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...links). Long-time venture capitalist Fred Wilson passes along his opinions on new technology and how it converges with emerging parts of the economy. Wilson talks in detail about where he is investing his venture capital money and why. His Union Square Ventures has taken positions in new ventures including Del.icio.us, Feedburner, and Twitter...
...expected changes to the 35-hour week have materialized since France's Conservative government passed a measure in July designed to make it easier for bosses to force their employees to work more. The move retained the 35-hour week as the nominal legal reference to undercut union protest, but then rendered it nonsensical by giving employers a free hand to set far longer work requirements. So far, however, bosses haven't seen fit to make such moves. (See pictures of Sarkozy's visit to London...
...year before. City nearly went under in the Panic of 1837 but was bailed out by the country's richest man, fur magnate John Jacob Astor. Astor's associate Moses Taylor built City into a bulwark of sound finance--big capital reserves, stingy lending standards--that bankrolled the Union during the Civil War and easily withstood the first postwar financial panic...
Today it's the war on terrorism that has proved too costly. Describing Shi'ite Iran and Sunni al-Qaeda as a unified terrorist threat when they loathe each other makes as little sense as treating China and the Soviet Union as a unified threat in the 1960s, when they were on the brink of war. Even Hamas and Hizballah are fundamentally different from al-Qaeda, since they're national movements, not global ones. They may be terrorists, but politically, socially and economically, they are deeply integrated into their local societies in a way al-Qaeda is not. Our long...
...funds. The same day, House Democrats unveiled an even larger stimulus plan that would funnel money to local governments, fund infrastructure development and provide middle-class tax cuts. Britain, meanwhile, announced a bank-bailout plan as the European Commission predicted the loss of 3.5 million jobs in the European Union...