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Juan Williams: For America’s children, education outlook grows only dimmer
Thirty percent of America’s high school students drop out and never graduate. Fewer than half of the nation’s black and Hispanic students graduate on time from high school. The scandalous bottom line here is that more than 1 million students drop out of American public schools every year. That works out to more than 6,000 students every day and one student every 26 seconds. Education in America, particularly big-city education, is in crisis. Historians are already describing the decline of public education as a threat to the nation’s economy and military. And when the tragic scale of harm to racial minorities is considered, the education crisis is aptly labeled as the greatest civil rights challenge of the 21st century. I am the host of a half-hour video documentary, produced by education reform activist Kyle Olson, telling the story of how a Democrat — Chicago Mayor Rahm Emanuel — is risking his political life... Read more
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U.S. to Force Drug Firms to Report Money Paid to Doctors
WASHINGTON — To head off medical conflicts of interest, the Obama administration is poised to require drug companies to disclose the payments they make to doctors for research, consulting, speaking, travel and entertainment. Many researchers have found evidence that such payments can influence doctors’ treatment decisions and contribute to higher costs by encouraging the use of more expensive drugs and medical devices. Consumer advocates and members of Congress say patients may benefit from the new standards, being issued by the government under the new health care law. Officials said the disclosures increased the likelihood that doctors would make decisions in the best interests of patients, without regard to the doctors’ financial interests. Large numbers of doctors receive payments from drug and device companies every year — sometimes into the hundreds of thousands or millions of dollars — in exchange for providing advice and giving lectures. Analyses by The New York Times and others... Read more
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North Korea's leader will not last long, says Kim Jong-un's brother
The eldest son of North Korea's late leader Kim Jong-il has predicted the regime would soon fail, with or without reforms, according to a new book that the author says is based on emails and interviews with Kim Jong-nam. The book says that Kim Jong-nam – who has never met the new leader, his half-brother Kim Jong-un – described the dynastic succession as "a joke to the outside world", and said even his father had originally opposed the hereditary transfer of power. "The Kim Jong-un regime will not last long," Kim Jong-nam is said to have written, forecasting a power struggle. "Without reforms, North Korea will collapse, and when such changes take place, the regime will collapse." He added: "I think we will see valuable time lost as the regime sits idle fretting over whether it should pursue reforms or stick to the present political structure." The claims emerge in a book by Yoji... Read more
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American Express Unveils the 2012 Lunar New Year Gift Card
NEW YORK – In celebration of the 2012 Lunar New Year, American Express today announced a new Gift Card design for the Year of the Dragon. The limited edition Lunar New Year Gift Card, exclusively from American Express, is available for purchase online with a free-shipping offer until January 31, 2012, at americanexpress.com/gift. “For the third year in a row we have collaborated with the internal Asian Network at American Express to bring to life a unique gift card that celebrates the rich culture of several segments of the Asian community,” said Simran Kalra, Vice President and General Manager, E-Commerce with American Express’ Global Payment Options business. “American Express is excited for what the New Year will bring and we are proud to recognize Asian tradition through the release of this Gift Card.” The Lunar New Year Gift Card features an intricate dragon image and traditional flower pattern background. The Lunar New Year Gift Card... Read more
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Care for Asian-American Heart Attack Patients Improves:Get With The Guidelines Hospitals
(GLOBE NEWSWIRE) -- Care for Asian-American heart attack patients treated in hospitals in the American Heart Association's Get With The Guidelines (R)-Coronary Artery Disease program improved between 2003-08 and, with few exceptions, is comparable to care for whites. The research is reported in Circulation: Cardiovascular Quality and Outcomes, an American Heart Association journal. The findings are similar to other studies on blacks and Hispanics that found participation in the Get With The Guidelines quality improvement program reduced care gaps due to racial and ethnic disparities. "Equitable quality care is possible across racial and ethnic groups, through quality improvement programs such as Get With The Guidelines," said Feng Qian, M.D., Ph.D., the study's lead author and a research assistant professor in the Department of Anesthesiology at the University of Rochester Medical Center in New York. "This improved care is more significant and sustainable the longer hospitals participate in the program." Qian said Asian-Americans represent... Read more
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Elite Asian students cheat like mad on US college …
BANGKOK, Thailand — From sleep to social lives, there is little Asia’s most upwardly mobile students won’t sacri?ce for education. Though they belong to the so-called “Asian Century,” American colleges remain the premier destination for the elite from Shanghai to…
The Payroll Tax Cut Extension: How It Affects The …
In an act of astonishment, House Republicans agreed to a two month extension of the payroll tax cuts before they were set to expire on Dec. 31, 2011. Congressional stalemates appear to have been the norm in 2011, which included…
President Obama’s advantage: people personally lik…
Perusing a batch of ugly poll numbers for President Obama back in August, I pointed out that there were enough nuggets of hopeful news for him that he could still pull off an electoral victory. One of those was his…
What happened with personal finance in 2011
As 2011 wraps up, let’s look back and reflect on the good, the bad and the ugly when it comes to personal finance. One of the good things was the opening of the Consumer Financial Protection Bureau, which will promote financial…
Chow gets his chance at Hawaii
It's long been one of the difficult questions college football fans ask: Why won't anyone give Norm Chow a chance to run a program? Chow, widely considered one of the best offensive minds in college football history, got plenty of…
Asian Americans: A Growing Political Force
In recent weeks, references to Latino and Asian political participation and representation have been qualified with the phrase "more than ever before." In the past two weeks alone, there have been news stories on the growing number of Latino candidates…
Army Charges 8 in Wake of Death of a Fellow G.I.
One night in October, an Army private named Danny Chen apparently angered his fellow soldiers by forgetting to turn off the water heater after taking a shower at his outpost in Afghanistan, his family said. In the relatives’ account, the soldiers…
North Korea mourns dead leader, son hailed as "Gre…
SEOUL (Reuters) - North Koreans poured into the streets on Monday to mourn the death of iron leader Kim Jong-il as state media hailed his untested son as the "Great Successor" of the reclusive state whose atomic weapons ambitions are…
As markets plunge, Asia's wealthy flock to art
In a spacious, luxury apartment perched on the leafy hills of Hong Kong, Kai-Yin Lo browses through a trove of Chinese art acquired over several decades, reflecting how her niche, scholarly pursuit has now hit the mainstream. Despite giddy Chinese art…
Pell grants: fewer of them under budget deal
College students taking longer than six years to obtain their undergraduate degree would have their Pell grants cut off next school year under a $1 trillion budget bill passed Friday in the House. Millions of students each year receive Pell grants, which are offered to low-income…
THE world's next debt threat could be called the C…
Mercantilism was a doctrine that flourished from the 16th to the 18th century. It held that the treasure accumulated measured a nation's wealth. To this end, trade was regulated to maximise exports and minimise imports. China's business model has followed this…
Voter ID laws discriminate against new Americans
Margaret Fung, executive director of the Asian American Legal Defense… A Texas law requiring voters to show identification at the polls was the subject of a hearing two years ago. This new voter ID requirement would create hardships for Asian Americans,…
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