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...second-largest bank and Europe's largest lender, also posted a third-quarter loss - of j447 million, compared to a j94 million profit for the same period last year. Commerzbank and Dresdner Bank, a unit of insurance giant Allianz since 2001, look set to follow suit when they publish third-quarter results later this month. Why, in a country once renowned for its scrupulous financial management, are so many banks doing so poorly? The answer is simple: bad debts, a knock-on effect from Germany's soaring bankruptcy rate. At Deutsche, provisions for loan write-offs rose to j753 million...
Edelman intends to research a filtering program created by N2H2, a Seattle software company. He is suing N2H2 to ensure his rights to discover and publish the expected result—the list of websites excluded by the software...
...temptation to grab the public platform,” he says. This is not a problem to which Harvard is immune. “Clearly there are people at elite universities—including Harvard—who seem to spend a lot of time on TV and publish a lot of stuff I think is not rooted in scholarship,” Thernstrom says...
...According to Coulter, racial profiling at airports is such a foolproof measure against terrorism that only a paper like the “Treason Times”—also occasionally referred to as The New York Times—would be so unpatriotic as to publish editorials against...
...talk among the champagne-fuelled literati wasn't of near-winners, worthy losers or contentious judges. The chatter accompanying the toasts, the hugs and the kisses in the Union, a members-only club in London, was of the unprecedented success of Canongate Books, the small Edinburgh-based house that published Pi. For the first time, the prestigious annual fiction award for Commonwealth writers went to a book published outside the mainstream houses - and outside London. So the man behind Canongate, Jamie Byng, got almost as many accolades as Martel himself. In 1994 Byng, then 26, paid less than...