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Archive for October 9th, 2005


Sunday, October 9, 2005
Court Ruling Could Mean That Blackberrys Lose E-Mail Service in U.S.
By Dave Berns
"A court decision has renewed the possibility that service to BlackBerry wireless e-mail devices might be cut off for most users in the United States," reports The New York Times. "The U.S. Circuit Court of Appeals in Washington rejected Friday a request by Research in Motion, the Canadian company that makes the BlackBerry, to rehear its [...]
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Sunday, October 9, 2005
Scientists: "The Planet Is Getting Hotter; Man Is To Blame"
By Dave Berns
"As one study after another has pointed to carbon dioxide and other man-made emissions as the most plausible explanation, the cautious community of science has embraced an idea initially dismissed as far-fetched. The result is a convergence of opinion rarely seen in a profession where attacking each other's work is part of the process. Every [...]
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Sunday, October 9, 2005
Business Week Online Offers Tips on Finding Lower Air Fares
By Dave Berns
"Expect to pay more than you did last year to travel during the holidays. Peak fares will rise even more than usual — thanks to spiking fuel expenses and the fact that several major carriers are in bankruptcy. (Delta Air Lines (DAL ) and Northwest Airlines (NWACQ ) filed just last month.) But you can [...]
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Sunday, October 9, 2005
Newsweek's Samuelson: Wealth Effect May Be Disappearing
By Dave Berns
"While everyone is now worrying about the economic impact of Katrina and Rita—on consumer confidence, energy prices, inflation and the federal budget—the real story may be whether the afterburner is flaming out," economist Robert Samuelson writes in Newsweek.
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Sunday, October 9, 2005
Gold Hits 18-Year High
By Dave Berns
"Gold may extend its longest rally of the year, topping the highest prices since 1988, as investors stock up on bullion as a hedge against accelerating inflation, a Bloomberg survey showed," reports Bloomberg News.
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Sunday, October 9, 2005
Inflation Fears Hit Wall Street
By Dave Berns
"Oil prices fell substantially last week, yet the stock market dropped to its lowest levels since early July. People who are used to seeing stocks rise as oil prices fall could very well wonder what happened. Richard Fisher happened," writes The Associated Press. "Fisher is the president of the Dallas Federal Reserve Bank and, as [...]
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Sunday, October 9, 2005
Major League Baseball Expects Fresh Spending Spree on Players
By Dave Berns
"Spending a lot, rather than spending smart, seemed to be the way to baseball's post-season this year. And 2006 may belong to the big spenders too," writes CNN/Money. "Four of the six first-place teams this year were the top spenders on player salaries within their divisions. One of the big-spending teams not to finish first, the [...]
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Sunday, October 9, 2005
Special Report: Illegal Human Pipeline Feeds Iraq's Labor Needs
By Dave Berns
"American tax dollars and the wartime needs of the U.S. military are fueling an illicit pipeline of cheap foreign labor, mainly impoverished Asians who often are deceived, exploited and put in harm's way in Iraq with little protection," reports The Chicago Tribune. (Registration required to access story. No fee.) "The U.S. has long condemned the practices [...]
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Sunday, October 9, 2005
San Francisco Tourism Industry Continues Post 9-11 Rebound
By Dave Berns
"The number of passengers passing through San Francisco International Airport increased each month this year compared with 2004. Meanwhile, hotels are filling up more than they have in years, and guests are paying higher prices for rooms," reports The San Francisco Chronicle. "For the seven months that ended in July, the most recent numbers available, [...]
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Sunday, October 9, 2005
Newspaper Rips Mayor's Plan to Expand New Orleans Casino Industry
By Dave Berns
" … Mayor Ray Nagin's vision of a downtown casino district running along the city's prime business corridor and one of its most-storied streets is a dreadful idea. This is not what the new New Orleans should be. "The mayor admitted Friday that he is desperate to kick-start the city's economy, and his proposal certainly [...]
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