Clinton wants to double tech visas

Article Abstract:

Pres Bill Clinton has announced a plan to increase the number of temporary visas for foreign technical workers to 200,000 annually in the next three years in order to address the labor shortage affecting the computer industry. Estimates indicate that information technology jobs are increasing by 140,000 yearly. Government policymakers are concerned that the labor shortage could result in higher wages and inflation if not addressed.

Electronic Computer Manufacturing, Government domestic functions, Computers

---

New Disney movie goes filmless on some screens

Article Abstract:

Walt Disney Co's new movie 'Dinosaur' will be screened using digital light processing (DLP) technology in 15 participating theaters from Boston, MA, to San Francisco, CA. The May 19, 2000 premiere will be the largest field test to date for the DLP technology, which has already been used for such films as 'Tarzan' and 'Star Wars, Episode I: The Phantom Menace.' DLP is expected to permit worldwide film delivery via fiber-optic cable, satellite or DVD disk, a development that will save the industry $1.8 billion a year in film distribution and development.

Services information, Motion Picture and Video Industries, Motion Picture & TV Production, Walt Disney Co.

---

Traders abandon euro, embrace dollar's safety

Article Abstract:

Traders handed the euro, Europe's single currency, its largest-ever percentage drop in their rush to buy dollars. The european currency tumble as much as 2.5% against the dollar. It dropped more than 2 cents, dropping as low as 83.30 cents before recovering to 83.76 cents. Its previous low was 84.39 whichwas set on Sep 20, 2000. The debacle was triggered by the announced of the European Central Bank head Wim Duisenberg that the central banks would not intervene if a war in the Middle East resulted in sharp movements in exchange rates. The announcement gave traders a signal to pile out of the euro and into the dollar.

Market information - general, Open-End Investment Funds, Money Market Invest Funds

Similar abstracts:

• Abstracts: New businesses blunt pain of frustrating insurance claims. Insurers step in to give doctors advice. Want a CAT scan? Step right in
• Abstracts: 3Com drops modem line to focus on Internet. Hurry up and wait: Net access is sluggish
• Abstracts: Uninsured seniors charged more for prescription drugs. E-world fuels U.S. economy, report says. No Medicare age, cost hike
• Abstracts: MCI WorldCom eyes British wireless phone company. Deutsche Telekom bids for Qwest, US West. GTE, Bell Atlantic to merge in $53B deal
• Abstracts: Software start-up is using phone message technology. The future, through Microsoft's glasses. Renting software and the skills to go with it

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.