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Economy Expands at “Moderate” Pace

Posted on March 15, 2006 by Sarah White

The Federal Reserve’s new beige book report, which offers a glance at economic conditions in all 12 Fed districts, showed that the American eceonmy grew at a “moderate” pace in January and February in most parts of the country.
High prices for fuel and raw materials continued, and both business and consumer spending grew.
Based [...]

Denver Airport

Posted on December 07, 2005 by leafworks

Denver AirportDenver Coloradohttp://www.flydenver.com/Out on the east side of Denver, in the middle of nowhere, surrounded by Toll roads with the exception of I-70, this airport is easy to access with very little congestion. They have alternative parking spots with shuttle for $5/night. Easy drop off, Easy check in to the airport, and a massive foodcourt. [...]

Entertainment buyout?

Posted on July 28, 2005 by brother9

The hot rumor today is that NBC Universal, owned by GE, is looking to buyout Dreamworks. This could be worth as much as $1 billion dollars. Dreamworks is not offering a comment, as often happens, and also issued a statement sayign the buyout is “not authorised.”
If it’s not authorised, there’s implications that the [...]

Yahoo Overtaking Google in Innovation?

Posted on April 19, 2005 by Preston Danforth

That’s what The Internet Stock Blog is wondering:

Yahoo (ticker: YHOO) is aggressively implementing Really Simple Syndication (RSS) across its network, with the recent upgrade to Yahoo News and the introduction of RSS feeds for Yahoo Shopping. Geeks are beginning to argue that Google (ticker: GOOG) is becoming a technology laggard, behind Yahoo and (gasp!) Microsoft [...]

Latest US Economic Data: Outlook Uncertain

Posted on April 15, 2005 by Preston Danforth

The data is all over the board these days when it comes to the US economy. Reuters is reporting:

NEW YORK (Reuters) – Industrial production and consumer sentiment reports came in on the weak side on Friday, the latest data to support the view that higher oil prices could lead to slower U.S. growth in [...]

US Balance of Trade Keeps Slipping

Posted on April 13, 2005 by Preston Danforth

Another great piece from Capital Spectator:

The U.S. balance of trade slipped to another all-time deficit in February–$61 billion vs. $59 billion in January, reports the U.S. Census Bureau. If you thought the news would take a hefty bite out of the dollar, you were mistaken. By the close of Wall Street trading today, the dollar [...]

Consumption Economics & the Energy Crisis

Posted on April 13, 2005 by Preston Danforth

The Capital Spectator has a great piece on Consumption Economics & the Energy Crisis:

CONSUMPTION ECONOMICS
In the good old days of energy shocks, consumers cut back when prices jumped. But cutting back is no longer popular sport in the current bull market for oil.
Long gone are the days in the 1970s, when higher oil prices eventually [...]

Copart Turns Scrap Into Cash

Posted on January 13, 2005 by site admin

Fairfield, California-based Copart has seemingly found gold in the auto junkyard – to the tune of $400 million per year.
Copart generates revenue by acting as a middleman between insurance companies and used part dealers, rebuilders, etc.

Like most middlemen, Copart prospers by taking a bit from both sides–registration and administrative fees from the buyers, for example–and [...]

Apple Makes Bank in Q4

Posted on January 13, 2005 by site admin

This apple spoof probably isn’t troubling Steve Jobs too much these days, after Apple’s Q4 profits quadruple as iPod sales soar.
Forbes has the scoop:

For the three months ended Dec. 25, Apple said it earned $295 million, or 70 cents per share. In the same period last year, the company earned $63 million, or 17 cents [...]

FDA Asks Pfizer to Pull Back Marketing of Celebrex

Posted on December 20, 2004 by Shanti Braford

It seems the FDA can’t quite make up it’s mind about Pfizer’s mega-drug, Celebrex. Is it harmful, or is it safe?

In an unusual move that reflects serious concerns about the new results, the agency asked the company to suspend its use of direct-to-consumer advertising and alter its marketing to doctors, as regulators and the [...]

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