Word: problems
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...many criticize the Internet for the layoffs, buyouts and bleeding bottom lines that characterize the news business today. But, as emphasized by a report released last month by PricewaterhouseCoopers and the World Association of Newspapers, traditional news outlets must "cross the digital abyss" if they wish to survive. The problem, of course, is scraping together the capital to invest in new technologies. (Read "How to Save Your Newspaper...
...forecasts prompted Rich Gordon, director of digital innovation at Medill, to convince the Knight Foundation in 2007 to start funding the new curriculum. Recognizing that traditional news platforms are struggling to keep content relevant online, Gordon, the former new-media director for the Miami Herald Publishing Co., approached the problem a different way. "Instead of media organizations always playing catch-up, the objective should be for them to incorporate data in new and different ways from the very beginning," Gordon says, noting that, in addition to Digg, websites such as ProPublica, EveryBlock and PolitiFact have achieved this goal successfully...
...were enough to persuade holders of more than $550 million in preferred stock to convert their shares to common. Add that amount to the more than $600 million Fifth Third had left from its stock offering, and bingo: Stress test passed - over $1.1 billion in new common equity. The problem is the money Fifth Third paid to preferred shareholders to convert to common equity will also end up depleting Tier 1 capital - a measure of total bank resources, not just common equity - by $365 million...
...junk problem at most colleges doesn't usually rise to that level of drama. It's more a persistent, slow-burning question: What are we going to do with all this ... stuff? Over the past decade, schools like Princeton, NYU, Cornell, Harvard and Ohio State have each instituted some sort of program to collect unwanted items and either donate them to charity or sell them at the beginning of the following term...
...welcome. In a press release, he said a taskforce had been set up which would include senior officials from the Department of Foreign Affairs and Trade, the Department of Education and Workplace Relations, the Department of Immigration and Citizenship and the Attorney-Generals' Department to deal with the problem. (Read a short bio of Kevin Rudd...