GOOD DAY FOR: People with leg ulcers, after a British study found that the standard treatment for the ulcers—a gel—works as well and costs roughly the same as an alternative treatment, maggots. Both treatments remove dead tissue from the surface of the ulcer, promoting healing. (U.S. News & World Report)
BAD DAY FOR: Main Street Greenwich, as the layoffs and losses at hedge funds and Wall Street banks are being felt on the Connecticut town’s Greenwich Avenue, known as the Rodeo Drive of the Northeast. Several high-end stores are packing up amid sharply declining sales. Home prices in Greenwich—the U.S. hedge fund capital—have also taken a plunge, falling 77 percent in February. (Bloomberg)
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‘The problem isn’t solved by simply swapping out the faces on screen’Instant Opinion Opinion, comment and editorials of the day
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3 officers killed in Pennsylvania shootingSpeed Read Police did not share the identities of the officers or the slain suspect, nor the motive or the focus of the still-active investigation
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Fed cuts interest rates a quarter pointSpeed Read ‘The cut suggests a broader shift toward concern about cracks forming in the job market’
