With all its current troubles, Pakistan has not been attracting much foreign investment recently. In fact, China seems to be the only country that's prepared to pour money into Pakistan in a big way.
But a boost in Chinese investment has sparked resentment in southern Pakistan, where activists accuse China of trying to be a new colonial power. A bomb blast recently hit near the Chinese Consulate in Karachi — an ominous sign of the rising tensions.
Despite tough economic times, Nike is about to go where it has never gone before: Its Lebron X sneakers are expected to retail for $315. That's the first time a pair of its kicks breaks the $300 barrier.
The Wall Street Journal reports that the price hike comes after the company saw some steep drops to its gross margins. But the company may be taking its customers too far. The Journal reports:
Originally published on Tue August 21, 2012 12:19 pm
It is a truth universally acknowledged that health insurance companies can be a pain for patients. What may be a surprise is that hospitals often complain, too. And the reasons aren't so different from those of consumers: Denied claims. Low reimbursement. Late reimbursement. Thickets of red tape.
NASHVILLE, Tenn. (AP) — A vocal faculty member at Tennessee State University who has opposed university leadership was taken away from a meeting in handcuffs and removed from her leadership position on the faculty senate.
Jane Davis, an English professor, was arrested by campus police on Monday on a charge of disorderly conduct, according to TSU spokesman Rick Delahaya.
The Tennessean reported (http://tnne.ws/PAq0ex ) that Delahaya said Davis became extremely disruptive and would not allow the meeting to proceed.
SHELBVYVILLE, Tenn. (AP./WMOT) — The Tennessee Walking Horse National Celebration is changing the way soring test results are handled at this year’s annual competition.
The Celebration's Board of Directors say that for the first time, results from chemical tests will be made public immediately, and result in trainers losing their trophies and prize money if caught abusing horses.
In the past, chemical test results were delayed, but this year the results will be expedited and made available during the event.
Public Radio International and the producers of TheTakeaway have announced a major format change for The Takeaway. So, accordingly WMOT will adjust the morning schedule. PRI has announced that after four years of producing The Takeaway as a four-hour program they will discontinue the early morning drive version and will present a one-hour revamped Takeaway starting on September 3rd.
New reports from the presidential campaigns show that Republican Mitt Romney last month widened his cash advantage over President Obama. But the numbers reported to the Federal Election Commission paint a more complex picture of the race and the vast amounts of money fueling the campaign.
The Obama campaign committee, Obama for America, reported raising about $39 million, almost $11 million more than was raised in July by the Romney campaign committee, Romney For President.