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Saturday, May 17, 2008

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UN says world economy will only grow by 1.8%

UN says world economy will only grow by 1.8%

UNITED NATIONS (AP) - The U.N. says the world economy is "teetering on the brink" of a severe downturn and will grow by only 1.8% in 2008.

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O.K., avatar, work with me

(From The New York Times) When Nintendo released the Wii 18 months ago, it upended the notion of what video games could be. Moving beyond the sunlight-deprived young men at gaming’s core, Nintendo appealed to the rest of the world with an intuitive, family-friendly entertainment experience. Now Nintendo’s latest brainchild, Wii Fit, could send similar ripples through the home-fitness market.

Housing posts surprising rebound in April

WASHINGTON (AP) -- Construction of new homes posted the biggest increase in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades.

N.M. university president tops list to lead LSU

BATON ROUGE (AP) -- New Mexico State University president Michael Martin has been named the only finalist for the chancellor's post at LSU.

Exports value jumps during first quarter

(From The Times-Picayune) High oil and agricultural prices drove the value of Louisiana's exports up by 58% during the first quarter of this year, according to figures released this week by the World Trade Center of New Orleans.

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Some people in San Antonio are finding a new way to pay for the rising cost of gasoline, by donating blood. More people are donating plasma from their blood, to get extra cash, which will in turned be used for fuel.
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Columnists

Welcome, Albemarle headquarters
Baton Rouge will now be the corporate home for another Fortune 1000 company. Bets are this won't be the last accomplishment of its kind for the economic development team of Gov. Bobby Jindal and LED Secretary Stephen Moret. Also: more complaints about library site, reject St. Gabriel "racino", Louisiana could be the model for national reforms, grass cutting a good step toward privatization, Jindal in the national spotlight and congratulations to new chamber head Adam Knapp.

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Green Light means GO!
Three years after voters extended a half-cent sales tax to fund more than $500 million in road improvements, the first projects are under way.

Executive Spotlight

Teri Fontenot
President/CEO
Woman’s Hospital
Hometown: Clinton, Miss.
Teri Fontenot, president/CEO of Woman's Hospital, has a lot on her plate now that the medical center is preparing to break ground on a $299 million facility to be located on the present site of ...

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When cops call 911
After a string of armed carjackings, and with a sheriff’s deputy chasing him, a 47-year-old murder suspect snatched a randomly chosen 6-year-old boy from his classroom at Park Elementary to use as a hostage and a human shield.

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