Most people have had dreams of flying. Graham Hawkes had dreams of flying — underwater. Hawkes has been in the business of building underwater craft for more than a decade
Winged luxury submarines ‘fly’ underwater
Tag Archives: business
Job Forecast for College Seniors: Grimmer Than Ever
Smith College’s career office sent its jittery job-hunting seniors a letter last month with a reassuring message: “There ARE jobs, and you can find employment.” Unfortunately, there are far fewer jobs than anticipated, according to a report out today from the National Association for Colleges and Employers . The companies surveyed for the group’s spring update are planning to hire 22% fewer grads from the class of 2009 than they hired from the class of 2008, a big letdown from the group’s projections in October that hiring would hold steady. Some 44% of companies in the survey, conducted last month, said they plan to hire fewer new grads, and another 22% said they do not plan to hire at all this spring, more than double last year’s figure
‘Shovels hit the ground’ on stimulus project, Obama says
President Barack Obama said Tuesday that the country already is "seeing shovels hit the ground" on the first infrastructure repair project funded through the Transportation Department’s share of the $787 billion stimulus bill. Transportation Secretary Ray LaHood said, “The work begins today in Montgomery County, Maryland, where a work crew is starting on a project to resurface Maryland State Highway 650 — a very busy road that has not been fully repaired in 17 years.” The resurfacing contract is going to a Pennsylvania-based family-owned company, America Infrastructure, LaHood said.
Dow slumps as AIG notches record loss
Wall Street’s benchmark Dow Jones index plunged Monday to close at levels not seen since 1997 — after U.S. insurance giant AIG revealed monumental quarterly losses of $62 billion. AIG’s results came hours after the U.S
In a recession, tech gadgets become a luxury
Matthew Baron is one of those gizmo guys, the kind who covets all toys new and shiny.
Is AIG facing collapse? The losses explained
Global stock markets were reeling Monday as U.S. insurance giant AIG revealed losses of $62 billion — the largest quarterly loss in corporate history. In a statement issued Sunday, the U.S
China: Man starts eatery for disabled son
Zhao Jiuhe sweeps the floors at his dad’s restaurant, chats with customers and waitresses whom he calls "older sisters," and clears the tables. But he is no ordinary 19-year-old. Jiuhe, who suffers from cerebral palsy, could not walk until he was four or talk until he was five
Why Are Large Companies Losing More Jobs Than Small Ones?
If it feels like big companies are doing more than their fair share of letting employees go these days, that’s not just because mass layoffs at blue chip firms are the ones that make headlines. New research suggests that in times of recession, large employers disproportionately lose workers, while small companies, as a group, fare better
Do TV Commercials Make You Happier?
Human beings are innately trained to do certain basic things: Eat. Drink. And despise television commercials
NFL’s Tom Brady marries model Gisele Bundchen
Brazilian model Gisele Bundchen married National Football League star Tom Brady Thursday in an "intimate" sunset ceremony, US Weekly magazine reported on its Web site.