• The company estimates that the savings from interest payments -- a big chunk of the borrowings carry floating-rate terms -- would make up for the foregone profits from the sold assets.

    CNN: ASIA ON HIS MIND

  • It could cut the tax rate on food and reduce proposed income-tax cuts to make up the revenue shortfall, or simply cut government spending across the board.

    ECONOMIST: Australia

  • There are other non-graduation rate bonus incentives, but when I add it all up and try to make sense of it, I am left with a question: If I was the coach, would I prioritize graduation rates and risk winning, knowing I would also risk losing 97% of my bonus?

    FORBES: The Jimbo Fisher Contract Is Exhibit A For Student-Athlete Hypocrisy

  • Building of single-family homes, which make up some 60% of the market, fell 4.8% to an annual rate of 619, 000, although the department revised up its figure for February, saying starts were 5.2% higher than it had previously thought.

    BBC: US housing starts best since June 2008

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