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Dow targets growing Middle East solar market at

Friday, May 18th, 2012

Published May 16th, 2012 - 09:35 GMTPress Release

Dow Heat Transfer Fluids, a global business unit of The Dow Chemical Company, is seeking to target the growing market for solar power in the Middle East by showcasing its innovative range of solutions at the MENASOL 2012 4th North Africa & Middle East Solar Conference & Expo. The event takes place in Abu Dhabi, in the United Arab Emirates, on 16 and 17 May 2012. The Company is exhibiting in booth # 9. 

“The Middle East is seeing significant investment in solar power as the region seeks to adopt sustainable sources of energy, a fact that is emphasized by recent… Read More

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Teenage exec raises $7 million for start-up payments company

Thursday, May 17th, 2012

By Sarah McBride

SAN FRANCISCO | Mon May 7, 2012 2:55pm EDT

SAN FRANCISCO (Reuters) - Gumroad, a start-up payments company run by 19-year-old entrepreneur Sahil Lavingia, has raised $7 million in a funding round led by Kleiner Perkins Caufield & Byers, Lavingia said in a blog post. <gumroad.com/next-steps… Read More

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Apple Shares Helped Power the Past Year’s Top Funds

Thursday, May 17th, 2012

By SUZANNE MCGEE

The stock-market rally that kicked off last October and has propelled the Standard & Poor's 500-stock index to more than a 25% advance since then has been a boon for many mutual funds that invested in some of the largest-cap growth stocks. Few have more reason to celebrate than Mark Mulholland, whose 15-year-old Matthew 25 Fund returned 23.5% to shareholders this year through March 31… Read More

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Brocade: Building a reliable foundation for expanded data center virtualization

Wednesday, May 16th, 2012

In an effort to meet the growth challenges associated with global expansion and distributed business environments, IT organizations are embracing server and storage virtualization to support business strategies that are more fluid, more cost-effective, and better able to support a dynamic workforce. As they do so, however, many organizations are finding that a more holistic data center virtualization strategy is necessary to meet the management, scalability, and reliability issues related to virtualization deployments.

The Brocade® Data Center Fabric (DCF) architecture provides a strategic foundation for transforming today's IT infrastructures… Read More

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Budget Woes Could Close Philly’s Problem Schools

Wednesday, May 16th, 2012
Story By: by Jeff Brady

Philadelphia's school district plans to close a quarter of its school buildings in coming years to eliminate a huge budget hole. But parents and activists don't trust the decision-makers. Many of them suspect the plan is a ruse to force charter schools and privatization on the district.

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VIX: So Valuable, So Misunderstood

Tuesday, May 15th, 2012

I am often frustrated when market commentators use the VIX as though it was the market's "fear gauge." Reporting its level as 19 (or 14 or 27) may be factually correct, but it can be woefully misleading when that single number is viewed as reflecting the level of unease among market professionals.

Anyone who uses a single VIX reading to calibrate bullishness, or bearishness, is making a mistake. The VIX—the CBOE market-volatility index—wasn't developed to provide such a reading. Instead, it's designed to measure the market's expectation of 30-day volatility, using a range… Read More

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UPDATE 1-US regulator unveils plan for universal broadband

Sunday, May 13th, 2012

Thu Oct 6, 2011 3:46pm EDT

* Genachowski offers plan for modernizing USF

* Cable group says gives phone companies unfair advantage

* Proposal set for agency vote on Oct. 27 (Adds comments from industry and analyst)

By Jasmin Melvin

WASHINGTON, Oct 6 (Reuters) -… Read More

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How to Buy Disability Insurance

Sunday, May 13th, 2012

By ANNA WILDE MATHEWS

Disability-insurance benefits from the workplace and the government are getting harder to come by—and that's putting more pressure on consumers to purchase their own coverage in case a medical condition keeps them from working.

But disability insurance can be confusing. Policies may include conditions that make it tough for people filing claims to actually qualify for the benefits. And some policies may limit payouts for certain diagnoses, particularly… Read More

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Are ETFs and 401(k)s a Bad Fit?

Friday, May 11th, 2012

By RACHEL LOUISE ENSIGN

When the 401(k) came into vogue in the 1980s, the mutual fund was the investment of choice. So the retirement plan was built to suit the mutual fund's particular quirks, including its once-a-day trading and the ability to buy partial shares.

More in Quarterly Investing in Funds

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US DOE energy innovation chief to resign

Thursday, May 10th, 2012

WASHINGTON | Wed May 9, 2012 4:30pm EDT

WASHINGTON May 9 (Reuters) - The head of the Department of Energy's program that funds high-tech energy projects will step down next month.

Arun Majumdar, who has served for more than two years as the director of the Advanced Research Projects Agency - Energy, or ARPA-E, will resign on June 9, Secretary Steven Chu said in a note to agency staff on Wednesday.

Majumdar's family lives in California… Read More

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