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...perfect, nor is the sense of volatility it attempts to predict. Volatility can mean many different things in practice: a stock whose price undergoes large price fluctuations and one that chops quickly in a small range might have the same measured volatility, but they are clearly not equally risky. Even though the concept of volatility is abused and taken for granted in the financial world, it is still the best-known measure of risk and, therefore, useful for investors. (See the best business deals...
...fact, the initiative might never have gotten off the ground without a lot of help from Washington. Half the $200 million price tag of the first phase of the project will come from federal stimulus spending, and there's more to come. Along with the $3.3 billion in grant money set aside by the Department of Energy for smart-grid tech, another $615 million is set to be spent on projects for energy storage and monitoring. To Washington, building the smart grid is about more than energy - it's about creating jobs, an investment that will stimulate the economy today...
...also attempting to be eco-conscious, recycling its ice cream containers and making a push for travel mugs rather than disposable paper cups. Since last fall, customers who buy a coffee refill with the travel mug—which costs $2.99 from the store—is charged the price of a small coffee despite the mug’s medium size...
...Jason D. Provost, the store’s general manager, said that the travel mug initiative has not only reduced paper waste, but has also boosted business. Despite charging less for refills, coffee sales have risen, compensating for the decreased price. Provost also said that the store has seen “absolutely no drop in profit...
...9/11, Ramzi bin al-Shibh. According to Hayden, Abu Zubaydah gave up the name after being waterboarded. This may be true, but the deeper question is, Was it worth the candle? Isn't all of the international condemnation, not to mention the demoralization of the CIA, too high a price to pay for the arrest of a mid-level al-Qaeda operative? (See pictures of the aftermath of Abu Ghraib...