With 950 reporters and 79 bureaus, Bloomberg competes to break news with Dow Jones, Reuters and Bridge News along with newspaper Web sites, dozens of smaller Internet sites, and even gossipy chat rooms. Alex Berenson Read Quote
Financial news services and other media organizations get press releases 15 minutes before they are distributed to the general public, fueling a furious competition among the news services to rewrite them for their subscribers during their window of exclusivity. Alex Berenson Read Quote
African runners regularly work out in the United States and Europe, and the International Olympic Committee sends some of the cash from the Games to Olympic committees in poor nations, which use the money to finance their own programs. Alex Berenson Read Quote
Higher productivity enables companies to increase sales without adding workers. Even if job markets tighten and wages rise, corporate profits can continue to climb as long as worker productivity is growing faster than overall wages. Alex Berenson Read Quote
Business cycles lengthened greatly during the 20th century, as central banks learned to manage national economies by raising and lowering interest rates. Alex Berenson Read Quote
The stock prices of networking equipment companies like Cisco Systems and Nortel Networks sometimes seem as if they are priced for perpetual success. Alex Berenson Read Quote
Automated call centers are only the most obvious way speech recognition will be used. The software is now becoming sophisticated enough to identify speakers through ‘voiceprints,’ akin to fingerprints, eventually reducing the need for personal identification numbers. Alex Berenson Read Quote
Big companies, which spend tens of billions of dollars annually on ‘call centers’ to take orders and provide customer support, increasingly rely on speech recognition not just to handle requests for information but to process customer orders. Alex Berenson Read Quote
Short sellers sell stock they have borrowed, hoping to buy it back later when its price has fallen. Alex Berenson Read Quote
