Word: yorke
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...consider that the Jets and the Sharks used to flash their switchblades not far from where the Metropolitan Opera now stands, it's amazing that the island of culture didn't come with a moat and a drawbridge. (See 10 Things to Do in 24 Hours in New York City...
...Stranger yet, Uncle Milton's Force Trainer wasn't the only levitational gadget at this year's American International Toy Fair, the four-day trade show that brings a gazillion manufacturers and retailers together every February in New York City. Also on display was Mattel's new Mindflex, which has players move a tiny foam ball through a mini-obstacle course with their thoughts. Or, more precisely, with their brain waves. (See the best toys from the 2008 American International Toy Fair...
...checkups now have achy teeth and have no choice but to undergo a more expensive procedure. "It's human nature to say, 'I can't afford that right now, and if it doesn't hurt, I don't have a problem,'" says Dr. Lawrence Spindel, a dentist in New York City. "Then all of a sudden you need a root canal...
...relied on the loan-loss estimates of New York University professor Nouriel Roubini, a.k.a. Dr. Doom, who has been sagelike in his predictions about the credit crisis so far. We factored in the banks' results this year, as projected by Wall Street analysts. Besides the hit that banks will take for soured loans, the firms also have losses in their investment accounts. But since markets go up as well as down, we stuck to the actual cost of their lending foibles rather than guess where the market for debt is headed next...
...market analysts agree on the significance of today's market signal. "I follow the S&P 500 because that's where the money is," says Phil Roth chief technical analyst at Miller Tabak in New York City. "And there the index is still about 4% above its November low." Even so, Roth believes Thursday's Dow drop and its new low-water mark will make the next few trading days anxious ones. "It's important psychologically," he says, noting that negative sentiment has kept buyers at bay, and today's technically significant drop could make them even more skittish. Days...