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    BUSINESS NEWS

    U.S. economic growth slows in fourth quarter; corporate profits fall

    A man pushes his shopping cart down an aisle at a Home Depot store in New YorkBy Lucia Mutikani WASHINGTON (Reuters) - U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. Corporate profits from outside the United States fell at an 8.8 percent rate, the steepest decline since the 2007-2009 recession. "Slower profit growth could mean slower investment in the coming months," said Thomas Costerg, an economist at Standard Chartered in New York. For all of 2014, after-tax corporate profits fell 8.3 percent, the largest annual drop since 2008.




    Best Buy warns of profit hit as it consolidates Canadian stores

    The sign outside a Best Buy store is seen on a snowy day in Boulder, ColoradoBy Nandita Bose CHICAGO (Reuters) - Best Buy Co Inc plans to close some stores and consolidate its operations in Canada, the U.S. electronics retailer's second-largest market, in a move that will hurt earnings this year, the company said on Saturday. The retailer said it will close 66 of its Future Shop brand stores in Canada and convert 65 of them to Best Buy brand stores. The move to a single brand will cut 500 full-time and 1,000 part-time jobs, and cost the company about US$200 million to US$280 million in restructuring charges, Best Buy said. Best Buy also said it plans to spend C$200 million (US$160 million) to improve its online operations in Canada, increase staffing at remaining stores, and launch a range of home appliances, among other initiatives.




    EDUCATION

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      The Sun-Earth Day theme for 2006 is the total solar eclipse on March 29th. This web site is ... ASK AN EXPERT. Here is your opportunity communicate with two of our Sun-Earth Day experts on Education ...
    2. Vermont.gov - Education
      "... about living, working, visiting, and doing business in Vermont , and to Vermont state government ... Access Government 24/7 • About Vermont.Gov • Ask a "
    3. Alaska Student Loans - ACPE Home
      "Alaska Commission on Postsecondary Education and Alaska Student Loan Corporation - ACPE ... Why choose Alaskadvantage Programs? As your state higher education assistance agency, we offer ... "
    4. EED - No Child Left Behind
      Alaska has entered its second decade of school reform where ... Alaska's State Plan. Key Components ... Ask Your Question About NCLB: Assessment: Education ...
    5. Department of Education - NJ Parents
      "New Jersey Department of Education ... DOE Info.
    6. Department of Education - Administrative Code
      New Jersey Department of Education ... State Board of Education. » New Jersey Statutes Annotated (N.J.S.A.) 18A The State ... DOE Info.
     
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    ECONOMY NEWS

    US economy slows in fourth quarter

    The Commerce Department's third estimate of GDP growth on Friday was left unrevised at an annual rate of 2.2 percent following the third quarter's blistering 5.0 percent paceThe US economy slowed in the final quarter of 2014, with a sharp gain in consumer spending driving growth, but the outlook for the first quarter is even dimmer. As the Federal Reserve mulls raising near-zero interest rates this year, the Commerce Department's third estimate of gross domestic product (GDP) growth Friday was left unrevised at an annual rate of 2.2 percent following the third quarter's blistering 5.0 percent pace. Growth in consumer spending, which accounts for more than two-thirds of output in the world's largest economy, was revised upward to 4.4 percent, the strongest gain in nearly nine years, from 4.2 percent. The personal consumption expenditures price index, the Federal Reserve's preferred inflation measure, fell at an annual rate of 0.4 percent after a 1.2 percent rise in third quarter.




    Before close election, UK's Cameron says got some things wrong, but got economy right
    British Prime Minister David Cameron on Thursday conceded he'd made mistakes during his five years in power during a special pre-election interview, but implored voters to give him a second term to finish the job of rebuilding the economy. Opinion polls indicate neither Cameron's Conservatives nor the opposition Labour Party will win an overall majority on May 7 as millions of voters turn to Nigel Farage's anti-EU UKIP party and the separatist Scottish National Party (SNP). Subjected to his toughest cross-examination in years by veteran journalist Jeremy Paxman, Cameron appeared uncharacteristically unsettled and conceded he'd broken a pledge to cut immigration and hadn't cut the deficit fast enough.

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    WEATHER NEWS

    Mexico sets 25 pct pollution cut by 2030 for climate talks
    MEXICO CITY (AP) — Mexico has become the first developing nation to submit pollutant reduction goals for next fall's Paris climate change talks, pledging Friday to cut greenhouse gas and short-lived climate pollutants 25 percent by 2030.

    Tackling Climate Change -- For Our Kids

    Tackling Climate Change -- For Our KidsIf you have children or grandchildren, you probably have wondered what the world will be like for them in 20 or 30 years. Will it be a better place? Will climate change upend their lives?It's something I have thought about a lot since I became the president of the World Bank Group in July 2012. Within my first few months on the job, I was...




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