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Archive for July, 2006
Tuesday, July 18, 2006 Inflation heats up By Ian Mylchreest The Labor Department’s Producer Price Index rose 0.5 percent, more than economists predicted, reports the New York Times. The rise comes on the heels of a 0.2 percent jump in May.
And that means we could be starting to hear the “S” word sometime soon.
Not to put too pessimistic a spin on things, the faltering consumer economy [...]
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Tuesday, July 18, 2006 Storefront clinics are the next big niche By Ian Mylchreest Entrepreneurial ideas that cut medical bills are at odds with traditional medical practice again. At least, that seems to be the significance of the increasing number of storefront clinics setting up in major chain stores. Wal-Mart, Target and many others are getting into the act, reports the Los Angeles Times.
Various start-ups now own 150 such [...]
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Tuesday, July 18, 2006 SEC ready to move on options timing By Ian Mylchreest The apparently popular practice of timing options within a month or even a year, a practice that was once given the seal of approval from Big Four accounting firms, is about to have its day in court, reports the Financial Times. At least 60, mainly tech companies, are in the crosshairs, although HealthUnited also came [...]
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Tuesday, July 18, 2006 Poll questions By Steve Sebelius A word about polls: It all comes down to the methodology and sample size. The larger the sample, the more accurate the result, provided you’re asking question of the right voters. (Inveterate voters, the ones who not only say they’re going to vote on Election Day but who actually have voted on past election days, [...]
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Tuesday, July 18, 2006 Israel must destroy Hezbollah, weapons source By Len Butcher Day 7 in the battle between Israeli forces and Hezbollah. And of course more so-called experts and politicians flooding the airwaves telling whomever will listen just what should be done, will be done and who’s to blame.
I don’t know how much interest this has to the American public, but it should rate a 10 in [...]
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Monday, July 17, 2006 Sports-betting exec scores own-goal By David McKee BetOnSports big shot David Carruthers may soon have plenty of time to ponder Mark Twain’s adage that it’s better to keep silent and be thought a fool than speak up and remove all doubt. On July 15, as the U.S. House of Representatives was dropping the hammer on Yankee ‘Net betting, the BetOnSports CEO “told [...]
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Monday, July 17, 2006 Quick Hits, on Chanos, Cox, tax lies, extortion and TV! By Steve Sebelius You know what’s tasty? A burrito stuffed with rice, black beans, sour cream, salsa and big chunks of Quick Hits! We’ll take ours ranchero style!
• Attorney General George Chanos read the law about re-importing Canadian prescription drugs so narrowly, he ruled the program illegal in a decision that was immediately and vigorously ignored by [...]
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Monday, July 17, 2006 Corporate Overlords sued in California By Steve Sebelius You know how in James Bond movies, there’s an evil villain trying to take over the world? And how in 1999’s Tomorrow Never Dies the villain was media mogul Elliot Carver, (Jonathan Price)?
Readers, meet the real-life Elliot Carver, MediaNews CEO William Dean Singleton. Like his cinematic counterpart, Singleton has bought up a lot of [...]
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Monday, July 17, 2006 Sleeping with the devil By Len Butcher I have been following with great interest, as I’m sure many of us have, the ongoing developments in the Middle East. As someone who has spent a lot of time in that part of the world, I find it interesting listening to the coverage by both the cable station and networks. You can almost tell [...]
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Friday, July 14, 2006 Retail sales slip again By Ian Mylchreest The government reported Friday that retail sales in June slipped 0.1 percent, reports the Associated Press. It’s the second month were sales have dropped and analysts are blaming it all on gas prices.
If you take gas out of the equation (for which we were all paying more and buying less), the drop in retail sales [...]
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