Tom Mihalek/ReutersMark Baronowski shoveled sand from the living room of a beach front property in Bay Head, N.J., last week. Many victims of Hurricane Sandy are novices when it comes to catastrophic insurance claims. There is a sort of honeymoon period that occurs after a big storm like Hurricane Sandy, when insurance executives appear on the local news offering reassuring words. Their brightly...
Nov
08
A Transfer of Power Begins in China
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Exclusive: Google Ventures beefs up fund size to $300 million a year
Label: TechnologySAN FRANCISCO (Reuters) - Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google Ventures into the top echelon of corporate venture-capital funds. Access to that sizeable checkbook means Google Ventures will be able to invest in more later-stage financing rounds, which tend to be in the tens of millions...
College hoops season starts with a military flair
Label: LifestyleThe college basketball season gets under way Friday with a game at a Europe military base, two more aboard Navy ships and another featuring a reshaped national champion playing in a brand new building.No. 14 Michigan State plays Connecticut, in its first game since the retirement of coach Jim Calhoun, at Ramstein Air Base in Kaiserslautern, Germany. It's the first game between Division I teams held...
Doctor and Patient: Comparative Effectiveness Studies Lack Impact
Label: Health“Comparative effectiveness” studies, which compare one treatment for a particular illness against another to determine which works better, have received a lot of attention and billions of dollars in federal support in the last few years. But when I mentioned comparative effectiveness research recently to a colleague who I know is particularly interested in treatments and the clinical trials behind...
News Analysis: For Obama, Housing Policy Presents Second-Term Headaches
Label: BusinessA second-term president may be just the person to tackle America’s housing problems.When President Obama first came into office, home prices were crashing, foreclosures were soaring and the previous Bush administration had just initiated the bailout of Fannie Mae and Freddie Mac, the government-backed entities that agree to repay mortgages if the original borrower defaults.With the market in shambles...
Nov
07
Obama’s Other ‘Cliff’ Is in Foreign Policy
Label: WorldFor all the talk of a “fiscal cliff” threatening the nation’s finances, President Obama also faces a foreign policy cliff of sorts, with a welter of national security issues that he put on the back burner during the campaign now clamoring for his attention. Atop that list, administration officials and foreign policy experts say, is the bloody civil war in Syria and the standoff with Iran...
Apple slides to five-month low, uncertainty grows
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Luck among players shaving head to support Pagano
Label: LifestyleINDIANAPOLIS (AP) — Andrew Luck has joined the shaved squad, too.Nearly three dozen players on the Indianapolis Colts have shaved their heads in a show of support for head coach Chuck Pagano, who is undergoing treatment for a form of leukemia.Luck became a new member of the no-hair club Wednesday morning. Players and coaches were not available for comment because they were headed to Jacksonville,...
A Collective Effort to Save Decades of Research at N.Y.U.
Label: HealthThe calls started coming in late on Tuesday and early Wednesday: offers of dry ice, freezer space, coolers. By the end of Thursday there were dozens more: A researcher at Weill Cornell Medical College would clear 1,000 tanks to save threatened zebra fish; another, at Cold Spring Harbor Laboratory, promised to replace some genetically altered mice that were lost; and a doctor at the Children’s Hospital...
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