Word: tappings
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...across all devices," says Lynch, touching the screen to launch an International Herald Tribune app. It looks identical to but somehow better than the paper version of that newspaper. It feels alive. "You can do anything you want with AIR. It's totally expressive," he says, with a gentle tap launching the Business section. Unlike a Web version, which needs a persistent connection and whose design is constrained by the parameters of the browser, the app fills the entire screen, immersing you in the reading experience. Once it's delivered, you can read it anywhere, even on a plane...
...maximum-wage plan is not retroactive, applying only to companies that tap TARP in the future. The restrictions will apply until a bank pays off its TARP tab and starts behaving. According to an Administration source, "If a bank has restored viability, has paid back the United States government with interest, and is now a completely private-sector bank ... then we can return to a time when this is between them and their shareholders...
...candidacy amid a grand-jury investigation. If that selection was partly spurred by a desire to reward an influential campaign endorsement, Obama's second stab at filling the post looks like a nod to his campaign promise of bipartisan governance. On Feb. 3, Obama reached across the aisle to tap Judd Gregg, a three-term GOP Senator from New Hampshire who, if confirmed, would be the third Republican in the Obama Cabinet. But Obama's latest olive branch is also a political calculation. While Gregg wielded significant power as the ranking member of the Senate Budget Committee, the Commerce Department...
...Iceland Banks Fail; Government Follows After months of protests triggered by the collapse of Iceland's economy amid the global financial crisis, its government finally joined suit on Jan. 26. It has been replaced by a new left-leaning coalition that is expected to tap Johanna Sigurdardottir to take the helm. The 66-year-old Social Affairs Minister would become the world's first openly gay woman to serve as head of state...
Bank stocks have continued to plummet since the program was started in mid-October. Two of the nation's largest banks, Citigroup and Bank of America, have had to tap the relief fund twice, yet neither bank appears any more stable. Indeed, concerns about Bank of America's insolvency have grown, not shrunk, in the past few months. What's more, none of the government money spent so far has done anything to increase lending or lower foreclosures. (See the best business deals...