College seniors plan to move back with parents, and more

College seniors plan to move back with parents

With the job market tough to crack, 85 percent of recently surveyed college seniors said they planned to move back home with their parents after graduation.

CNNmoney.com

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Korea's kimchi crisis

In Korea, shortages have caused a 500 percent increase in the price of Napa cabbage and a 300 percent increase for domestic radishes, driving up the price of kimchi, the country’s pungent national dish. Korean newspapers are calling the kimchi situation “a national tragedy” and “a once-in-a-century crisis.”

The New York Times

Allocating medical research dollars

The U.S. spends $5.6 billion a year on cancer research, $1 billion for heart-disease research, and just $500 million on Alzheimer’s research—even though Alzheimer’s affects about one out of three people over 80.

Time

Mumbai's billion-dollar residence

Mukesh Ambani, an Indian petrochemical magnate, has built the world’s first billion-dollar residence, in Mumbai. The 27-story skyscraper, towering over the slums downtown, has 400,000 square feet of space and such amenities as a movie theater, an “ice room” with man-made snow flurries, a four-story open garden with trees, nine elevators, three helipads, and six stories of parking space for guests and 600 staff. No two floors will be alike in design or building materials.

Forbes