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Euro plunges as credit crisis hits Europe
The inability of the EU to come up with a coordinated response to the credit crisis has caused the Euro to plunge today to record 13-month lows against the dollar. There is great uncertainty for what will happen with... No deal reached at White House, officials say
Alabama Senator Richard Shelby came out of the meeting and said there is NO Deal. He also raised his hand holding 5 pages of copy that related that this plan wont work. He related to reporters that the... BlogWorld Expo Conference Returns with Dedicated Sports Blogging Track - Mark...
Sports is something I know very little about so this could be my chance to elevate my knowledge from pitiful to below average." LAS VEGAS, Sep 15, 2008 (BUSINESS WIRE) -- BlogWorld & New Media Expo, the first and only conference dedicated to ... Fannie & Freddie bailout in the works: Congressman confirms intervention
Reports say the bailout of Fannie and Freddie is imminent."SAN FRANCISCO (MarketWatch) Rep. Barney Frank (D., Mass.) confirmed Saturday that Treasury Secretary Henry Paulson is planning government intervention to back troubled mortgage giants Fannie Mae and Freddie Mac. The... Freddie Mac Suffers $861 Million Loss
The Federal Home Loan Mortgage Corporation (Freddie Mac to you and me) is facing losses far worse than analystis predicted. The FHLM exists to create a secondary market for mortgages, and its business model seems not... Apple earnings are up 40% from last year
Apple is reporting a whopping 40% increase in revenue from just a year ago. This hike in Apple’s revenues is attributed to a surge in the sales of its two brand name products Mac and iPod. "Apple reported Mac sales... Anheuser-Busch accepts $52 billion InBev offer
The unsolicited bid by a Belgian-Brazilian brewing company has suceeding in acquiring the iconic American beer company Anheiser-Busch, putting the company in foreign hands for the first time in its history. The new... Tomatoes Get Bad Rap, Jalapenos may be salmonella culprit with 943 ill
Government health investigators had initially focused on some types of fresh tomatoes, which have been removed from menus across the country, but are turning toward jalapenos as sicknesses continue. "Recently, many... Toyota plans Prius with solar panels
" Toyota plans to install solar panels on the roof of the next generation of Prius hybrid cars, according to a report in Monday's edition of the Nikkei newspaper. The panels, which are expected to begin appearing on... Grand Theft Auto IV Brings in the Benjamins
So, a game about criminals screwing prostitutes, killing, drugs, and everything else that is despicable about society sells so much that it keeps a whole company afloat. Well, the game could have had more disgusting content; it could have been about Washington DC."Take-Two...Obama captures second round of Texas caucuses
Hillary may have won the majority vote in Texas in March, but Barack Obama will end up with more delegates from the state, based on early results from another round of weekend caucuses."Obama was comfortably ahead of...U.S. consumer-sentiment index for March slips to 16-year low - MarketWatch
It's not just the folks on Wall St. who are feeling gloomy these days." The University of Michigan/Reuters index tracking consumer sentiment dipped to 70.5 in March from 70.8 in February. The March...Netflix, LG team up to bring movies straight to HDTV
"Online DVD-rental pioneer Netflix Inc. and LG Electronics said Thursday that they're developing a set-top box that will allow consumers to stream movies and other content directly from the Web to their high-definition TVs. It's a move that could put new pressure on the...Miranda...E-Mailers of the World Beware...You might land in the Hot Seat
MarketWatch reminds us today of how E-Mails can come back to hound us. Here is a quick and to the point excerpt: "Email accounts, especially those provided by your employer, need to come with a modified set of Miranda warnings anytime you open up your Send program:...Layoff plans jump 44% to 70,672, Challenger says - MarketWatch
"WASHINGTON (MarketWatch) -- Job reduction announcements by major U.S. corporations soared by 44% to 70,672 in April after falling to an eight-month low in March, according to a monthly report released Wednesday by outplacement firm Challenger Gray & Christmas. Layoff...
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