the largest retailers, lost 19% of its same-store sales last month. The company has 33,000 employees which means that it is not much smaller than Chrysler's US car operation. Rite Aid has 4,900 stores and it is in real trouble. If Rite Aid faced bankruptcy it would cause unemployment problems, but it could also trigger a destructive chain of events in the real estate industry by defaulting on store leases at locations...
...from a James Bond movie and appears to be little more than conspiracy theory. Nor is it consistent with the Arab League’s recent decisions—when Lebanon demanded an international investigation and tribunal for the assassination of former Lebanese Prime Minister Rafik Hariri earlier last month, Arab leaders welcomed the beginning of the tribunal at Lahay and the transfer of jurisdiction from the Lebanese justice department to the international judges. No mention was made of the ICC’s political ambitions then...
...policy paper recommends that housing students during the month of January be defined in a way that allows students to stay on campus to participate in a variety of extra-curricular activities and other programs that are deemed productive...