China Mobile (CHL) recently revealed its plan to invest RMB 70 billion (US$10.25 billion) over the next 3 years to build, upgrade and expand its wireless network in the rural regions of China.

Since 2004, the company has spent RMB19.5 billion (US$3 billion) to extend its network coverage into the remote villages of the country.

The largest mobile carrier in the world by subscribers has signed a pact with the country's Ministry of Agriculture to include more than 10,000 villages annually under its network coverage, enabling people in these regions to access the company's wireless services by 2012. This will translate into 98% coverage of China's rural areas by the end of the 3-year term.

Additionally, China Mobile will also promote its indigenously developed 3G technology-based services in these covered territories.

China Mobile's leadership position in the global wireless market is supported by a consistently healthy Chinese economy, increased consumer purchasing power

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Liberator Medical Holdings, Inc. announced this morning that it has formed a new division to meet the educational needs of millions in the United States. The new Diabetes Self-Management Program is being led by industry veteran Evelyn P. Schumacher, MS, RD, CDE, who has agreed to serve as Vice-President of the new division, Liberator Health and Education Services, Inc., a wholly owned subsidiary of Liberator Medical Holdings, Inc.

Ms. Schumacher has more than ten years of experience in diabetes education as a registered dietitian and a certified diabetes educator. Ms. Schumacher has served as Program Coordinator/Educator for Shands Jacksonville and also served as Diabetes Educator for Baker, Nassau and Duval Counties in Florida. Additionally, Ms. Schumacher served as a speaker for GlaxoSmithKline, Bayer Healthcare, Novartis, Eli Lilly and Co, and Sanofi-Aventis. Currently, she serves as President of the Jacksonville Association of Diabetes Educators and Chair of the American Association of

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Only one of the 19 financial institutions that received a bank stress test would require additional capital, the controversial government initiative has reportedly concluded.

The identity of the bank that is alleged to have failed the bank stress test was not revealed.

The bank-stress-test findings were reported yesterday (Sunday) by CNBC.com, which said it obtained the information from a source that it did not identify. The source did not identify the company, CNBC.com reported.

“At least one firm – under the [bank] stress test assumptions – will require more capital,” the source said.

The bank-stress-test results were contained in a two-dozen-page report that the government released Friday. But the results had already been “conveyed” to the firms, meaning the bank in question is aware of the U.S. central bank’s assessment, according to the published report.

This round of bank stress tests was essentially a two-step process. The

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