Word: scotts
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...Although relatively few troubled loans will come due before the end of this year, the implications for banks are already being felt. The delinquency rate for commercial real estate loans hit 1.8% in March, triple that of a year ago, according to Scott Talbott, a lobbyist for the Financial Roundtable, which represents the largest lenders. "Losses from commercial real estate are the next economic shoe to drop," he said. "This issue has moved to the forefront...
...time, by the month, day or hour. Better information means better consumption. Smart customers will be able to adjust their electricity use to reduce waste and lower their bills an estimated 10% to 20%. "The immediate impact is that this will make service more reliable and more efficient," says Scott Lang, CEO of Silver Spring...
...those students is Scott Harlin, 40, whose job as a drug- and alcohol-rehabilitation counselor was wiped out by state budget cuts two years ago. He's now studying at Columbus Technical College, in Columbus, Ga., to become a Cisco certified network engineer. Says Harlin (whose grade point average thus far is 4.0): "Jobs are so hard to come by right now. Why not study and get qualified to do something that will be marketable later?" He adds, "I've always thought about going back to school, but I probably wouldn't have done it if I hadn't gotten...
...disagree with the observation of some analysts that this deal makes Oracle more IBM than Apple. (Just two weeks ago, IBM had made an unsuccessful attempt to acquire Sun, meeting vociferous opposition from Sun's board, particularly from its chairman, the company's legendary founder Scott McNealy.) With the Sun acquisition, Ellison gets a soup-to-nuts business and the ability to integrate everything from chips to boxes to software. But better than serving the fickle consumer market, as Apple does, he gets to slice off the top of the far more lucrative business market. That allows him to protect...
...North America on a $150 million budget. The period boxing epic Cinderella Man, reuniting Crowe with Beautiful Mind director Ron Howard, made its expected impact neither at the box office nor with the Academy. Attempting to show his sweet, light side, he teamed with with Gladiator auteur Ridley Scott for the romantic comedy A Good Year; that sad misfire earned just $7.5 million in its entire domestic run - less than 17 Again did on its first...