| New notebook is impressive
Its quick boot-up has made it perfect for writing quick e-mails (and this review) whenever I had a moment of inspiration. I'm not tossing my larger notebook computer, which I'll continue to use for editing photos and for other tasks that feel constrained on the Eee PC's tiny 5-inch screen. But it's hard not to be impressed with a full-service laptop light enough to be carried along with sunscreen and a magazine in a flimsy plastic bag, as I did during a recent trip to Cancun, Mexico. As it refines the software and instructions, ASUS - better known as the world's largest maker of computer motherboards - could garner a following among mainstream computer users who right now might be puzzled by some of the eccentricities of Linux. The $400, 8.9-inch by 6.5-inch, 1.4-inch thick Eee PC is a new entrant in a fast-growing market for ultra-portable PCs.
The Subprime Meltdown and SRI: Engage, Avoid, Predict
Shareowner activists engaged banks on predatory lending long before the subprime crisis climaxed, and SRI research predicted the meltdown in time to avoid some impacts. SocialFunds.com -- The subprime market meltdown: you could see it coming for miles--if you were wearing the right colored glasses. Socially responsible investing (SRI) is one such set of lenses. Shareowner activists began engaging banks on predatory lending years before regulators started noticing (but not acting on) red flags in the subprime market in late 2003--the beginning of chronology of neglect according to Senate Banking, Housing, and Urban Affairs Committee Chair Chris Dodd (D-CT). Some SRI funds avoided the worst impacts of the meltdown by excluding mortgage-backed securities containing predatory loans.
Behind the Edwards Surge: Right Message at the Right Time
Much was made of Illinois Senator Barack Obama's superb speech to a huge crowd of Iowa Democrats at the mid-November Jefferson-Jackson Day dinner in Des Moines. Without a doubt, it helped to propel Obama ahead of New York Senator Hillary Clinton in polls conducted in the weeks after the event. But Obama's speech in November may not turn out to be the definitional statement of the fight for Iowa. What could turn out to be the most critical comment of the campaign came from John Edwards in the last debate between the Democratic contenders — and the former senator from North Carolina may well claim the caucus-night victory that is the reward for delivering the right message at the right time. It wasn't a great rhetorical flourish. It wasn't even a new statement.
Tokyo Stocks Rebound from 4-Day Plunge on Buybacks
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DLF Sells Stake in Kenneth Builders to Indiabulls Real Estate
DLF Ltd., India's biggest developer, said it sold its stake in Kenneth Builders and Developers Ltd. to its equal partner in the venture, Indiabulls Real Estate Ltd. DLF and Indiabulls formed the joint venture in 2006 to develop high-end residential apartments at Okhla in New Delhi. The unit bought its only holding, 35.8 acres (14.5 hectares) of land, for 4.5 billion rupees ($114 million) from the Delhi Development Authority in the same year. ``Buying and selling land is a continuous process for us,'' Sanjey Roy, a spokesman for the New Delhi-based DLF, said in a phone interview, confirming that the transaction took place while declining to give details. Kubeir Khera, a spokesman for Indiabulls, declined to comment. DLF sold its stake for 5 billion rupees, the Economic Times said today, without saying where it got the information.
Analysis: Hain quitting will make others nervous
Despite the desire of Gordon Brown to keep Peter Hain and his often-expressed support for his colleague, once the Metropolitan Police let it be known that they were going to investigate, his resignation was inevitable. He contacted the Prime Minister at 11.30 to tell him what was happening, and he offered his resignation without hesitation. If he had not, he would have been told to go. What the Prime Minister desperately wants to avoid is for this resignation to cause a domino effect throughout the Labour Party. To that end, today's events do leave some senior Labour figures feeling rather uncomfortable. Harriet Harman (Leader of the House of Commons and Labour Deputy Leader), as we know, had to return a £5,000 donation and she also apologised when she failed to register a £40,000 home loan she used to fund her campaign.
Disputed Accord in Student Loan Case
Department officials portrayed the settlement reached with the Nebraska Education Loan Network, or Nelnet, as a defeat for the for-profit company. They noted that they were declining to pay an estimated $882 million in additional reimbursement requests that the company has pending under the same loophole, and ending future payments on such loans to other lenders as well unless the lenders can prove, through audits, that they qualify for the funds. Nelnet officials themselves, too, took issue with the department’s finding but said they had settled the case to allow the company to move on. But Congressional and other critics accused the department of going soft on Nelnet and other lenders. They blasted administration officials for failing to fully follow the recommendation of the department’s inspector general, who contended in a September audit report that Nelnet should be forced to repay all funds earned through the loophole, though which lenders were paid a 9.5 percent government subsidy on a certain class of student loans.
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