Saturday, February 26, 2011
Shares Climb as Oil Prices and Supply Concerns Ease
Shares Climb as Oil Prices and Supply Concerns Ease
Mark Flannery wrote the article, ``Shares Climb as Oil Prices and Supply Concerns Ease `` on the New York Times on February 25, 2011. My interest in this article comes from my major, economics. It deals with changes in one of the biggest determinants of economic growth, oil price; therefore making it very informative and appealing.
The article elucidates the effects of rising oil prices on different giant corporations and on the U.S. economy. The writer mentions that war and unrest in Libya, 5th biggest oil producer in Africa, is taking a toll on many other countries and businesses. The writer specifically draws the examples of Boeing, which has suffered a 2.8% decline in its share prices. Economic analysts think the major reasons behind the decline are rising oil prices and proportionately smaller rise in sales. The writer also discusses about the effects of increasing oil prices on the U.S. economy. Analysts calculated the US economy grew at a rate of 2.8% last year compared to the predicted rate of 3.2%.
However, the author only refers to the short-term consequences of an increase in oil prices. In the long run many other factors come into play. For example, an alternative to oil as a non-renewable resource to power industries. Thus I am left with a major question; what are the long-term effects of such an increase in oil prices?
Friday, February 25, 2011
Anyone Need a new limb?
No More Flu anyone?
Thursday, February 24, 2011
Pet stores see healthy sales of organic food; Independent shops are stocking more of the premium-priced brands
In this article they discuss the pet food movement. Lately more organic and holistic choices have been appearing on the selves of pet food stores. As the years go by, pets are becoming less as our property and more as our family members. This also is influencing how we take care of them. BY providing our pets with natural pet foods, people are hoping that this will help extend the lives of our pets, as eating healthier would extend our lives as humans. But with increased value comes increased prices. One reporter predicted a 15% increase on this multibillion-dollar industry.
This makes a lot of sense to me as a pet owner. You would not feed a child a mystery food, so why would you feed your pet a food you knew nothing about? Dogs are omnivorous and need a completely balanced diet in order to keep their internal structures running smoothly. Cats on the other hand are carnivores, so they should not have any corn or wheat products in their diet, yet many cat foods use these as fillers. So even though these foods come at an increased cost, it would be worth it to keep your pet at their optimal health.
The Home With No Energy Bills
The article was interesting to me because it showed a practical approach to building green by using materials that can be easily found and used a house that was actually a mobile home.
After reading the article would you say that the Colorado University Solar Decathlon team approached the project in a way that was in fact practical?
www.servicemagic.com/articles.show.The-Home-with-No-Energy-Billss.14002.html
FDA Clears iPhone, iPad, Radiology App
I was interested in using this article for this Biz Buzz assignment because it is different from articles I used in the past. This is the first time software has been approved by the FDA for use by doctors to aid in medical diagnoses.
What measures should be taken to ensure patient’s privacy? What would prevent an unauthorized person from taking the iPhone/iPad and viewing private medical records? Do you think the benefits out-weight the risks?
http://www.lexisnexis.com.proxy.library.oregonstate.edu/lnacui2api/auth/checkbrowser.do?rand=0.7990547490848645&cookieState=0&ipcounter=1&bhcp=1