BusinessKnowMoreMedia: July 2006 Archives

« June 2006 | Main | August 2006 »

Jul31	Northwest Airlines Attendants Reject Contract Marta Wells July 31, 2006 Know More: Airline Industry 2.0, Airline Industry Northwest Airlines Corp.(NWACQ.PK) flight attendants rejected a wage-cutting contract, setting the stage for a possible strike. The troubled air carrier could see this happening as early as mid-August in response to their announcement to impose its own terms. The union responded by threatening actions that could even include random, unannounced strikes, according to this WashingtonPost.com article. Northwest already has permission from a bankruptcy judge to impose an earlier tentative agreement rejected by 80 percent of flight attendants in June. It said it was imposing those terms on Monday. The airline has said any strike would be illegal and they would seek a court order to block one. The latest vote on the new contract was 55 percent against and 45 percent in favor. Know More about the airline industry at TheAirlineHub.com. Posted at 6:19 PM \| Permalink \| Comments
Jul31	Barr Pharmaceuticals Inc. May Be Allowed To Make Morning-After Pill Available Without Prescription Marta Wells July 31, 2006 According to this MSNBC.com article, women over 18 may soon be able to purchase the morning-after pill without a prescription. The surprise decision revived a long-stalled application to allow the over-the-counter sale of the emergency contraceptive. Barr Pharmaceuticals Inc. (BRL)... Continue Reading Posted at 5:56 PM \| Permalink \| Comments
	POM Wonderful. Is It? Marta Wells July 31, 2006 Stewart and Lynda Resnick's POM Wonderful health juice had a beginning that was as weird as the fruit, according to this Newsweek.com article. Claims have been made in their marketing campaigns that have prompted the Council of Better Business Bureau's National... Continue Reading Posted at 5:37 PM \| Permalink \| Comments
Jul27	To Debit Card or Not To Debit Marta Wells July 27, 2006 Did you know that as soon as your credit card is swiped you are starting the interest on that balance immediately? Well, according to this Newsweek.com article that is exactly what is happening and so the trend has turned to... Continue Reading Posted at 8:43 PM \| Permalink \| Comments
	Disney Bosses Redefining the Business Marta Wells July 27, 2006 According to this Newsweek.com article, Walt Disney Co. (DIS) CEO Rober Iger and studio chief Richard Cook fired studio president Nina Jacobson and announced Disney was slashing 20 percent of its studio staff and cutting the number of films they produce... Continue Reading Posted at 8:14 PM \| Permalink \| Comments
	Kazaa Settles Lawsuit, Paying $100 Million Marta Wells July 27, 2006 Kazaa, one of the world's best known file-sharing networks and a once-popular source of illicit downloads, has reached a legal settlement with the world's four major music companies--Unverisal Music, Sony BMG, EMI Group PLC (EMIPF.PK)and Warner Music Group Inc. (WMG)--agreeing... Continue Reading Posted at 2:16 PM \| Permalink \| Comments
	Increased Gas Prices Lead to High Profits for Oil Companies Marta Wells July 27, 2006 Oil companies such as Exxon Mobil Corp. (XOM), the world's largest publicly traded oil company, have reported profits and earnings that have been stoked by increased gasoline prices. Exxon reported a second-quarter profit of $10.36 billion, its second-highest quarterly figure.... Continue Reading Posted at 10:16 AM \| Permalink \| Comments
Jul21	Computer Giant Dell Warns Stock Forecasts 30% Short Marta Wells July 21, 2006 Dell Inc. (DELL) issues a bleak warning that quarterly earnings would fall about 30 percent short of forecasts because of a slowdown in the computer market, driving stock to a nearly five-year low, according to this MSNBC.com article. Shares of... Continue Reading Posted at 1:24 PM \| Permalink \| Comments
	Top-Secret Blogger Axed Marta Wells July 21, 2006 Christine Axsmith, a software contractor for the CIA, had her blog taken down and her security badge revoked and was terminated by here employer, BAE Systems. This happened after she posted her views on torture and the Geneva Conventions, on... Continue Reading Posted at 8:37 AM \| Permalink \| Comments
Jul20	Ford Shows Loss of $123 Million in Second Quarter Marta Wells July 20, 2006 Ford Motor Co. (F) attributes its $123 million losses to slumping sales and the cost of cutting personnel. Restructuring efforts were also announced by the nation's second-biggest automaker. “We’ve seen an improvement in North America results in the second quarter,... Continue Reading Posted at 7:42 AM \| Permalink \| Comments
	Marriott Hotel Chain To Go Smoke-Free in North America Marta Wells July 20, 2006 According to this article found at MSNBC.com, hotel chain Marriott International Inc. (MAR) has decided that as of September all of its hotels in the United States and Canada will be smoke-free. The move seems to be following an industry... Continue Reading Posted at 6:53 AM \| Permalink \| Comments
Jul18	Mattel's Barbie Sales Are Slipping Marta Wells July 18, 2006 Barbie and multiple accessory and costume changes have long been the staple of little girl's play time but the computer and other distractions have led to a slip in sales. Mattel company earnings are up despite the trend, according to... Continue Reading Posted at 9:00 PM \| Permalink \| Comments
	Princess Cruise Ship Rolls, Dozens Injured Marta Wells July 18, 2006 According to this AP news story reported by MSNBC.com, a steering problem caused a new Princess Cruises ship to roll abrubtly throwing passengers and crew to the deck. Dozens were injured, two critically.The vessel, with about 3,100 passengers, had just... Continue Reading Posted at 8:22 PM \| Permalink \| Comments
	Domain Names: Are All the Good Ones Taken? Marta Wells July 18, 2006 According to this WallStreetJournal.com article there are approximately 47 million domain names that end with "com," accounting for the largest real estate chunk on the Internet.Getting a URL listed as a dot-com involves, ultimately, checking in with a database at... Continue Reading Posted at 7:42 PM \| Permalink \| Comments
	US Airways Could Make Upgrades Difficult to Get Marta Wells July 18, 2006 According to this WashingtonPost.com article the elimination of 10 seats in the first class sections on US Airways Group, Inc. (LCC) transcontinental flights would make premium seating harder to get with frequent-flier upgrades.The changes would most affect the carrier's Airbus... Continue Reading Posted at 6:41 PM \| Permalink \| Comments
Jul17	Netflix Dusts the Shelves Marta Wells July 17, 2006 Netflix, Inc. (NFLX), which boasts nearly five million members, brags that their movie rental buffet is changing the movie watching diets of Americans. They have a catalog of 60,000 films that leas man members to over estimate what they can... Continue Reading Posted at 11:00 PM \| Permalink \| Comments
	After Three Months of Up and Down, Are Markets Set to Stabilize? Marta Wells July 17, 2006 According to the WashingtonPost.com more than three years into a bull market without a major correction, investors suddenly became concerned about rising interest rates and the possibility of higher inflation or an economic slowdown. Standard and Poor's 500-stock index lost... Continue Reading Posted at 10:41 PM \| Permalink \| Comments
	Breaking Into the World of Fashion Part III Marta Wells July 17, 2006 Part I of Breaking into the World of Fashion told the story of sisters that were bucking the odds of getting your foot in the door of the fashion biz. Part II followed the Beckerman sisters and the creative process and why... Continue Reading Posted at 10:29 PM \| Permalink \| Comments
	Disney Touch Created Pop-Culture Phenomenon Marta Wells July 17, 2006 How did Walt Disney Co. (DIS) take 'High School Musical' a basic-cable TV movie and turn it into a pop-culture phenomenon? It wasn't an accident, according to this Newsweek.com article. Six months after its premiere, "High School Musical" rolls on,... Continue Reading Posted at 10:09 PM \| Permalink \| Comments
Jul14	Niche Companies Upbeat Despite Rising Costs Marta Wells July 14, 2006 According to this AP article on MSNBC, although small business owners across the country are worried about inflation some of these owners are in industries that actually benefit when costs are rising. "I feel like I'll figure out some way... Continue Reading Posted at 3:25 PM \| Permalink \| Comments
	Young YouTube Enrepreneur Takes Center Stage Marta Wells July 14, 2006 Chad Hurley and business partner Steve Chen were hiding away in a garage in Silicon Valley just 17 months ago, as they developed the quirky yet trendy Interenet video site that became YouTube Inc. During the past two days, Hurley... Continue Reading Posted at 1:59 PM \| Permalink \| Comments
Jul13	Yahoo and Microsoft Connect Instant Messaging Marta Wells July 13, 2006 According to this WashingtonPost.com article Yahoo! Inc. (YHOO) and Microsoft Corp. (MSFT) joined forces yesterday on the instant messaging front, allowing users of each system to communicate with each other and rivaling AOL's messaging system for the top spot. Users... Continue Reading Posted at 5:19 PM \| Permalink \| Comments
	Sirius Radio CEO Answers Some Questions Marta Wells July 13, 2006 Sirius Satellite Radio Inc. (SIRI) CEO Mel Karmazin seems to be getting along with Howard Stern who routinely lambasts his bosses on the air. The firm recently announced it had added 600,000 new subscribers in the second quarter, exceeding the... Continue Reading Posted at 5:04 PM \| Permalink \| Comments
	What's On the iPod Tonight Dear? Marta Wells July 13, 2006 According to this Newsweek.com article people are spending more time together-just watching different stuff. He might be hooked up to his Apple Computer Inc. (AAPL) iPod watching the latest episode of "The Office" while she is watching another show on the... Continue Reading Posted at 4:51 PM \| Permalink \| Comments
Jul11	Strong Cell Phone Signals Wanted Without Eyesores Marta Wells July 11, 2006 Cellphone towers have been disguised in church spires, artificial palm trees and even fake cactuses but with heavy cellphone usage towers are needed in the suburbs too, according to this WashingtonPost.com article. Likewise, the newer demands on the cellphone networks... Continue Reading Posted at 11:09 PM \| Permalink \| Comments
	Levi Strauss Profits Up Despite Weak Sales Overseas Marta Wells July 11, 2006 Levi Strauss, a privately owned company, posted a second quarter profit of $40 million but revenue edged down 1 percent to $953 million due to lower European and U.S. Levi Strauss Signature brand sales. Sales of the company's Levi's and... Continue Reading Posted at 7:12 PM \| Permalink \| Comments
	Google Announces Plans to Open New Facility Marta Wells July 11, 2006 Google Inc. (GOOG) company officials and Gov. Jennifer Granhold announced a new facility that will employ 1,000 people within five years to open in Ann Arbor, Michigan. The plan, which could be a significant boost to Michigan’s lagging economy, was... Continue Reading Posted at 5:09 PM \| Permalink \| Comments
Jul10	CBS and Time Warner Exec Says TV Ads Need to Target Narrow Audience Marta Wells July 10, 2006 Advertisers and marketers are scrambling to find a replacement for the old formula 30 second ad--hit as many TV channels as possible with the same ad, and are frantic with the array of short ads, long ads, infomercials and single... Continue Reading Posted at 6:53 PM \| Permalink \| Comments
	Alcoa Realizes Jump in Profits Marta Wells July 10, 2006 Due to higher aluminum prices and a sharp demand from the aerospace and construction industries Alcoa Inc. (AA) realized second-quarter profits of 62 percent. According to this MSNBC.com article, net income surged to $744 million, or 85 cents per share,... Continue Reading Posted at 6:33 PM \| Permalink \| Comments
	Kimco Realty Corp. Buys Rival for $2.9 Billion Marta Wells July 10, 2006 Kimco Realty Corp. (KIM) and Pan Pacific Retail Properties, Inc. (PNP) announce their merger in a July 10 press release. Under the terms of the agreement, Kimco will acquire all of the outstanding shares of Pan Pacific for a total... Continue Reading Posted at 6:22 PM \| Permalink \| Comments
Jul 7	Tribune Co. Battles in Newspaper War Marta Wells July 7, 2006 According to this Newsweek.com article, the Tribune Co. (TRB), nation's second largest newspaper owner, whose properties include the Chicago Tribune and the Los Angeles Times is part of Chicago's biggest newspaper war ever.The Chandler family, who hold three seats on... Continue Reading Posted at 5:06 PM \| Permalink \| Comments
	Wages Went Up In June Marta Wells July 7, 2006 Although U.S. employers added a disappointing 121,000 jobs last month, due to fear of the economy slowing and energry prices rising, wages rose sharply fanning inflation worries, according to this Yahoo.com article. To continue: Wage improvement is good for workers... Continue Reading Posted at 4:52 PM \| Permalink \| Comments
Jul 5	Manhattan Condo Prices Increase Even As Sales Slump Marta Wells July 5, 2006 According to this MSN MoneyCentral article Manhattan apartment prices have been boosted to new records in the second quarter despite a 14.8 percent drop in sales. This is attributed to street bonuses, foreign buyers, and a strong local economy. The... Continue Reading Posted at 11:12 PM \| Permalink \| Comments
	New Jersey Casinos Dealt A Losing Hand Marta Wells July 5, 2006 In the first mass closure in the 28-year history of Atlantic City's legalized gambling trade, all 12 casinos went dark, according to this MSNBC.com article. 20,000 idle workers and and $16 million in revenue are the direct costs attributed to the... Continue Reading Posted at 10:58 PM \| Permalink \| Comments
	Where Are Houses Selling And Where Are They Not Marta Wells July 5, 2006 According to Lauren Baier Kim of RealEstateJournal.com, in this Yahoo article it isn't in Southern California. The median home price in So Cal ($485,000) posted only a gain of 6.4%. It's also taking longer to sell a house due to... Continue Reading Posted at 10:32 PM \| Permalink \| Comments
	Enron's Founder Dead at Age 64 Marta Wells July 5, 2006 Kenneth L. Lay, convicted of fraud in the Enron debacle, died of an apparent heart attack at a rental property in Old Snowmass, Colorado, according to this WashingtonPost.com article. Lay faced the prospect of spending the rest of his life... Continue Reading Posted at 10:21 PM \| Permalink \| Comments
Jul 3	One Puff and You're Hooked Marta Wells July 3, 2006 Beard Papa, launched in Japan six years ago, offers flaky cream puffs that has at least one person saying, "I found out about them a week ago, and I've been hooked," according to this Newsweek.com article. Asia has wall-to-wall American... Continue Reading Posted at 7:21 PM \| Permalink \| Comments
	How Does Your Pension Plan Grow? Marta Wells July 3, 2006 Corporate pension plans are slipping away and the country doesn't seem to care, according to this Newsweek article. Younger workers would rather invest in 401 (k)s and at retirment, older workers often reject their plan's offer of a monthly income for... Continue Reading Posted at 7:09 PM \| Permalink \| Comments
	June Was Not a Banner Month For Domestic Car Sales Marta Wells July 3, 2006 While Ford, DaimlerChrysler report low sales; Toyota sees surges. Struggling General Motors Corp. (GM) got the worst of the slump with sales plunging 25.7 percent last month. Rising fuel costs, which also led to domestic car sales woes, were a... Continue Reading Posted at 6:59 PM \| Permalink \| Comments
	What Is the Travel Forecast Like This Season? Marta Wells July 3, 2006 Columnist Joe Brancatelli says its going to be lousy-at least on the road. Hotel and car rental rates are up, not to mention gas prices. Delays at airports due to unrealistic "turn" times will plague most airlines including in-flight diversions... Continue Reading Posted at 6:52 PM \| Permalink \| Comments
	Production Delays For Airbus A380 Super-Jumbo Jet Marta Wells July 3, 2006 Airbus is trying to restore investor and customer confidence after they disclosed production delays for its new super-jumbo jet. Airbus head Gustav Humbert also resigned being succeeded by Christian Streiff. Read the whole article here at the WashingtonPost.com. Know More... Continue Reading Posted at 6:46 PM \| Permalink \| Comments
	Construction Activity Drops In Two Consecutive Month; The First Time in More Than Three Years Marta Wells July 3, 2006 Construction spending fell in May 0.4 percent to an annual rate of $1.206 trillion. May itself represented the biggest one-month decline since .07 in September 2004. This is just one sign of several signals that the economy is slowing down.... Continue Reading Posted at 6:01 PM \| Permalink \| Comments

« June 2006 | Main | August 2006 »

Jul31	Northwest Airlines Attendants Reject Contract Marta Wells July 31, 2006 Know More: Airline Industry 2.0, Airline Industry Northwest Airlines Corp.(NWACQ.PK) flight attendants rejected a wage-cutting contract, setting the stage for a possible strike. The troubled air carrier could see this happening as early as mid-August in response to their announcement to impose its own terms. The union responded by threatening actions that could even include random, unannounced strikes, according to this WashingtonPost.com article. Northwest already has permission from a bankruptcy judge to impose an earlier tentative agreement rejected by 80 percent of flight attendants in June. It said it was imposing those terms on Monday. The airline has said any strike would be illegal and they would seek a court order to block one. The latest vote on the new contract was 55 percent against and 45 percent in favor. Know More about the airline industry at TheAirlineHub.com. Posted at 6:19 PM \| Permalink \| Comments
Jul31	Barr Pharmaceuticals Inc. May Be Allowed To Make Morning-After Pill Available Without Prescription Marta Wells July 31, 2006 According to this MSNBC.com article, women over 18 may soon be able to purchase the morning-after pill without a prescription. The surprise decision revived a long-stalled application to allow the over-the-counter sale of the emergency contraceptive. Barr Pharmaceuticals Inc. (BRL)... Continue Reading Posted at 5:56 PM \| Permalink \| Comments
	POM Wonderful. Is It? Marta Wells July 31, 2006 Stewart and Lynda Resnick's POM Wonderful health juice had a beginning that was as weird as the fruit, according to this Newsweek.com article. Claims have been made in their marketing campaigns that have prompted the Council of Better Business Bureau's National... Continue Reading Posted at 5:37 PM \| Permalink \| Comments
Jul27	To Debit Card or Not To Debit Marta Wells July 27, 2006 Did you know that as soon as your credit card is swiped you are starting the interest on that balance immediately? Well, according to this Newsweek.com article that is exactly what is happening and so the trend has turned to... Continue Reading Posted at 8:43 PM \| Permalink \| Comments
	Disney Bosses Redefining the Business Marta Wells July 27, 2006 According to this Newsweek.com article, Walt Disney Co. (DIS) CEO Rober Iger and studio chief Richard Cook fired studio president Nina Jacobson and announced Disney was slashing 20 percent of its studio staff and cutting the number of films they produce... Continue Reading Posted at 8:14 PM \| Permalink \| Comments
	Kazaa Settles Lawsuit, Paying $100 Million Marta Wells July 27, 2006 Kazaa, one of the world's best known file-sharing networks and a once-popular source of illicit downloads, has reached a legal settlement with the world's four major music companies--Unverisal Music, Sony BMG, EMI Group PLC (EMIPF.PK)and Warner Music Group Inc. (WMG)--agreeing... Continue Reading Posted at 2:16 PM \| Permalink \| Comments
	Increased Gas Prices Lead to High Profits for Oil Companies Marta Wells July 27, 2006 Oil companies such as Exxon Mobil Corp. (XOM), the world's largest publicly traded oil company, have reported profits and earnings that have been stoked by increased gasoline prices. Exxon reported a second-quarter profit of $10.36 billion, its second-highest quarterly figure.... Continue Reading Posted at 10:16 AM \| Permalink \| Comments
Jul21	Computer Giant Dell Warns Stock Forecasts 30% Short Marta Wells July 21, 2006 Dell Inc. (DELL) issues a bleak warning that quarterly earnings would fall about 30 percent short of forecasts because of a slowdown in the computer market, driving stock to a nearly five-year low, according to this MSNBC.com article. Shares of... Continue Reading Posted at 1:24 PM \| Permalink \| Comments
	Top-Secret Blogger Axed Marta Wells July 21, 2006 Christine Axsmith, a software contractor for the CIA, had her blog taken down and her security badge revoked and was terminated by here employer, BAE Systems. This happened after she posted her views on torture and the Geneva Conventions, on... Continue Reading Posted at 8:37 AM \| Permalink \| Comments
Jul20	Ford Shows Loss of $123 Million in Second Quarter Marta Wells July 20, 2006 Ford Motor Co. (F) attributes its $123 million losses to slumping sales and the cost of cutting personnel. Restructuring efforts were also announced by the nation's second-biggest automaker. “We’ve seen an improvement in North America results in the second quarter,... Continue Reading Posted at 7:42 AM \| Permalink \| Comments
	Marriott Hotel Chain To Go Smoke-Free in North America Marta Wells July 20, 2006 According to this article found at MSNBC.com, hotel chain Marriott International Inc. (MAR) has decided that as of September all of its hotels in the United States and Canada will be smoke-free. The move seems to be following an industry... Continue Reading Posted at 6:53 AM \| Permalink \| Comments
Jul18	Mattel's Barbie Sales Are Slipping Marta Wells July 18, 2006 Barbie and multiple accessory and costume changes have long been the staple of little girl's play time but the computer and other distractions have led to a slip in sales. Mattel company earnings are up despite the trend, according to... Continue Reading Posted at 9:00 PM \| Permalink \| Comments
	Princess Cruise Ship Rolls, Dozens Injured Marta Wells July 18, 2006 According to this AP news story reported by MSNBC.com, a steering problem caused a new Princess Cruises ship to roll abrubtly throwing passengers and crew to the deck. Dozens were injured, two critically.The vessel, with about 3,100 passengers, had just... Continue Reading Posted at 8:22 PM \| Permalink \| Comments
	Domain Names: Are All the Good Ones Taken? Marta Wells July 18, 2006 According to this WallStreetJournal.com article there are approximately 47 million domain names that end with "com," accounting for the largest real estate chunk on the Internet.Getting a URL listed as a dot-com involves, ultimately, checking in with a database at... Continue Reading Posted at 7:42 PM \| Permalink \| Comments
	US Airways Could Make Upgrades Difficult to Get Marta Wells July 18, 2006 According to this WashingtonPost.com article the elimination of 10 seats in the first class sections on US Airways Group, Inc. (LCC) transcontinental flights would make premium seating harder to get with frequent-flier upgrades.The changes would most affect the carrier's Airbus... Continue Reading Posted at 6:41 PM \| Permalink \| Comments
Jul17	Netflix Dusts the Shelves Marta Wells July 17, 2006 Netflix, Inc. (NFLX), which boasts nearly five million members, brags that their movie rental buffet is changing the movie watching diets of Americans. They have a catalog of 60,000 films that leas man members to over estimate what they can... Continue Reading Posted at 11:00 PM \| Permalink \| Comments
	After Three Months of Up and Down, Are Markets Set to Stabilize? Marta Wells July 17, 2006 According to the WashingtonPost.com more than three years into a bull market without a major correction, investors suddenly became concerned about rising interest rates and the possibility of higher inflation or an economic slowdown. Standard and Poor's 500-stock index lost... Continue Reading Posted at 10:41 PM \| Permalink \| Comments
	Breaking Into the World of Fashion Part III Marta Wells July 17, 2006 Part I of Breaking into the World of Fashion told the story of sisters that were bucking the odds of getting your foot in the door of the fashion biz. Part II followed the Beckerman sisters and the creative process and why... Continue Reading Posted at 10:29 PM \| Permalink \| Comments
	Disney Touch Created Pop-Culture Phenomenon Marta Wells July 17, 2006 How did Walt Disney Co. (DIS) take 'High School Musical' a basic-cable TV movie and turn it into a pop-culture phenomenon? It wasn't an accident, according to this Newsweek.com article. Six months after its premiere, "High School Musical" rolls on,... Continue Reading Posted at 10:09 PM \| Permalink \| Comments
Jul14	Niche Companies Upbeat Despite Rising Costs Marta Wells July 14, 2006 According to this AP article on MSNBC, although small business owners across the country are worried about inflation some of these owners are in industries that actually benefit when costs are rising. "I feel like I'll figure out some way... Continue Reading Posted at 3:25 PM \| Permalink \| Comments
	Young YouTube Enrepreneur Takes Center Stage Marta Wells July 14, 2006 Chad Hurley and business partner Steve Chen were hiding away in a garage in Silicon Valley just 17 months ago, as they developed the quirky yet trendy Interenet video site that became YouTube Inc. During the past two days, Hurley... Continue Reading Posted at 1:59 PM \| Permalink \| Comments
Jul13	Yahoo and Microsoft Connect Instant Messaging Marta Wells July 13, 2006 According to this WashingtonPost.com article Yahoo! Inc. (YHOO) and Microsoft Corp. (MSFT) joined forces yesterday on the instant messaging front, allowing users of each system to communicate with each other and rivaling AOL's messaging system for the top spot. Users... Continue Reading Posted at 5:19 PM \| Permalink \| Comments
	Sirius Radio CEO Answers Some Questions Marta Wells July 13, 2006 Sirius Satellite Radio Inc. (SIRI) CEO Mel Karmazin seems to be getting along with Howard Stern who routinely lambasts his bosses on the air. The firm recently announced it had added 600,000 new subscribers in the second quarter, exceeding the... Continue Reading Posted at 5:04 PM \| Permalink \| Comments
	What's On the iPod Tonight Dear? Marta Wells July 13, 2006 According to this Newsweek.com article people are spending more time together-just watching different stuff. He might be hooked up to his Apple Computer Inc. (AAPL) iPod watching the latest episode of "The Office" while she is watching another show on the... Continue Reading Posted at 4:51 PM \| Permalink \| Comments
Jul11	Strong Cell Phone Signals Wanted Without Eyesores Marta Wells July 11, 2006 Cellphone towers have been disguised in church spires, artificial palm trees and even fake cactuses but with heavy cellphone usage towers are needed in the suburbs too, according to this WashingtonPost.com article. Likewise, the newer demands on the cellphone networks... Continue Reading Posted at 11:09 PM \| Permalink \| Comments
	Levi Strauss Profits Up Despite Weak Sales Overseas Marta Wells July 11, 2006 Levi Strauss, a privately owned company, posted a second quarter profit of $40 million but revenue edged down 1 percent to $953 million due to lower European and U.S. Levi Strauss Signature brand sales. Sales of the company's Levi's and... Continue Reading Posted at 7:12 PM \| Permalink \| Comments
	Google Announces Plans to Open New Facility Marta Wells July 11, 2006 Google Inc. (GOOG) company officials and Gov. Jennifer Granhold announced a new facility that will employ 1,000 people within five years to open in Ann Arbor, Michigan. The plan, which could be a significant boost to Michigan’s lagging economy, was... Continue Reading Posted at 5:09 PM \| Permalink \| Comments
Jul10	CBS and Time Warner Exec Says TV Ads Need to Target Narrow Audience Marta Wells July 10, 2006 Advertisers and marketers are scrambling to find a replacement for the old formula 30 second ad--hit as many TV channels as possible with the same ad, and are frantic with the array of short ads, long ads, infomercials and single... Continue Reading Posted at 6:53 PM \| Permalink \| Comments
	Alcoa Realizes Jump in Profits Marta Wells July 10, 2006 Due to higher aluminum prices and a sharp demand from the aerospace and construction industries Alcoa Inc. (AA) realized second-quarter profits of 62 percent. According to this MSNBC.com article, net income surged to $744 million, or 85 cents per share,... Continue Reading Posted at 6:33 PM \| Permalink \| Comments
	Kimco Realty Corp. Buys Rival for $2.9 Billion Marta Wells July 10, 2006 Kimco Realty Corp. (KIM) and Pan Pacific Retail Properties, Inc. (PNP) announce their merger in a July 10 press release. Under the terms of the agreement, Kimco will acquire all of the outstanding shares of Pan Pacific for a total... Continue Reading Posted at 6:22 PM \| Permalink \| Comments
Jul 7	Tribune Co. Battles in Newspaper War Marta Wells July 7, 2006 According to this Newsweek.com article, the Tribune Co. (TRB), nation's second largest newspaper owner, whose properties include the Chicago Tribune and the Los Angeles Times is part of Chicago's biggest newspaper war ever.The Chandler family, who hold three seats on... Continue Reading Posted at 5:06 PM \| Permalink \| Comments
	Wages Went Up In June Marta Wells July 7, 2006 Although U.S. employers added a disappointing 121,000 jobs last month, due to fear of the economy slowing and energry prices rising, wages rose sharply fanning inflation worries, according to this Yahoo.com article. To continue: Wage improvement is good for workers... Continue Reading Posted at 4:52 PM \| Permalink \| Comments
Jul 5	Manhattan Condo Prices Increase Even As Sales Slump Marta Wells July 5, 2006 According to this MSN MoneyCentral article Manhattan apartment prices have been boosted to new records in the second quarter despite a 14.8 percent drop in sales. This is attributed to street bonuses, foreign buyers, and a strong local economy. The... Continue Reading Posted at 11:12 PM \| Permalink \| Comments
	New Jersey Casinos Dealt A Losing Hand Marta Wells July 5, 2006 In the first mass closure in the 28-year history of Atlantic City's legalized gambling trade, all 12 casinos went dark, according to this MSNBC.com article. 20,000 idle workers and and $16 million in revenue are the direct costs attributed to the... Continue Reading Posted at 10:58 PM \| Permalink \| Comments
	Where Are Houses Selling And Where Are They Not Marta Wells July 5, 2006 According to Lauren Baier Kim of RealEstateJournal.com, in this Yahoo article it isn't in Southern California. The median home price in So Cal ($485,000) posted only a gain of 6.4%. It's also taking longer to sell a house due to... Continue Reading Posted at 10:32 PM \| Permalink \| Comments
	Enron's Founder Dead at Age 64 Marta Wells July 5, 2006 Kenneth L. Lay, convicted of fraud in the Enron debacle, died of an apparent heart attack at a rental property in Old Snowmass, Colorado, according to this WashingtonPost.com article. Lay faced the prospect of spending the rest of his life... Continue Reading Posted at 10:21 PM \| Permalink \| Comments
Jul 3	One Puff and You're Hooked Marta Wells July 3, 2006 Beard Papa, launched in Japan six years ago, offers flaky cream puffs that has at least one person saying, "I found out about them a week ago, and I've been hooked," according to this Newsweek.com article. Asia has wall-to-wall American... Continue Reading Posted at 7:21 PM \| Permalink \| Comments
	How Does Your Pension Plan Grow? Marta Wells July 3, 2006 Corporate pension plans are slipping away and the country doesn't seem to care, according to this Newsweek article. Younger workers would rather invest in 401 (k)s and at retirment, older workers often reject their plan's offer of a monthly income for... Continue Reading Posted at 7:09 PM \| Permalink \| Comments
	June Was Not a Banner Month For Domestic Car Sales Marta Wells July 3, 2006 While Ford, DaimlerChrysler report low sales; Toyota sees surges. Struggling General Motors Corp. (GM) got the worst of the slump with sales plunging 25.7 percent last month. Rising fuel costs, which also led to domestic car sales woes, were a... Continue Reading Posted at 6:59 PM \| Permalink \| Comments
	What Is the Travel Forecast Like This Season? Marta Wells July 3, 2006 Columnist Joe Brancatelli says its going to be lousy-at least on the road. Hotel and car rental rates are up, not to mention gas prices. Delays at airports due to unrealistic "turn" times will plague most airlines including in-flight diversions... Continue Reading Posted at 6:52 PM \| Permalink \| Comments
	Production Delays For Airbus A380 Super-Jumbo Jet Marta Wells July 3, 2006 Airbus is trying to restore investor and customer confidence after they disclosed production delays for its new super-jumbo jet. Airbus head Gustav Humbert also resigned being succeeded by Christian Streiff. Read the whole article here at the WashingtonPost.com. Know More... Continue Reading Posted at 6:46 PM \| Permalink \| Comments
	Construction Activity Drops In Two Consecutive Month; The First Time in More Than Three Years Marta Wells July 3, 2006 Construction spending fell in May 0.4 percent to an annual rate of $1.206 trillion. May itself represented the biggest one-month decline since .07 in September 2004. This is just one sign of several signals that the economy is slowing down.... Continue Reading Posted at 6:01 PM \| Permalink \| Comments

Business News and Information

Advertise

Related Resources

recent comments

sponsored ads

topics

subscribe

Current News

resources

Support This Blog

archives

blogroll

business social media

News from Know More Media

know more media network

we support unitus

PRWeb

Influencer

ProductivityGoal

CallCenterScript