Quoted: A study recently conducted at the Massachusetts Institute of Technology (MIT) showed for the first time that artificially created stem cells can be used to treat Parkinson’s disease. In another research project conducted at the Imperial College in London, scientists identified the source of nerve cells in the embryo. The findings of these research projects have led scientists to believe stem cells can be used in new therapies for Parkinson’s disease.
[tags: pd, stem cells]
Quoted: Light emitting diodes, or LEDs, are widely used today in a variety of devices – they are often integrated in remote controls and toys, and are commonly used for street and traffic lighting. However, so far, LEDs have not become popular in the mainstream consumer market, probably because LED light sources emit strange ‘disturbing’ colors, and because they are significantly more expensive than traditional incandescent light bulbs. LSG says its new LED product line solves both of these issues, delivering a combination of high energy efficiency and light quality in a "cost effective" way.
Quoted: "Rock star physicist" Brian Cox talks about his work on the Large Hadron Collider at CERN. Discussing the biggest of big science in an engaging, accessible way, Cox brings us along on a tour of the massive project.
Quoted: Pangaeaa is an innovative online community for unsigned, unpublished and undiscovered talent.
UBS, the largest Swiss bank, said Tuesday that it expected to cut about 5,500 jobs, including 2,600 in its investment banking unit, as it announced a first-quarter loss of about $10.9 billion.
The bank also said it was planning to sell $15 billion dollars of distressed mortgage assets to the asset management company BlackRock and that they would close down the bank's institutional municipal bond business in the United States.
UBS, which has been the hardest hit of all European financial institutions in the credit crisis that began last year, reported a first-quarter loss of 11.5 billion Swiss francs. That was in line with its previous estimates, but it represented a sharp turn from a net profit of 3.0 billion francs in the first quarter 2007.
Quoted: UBS to cut 5,500 jobs after first-quarter loss
[tags: business, UBS, switzerland, banking]
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