« October 2006 | Main | December 2006 »

Nov30
Yahoo Reorganization To Include Layoffs?

Is competition a good thing? I guess it depends on who you ask. From the AP.

Yahoo Inc. is tackling its most difficult challenge since the dot-com bust with sweeping organizational changes aimed at cleaning up a mess of the Internet icon’s own making.

And stockholders are feeling it as much as anyone.

Continue Reading
Nov26
More Mortgage Applications Filed
So is this the glass half full, or half empty?U.S. mortgage applications rose sharply last week, fueled by a surge in home refinancing loans as interest rates sunk to their lowest levels in more than a year, an industry trade... Continue Reading
Nov20
Appliance Prices Dropping At Wal-Mart
It looks like more good news as the Holiday shopping season kicks into full gear. Wal-Mart shoppers got another early Christmas present on Friday when the world’s largest retailer cut prices on appliances a week after slashing them on electronics... Continue Reading
Nov17
Boeing Gets Air Force Helicopter Contract
I suppose deciding if this story is a good one or a bad one depends on which company you work for. The Air Force awarded a lucrative contract Thursday for search and rescue combat helicopters to a team led by... Continue Reading
Nov16
"Merry Christmas" Vs. "Happy Holidays"
I don't know about you, but if someone offers me a holiday greeting that I don't personally subscribe to, I still consider the sentiment a positive event. That philosophy will be tested this season. It is beginning to look a... Continue Reading
Nov15
Predatory Lenders Target Habitat For Humanity Homeowners
Boy you just hate to see this. The guiding principle of the nonprofit Habitat for Humanity, founded in 1976 to build affordable houses for underprivileged families, comes from the Old Testament: "If a brother living near you becomes poor, you... Continue Reading
Nov14
European Airbus Losing Revenue
What's that old saying? "One man's trash is another man's treasure". This is kind of like that. The biggest financial crisis in Airbus’ 36-year history could be a boon to commercial airlines. And heaven knows, they could use it.... Continue Reading
Nov13
Russia Newest Member Of World Trade Organization
I am sure this will further inflame this already touchy subject. Russia and the United States reached agreement Friday on Moscow’s entry into the World Trade Organization, but final details needed to be resolved for a formal deal to be... Continue Reading
Nov10
GM To Unveil Gas/Electric Hybrid
Alternative energy fans will love this. General Motors Corp. will likely unveil a prototype plug-in hybrid at the North American International Auto Show in Detroit in January, a local paper reported Friday. I'll try to control myself, and not drop... Continue Reading
Nov 9
Toyota Profits Up;US Auto Makers Struggle
This is just more of the same. The gap is closing. Toyota said Tuesday its net profit surged 34 percent in the July-September quarter, boosted by strong sales in the North American and European markets at a time its U.S.... Continue Reading
Nov 8
MasterCard Profits Soar. Good News?
3rd quarter profits are a-plenty here. MasterCard Inc., owner of the nation’s second-largest credit card brand, said Wednesday its third-quarter profit climbed 82 percent, reflecting increased revenue and a higher number of purchases worldwide. Some of you should give yourselves... Continue Reading
Nov 7
Consumer Borrowing Declines
This is an interesting story. Consumer borrowing fell in September by the largest amount since the recession of the early 1990s, weakened by a huge drop in auto loans. So I'm wondering, is this a good thing or a bad... Continue Reading
Nov 6
Microsoft And Novell: Open Source Partnership
What's that old saying? Keep your friends close and your enemies closer. This reminds of that. Microsoft Corp. has embraced Novell Inc.’s open-source software platform, forming a technological truce between two longtime antagonists who want to make it easier for... Continue Reading
Nov 3
Wal-Mart October Sales Slower Than Expected
Apparantly those 'Pardon our dust' signs didn't work. Wal-Mart Stores Inc. on Saturday estimated that October sales rose just 0.5 percent at its U.S. stores open at least a year, hurt by disappointing apparel demand and disruption from store remodeling... Continue Reading
Nov 2
American Power Conversion Corporation Bought By French
It looks like another US company will end up in foreign hands. French electric equipment maker Schneider Electric SA said Monday it had agreed to buy American Power Conversion Corp., a U.S. manufacturer of backup power equipment, for $6.1 billion... Continue Reading
Nov 1
Celebrity Real Estate
This looks like it is in part a response to the cooling housing market. According to Forbes: (Martha) Stewart's not alone in the celebrity real estate game. In fact, several less-commercial stars — including tennis great Andre Agassi, basketballer Shaquille... Continue Reading

« October 2006 | Main | December 2006 »

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