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Wednesday's stronger-than-expected data on durable-goods orders (up 3.4% in February, but from a January number that had been revised downward) was a "slim silver lining on the horizon," UniCredit Research economist Harm Bandholz wrote in a note to clients. But, he was quick to point out, "investment and exports continue to plummet." (Read "How to Know When the Economy Is Turning...
...will simply be out of business and the sources of goods for replacing dwindling inventories will have gone away. The normal supply chain in some industries may be severely disrupted in a way that will take several quarters to repair. Retooling or replacing factories is unlikely to be a quick process. (See TIME's Pictures of the Week...
...that anesthesia may also put babies at greater risk for cognitive problems later in life, according to Wilder's latest findings. The author is quick to point out, however, that the data are preliminary and do not necessarily suggest a direct or definitive causal link between anesthesia and learning disabilities, only an association. "We clearly have not demonstrated that anesthetics are the cause of learning disability," says Wilder. "We don't want this to alarm the public to the point they aren't giving children appropriate medical care." It could be dangerous to deny children surgery to spare them...
...World is Flat and writes "Seattle has Bill ... Bangalore has Nandan"), Nilekani possesses a bird's-eye view of India's strengths and weaknesses. Though inclined to see information technology as a panacea for India's social ills (he admits he fears being deemed "the computer boy"), Nilekani is quick to caution that safeguarding India's growth requires far more than economic prowess. (Read "Stressed Out in India's Tech Capital...
...quick four years [at Harvard], but I had an awesome, awesome time playing here,” Tay said...