Word: wakes
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...poorly managed funds, leaving remaining funds to consolidate. And the culling could even be healthy for the industry, says MIT's Lo, who draws an analogy from biology. "We've just seen a big meteorite hit," he says. "It will kill a number of species. But in the wake of that death, whole new species will arrive." As students of evolution know, the dinosaurs died to make way for something smarter...
...decades at a time, particularly when a worldwide economic recession means fewer jobs overseas and smaller remittance checks sent home. During an October meeting on global migration in Manila, U.N. Secretary-General Ban Ki-Moon warned that millions of migrants were at risk of losing their jobs in the wake of the financial crisis - grim news for both individual Filipinos and their government. By law, the government isn't allowed to promote overseas employment. But the Department of Labor does arrange state-to-state labor contracts that send workers abroad and openly encourages private-sector recruitment for overseas jobs. Evidence...
...stake its claim, the Australian company has just done a deal with Denmark's Danisco to produce straws containing three strains of freeze-dried bacteria that "wake up" when they come into contact with liquid. Unlike yogurt, the straws don't need to be refrigerated and can be consumed in juice. The price could be as little as half that of a probiotic yogurt...
...sailors and is responsible for ferrying 700 Marines and their gear to global hot spots. And the ship's sad plight represents in miniature all that is wrong with the way the Pentagon buys its weapons. The pattern of haste and waste accelerated in the Cold War's wake and simply exploded following 9/11. It highlights the challenge facing President-elect Barack Obama as he contemplates retooling an Industrial Age military - primed for state-on-state warfare - into the more agile force better suited for 21st century conflicts of the type now being waged in Afghanistan and Iraq...
Just as more centrist Democrats like Bill Clinton emerged in the wake of Ronald Reagan's triumphs, more pragmatic Republicans like Crist, California governor Arnold Schwarzenegger, Minnesota governor Tim Pawlenty, Indiana governor Mitch Daniels and even conservative Louisiana governor Bobby Jindal will likely be the phoenixes that rise from the GOP ashes of 2008. (None, however, will yet say if they plan to mount their own presidential bids in 2012.) As a result, says Leslie Lenkowsky, a public affairs professor at Indiana University who served with Daniels in the Bush Administration, "the future of the Republican Party is going...