Word: rathering
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...assessment: So what? A recession is defined by the Business Cycle Dating Committee of the National Bureau of Economic Research, the semiofficial arbiter of such matters, as a "significant decline in economic activity spread across the economy." It's certainly better for economic activity to be increasing rather than decreasing, but the focus on whether the economy is in recession or not can miss a lot. "I don't care about what the dating committee says. I'm concerned about longer-term issues," says Yale economist Robert Shiller. "We are in for an extended period of subnormal economic growth." Mohamed...
...long, 2-ton spacecraft is not designed for a landing, but rather will settle into a low lunar orbit just 30 miles (48 km) above the surface, or about half the altitude at which the Apollos flew. The ship will be fairly stuffed with scientific instruments, one of the most important - if least sexy sounding - of which will be its laser altimeter. The altimeter will bounce laser beams off the lunar surface and, by measuring the speed at which they reflect back up, calculate the moon's topography to within inches. That's critical since long-term lunar stays require...
...unexpected boulder field just seconds before touchdown. That's less likely to happen this time, thanks to a camera that can visualize objects as small as a few feet across. What's more, since the LRO will be in a polar orbit instead of an equatorial one - or, vertical rather than horizontal - the moon's 28-day rotation will eventually carry virtually every spot on the surface beneath the camera's lens...
Whenever Sergio Marchionne talks about his latest calling - fixing auto companies written off as basket cases - he doesn't sound anything like most auto types. For a start, he's a lawyer and an accountant rather than a car engineer, and instead of getting bogged down in long discussions about the merits of one particular type of engine or gearbox, he likes to talk about Apple...
...lawyers in 2001, also lost his legal license in 2005. They worry that the latest group of lawyers could be similarly ostracized and mistreated upon being disbarred. In that case, the authorities might lose as well. For all their work on cases that the Communist Party would rather have disappear, the lawyers are working within the system, rather than outside it. "These lawyers are not advocating a fundamental change to the political system. They are not asking the Communist Party to step down and introduce a Western model of multiparty rule," says Ho. "They are only asking the government...