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India can produce drugs at a fraction of what it costs to make them in the West. Indian chemists can reverse engineer a patented molecule within months. Copies of global brands like Pfizer's top-selling cholesterol drug Lipitor and Bristol-Myers Squibb's popular anticlotting drug Plavix were...

Tuesday December 23, 5:32 pm ET By David Zielenziger NEW YORK (Reuters) - U.S. corporations are picking up the pace in shifting well-paid technology jobs to India, China and other low-cost centers, but they are keeping quiet for fear of a backlash, industry professionals said. Morgan...

Johnny Carson once told the reporters that his long and successful career was mostly a result of luck. "But when the opportunity comes, you have to be ready." he added. :p

Not anymore. They made it Y2K compliant by upgrading Pigeon version 1.999 to Dove 2.000 at the beginning of this millennium. :p

Few weeks ago, I was amazed to find out that a fresh grad from a top univeristy in China earns about US$160 per month at Shenzhen. In US, if you are over 40 and unemployed, it is very hard to land another good job. In China, the cutoff age is 35. :eek:

Chase has moved their accounting department to India over six months ago. :eek:

Internet has expedited the globalization process. To certain extent, it has leveled the playing field. Just finish watching BBC news. A European country(Estonian) has passed a law: All Kindergarten students MUST learn to surf the Internet. The world is changing. We must adapt or...

That is the real problem in US now. Most Science Ph. D. have a very hard time in finding a job related to their study or research. A lot with strong Maths and/or computing background have gone to Wall Street. Science Magazine joked about the creation of a new academic status: "Postdoc...

I am just wondering: How do these Ramen Noodles taste like ? :p

Normal distributions are, of course, not the norm. However, Gaussian functions have a lot of nice mathematic properties that allow theorists to come up with analytic solutions. The central limit theorem helps too. :p

Once upon a time, a man was joking and laughing with his friends in a bar. He would have a duel the following day. One of his friends asked: "Do you worry at all ? " He replied: "Not at all. I can hit a small bottle 100 yards away with a pistol." His friend snapped: " Yes, I know...

About eighteen months ago, I planned to buy ten contracts of QQQ Call. Because of some typing errors, I bought the Put. I immediately sold it at a loss of $50 plus commission. Then, QQQ dropped from 29 to 25 within next few weeks. I guess something is not meant to be ....... :p :p...

There was no euro seven years ago. You means USD, JPY, GBP, DEM, CHF, etc. ? :p

If you put $5,000 in a brokerage account, the attached Microsoft Word document gives the account values for different returns compounded monthly. :D :D :D :p :p :p

If you have been working as a full-time employee in the last six months, your employers should have been paying the unemployment insurance for you. After 911, if you have exhausted six months unemployment benefits, you can get another three months from the Federal government. In both...

Yes. The wash sale rule should not affect the tax on capital gains if a) you close all positions on November 30, 2003 and do not trade until January 1, 2004, OR b) you close all positions on December 31, 2003 and do not trade until February 1, 2004. For safety sake, it is better...

14. Does trading the options on the QQQ, DIA or SPY get 1256 tax treatment similar to cash settled index options? ANSWER: Yes, the options on the QQQs and the other exchange-traded options of index stocks are subject to the provisions of IRS Code Section 1256. On the other hand, if you...

Fri November 28, 2003 04:29 AM ET GENEVA (Reuters) - The United States has been given nine more days to abide by a World Trade Organization (WTO) ruling that its steel import duties are illegal, postponing the threat of retaliatory sanctions, trade officials said on Friday. WTO states...

11/28 Markets Close Early - 1:00 pm ET (Extended Stock hours until 2:00pm) :p

A related article: Dell drops some tech calls to India By Ed Frauenheim CNET News.com November 24, 2003, 2:08 PM PT After receiving customer complaints, Dell has stopped sending U.S. technical support calls for two of its corporate computer lines to a Bangalore, India, call center...