Business

New York, November 20 -- According to a recent report by the Mortgage Bankers Association Thursday, delinquencies and home repossessions are rising like never before, the chief reasons being job losses and easy money lending.

Sao Pualo, November 11 -- A glitch in the world’s largest hydroelectric dam, Itaipu, plunged Brazil’s two big cities, Sao Paulo and Rio De Janeiro, into darkness Tuesday night.

Los Angeles, CA, November 19 -- In a remarkable medical breakthrough, a team of researchers from the Stanford University, Calif., claim to have developed a drug which increases the levels of norepinephrine, a message-carrying chemical in the brain, thus easing the learning difficulties caused by Down’s syndrome, a chromosomal disorder which affects 5,000 newborns in the United States each year.

New York, November 17 -- Hammered by recession, Swiss bank UBS AG Tuesday unveiled a midterm plan aimed at recovery after losses in recent quarters.

Los Angeles, CA, November 19 -- A recent study by the Graduate School of Management at the University of California, Davis, has revealed that women hold only 10.6 percent of positions in the state’s biggest companies this year.

Washington, November 10 -- The Supreme Court on Monday took up the issue of patent protection and the kind of inventions that qualify for it. The case, Bilksi and Warsaw v. Kappos, involves a method of hedging that has deep rooted implications for the software industry.