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Cheap rents: A lucky break in tough times

Cheaper rentals have become a lucky break for some people during the current economic crisis. Rents are dropping and are forecasted to fall further during the current year.

More Full Tuition scholarships offered by the University of Chicago Booth School of Business

The University of Chicago Booth School of Business today announced creation of the Barclays Global Retail and Commercial Bank Fellowship Program which will provide full-tuition scholarships each year to four incoming MBA students from Africa, South Asia and countries with emerging economies.

6.5 million households unprepared for DTV switch

As we approach the era of digital television, Nielsen research reports that around 6.5 million U.S. homes would see static on their TV's if the analog shutoff date was today.

The World Won't Buy Unlimited U.S. Debt

Barack Obama has spoken often of sacrifice. And as recently as a week ago, he said that to stave off the deepening recession Americans should be prepared to face trillion dollar deficits for years to come.

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European Universities Maintain Constant Level of Excellence, Says the Times Higher Education

Under pressure from increased competition from Asian universities, as well as a perennially good showing from its US competitors, European universities have demonstrated a hardy ability to hold their own in 2008, according to the world’s definitive survey of educational institutions.

Missile attacks kill 18 in Islamabad

On Friday two suspected U.S missile attacks claimed the lives of 18 people in Pakistan just east of the Afghan border.

Hacker wins court review

A British court ruled on Friday that a man who hacked into US military computers will be giving permission for a judicial review against his extradition to the United States.

French Business Schools Storm Global Top 100, Says Survey of MBA Recruiters

Four French business schools from the world’s top 100 produce the caliber of graduates most attractive to international recruiters, according to the Global Recruiters’ Top 100 Business Schools Report. The report, released next week by the MBA information specialists QS TopMBA.com, uniquely sources the opinions of the world’s leading international MBA recruiters, a methodology that has made it inc...

Record Responses Underline Growing Importance of World University Ranking System

The new edition of the Times Higher Education-QS World University Rankings 2008 indicates an increasing acceptance of the importance of these rankings by the international higher education community and those that employ graduates from the top universities in the world.

Disney reshuffling ABC units

The Walt Disney Co. said Thursday it is restructuring the Disney-ABC Television group, by merging ABC Entertainment and ABC Studios, according to media reports.

Mitchell appointed as Middle East envoy

The former US Senator and Northern Ireland envoy George Mitchell, the man chosen by President Obama, has been appointed as Middle East envoy by new US Secretary of State Hillary Clinton.

AIG launches sale of Asian arm to global bidders

American International Group Inc. launched the sale of its Asian life insurance unit, American International Assurance Co. yesterday, aiming to rise up to $20 billion that will help the bank repay a $60 billion debt with the U.S. government.

Obama 5th left-hand President 35 years

Did you know that President Barack Obama is left-handed?

Toyota to mulls bringing iQ microcar to U.S.

Toyota Motor Corp. is considering bringing its model iQ microcar to the U.S. but did not say when.

Sarah Palin in book deal

Sarah Palin may be ready to tell her story in print, according to reports.

Phelps takes home sportsman of the year honors

On Thursday, US Olympic Committee (USOC) named Michael Phelps, who made Olympic history with a stunning sweep of eight swim gold medals at the Beijing Games as the Sportsman of the Year.

President Obama sets new rules on first day

Today President Barak Obama set out his ethics and salary rules.

Obama signs executive order to shut down Guantanamo Bay

President Barack Obama signed an executive order on Thursday to require that a military prison in Guantanamo Bay be closed within one year.

Smaller Stimulus Leaves Room For Restructuring

As all recovery hopes are now pinned on the efficacy of Washington's next stimulus package, President Obama has opened the bidding at $825 billion. Most Republicans

John Travolta blackmailed with cellphone photo of dying son

John Travolta and his wife Kelly Preston are being blackmailed - just weeks after their son Jett died from a seizure.

U.S. stocks hammered by Microsoft report, economy worries

U.S. stocks fell Thursday after being up and down yesterday on quarterly reports from Microsoft and jobless and housing data in the U.S. which signaled the recession is deepening.

Kennedy withdraws senate bid over ailing uncle

In a surprising move, Caroline Kennedy stepped out of the race to replace Hillary Rodham Clinton in the U.S. Senate.

Initial Jobless claims beat forecasts, match 26 year high

The number of first-time jobless benefit claims rose to the highest level in 26 years as companies shed jobs in the midst of a steep economic recession.

President Obama to order closure of Guantanamo

According to a report, two government officials the, President is expected to give orders soon regarding the closure of Guantanamo. They also say the President will begin overhauling U.S. national security policy on Thursday.