Word: shared
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...nearly free lunch that wellness and prevention can provide, but that leaves a lot of medical expense still on the table. For real cost containment to occur there will likely need to be difficult choices made in areas such as end-of-life care, which currently consumes an outsize share of Medicare's budget. It's not politically palatable, but as companies are discovering, healthcare-cost containment is not a job that wins friends...
...humiliating blow for Intel, which has played a key role in developing chip technology for over four decades, and can now claim a staggering 80.5% market share in microprocessors. But it represents vindication for Intel's semiconductor rival Advanced Micro Devices (AMD), which filed the original complaint in 2000. And it also underlines the power and authority of the Commission, which has now established itself as the world's most feared antitrust regulator...
...Competition Commissioner Neelie Kroes said Intel's predatory pricing practices were specifically designed to muscle out AMD, whose current market share is a relatively meager 12%. "Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years," she said. "Such a serious and sustained violation of the E.U.'s antitrust rules cannot be tolerated." (See pictures of Obama's trip to Europe...
...result, the best-case scenario for an economic recovery is one in which the consumer's share of economic activity shrinks, but gains in other sectors are enough to keep the economy growing at least modestly. In GDP lingo, those other sectors are government-consumption expenditures, gross private domestic investment (business plus housing) and net exports. Let's run through them...
...enlightening but disheartening to learn that a common thread runs through the African continent. Nigeria has also had its fair share of revolutionaries turned dictators. But all is not lost. African leaders must learn from the example of the current governor of Lagos State, Babatunde Fashola who, in the little time since assuming office, has done more to improve Lagos (especially places once thought the most irredeemable) than others have done in two terms. He is more action, less talk. They must especially copy his maxim to serve the people rather than rule them. This is the key to good...