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...billion, up from $2.55 billion in the same period a year ago, attributing its higher earnings to increased sales of consumer goods and medical devices - at least Americans are still buying some products. But not all American consumer-product companies are doing so well. PepsiCo, maker of the popular soft drink, missed analyst estimates; shares are off by 8.9%. The company announced layoffs of 3,300 jobs or about 1.8% of the workforce...
...kids back, the American Embassy in London is promoting the country's diversity and popular culture as reasons to understand it better. Encouraging people to study the country "furthers our mission to explain America to the world," says Liza Davis, the Embassy's cultural attaché. The embassy has also given Richard Ellis, a professor at the University of Birmingham, a generous grant to produce promotional CDs and a website that asks: "Why Study America?" The site features interviews with people enrolled in American-studies courses (one student says he's developed a "toolbox" to analyze cultural phenomena such...
Despite being around for five years, B. Good hasn’t been very popular with the Harvard crowd. But Olinto isn’t worried: “It’s a slow evolution, and it takes time to convince people you’re worth their loyalty,” he says...
With OCW gaining so much popularity, other schools have followed suit. In the fall of 2007, Yale made course materials for seven popular courses available online and will add nearly 30 more within the next three years. Carnegie Mellon has launched its Open Learning...
...open educational approach. One such rebel is Andrew J. Magliozzi ’05, founder of Finalsclub.org, a Facebook-meets-Wikipedia Web site meant to meet all your study needs. The site, which is currently being revamped and is set to launch on Oct. 14, contains blog notes of popular Harvard lectures. Past bloggers include students enrolled in the course, as well as TFs. An added component of the site is an interactive forum where users can create an account, make a group, invite friends to join, and assign various tasks (i.e. lecture notes for certain lectures...