German Economy Enters Worst Recession in 12 Years

European stock markets are panicing today as investors learn that Germany, Europe's largest economy, has officially fallen into recession. In morning trading Britain's FTSE 100 was down about 1.3 percent and the...

Quest Diagnostics Reports Growth in Revenue and Earnings for Third Quarter 2008

"the world's leading provider of diagnostic testing, information and services, announced that for the third quarter ended September 30, 2008, adjusted income from continuing operations increased to $0.86 per...

Jazz removes life vests to save fuel and forgets to inform passengers

I guess i don't need that life vest, the seat inflates right?"Air Canada's regional carrier Jazz has removed inflatable life vests from its planes to save weight, a spokeswoman said. The airline carries both floatation devices (seat cushions) and life vests, and the...

Panasonic F1 T108 Mid-Season Assessment Review :: The EDJE

" Panasonic Toyota Racing Team at the French Grand Prix – celebrating a podium finish of their T108 driven by Jarno Trulli. Image Credit: Toyota Motorsport Panasonic F1 T108 Mid-Season Assessment...

Housing sales slowdown spares West -- for now

"WASHINGTON - Sales of new homes plunged last month to their lowest level in more than 12 years, a grim testament to the problems plaguing the housing sector. The Commerce Department reported Friday that new-home...

German unemployment at 14yr low

"Germany 's jobless rate fell to 8.8 percent in September, its lowest level in over 14 years, showing Europe's largest economy is in good health despite financial market turmoil and a strong euro. Unemployment fell for the 18th month running, the Federal Labour Office said on...

Does NYT Twist Data: Economic spin?

Very interesting exchange between writer and blogger."The New York Times has to work very hard to make the performance of the economy during the past few years look bad. This morning, David Cay Johnston did his...

$100,000 Worth of Terrornoia: Airport X-rays for People

"Sure, it only takes a minute..." "Oh, if they can catch a bad guy with it then I guess it's OK..."No. It is not OK. It is invasive, pointless, and yet another milestone in  terrornoia and bureaucrat-controlled security, where an airport is willing to even consider...

New home sales climb 3.4 percent in Nov.

"By MARTIN CRUTSINGER, AP Economics Writer 1 hour, 49 minutes ago WASHINGTON - Sales of new homes bounced back in November and have now posted increases in three of the past four months, a hopeful sign that this year's severe drop in housing may finally be coming to an end....

imp terms

"FORTAN:(Formula Translator) A high level programming language used mainly to solve scientific and engineering problems G-77: The Group of 77 (G-77) was established in 1964 by seventy-seven developing countries signatories of the "Joint Declaration of the Seventy-Seven...

Final Sept retail sales rise 0.3 pct

"U.S. retail sales rose in September as lower gasoline prices and a soaring stock market bolstered consumer spending, according to final data by SpendingPulse on Monday. Americans splurged on clothes and back-to-school items last month, offering retailers' hopes of a solid...

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