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Top college endowments and projected losses
The top five university endowments, with values as of June 30, according to 2008 NACUBO Endowment Study, followed by projected endowment performance and consequences. 1. Harvard: $36.6 billion. Planning for a loss of 30 percent. Department heads in main...
San Francisco Chronicle

Wheat export from May likely: USDA
A recent report of the USDA has projected that India may ease the nearly two-year-old ban on wheat shipments in May.
The Economic Times

Financial Model Audit Spin-Off Thrives on Financial Doom and Gloom
SYDNEY, AUSTRALIA--(Marketwire - January 26, 2009) - Navigator Project Finance Pty Ltd todayannounced the launch of its spin-off company, Corality Pty Ltd. The newmanagement of Navigator and Corality anticipates the spin-off to result ina quantum shift of delivery of financial model audit services.Navigator's model audit division has experienced a vast activity increasesince the start of the global credit crisis. This is due to stronger globalrequirements for financial scrutiny, and significantly more risk-aversedebt and equity markets. To account for the increased demand and widerclient base, Navigator has spun-off its Financial Model Audit and ExcelConsulting Division into a new independent company called Corality Pty Ltd.Rickard Wärnelid is the new Managing Director of Corality.
Marketwire

ZAP Alias three wheel electric vehicle unveiled
ZAP has shown a pre-production version of its three-wheeled, all-electric Alias roadster at the National Automobile Dealers Association annual conference and exposition in New Orleans. The company, which is best known for its small-footprint, low-emissions, low-speed electric cars and trucks for urban use is looking to get on the highway with its latest creation. The preliminary specs for the two-seater Alias give it a top speed of 105 mph, acceleration of 0 - 60 mph in 7.8 seconds and a range of over 100 miles on a single charge. Throw in a sculptured low slung design, gull-wing style doors and a price point predicted to be under the USD$35K mark and you have another promising prospect for the soon to explode EV marketplace...Tags: Battery Electric Vehicles, Electric, Plug-in, Three Wheel, ZAPRelated Articles: Prototype completed for new ZAP electric truck ZAP brings Alias highway electric car project closer to reality New design proposed for T-REX three-wheel street racer Build
Gizmag

Social Responsibility Fund agreement with Value Partners to enhance CSR in the Middle East
UAE. Agreement to support social projects that contribute to the development of society through the promotion of cooperation between the government and private sectors, and to participate in social community initiatives.
Business Intelligence Middle East

Petrochemicals - Mexico - Pemex CEO: US$10mn investment for Ethylene XXI in 2009
Mexico's Ethylene XXI petrochemicals project in Coatzacoalcos, Veracruz state, and complementary works will require a US$10mn investment in 2009, state oil company Pemex CEO Jesús Reyes Heroles told a...
BN Americas

Rise of the Machines
Max Dama was 17 years old when he decided to become a "quant." He was already interested in finance, thanks to his father, a real-estate investor, but it wasn’t until he worked on an independent project developing a video game for a college competition, (Dama’s job was to program the behavior of virtual animals acting in groups inside the game - his team won first place), that he saw the intersection between finance and artificial intelligence."The two just mix naturally," Dama told me recently. Now 19, Dama is a sophomore at Cal Berkeley, where he is developing a computer-based model that uses "machine learning," a branch of artificial intelligence (AI), to identify patterns in asset prices. He is currently testing his model at the Interactive Brokers Collegiate Trading Olympiad, an investing competition for students that runs for eight weeks, concluding on March 6th. After college, Dama hopes to land a job on Wall Street before starting his o
CBC.ca

SCHIP Provided Health Insurance to 7.4 Million Children in 2008
Some 7.4 million children were enrolled in the State Children's Health Insurance Program (SCHIP) in 2008 - a four percent increase over the previous year, the U.S. Department of Health and Human Services announced today. The announcement comes as Congress is debating reauthorization of SCHIP, which is projected to expand coverage to an additional four million children.read more
emaxhealth.com

Help Wanted: CEO Needs Job
Americans across the country are coping with unemployment. In our 'Help Wanted' project, we've asked listeners who are looking for work to share their stories. Senior producer Steve Proffitt has the story of one such listener: a former CEO now searching for a new job.
NPR

Dubai Dreams Sour - Expats forced to skip and Oil spills continue
The global downturn has turned dreams to nightmares for many expats in Dubai. Dubai developers are shedding staff as fast as orders and projects are canceled. (...)
International Property Investment

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