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...worst business deals...
Indeed, the numbers suggest that the worst may well be yet to come. The overall unemployment rate, which lags what's going on in terms of economic production, tells us more about what has happened than where we're headed - and the forward-looking news is equally grim. On Feb. 5, the Labor Department reported that 626,000 people made first-time claims for state jobless benefits in the week ending Jan. 31, more than economists expected and the most since 1982. The total number of people collecting unemployment now stands at nearly 4.8 million, the most since at least...
Recent experience suggests that is the worst option of all. But so far, no alternative looks easy to deliver. Good luck, Mr. Holbrooke...
...Scandal. Unlike Roth’s character in the television series, however, Ekman comes across as less confident in his methods, or at least very cautious about putting them to use. Being responsible is one thing, but as a result of this cautiousness, Ekman often sounds vague, ambiguous, and worst of all, obvious. In distinguishing between “believing-a-lie mistake” and a “disbelieving-the-truth mistake,” he writes, “There is no general rule about which kind of mistake can be most easily avoided. Sometimes the chances...
...worst-off of all the beleaguered chipmakers are the six major DRAM manufacturers in Taiwan, which lost a combined $3.5 billion in 2008, according to the Taiwan government. Taiwan's firms are in especially rough shape because they lack the scale, financial resources and technical prowess of their larger Korean and American rivals. The companies' woes are pushing the Taiwan government toward a bailout of the industry. "We have the intention and the resolve to help the DRAM companies through difficult times," Taiwan President Ma Ying-jeou reportedly told electronics industry executives in early January. Aid is crucial, policymakers believe...