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...reason: Hale's company is in good financial shape and part of a booming industry. Even though the U.S. hasn't seen a new nuclear power plant since 1996, there are now dozens on the drawing board, and the Obama Administration has announced loan guarantees to build new plants. United Controls is also seeing a spike in business from overseas countries such as Korea, Taiwan, Spain and Brazil. In other words, coming out of the recession, Hale's firm is a commodity in short supply: a top-notch credit risk...
...problem, according to Raj Date, executive director of the Cambridge Winter Center for Financial Institutions Policy. In congressional testimony on March 2, he made the case that as the demand for loans from creditworthy borrowers picks back up, there might not be enough lending to go around. Part of that has to do with many small banks' capital constraints - money they would lend is still tied up in those real estate loans. Just as important, though, other places business owners have looked to for funding in recent years, like home-equity loans and credit lines from nonbank finance companies like...
...Whatever the company's motivations, the quota is still an audacious move for Europe's biggest telecom group - part of recent efforts to shake off its old-fashioned image and revamp its operations for the 21st century. Women currently only occupy 12% of the management positions at Deutsche Telekom offices in Germany - and none of the positions on the eight-member executive committee. In order to recruit more women managers, the company says it plans to introduce more flexible working hours and part-time positions, as well as expand its parental leave schemes and child-care services. It has also...
...rise in telepsychiatry has come largely out of need. According to the American Academy of Child and Adolescent Psychiatry (AACAP), between 7 million and 12 million youths suffer from mental, behavioral or developmental disorders. And a new nationally representative survey, funded in part by NIMH, indicates that 50% of the children in the U.S. who have certain mental disorders such as generalized anxiety disorder and depression are not being treated by a psychiatrist or other mental-health professional...
...have a child psychiatrist, so doctors some six hours away, at Michigan State University in East Lansing, treat patients via videoconferencing. In South Carolina, a statewide telepsychiatry program established last summer has cut the average waiting period for a child to get a psychiatric consultation from several days (in part because many families in rural areas lack transportation to get to an urban hospital) to a few hours...