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...Instead, many analysts see Amazon's biggest growth coming from its international operations, expansion into new merchandise and the addition of more third-party sellers. Its November acquisition of online shoe giant Zappos, for example, contributed $200 million of revenue to the company's fourth quarter. The number of active third-party sellers rose 27% to 1.9 million, and revenue from international sales climbed 49% to $4.56 billion in the latest quarter...
Indeed, a number of former and current Wall Streeters have come out in favor of limiting proprietary trading by banks. At the Senate hearing on Thursday, former chairman of Citigroup John Reed said he supported a Volcker-rule-like separation of financial firms. "The industry should be compartmentalized so as to limit the propagation of failures and also to preserve cultural boundaries," Reed told Senators...
...number of financial firms, including Citigroup, JPMorgan and Morgan Stanley, say they have already exited proprietary trading, or at least limited their activities in that area dramatically. Goldman Sachs says proprietary trading makes up less than 10% of the firm's revenue. But many observers say the trading these firms do for their own accounts is much larger than they...
...associate professor of exercise sciences at Montana State University, the risk of being infected with the flu virus or a cold will drop with moderate exercise. Another study, done at Appalachian State, found that those who walked at moderate pace for 40 minutes a day reported half the number of sick days taken off from work than those who didn’t exercise at all. It is still cold in Cambridge, so the flu is still a threat on campus, and it seems that regular exercise is key to staying in the classroom and out of University Health Services...
...dollars already spent on the program over six years and setting it on fire. It’s baffling because the decision will eliminate thousands of jobs—this comes days after the President said in the State of the Union, “jobs must be our number one focus in 2010.” It’s baffling because the decision could not have been made to save money, since the proposal actually increases NASA’s budget, even though the President announced days ago, “we are prepared to freeze government spending...