BRIEFCASE ADVANCED DIGITAL GETTING BIG GRANT.Byline: - Staff and Wire Services CHATSWORTH - International Remote Imaging Systems Inc. announced Thursday that its subsidiary Advanced Digital Imaging Research LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control has been awarded a $691,519 grant from the National Institute of Child Health and Human Development, one of the National Institutes of Health. The grant will fund a project titled Semi-Automated Prenatal Screening Using Maternal Blood, which seeks to develop an image analysis instrument that automatically detects the most common genetic abnormalities by looking only at a sample of the expectant mother's blood. This innovation would greatly reduce the cost and discomfort of prenatal screening for birth defects birth defects, abnormalities in physical or mental structure or function that are present at birth. They range from minor to seriously deforming or life-threatening. A major defect of some type occurs in approximately 3% of all births. , the company said. Herbalife's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. ex-Disney exec Los Angeles-based Herbalife International Inc. on Thursday named Michael O. Johnson, a former Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. executive, its chief executive officer. Johnson had worked at Burbank-based Disney for 17 years, most recently as president of Walt Disney International. Herbalife is a major player in the weight loss and nutrition industry. During his career at Disney, Johnson engineered the expansion of the company's worldwide video presence from 34 markets in 1986 to more than 80 markets today, and also took part in the creation of Disney subsidiaries in Europe, Asia, Africa, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and the Middle East. Viastar inks deal for First Miracle Los Angeles-based Viastar Holdings Inc. signed a letter of intent with First Miracle Entertainment Inc. to acquire First Miracle, Chairman David Dadon said Thursday. The deal is subject to majority shareholder approval, due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and the execution of a stock purchase agreement. Executive producer John Daly John Daly is the name of:
Countrywide rises in magazine ranks CALABASAS - Countrywide Financial Countrywide Financial Corporation (NYSE: CFC) is a diversified financial marketing and service holding company engaged primarily in residential mortgage banking and related businesses. Corp. said Thursday that Fortune and Forbes named it one of the nation's top performing companies in 2002. Forbes ranked Countrywide number 110, up from 183 in 2001. Countrywide was ranked number 209 in the most recent Fortune 500 ranking, up from 345 on last year's list. 30-year mortgage rates down again WASHINGTON - Mortgage rates around the country fell this week, after climbing for two weeks in a row, reflecting gyrations in financial markets over the war in Iraq. The average interest rate on a fixed-rate 30-year mortgage dropped to 5.79 percent, from 5.91 percent last week, Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. , the mortgage company, reported Thursday in its weekly nationwide survey. In the middle of March, rates on 30-year mortgages declined to a record low rate of 5.61 percent. That rate was the lowest since Freddie Mac began tracking 30-year mortgages in 1971. Records that reach back earlier than Freddie Mac's indicate that the rate is the lowest since the early 1960s. For 15-year fixed-rate mortgages, a popular option for refinancing, rates went down to 5.06 percent this week, compared with 5.21 percent last week. On one-year adjustable rate mortgages, rates edged down to 3.82 percent, from 3.84 percent registered in the previous week. Jobless claims highest in a year WASHINGTON - The number of American workers filing new claims for unemployment benefits climbed last week to the highest point in nearly a year as businesses trimmed jobs in the muddled wartime economic climate. The Labor Department The Department of Labor (DOL) administers federal labor laws for the Executive Branch of the federal government. Its mission is "to foster, promote, and develop the welfare of the wage earners of the United States, to improve their working reported Thursday that new applications for jobless benefits jumped by a seasonally adjusted Seasonally adjusted Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year. 38,000 to 445,000 for the week ending March 29 - a level last reached in the week ending April 13, 2002. Meanwhile, the Institute for Supply Management reported that its nonmanufacturing index sank to 47.9 in March, from a reading of 53.9 in February. That indicates the U.S. service sector is contracting after 13 months of growth. |
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