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...book industry braces for a digital revolution similar to what happened to the music industry more than a decade ago. So far, Amazon's Kindle has had a first-out-of-the-gate advantage over rival e-readers from Sony and Barnes & Noble. But industry experts believe the recent launch of Apple's highly anticipated iPad tablet, a device that offers Web-browsing, e-mail and other laptop functions in addition to an e-reader, could be the Kindle's biggest threat yet. Apple has already signed up five publishers to sell e-books for its iPad. "There's clearly...
...Wall Street money manager Jeremy Grantham recently wrote shareholders that he thought the Volcker rule would eliminate conflicts of interest at financial firms. Citigroup's current chief executive Vikram Pandit, too, has said he believes banks need to start curtailing their riskier activities. In November, speaking to business students at Washington University in St. Louis, Mo., Pandit said that unlike with other financial crises, proprietary trading played a much bigger role than underwriting in the recent credit crunch that nearly brought down his firm. "It makes sense to me that you don't take deposits as an institution and turn...
Associate professor Stephen L. Burt is well known among English students for his unique course on science fiction. His recent book “Close Calls with Nonsense: Reading New Poetry” was nominated for the National Book Critics Circle Award...
Steele’s visit particularly resonated for many Republican members of the audience because of Republican Senator-elect Scott P. Brown’s recent victory in Massachusetts...
...series of similar actions doesn't necessarily represent a coherent policy. Several instances of the Chinese government acting "tougher" could just be discrete events. Rather than read too much into the intensity of recent rhetoric about Clinton's speech and the arms deal, we should watch to see whether, in the coming weeks, China goes along with or tries to block American efforts to put pressure on Iran...