Chinese stock markets plunge after tax increase

Wednesday, May 30, 2007 In trading Wednesday, the Chinese stock markets plunged after the government tripled a tax on securities transactions. The so-called stamp tax was raised from 0.1% to 0.3% in an effort to cool the rapidly rising market. The Shanghai Composite Index of A-shares fell 6.5%. The CSI …

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Flooding ravages Northeastern United States

Tuesday, May 16, 2006 The New England region of the United States has received the heaviest rainfall in decades leading to flooding and massive road closures. The states affected are Maine, Massachusetts and New Hampshire. A state of emergency has been declared in all these areas. The floods have also …

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Viktor Schreckengost dies at 101

Sunday, January 27, 2008 Viktor Schreckengost, the father of industrial design and creator of the Jazz Bowl, an iconic piece of Jazz Age art designed for Eleanor Roosevelt during his association with Cowan Pottery died yesterday. He was 101. Schreckengost was born on June 26, 1906 in Sebring, Ohio, United …

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IEEE approves 802.11n standard after six years

Saturday, September 12, 2009 On Friday, the Institute of Electrical and Electronics Engineers (IEEE) ratified the next generation of Wi-Fi Alliance certification known as 802.11n. The path to ratification began on September 11, 2003 with 11 major drafts of the specification over the course of six years. Even though just …

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