| Business News |
Fannie Mae, Freddie Mac shares tumble on bailout fears
(Reuters)
Reuters - Shares of Fannie Mae and
Freddie Mac slid at the open on Thursday, on mounting
fears that the two mortgage finance companies may need a
government bailout, which would wipe out shareholder value.
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Analysts see tough quarter for U.S. investment banks
(Reuters)
Reuters - Wall Street research analysts are
projecting yet another tough quarter for U.S. investment banks
marked by additional writedowns across a series of fixed-income
assets amid an already weak operating environment.
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Lehman outlook dims on failed sale report
(Reuters)
Reuters - The outlook for Lehman Brothers Holdings
Inc darkened further on Thursday as a newspaper
reported that an intended asset sale had collapsed and a
Citigroup analyst forecast big losses for the group.
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Nasdaq falls more than 1 pct as oil gains
(Reuters)
Reuters - The Nasdaq extended losses on
Thursday, falling more than 1 percent as resurgent crude oil
prices pushed above $120 per barrel, heightening fears about
the durability of business and consumer spending.
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Barnes & Noble profit falls, cuts year sales view
(Reuters)
Reuters - Barnes & Noble Inc posted a
smaller-than-expected drop in quarterly profit on Thursday, but
cut its full-year sales forecast, citing a challenging
environment for book sales.
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Global stocks gain, dollar rises towards 2008 peak
(Reuters)
Reuters - World stocks edged higher on Wednesday
after the previous day's tumble to their lowest level in almost
two years attracted some buyers, while rebounding commodity
prices helped resource shares.
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| Technology reshapes America's classrooms - 07, Jul 2008 |
By Jason Szep
BOSTON, Massachusetts (Reuters) - From online courses to kid-friendly laptops and virtual teachers, technology is spreading in America's classrooms, reducing the need for textbooks, notepads, paper and in some cases even the schools themselves.
Just ask 11-year-old Jemella Chambers.
She is one of 650 students who receive an Apple Inc laptop each day at a state-funded school in Boston. From the second row of her classroom, she taps out math assignments on animated education software that she likens to a video game.
"It's comfortable," she said of Scholastic Corp's FASTT Math software in which she and other students compete for high scores by completing mathematical equations. "This makes me learn better. It's like playing a game," she said.
Education experts say her school, the Lilla G. Frederick Pilot Middle School in Boston, offers a glimpse into the future.
It has no textbooks. Students receive laptops at the start of each day, returning them at the end. Teachers and students maintain blogs. Staff and parents chat on instant messaging software. Assignments are submitted through electronic "drop boxes" on the school's Web site.
"The dog ate my homework" is no excuse here.
The experiment at Frederick began two years ago at cost of about $2 million, but last year was the first in which all 7th and 8th grade students received laptops. Classwork is done in Google Inc's free applications like Google Docs, or Apple's iMovie and specialized educational software like FASTT Math.
(c) 2008 Reuters
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| TAGS: Education, Online Report text item, Canada |
| Other news from Technology category: |
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NEW YORK (Reuters) - Apple Inc has issued a software update for the latest iPhone to help fix connection problems that led to a flurry of online complaints from customers, a European mobile service provider said on Tuesday as Credit Suisse reported stron
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BOSTON (Reuters) - Three students from the elite Massachusetts Institute of Technology who found a way to hack into Boston's transit system to get free rides can talk publicly about the security flaw, a court ruled on Tuesday in a decision hailed as a vic
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