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Archive for October 16th, 2005
Sunday, October 16, 2005 Special Sunday media-crit edition! By Steve Sebelius Everybody's getting into the media-criticism act these days! We at Various Things & Stuff try to keep the daily papers honest because that's our job — even though we're owned by the same folks who put out the Las Vegas Review-Journal, a frequent target of our critiques.
But today, our good friend and colleague Jon [...]
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Sunday, October 16, 2005 Wall Street Awaits Earnings Season By Dave Berns "Wall Street is hoping that this week's cascade of corporate earnings reports will help the markets overcome an October scare prompted by increasing concerns that economic growth could skid to a halt," reports The Associated Press.
"Investors are still worried that the economy may not be able to sustain itself if high gasoline and heating costs [...]
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Sunday, October 16, 2005 Suppliers Working To Increase Flu Vaccine Availability By Dave Berns "The supply of vaccine for the coming winter's flu season may be the biggest in the country's history, but with vaccination clinics barely underway, it is too early to know if it will be enough to meet the demand," reports The Washington Post.
"Total supply could be as high as 97 million doses, about a third [...]
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Sunday, October 16, 2005 Americans Increasingly Turning To Credit Cards To Pay Bills By Dave Berns " 'The Plastic Safety Net: The Reality Behind Debt in America' found that in low- and middle-income households, whites have the highest amount of credit card debt, over African Americans and Hispanics," reports today's Washington Post.
"Non-Hispanic Caucasians had an average credit card debt of $8,972, compared with $7,926 for African Americans and $6,432 for Hispanic [...]
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Sunday, October 16, 2005 Buyers And Targets Of Mega-Deals Employ New Tactics By Dave Berns "Companies involved in hostile takeovers have long used a strategy of signing up many big investment banks as advisers if only to deprive their opponents of these services. But private equity firms have taken this tactic to a new level," reports The New York Times. (Registration required. No fee for access.)
"Sellers may begin to fight [...]
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Sunday, October 16, 2005 Southwest Airlines Faces Higher Fuel Prices, Lower Profits By Dave Berns "Most critically, the hedging contracts that have protected Southwest from spikes in the price of oil will offer less protection starting in January. (Registration required. No fee for access.)
"Paying market prices for a third of its fuel needs could add as much as $600 million to its bill next year, according to an analysis [...]
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Sunday, October 16, 2005 Fresh Petrodollars Sloshing About World Economy By Dave Berns "Remember petrodollars, those oil riches that sloshed around the world after the price of crude soared in the 1970's and 1980's? Well, they're back," reports The New York Times. (Registration required for access. No fee required.)
"As oil prices have charged ahead, the United States and other oil importers have transferred hundreds of billions of dollars [...]
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Sunday, October 16, 2005 NPR Audio: Oil Prices Up; But Not Necessarily Spreading Throughout Economy By Dave Berns "Consumer prices jumped sharply in September, recording their biggest increase in more than 25 years. Soaring energy costs fueled most of the increase. But other signs suggest the steep rise in fuel prices isn't spreading to the rest of the economy — at least not yet," reports NPR.
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Sunday, October 16, 2005 U.S.-Chinese Officials Begin Talks By Dave Berns "Top U.S. economic officials, led by Treasury Secretary John Snow and Federal Reserve Chairman Alan Greenspan, began talks with their Chinese counterparts Sunday on rancorous economic issues, including Beijing's currency controls and its huge and growing trade surplus," reports The Associated Press.
"The talks followed a meeting of financial leaders of the world's leading economies that [...]
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Sunday, October 16, 2005 Some World Leaders Fear Google Earth Images By Dave Berns "Indian President A.P.J. Abdul Kalam expressed concern Saturday about a free mapping program from Google Inc., warning it could help terrorists by providing satellite photos of potential targets," reports The Associates Press.
"Google Earth, an Internet site launched in June this year, allows users to access overlapping satellite photos. Although not all areas are highly detailed, [...]
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