The jobless rate has declined a bit in the last year, but among veterans who served in conflict since 2003, it is increasing. The unemployment rate for vets serving since the Iraq war began has risen 1.5 percentage points to more than 12 percent in the past year.
Many veterans say they face a tougher job market than civilians. Tom Tarantino spent a decade in the military, where he served in Iraq and led a platoon. But when he separated from the military in 2007, he spent nearly a year looking for a job.
Launching a new company is never easy. But in the beginning, the founders of Web-based marketing firm Bluebox Now felt they were on track. The Seattle startup lined up a large paying customer, had a lot of other great leads and was reasonably confident it would get a sizable amount of outside funding. A lot has happened since then.
The world's largest supporter of AIDS programs has made an ominous announcement: Due to the global financial crisis, it is well short of its fundraising goals.
The Global Fund to Fight AIDS, Tuberculosis and Malaria pays for more than half of the world's HIV medicine, and supports hundreds of education and advocacy programs worldwide. With World AIDS Day on Thursday, many are worried about what that means for the future of the war on AIDS.
At the beginning of last year, Mahmoud Reza Banki's future looked bright. He was a senior associate at the prestigious consulting firm McKinsey and Co., and had been accepted to the Wharton School of Business at the University of Pennsylvania.
But Banki, 35, was arrested in January 2010 and charged with accepting large money transfers from Iran that violated U.S. sanctions against that country.
This upcoming weekend, a team of German explosive experts and members of the army are scheduled to defuse an unexploded bomb found in the city of Koblenz in Germany. The bomb — with 3,000 pounds of explosives — is a remnant of World War II that emerged in the Rhine River because of low water levels.
As if that wasn't curious enough, authorities ordered half of the city's residents — 45,000 people — to leave, while they get the job done.
Keeping off the pounds is tough at any age. Now seniors are getting a helping hand from the Centers for Medicare and Medicaid Services, which has announced that it will cover screening and counseling for obesity as a free preventive service for Medicare beneficiaries.
Iran has been dealing with economic sanctions for years, but the country could soon face measures tougher than anything it has encountered before: Legislation moving through the U.S. Congress would target the central bank of Iran, with the likely effect of severely limiting Iran's oil exports.
Such sanctions would almost certainly damage Iran's economy. The challenge would be to make sure other countries are not hurt as well, given the fragile state of the global economy and the tight global oil market.
We've heard a lot about Solyndra, a solar panel maker that went bankrupt despite lots of federal subsidies. But on Wednesday, a solar installation company and one of the country's biggest banks announced a billion-dollar project to put solar systems on the roofs of military housing. And they're doing it without the kind of federal help Solyndra got.
When SolarCity CEO Lyndon Rive came up with a plan to put solar on the rooftops of military housing around the country, he was sure he'd need federal backing to get loans for such a big project.
Originally published on Wed November 30, 2011 4:28 pm
For the past few years, the travel site Expedia has conducted a survey about the world's vacation habits and like in years past, this year's survey found that the United States is one of the countries that gives its workers fewer vacation days and one of the countries in which workers leave the most number of vacation days unused.