The euro zone economy took a step closer to recovery this month as the rate of decline in the bloc’s private sector eased more than expected, a business survey showed on Thursday. But in an indication of the hurdles left to scale, Spain’s unemployment surged to 26 percent in the fourth quarter, a record high since measurements began in the 1970s, as a prolonged recession and deep spending...
The New Old Age Blog: Grief Over New Depression Diagnosis
Label: HealthWhen the American Psychiatric Association unveils a proposed new version of its Diagnostic and Statistical Manual of Mental Disorders, the bible of psychiatric diagnoses, it expects controversy. Illnesses get added or deleted, acquire new definitions or lists of symptoms. Everyone from advocacy groups to insurance companies to litigators — all have an interest in what’s defined as mental illness —...
The New Old Age Blog: Grief Over New Depression Diagnosis
Label: LifestyleWhen the American Psychiatric Association unveils a proposed new version of its Diagnostic and Statistical Manual of Mental Disorders, the bible of psychiatric diagnoses, it expects controversy. Illnesses get added or deleted, acquire new definitions or lists of symptoms. Everyone from advocacy groups to insurance companies to litigators — all have an interest in what’s defined as mental illness —...
Media Decoder Blog: A Resurgent Netflix Beats Projections, Even Its Own
Label: Technology9:12 p.m. | Updated For all those who have doubted its business acumen, Netflix had a resounding answer on Wednesday: 27.15 million.That’s the number of American homes that were subscribers to the streaming service by the end of 2012, beating the company’s own projections for the fourth quarter after a couple of quarters of underwhelming results.Netflix’s growth spurt in streaming — up by 2.05 million...
Cameron Defends Decision to Seek E.U. Vote
Label: WorldPARIS — Prime Minister David Cameron of Britain on Thursday defended his decision to seek a referendum on his country’s membership in the European Union, saying his goal was to reform the 27-nation bloc, not to retreat into isolation. “This is not about turning our backs on Europe, quite the opposite,” Mr. Cameron told an audience at the World Economic Forum in Davos, Switzerland, ““It’s...
Jan
23
DealBook: Allergan to Buy MAP Pharmaceuticals for $958 Million
Label: BusinessAllergan has agreed to pay nearly $1 billion to acquire MAP Pharmaceuticals and gain full control of its experimental treatment for migraine headaches, the two companies announced Tuesday night.The purchase price of $25 a share in cash is a 60 percent premium over MAP’s closing price on Tuesday of $15.58 a share. The deal, valued at $958 million in total, suggests that Allergan has considerable faith...
The New Old Age Blog: Study Links Cognitive Deficits, Hearing Loss
Label: HealthThere’s another reason to be concerned about hearing loss — one of the most common health conditions in older adults and one of the most widely undertreated. A new study by researchers at Johns Hopkins Medicine suggests that elderly people with compromised hearing are at risk of developing cognitive deficits — problems with memory and thinking — sooner than those whose hearing is intact.The study...
The New Old Age Blog: Study Links Cognitive Deficits, Hearing Loss
Label: LifestyleThere’s another reason to be concerned about hearing loss — one of the most common health conditions in older adults and one of the most widely undertreated. A new study by researchers at Johns Hopkins Medicine suggests that elderly people with compromised hearing are at risk of developing cognitive deficits — problems with memory and thinking — sooner than those whose hearing is intact.The study...
DealBook: Microsoft May Back Dell Buyout
Label: TechnologyThe effort to take Dell private has gained a prominent, if unusual, backer: Microsoft.The software giant is in talks to help finance a takeover bid for Dell that would exceed $20 billion, a person briefed on the matter said on Tuesday. Microsoft is expected to contribute up to several billion dollars.An investment by Microsoft — if it comes to pass — could be enough to push a leveraged buyout of the...
IHT Rendezvous: A Crystal Award for Charlize Theron
Label: WorldDAVOS, Switzerland — The actress Charlize Theron and two documentary filmmakers received awards for their humanitarian work as the World Economic Forum opened in Davos Tuesday.Ms. Theron, who won the best actress Oscar in 2004 for the film “Monster,” was honored Tuesday for her work fighting H.I.V. among impoverished young people in South Africa, where she was born.Ms. Theron’s appearance was a...
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