Word: returns
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While the doctrinal stance breaks no new ground, the question now, like in March, is a matter of emphasis. Why, months after the difficult issue had largely faded from view, did the Pope feel compelled to return to a case that could leave the church looking coldhearted? A senior Vatican official says the Pope was forced to back up the Brazilian bishop. "[Sobrinho] was furious," says the official. "There was the impression that the local bishop had been subjected to immediate scrutiny by the Holy...
...have changed. Brainard called FAL's relocation a "temporary" move, but said that it would likely remain in Littauer for the next eight to ten years. She said that she did yet know where FAL would be moved afterwards, but that it is unlikely it will return to the Harvard Art Museum.HCL also announced earlier this week that the main entrance to the Pusey Library would be closed at the end of July, and that patrons could access the Harvard University Archives, the Harvard Map Collection, and the Harvard Theatre Collection staff offices via Lamont Library's main entrance instead...
...clear departure from the historical norm, the White House is not cheering the return of huge profits to Wall Street. On the contrary, the recent windfalls at Goldman Sachs and JPMorgan, and the promise of giant year-end paydays for banking executives and traders, has caused a bit of consternation in the West Wing, coming as it does so soon after the taxpayer bailouts saved the entire financial system from total collapse...
...safe haven from the world's harsh economic winds. In particular, euro membership would allow it to ditch the crippled krona. The E.U. would gain a new member with similar values to its own, which would help strengthen its reach as a global power. In return, Iceland can expect accession talks to move at a double-quick pace. As a member of the European Economic Area (EEA), Iceland already has access to the E.U.'s single market. It is also part of Europe's border-free Schengen zone, and virtually all the other E.U. programs open to non-member states...
...Market sentiment was boosted earlier in the week by a surprisingly good profit report from Goldman Sachs, which logged second quarter earnings of $3.4 billion and an eye-popping return on equity of 23%. Investors got a second round of heartening news on Wednesday morning when Intel reported sales that were 10% better than analysts had been expecting; Intel's earnings also beat expectations by a wide margin and the company offered encouraging guidance about the third quarter. The chipmaker's shares rose more than 7% Wednesday, putting the stock's rise so far this year at 25%. Intel...