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Archive for October 2nd, 2005
Sunday, October 2, 2005 NPR Audio: Eisner Leaves Disney By Dave Berns “Friday (was) Disney CEO Michael Eisner’s last day on the job. He took over as chairman and chief executive in 1984 and transformed Disney into a media colossus. But a shareholder revolt in 2004 cost Eisner his chairman’s title and eventually, his job,” reports NPR.
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Sunday, October 2, 2005 NPR Audio: Do Hybrid Vehicles Save Money? By Dave Berns “Hybrid cars certainly save gas, but it’s debatable whether they save money for consumers,” according to a piece on National Public Radio.
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Sunday, October 2, 2005 Canada Becomes “Energy Powerhouse” By Pushing Alternative Energy Source By Dave Berns “Oil sands - also called tar sands - are found in an area almost half the size of Colorado spread across central Alberta, 240 miles northeast of Edmonton. The deposits account for roughly half of Canada’s crude oil output, or about 1 million barrels of oil a day,” reports The Associated Press.
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Sunday, October 2, 2005 Markets Await Release of Key Reports During Coming Week By Dave Berns “The Institute for Supply Management will give investors a taste of the post-Katrina economy with their September indexes. On Monday, the ISM will release its manufacturing index, a measure of the nation’s industrial activity, which is expected to come in at 52, down from 53.6 in August,” reports The Associated Press.
“And Wednesday, ISM will release [...]
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Sunday, October 2, 2005 Federal Inspectors Raise Questions About Northwest Airlines’ Safety Record By Dave Berns “It cites one incident in which mechanics failed to spot a dead bird in the engine of a plane about to leave Memphis, but a co-pilot saw it before takeoff,” report The Associated Press and Minneapolis Star Tribune.
“In another case, it said inspectors watched replacement workers in Philadelphia work through the night to replace a [...]
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Sunday, October 2, 2005 Bullish About The Stock Market’s Fourth Quarter? Maybe… By Dave Berns ” … why are so many strategists cautiously bullish about the stock market?” asks today’s Washington Post.
“Partly it’s because, crashes aside, the fourth quarter is traditionally the best one for stocks. The Standard & Poor’s 500-stock index gained 9 percent in the last three months of 2004, providing just about all of the year’s gain. [...]
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Sunday, October 2, 2005 84-Year-old Multimillionaire Recalls Small Investment By Dave Berns “Jackson, 84, is one of a few hundred investors who took a gamble on AFLAC when the firm’s founders were going door-to-door in rural Georgia selling stock on layaway. It was a risk that paid off beyond their wildest dreams, creating a whole community of millionaires in the Peach State,” writes today’s New York Daily [...]
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