Archive for January, 2012

31 Jan

Antitrust Official Gets Stampeded By Big Beef

Story By: by Frank Morris At sale barns, like this one in Kingsville, Mo., cattlemen still bid openly for breeding stock. Meatpackers once bought on the open market, too. Dudley Butler is quitting his job tomorrow. Never heard of him? He’s President Obama’s appointee to run the division of the U.S. Department of Agriculture that [...]

31 Jan

Tide may be turning at bourses

Dubai: We’re now seeing the first signs that the tide may be turning for the UAE markets. Although further confirmation of strength is needed in the price action of both markets, last week’s performance is promising. Dubai Last week the Dubai Financial Market General Index (DFMGI) rallied 78.07 or 5.88 per cent to close solid [...]

31 Jan

Skin transformed into brain cells

Skin cells have been converted directly into cells which develop into the main components of the brain, by researchers studying mice in California. The research group, at the Stanford University School of Medicine in California, is looking at another option – converting a person's own skin cells into specialist cells, without creating "induced" stem cells. [...]

31 Jan

Dana Gas reports net profit of Dh506m

Dubai: Dana Gas posted higher fourth-quarter and yearly profits on Monday, largely due to an increase in production and higher oil prices. The company, which faces a $1 billion sukuk maturity in October, made a full-year net profit of Dh506 million, up from Dh158 million in 2010.  Shares in Dana Gas were up 2.7 per cent [...]

31 Jan

‘Invisibility cloak’ breakthrough

Researchers have "cloaked" a three-dimensional object, making it invisible from all angles, for the first time. Prior metamaterial approaches sidestep these effects simply by channelling light around an object, using carefully designed structures that bounce light in a prescribed way, like a pinball machine. By contrast, plasmonic materials can be designed to have effects on [...]

31 Jan

Mutual Fund Fees on Display

By JOE LIGHT and BEN LEVISOHN Purveyors of actively managed mutual funds say their strong performance and flexibility warrant the higher fees they charge. But when markets are moving sideways for long periods, fees take on even more importance. Over 10 years, an investor with $200,000 already invested and $20,000 in yearly savings could end [...]

31 Jan

Polly Want an Insurance Policy?

Tim Evans/Saturn Lounge for the Wall Street Journal (macau); Eli Meir Kaplan for The Wall Street Journal (cat and dog) Faces of the insured: Big Bird, a 29-year-old macaw, had a partial wing amputation due to a bone infection before he got coverage. Insurance helped pay for Burmese cat Raisin’s pancreatitis treatment and golden retriever [...]

31 Jan

A Young Manager’s Guide to Taking Charge of Her Own Career

By NITIN GUPTA Through the last 18 months, thousands of mid-career managers have hit an unexpected speed bump in their careers. These are people in their 40s and early 50s who have suddenly found themselves out of a job. Many will never regain their lost momentum; some will find themselves permanently off the executive career [...]

30 Jan

Aryeh Spero: What the Bible Teaches About Capitalism

By ARYEH SPERO Who would have expected that in a Republican primary campaign the single biggest complaint among candidates would be that the front-runner has taken capitalism too far? As if his success and achievement were evidence of something unethical and immoral? President Obama and other redistributionists must be rejoicing that their assumptions about rugged [...]

30 Jan

Working Behind the Scenes

By SARAH E. NEEDLEMAN The Job: Museum Curator Nature of the Work: Ever been to a museum? Well, it’s these nonprofit professionals who are responsible for identifying, acquiring, arranging and protecting the various bodies of work you’ve admired. They’re also often tasked with writing descriptions and interpretations of items on display and contributing to exhibition [...]