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...acts as an agent to transfer funds between buyers and merchants. Visa also handles transaction clearing and settlement services. Unlike large banks, when a customer defaults, Visa's balance sheet is not at risk. The company's role as an intermediary makes it an attractive investment. Over the last month the DJIA average was down slightly while Visa shares were up 32%. In the last quarter, Visa's profits rose 35%. Loaning money is a bad business. Handling the transaction between borrower and lender for a fee is a good...
...early SI as “Carissimo, Grande e Nobile,” which translates to “dearest, great and noble.” The collection also serves to show his willingness to disown the members when they prove a hindrance to the Situationist movement. Within a month of the latest flattering address to Gallizio, Debord writes to another member that the old painter’s show was “manifestly a reactionary farce.” Through his letters, Debord is presented as unafraid to share with members the issues he is having with others...
Harvard-affiliate Massachusetts General Hospital, considered one of the nation’s premier medical centers, has a death rate more than double the state’s average for the most common procedure used to treat heart attacks, a Harvard study reported earlier this month. The study—commissioned by the Massachusetts Department of Public Health—found the angioplasty death rate for patients admitted with heart attacks or in a state of shock was 12.6 percent at Mass. General in 2007, far above the state average of 5.5 percent. Angioplasty, a process by which a doctor...
...become the identifying mark of a perhaps unlikely group—diabetics. Scientists at the Cambridge-based Draper laboratories are developing nanoparticle tattoo ink that changes color to indicate glucose levels in the skin. The researchers are aiming to test the ink on mice by the end of the month, said Heather Clark, a member of Draper’s biomedical engineering group. The small tattoos could replace the often painful finger-pricks that diabetics endure up to twelve times a day to monitor their blood glucose levels. The ink is composed of a glucose-detecting molecule, a color changing...
After weeks of wrangling following the general election earlier this month, Benjamin (Bibi) Netanyahu is set to become Israel's Prime Minister for the second time, putting Israel on a potential collision course with its Palestinians partners, its Arab neighbors and perhaps even its American ally. (Read about a crisis during Netanyahu's previous term as Israel's Prime Minister...