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...Chairman Ben Bernanke appeared Wednesday at the National Press Club and said that the federal effort to address the financial crisis could produce improvements in 2009. But he also cautioned that there was no economic momentum, and that inadequate federal action could result in a continued deterioration in the economy. (Find out why the stock market keeps dropping...
...Less than a decade ago, newborns weren't so fortunate. As recently as 2000, most hospitals tested for only a handful of the recommended 29 diseases, including phenylketonuria, a metabolic disorder that can result in mental retardation, and hypothyroidism, a hormone deficiency that can stunt growth and brain development. (Both conditions are treatable with special diets and hormone supplements.) In many cases, these detectable diseases can be treated or managed if caught early...
...slashing travel budgets just as a wave of new hotels is reaching the market. Some 5,400 hotels will likely open globally in 2009 and 2010, the biggest surge in a decade, according to research firm Lodging Econometrics. UBS real estate analyst Eric Wong predicts a glut. As a result, revenue per available room - a common measure of hotel performance - is expected to fall in every major market in 2009. "Everybody was trying to grab a slice of the action," says Wong. "Now a lot may start to unravel...
...including former president George W. Bush, is against stem-cell research. It's embryonic-stem-cell research that's debatable. The Bush Administration's stem-cell restrictions were a result of Bush's courage to enact policies that reflected his belief (shared by many) that life begins at conception. It's because of these restrictions that scientists discovered the exciting potential of other types of stem cells. Diann Claassen, TEMPERANCE, MICH...
...Lankan army's 50,000 soldiers. So the most recent army offensive uses a new strategy. The military clears people from every stretch of territory it captures. Those displaced must either seek shelter deeper in Tiger territory or surrender to government forces, which move them into camps. The result is a sort of scorched-earth policy that has helped the army capture and keep control of territory that the Tigers have held for more than a decade...