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Archive for May, 2006
Wednesday, May 24, 2006 Immigration bill plods along By Ian Mylchreest There are signs that some rough sort of compromise is emerging on Capitol Hill over the immigration issue. Whether there is enough will to push it through is another question.
If it does get over the line, one part seems likely to be a computerized verification system for green cards and Social Security numbers, reports the New [...]
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Wednesday, May 24, 2006 PBL will run an IPO for Macau By Ian Mylchreest The Macau joint venture between James Packer's Publishing and Broadcasting Ltd and Lawrence Ho's Melco International Development Ltd. will float about 20 percent of its casino business in the Chinese gambling precinct, reports Bloomberg. The IPO will be listed on NASDAQ and investors will be able to buy 20 percent of the joint venture.
That venture [...]
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Tuesday, May 23, 2006 Quick Hits for Tuesday By Steve Sebelius Oh, blogosphere, how we’ve missed you! And have we so much to tell! (We’re saving our Republican state convention coverage for this week’s CityLife, but we’ll toss in one Quick Hit now to whet your appetite for the Thursday paper. Thus we begin with…
• The most offensive piece of jewelry ever. Glimpsed on a table [...]
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Tuesday, May 23, 2006 Sad housing saga is almost over By Ian Mylchreest The sorry story of rigged accounting at Fannie Mae is drawing to a close, reports the New York Times. The regulators have completed a final report on the company's accounting back into the 1990s and sources tell the paper a deal to settle the complaints will be announced this afternoon.
The basic charge remains that the [...]
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Tuesday, May 23, 2006 The divorce is official By Ian Mylchreest The Laborers International Union is leaving the AFL-CIO, reports Associated Press. The split is about national politics and strategy, not workplace issues. If the other "Change to Win" unions are any example, the divorce at the national level will have a pretty small impact on the state and local level where most everything is done except [...]
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Tuesday, May 23, 2006 Holidays will bring a bigger crunch at the airport By Ian Mylchreest It's not looking like a great summer to be traveling. What's working out well for the airlines may not be great for passengers.
Planes promise to be as full as they've been at any time since World War II when troops were flying home, reports the New York Times. Apart from that morbid fear of being jammed [...]
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Tuesday, May 23, 2006 Big three get ready for Asian deal By Ian Mylchreest There's been a sea change in attitudes in Singapore, reports the New York Times. From a seedy and run-down but fading colonialism of the 1930s to the almost fascist efficiency of the 1970s and 1980s when Lee Kuan Yew ruled, the island-state is now trying to get the benefits of a small whiff of decadence.
The [...]
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Monday, May 22, 2006 It's a genuine phenom By Ian Mylchreest The critics laughed and bad-mouthed the movie, but "The Da Vinci Code" showed over the weekend what a strong brand it is. It had the second best box-office ever for the first weekend in North America, pulling in $77 million, and worldwide it raked in $224 million, reports the Los Angeles Times.
"With a start like this, [...]
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Monday, May 22, 2006 It isn't just the money By Ian Mylchreest If you want to see why illegal immigrants have no trouble finding work when they come to the United States, take a look at this story. A landscaper in Southern California is struggling to find workers to take the jobs at $34 an hour, reports the Los Angeles Times.
That's extreme and the jobs require some skill [...]
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Friday, May 19, 2006 Brits emerge as tough foreign competition By Ian Mylchreest These days we mostly think of Asia or South America as the place where work will be outsourced but in the gaming industry, it is the British we should fear, reports BusinessWeek. The government there has decided to dispense with any moralizing and to regulate and tax the online gambling business that is flourishing in [...]
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