News tagged with economic crisis

Rethinking investment risk

Financial innovation is supposed to reduce risk—in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same ...

dateAug 26, 2013 in Economics & Business
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Can solar energy help save Greece?

What happens to renewable energy programs in a country that gets whacked by a full-scale debt crisis, like the one that struck Greece beginning in 2009—do the programs whither and die in the winds of austerity? And how ...

dateAug 14, 2013 in Energy & Green Tech
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Soft PC sales send Microsoft profit down 29 pct

(AP) -- Microsoft Corp. said Thursday its profit in the last quarter plunged 29 percent because of weak computer sales, ending a fiscal year in which the software maker's revenue fell for the first time since ...

dateJul 23, 2009 in Business
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Giant pudding was royal Christmas treat

Details of a ten-ton Christmas pudding, created to offset the blues of the Great Depression, have been rediscovered by University of Manchester historians.

dateDec 23, 2013 in Other
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