| Professor to watch: Hal Weitzman of the University of Chicago ...
For an up-and-coming academic at a top US business school, Prof Epley does not come across as a young man in a hurry. He is tall and laid-back, reflecting a background as the son of an Iowa farmer, and speaks in soothing tones with his feet up on his desk. His research looks at how people intuit others' thoughts, how good they are at it and the consequences of what he calls “mind-reading mistakes". The findings are revealing: first, people generally know less about others' views than they think they do. “For example, in experiments where people are asked which of their co-workers like them, their accuracy is barely better than if they picked them at random," he says. But does being liked at work matter? Prof Epley cites an example he knows well: the fate of Lawrence Summers, who resigned as president of Harvard sometime after Prof Epley had left his job as an assistant professor there to move to Chicago.
Domain king's rivers of gold
Trading online real estate sounds cruisy at first: buy a vacant domain, hold it until it becomes valuable and then sell it for an easy profit. And while waiting for a buyer, the owner of the domain can earn a regular stream of income by plastering the site with targeted advertising, or renting it out to someone else. But Schwartz, a university drop-out who is in his mid-50s and lives in Florida, said the hard part was choosing undervalued names, as most of the obvious web addresses such as sex.com were snapped up years ago and would now cost millions to obtain. In fact, sex.com is the most expensive web address and sold for more than $US12 million in 2006. The next most valuable name is Porn.com, which sold for $9.5 million last year, while diamond.com went for $US7.5 million in 2006.
Autonomy and funds to grow for Nassau Health Care
The Nassau Health Care Corp. is expected to gain new operating flexibility today and a $95-million gift when the county legislature approves a new pact between the medical entity and the county.
"This brings much-needed financial stability to the NHCC, lets them continue their mission and helps protect Nassau against any future unforeseen expenditures," said County Executive Thomas Suozzi.
The measure will allow NHCC, a public benefit corporation whose mission is to serve the county's poor, to make preconditioned sales of parts of its properties at the A. Holly Patterson Extended Care Facility in Uniondale and at the Nassau University Medical Center in East Meadow without the need to seek legislative approval.
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