tag:blogger.com,1999:blog-43590549537197898662024-03-13T10:58:52.086-07:00Latest NewsGather all the useful,latest news all around the world..No matter the news is from what aspect and which industry,our passion is share the latest news for all user in the world..Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.comBlogger79125tag:blogger.com,1999:blog-4359054953719789866.post-49136896277233212352020-08-11T15:29:00.000-07:002010-08-19T21:45:04.326-07:00Welcome To Latest News<div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/_X_NegAFK3PY/TG3g_3EVvcI/AAAAAAAAAEg/Vxlgmbbl2UU/s1600/news.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://4.bp.blogspot.com/_X_NegAFK3PY/TG3g_3EVvcI/AAAAAAAAAEg/Vxlgmbbl2UU/s320/news.jpg" /></a></div>This is the blog which will share the latest news from all around the world. Nowadays,a lot of people doesn't like to read newspaper.They more prefer to read the latest news online..But there are a million of resources of news from all around the world,so which we have to read for???What news is really important???<br />
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</div><div>Therefore,we create this blog to gather all the important and useful information,news,article which happening all around the world everyday.To let you as a updated person,get the most updated information around the world.So that,you can make your decision in your business,investment,jobs and so on based on this latest news and become more accurate.Besides,you can also share the latest news with your own social circle..As most people said,sharing is caring..So you can let your freind become a updated person as well..</div><div><br />
</div><div>Lastly,we promise to updated our blog everyday...Probably in the morning,just because the total days is Morning..We will selected the most updated,important and shocked news around the world to provide to our user start from today...</div><div><br />
</div><div>Hope you all enjoy...Thank you..</div>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-45186012579362507522010-09-06T22:39:00.000-07:002010-09-06T22:50:32.877-07:00Jessica Simpson To Dress Friends In Her Fashion Line | Eric Johnson, Jessica Simpson : Just Jared<span class="Apple-style-span" style="font-family: arial, verdana, sans-serif; font-size: 10px;"></span><br />
<span class="Apple-style-span" style="font-family: arial, verdana, sans-serif; font-size: 10px;"><div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/_X_NegAFK3PY/TIXQUGl8mYI/AAAAAAAAARc/Ixo787zIaoU/s1600/jessica-simpson-dress-friends.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://4.bp.blogspot.com/_X_NegAFK3PY/TIXQUGl8mYI/AAAAAAAAARc/Ixo787zIaoU/s320/jessica-simpson-dress-friends.jpg" /></a></div><span class="Apple-style-span" style="color: #333333; font-size: 12px;"></span><br />
<div class="post-date" style="background-color: #f4f4f4; color: #999999; float: left; font: normal normal normal 0.9em/normal arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 1px; padding-bottom: 2px; padding-left: 4px; padding-right: 4px; padding-top: 2px; text-transform: uppercase;">MON, 06 SEPTEMBER 2010 AT 11:30 PM</div><div><br />
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A solo <a href="http://justjared.com/tags/jessica-simpson" style="color: #1a9dfe; text-decoration: none;" title="Jessica Simpson"><strong>Jessica Simpson</strong></a> arrives in New York City on Monday (September 6).<br />
Tomorrow at 5PM, the 30-year-old designer will debut the new <em>Jessica Simpson Collection</em> to help kick off Fashion Week.<br />
<strong>Jess</strong> will style her closest girlfriends, including younger sister <a href="http://justjared.com/tags/ashlee-simpson" style="color: #1a9dfe; text-decoration: none;" title="Ashlee Simpson"><strong>Ashlee</strong></a> and <a href="http://justjared.com/tags/cacee-cobb" style="color: #1a9dfe; text-decoration: none;" title="Cacee Cobb"><strong>CaCee Cobb</strong></a>. Her brother-in-law <a href="http://justjared.com/tags/pete-wentz" style="color: #1a9dfe; text-decoration: none;" title="Pete Wentz"><strong>Pete Wentz</strong></a> will DJ the party!<br />
“I asked a lot of my best friends to be the models because I think they represent the woman who’s going to the stores,” <strong>Jess</strong> told <a class="external" href="http://content.usatoday.com/communities/entertainment/post/2010/09/jessica-simpson-kicks-off-fashion-week/1" rel="external" style="color: #1a9dfe; text-decoration: none;" target="_blank">USA Today</a>. “<strong>Ashlee</strong> definitely has her look picked out. She’ll be a rock star.”<br />
Below is the picture that <strong>Jess</strong> tweeted of her boyfriend, <a href="http://justjared.com/tags/eric-johnson" style="color: #1a9dfe; text-decoration: none;" title="Eric Johnson"><strong>Eric Johnson</strong></a>. “I met a wonderful man,” she wrote. “Damn I’m lucky!”<br />
FYI: <strong>Jess</strong> has been writing and recording a new Christmas album!</span><span class="Apple-style-span" style="font-family: arial, verdana, sans-serif; font-size: 10px;"><br />
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</span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-42592895961201245932010-09-06T22:38:00.000-07:002010-09-06T22:50:32.885-07:00AFP: Koran burning will endanger US lives: Petraeus<span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 13px; line-height: 18px;"></span><br />
<span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 13px; line-height: 18px;"><div class="hn-byline" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #676767; margin-bottom: 0.4em; margin-left: 0px; margin-right: 0px; margin-top: 0.2em; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">(AFP) – <span class="hn-date" style="color: black; margin-top: 0px; padding-top: 0px;">2 hours ago</span></div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">KABUL — The US commander of the Afghan war has warned that troops' lives will be endangered if a Florida evangelical church goes ahead with a planned burning of the Koran on Saturday's 9/11 anniversary.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">General David Petraeus said the planned torching of Islam's holy book would be a propaganda coup for the Taliban in Afghanistan and stoke anti-US sentiment across the Muslim world.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The Dove World Outreach Center at Gainesville, Florida says it will burn copies of the Koran on this weekend's ninth anniversary of the September 11 airborne attacks in protest at what it calls "the evil of Islam".</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">In an interview with Tuesday's Wall Street Journal, Petraeus said of the event: "It could endanger troops and it could endanger the overall effort.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"It is precisely the kind of action the Taliban uses and could cause significant problems. Not just here, but everywhere in the world we are engaged with the Islamic community," he said.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The planned protest by the 50-member Florida congregation -- whose Facebook page bears the motto "Islam Is Of The Devil" -- has already triggered outrage in Indonesia, the world's largest Muslim-majority country.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">In late August about 100 Indonesian Islamists demonstrated outside the US embassy in Jakarta and threatened "jihad" or holy war if the US Christian group went through with the event.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Alleged desecration of the Koran by US troops in both Afghanistan and Iraq has been an incendiary issue in the past, including when a US soldier deployed to Iraq riddled a copy of the holy book with bullets in 2008.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">A subsequent demonstration by about 2,000 people in central Afghanistan turned violent, with a Lithuanian soldier and two civilians killed in an exchange of gunfire between protestors and police.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The Florida church's pastor, Terry Jones, said Petraeus's concerns were "legitimate".</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">But in a statement to the Wall Street Journal, he added: "We must send a clear message to the radical element of Islam. We will no longer be controlled and dominated by their fears and threats."</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Interviewed by AFP in July, Jones said: "Islam and Sharia law was responsible for 9/11.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 1em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"We will burn Korans because we think it's time for Christians, for churches, for politicians to stand up and say no; Islam and Sharia law is not welcome in the US."</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-62900230265484480632010-09-06T22:37:00.000-07:002010-09-06T22:50:32.892-07:00No. 3 Boise State defeats No. 10 Va Tech 33-30<span class="Apple-style-span" style="font-family: arial, helvitica, sans-serif; font-size: 13px; line-height: 19px;"><b>LANDOVER, Md. – </b>Kellen Moore and Boise State look as if they are going to be in the national championship chase for a while.</span><br />
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</span></div><div><span class="Apple-style-span" style="font-family: arial, helvitica, sans-serif; font-size: 13px; line-height: 19px;"><span class="Apple-style-span" style="font-size: small; line-height: normal;"></span></span><br />
<span class="Apple-style-span" style="font-family: arial, helvitica, sans-serif; font-size: 13px; line-height: 19px;"><span class="Apple-style-span" style="font-size: small; line-height: normal;"><div style="font-size: 13px; line-height: 1.5em; margin-bottom: 15px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Moore hit Austin Pettis with a 13-yard touchdown pass with 1:09 left and No. 3 Boise State passed what might be its toughest test of the season, beating No. 10 Virginia Tech 33-30 Monday night.</div><div style="font-size: 13px; line-height: 1.5em; margin-bottom: 15px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The Broncos (1-0) came to FedEx Field with their best preseason ranking ever and ran out to a 17-0 lead in the first quarter, then had to rally themselves to extend their winning streak to 15 games.</div><div style="font-size: 13px; line-height: 1.5em; margin-bottom: 15px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Tyrod Taylor passed for 186 yards and two touchdowns and ran for 73 yards for the Hokies (0-1), who for the fourth straight season took a deflating early season loss.</div><div style="font-size: 13px; line-height: 1.5em; margin-bottom: 15px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">As for the Broncos, even with 11 games left in the season, the debate will start about whether they should become the first team from a conference without an automatic BCS bid to play for a national championship if they go undefeated.<br />
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“Game 1, and that’s what it is,” said Chris Petersen, who improved to 50-4 as coach of Boise State. “We’re just pleased to get out of here with a W.’”<br />
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Moore, the undersized Heisman Trophy contender, threw for 215 yards and three touchdowns. He led a five-play, 56-yard touchdown drive in the final two minutes – aided by a Virginia Tech personal foul penalty. After hitting Pettis on a quick slant for the winner, Moore sprinted to midfield with his hands raised high, waiting for a teammate to come and celebrate with him.<br />
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The winningest team of the past decade in major college football, Boise State yet again was forced to prove it was worthy of all the accolades – this time far from home on a field that was anything but neutral, packed with Hokies fans.<br />
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When it was over, they were taking a victory lap, exchanging high-fives with their fans who made the long trip.<br />
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Boise State took the 17-0 lead by taking advantage of a handful of critical Virginia Tech mistakes that set up two TD passes by Moore. But by halftime the Hokies had climbed back into it with Ryan Williams scoring twice to cut the halftime lead to 20-14.<br />
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On Boise State’s first possession of the second half, Moore fumbled when he cocked to throw and hit his own lineman. Virginia Tech recovered at the Broncos 31 and Williams completed the fifth scoring drive of less than 40 yards in the game with a 1-yard run around the right side.<br />
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Taylor bounded off the field and leaped into a side bump with a teammate. Virginia Tech, after a nearly burying itself in the first quarter, had its first lead at 21-20.<br />
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It lasted about a minute on the clock. D.J. Harper broke a tackle at the line on a third-and-1 and outran the Hokies for a 71-yard touchdown. No questioning Boise State’s speed on that play.<br />
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Virginia Tech blocked the extra point attempt and it was 26-21 with 5:38 left in the third.<br />
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Back came the Hokies. Virginia Tech’s Chris Hazley was wide right on a 51-yard field, but Boise State was flagged for running into the kicker. Now with a fourth-and-4 from the 29, Tech went for it and Taylor zipped an out to Jarrett Boykin, who slipped a weak arm tackle attempt by Brandyn Thompson and eased into the end zone to put the Hokies up 27-26. They went for two and missed.<br />
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Boise State couldn’t answer that score. Kyle Brotzman missed wide left from 30 yards and Hazley answered with a 34-yarder for Virginia Tech to make it 30-26.<br />
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Virginia Tech had a chance to run out the clock, but couldn’t do it, Taylor threw an incomplete pass on third down that stopped the clock and gave Boise State extra time.<br />
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“When it’s all said and done, we were one first down from winning that football game,” Virginia Tech coach Frank Beamer said.<br />
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With no timeouts left, that incomplete pass helped a lot. Then Mitch Burroughs broke off a 25-yard punt return – a flag for a possible illegal block was picked up by the officials – that set up Moore at the Boise State 44.<br />
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He hit three straight passes and on the third, a 14-yarder on the sideline to Pettis, Tech’s Bruce Taylor hit the receiver just a tad late out of bounds to tack on more yards.<br />
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After an incomplete throw, Moore and Pettis connected for the fourth lead change of the second half – and there was joy in Boise.<br />
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Tyrod Taylor, who carried the Hokies all game, couldn’t come up with one drive. Defending Western Athletic Conference champion Boise State knelt on the ball and now faces a schedule in which it will likely be favored, usually heavily favored, the rest of the season.</div></span></span></div>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-2730213438433692782010-09-06T22:36:00.000-07:002010-09-06T22:50:32.898-07:00John Travolta drops extortion charges - BostonHerald.com<div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/_X_NegAFK3PY/TIXQldPwLXI/AAAAAAAAARk/d0foZ-5wRHA/s1600/44854a_travolta_09072010.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://1.bp.blogspot.com/_X_NegAFK3PY/TIXQldPwLXI/AAAAAAAAARk/d0foZ-5wRHA/s320/44854a_travolta_09072010.jpg" /></a></div><span class="Apple-style-span" style="color: #333333; font-family: Arial, Verdana, Tahoma, sans-serif; font-size: 11px; line-height: 18px;"><span class="bold" style="font-weight: bold;">By Herald wire services</span></span><span class="Apple-style-span" style="color: #333333; font-family: Arial, Verdana, Tahoma, sans-serif; font-size: 11px; line-height: 18px;"><br />
</span><span class="Apple-style-span" style="color: #333333; font-family: Arial, Verdana, Tahoma, sans-serif; font-size: 11px; line-height: 18px;">Tuesday, September 7, 2010 -</span><span class="Apple-style-span" style="color: #333333; font-family: Arial, Verdana, Tahoma, sans-serif; font-size: 11px; line-height: 18px;"> </span><span class="Apple-style-span" style="color: #333333; font-family: Arial, Verdana, Tahoma, sans-serif; font-size: 11px; line-height: 18px;"><span class="bylineUpdated" style="color: #cc3333; font-weight: normal;">Updated 3 hours ago</span></span><br />
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"John Travolta dropped the charges against accused extortionists Tarino Lightbourne and Pleasant Bridgewater, who were arrested for allegedly attempting to extort $25 million from John and his wife, Kelly Preston, regarding information about the January 2009 death of their son, Jett. The Counsel of the Attorney General announced, “Mr. Travolta is no longer interested in pursuing the matter because it has caused his family great emotional distress.” If he chose to pursue the charges, Travolta would have to testify in court regarding the details of his son’s untimely death from a seizure. His wife is only weeks away from giving birth to a son."Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-21790652958069452332010-09-06T22:35:00.000-07:002010-09-06T22:50:32.903-07:00HTC Android GSM, CDMA Slider Info Leaked by eWeek<span class="Apple-style-span" style="font-family: Verdana, Arial, Helvetica, sans; font-size: medium;"></span><br />
<span class="Apple-style-span" style="font-family: Verdana, Arial, Helvetica, sans; font-size: medium;"><h2 style="color: #333333; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 11px; font-weight: 700; line-height: 13px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; text-decoration: none;">The FCC leaks photos of HTC's upcoming Google Android-powered smartphone, a slider featuring a QWERTY keyboard, a 4-in. touch screen, and dual 3G modems.</h2><div><span class="Apple-style-span" style="color: #333333; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 11px;"></span><br />
<span class="Apple-style-span" style="color: #333333; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 11px;"><div style="font-family: Verdana, Arial, Helvetica; font-size: 12px;">Information and photos concerning mobile handset maker HTC’s latest Google Android powered slider phone, currently designated the HTC PD42100 have leaked from the Federal Communications Commission (FCC)<a href="https://fjallfoss.fcc.gov/oetcf/eas/reports/ViewExhibitReport.cfm?mode=Exhibits&RequestTimeout=500&calledFromFrame=N&application_id=976890&fcc_id=%27NM8PD42100" style="color: #003399; text-decoration: none;" target="_blank" title="FCC Leak">Web site</a>. The photos show the Verizon Wireless company logo on the front of the device, all but confirming the smartphone is headed to the largest wireless carrier in the U.S.</div><div style="font-family: Verdana, Arial, Helvetica; font-size: 12px;">The handset is also notable for having dual 3G modems -- a CDMA 2000 connection (which includes EV-DO Rev. A access) and GSM 850 modem. It also features a 4-inch touch screen, a rear-facing camera with single-LED flash, microSD memory expansion, Bluetooth and 802.11b/g/n WiFi connectivity and a slide-out physical QWERTY keyboard.</div><div style="font-family: Verdana, Arial, Helvetica; font-size: 12px;">This is the second leak in as many months for HTC: In August, a British e-retailer reportedly posted, then pulled, details about two soon-to-launch HTC smartphones: the Desire Z, which is code-named Vision, and the Desire HD, code-named Ace. In the United States, Sprint currently offers five HTC handsets, most notably the Evo 4G; AT&T offers the Aria, Pure and Tilt 2; T-Mobile offers seven devices, from the MyTouch 3G to the Touch Pro 2; and on the Verizon network, customers can choose from seven handsets that include the Droid Eris and Droid Incredible.</div><div style="font-family: Verdana, Arial, Helvetica; font-size: 12px;">HTC announced second-quarter net profits of $269 million July 30, following shipments of 5.4 million handsets. The figure represented 33 percent year-over-year growth, largely thanks to the company's alignment with the Android OS. Since equipping its handsets with Android, HTC has quickly established itself as a major smartphone brand in the United States.</div><div style="font-family: Verdana, Arial, Helvetica; font-size: 12px;">When releasing HTC's second-quarter results July 29, company officials said earnings rose 33 percent year over year, and they announced a number of promotions and new positions that have been created within the company to foster future growth. Rival Motorola has also followed an Android-heavy strategy, with a product line that could be easily confused with HTC's—it shipped the Motorola Droid before the HTC Droid Eris and the Motorola Droid X after the HTC Droid Incredible. The same day as HTC's earnings announcement, Motorola reported quarterly shipments of 8.3 million handsets, 2.7 million of which were smartphones.</div><div style="font-family: Verdana, Arial, Helvetica; font-size: 12px;">While Apple's iPhone iOS continues to lead the U.S. smartphone operating system ecosystem at 56 percent market share in August, Google's Android platform is catching, notching a 25 percent plot, according to a report from data firm Quantcast. Quantcast also found that Android began 2010 with 18.6 percent smartphone OS market share and managed to take 11.4 percent share from Apple's iOS, 1.6 percent from RIM's Blackberry and 5.7 percent from all other OS providers, such as Microsoft Windows Mobile and Palm's WebOS.</div><div style="font-family: Verdana, Arial, Helvetica; font-size: 12px;">The growth for Android is set to continue, <a href="http://www.eweek.com/c/a/Mobile-and-Wireless/Googles-Android-Dominates-Q2-Smartphone-Sales-342391/" style="color: #003399; text-decoration: none;" target="_blank" title="Google Android Gaining">according to</a> research firm Canalys. Chris Jones, a Canalys principal analyst, said Android is gaining “impressive momentum” around the world. Other important growth areas for Android, reported Canalys, are South Korea and China — which has a smartphone market second only to the United States. During the second quarter, China’s smartphone market saw shipments of 6.9 million units — 11 percent of the worldwide total.</div></span></div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-73509388942936528212010-09-06T22:34:00.000-07:002010-09-06T22:50:32.909-07:00Hands on with Samsung's Galaxy Tab Tablet - PCWorld<span class="Apple-style-span" style="font-family: arial, verdana, helvetica, sans-serif; font-size: 14px; line-height: 18px;"></span><br />
<span class="Apple-style-span" style="font-family: arial, verdana, helvetica, sans-serif; font-size: 14px; line-height: 18px;"><h2 style="font-size: 14px; line-height: 16px; margin-bottom: 6px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Samsung's Galaxy Tab tablet is an interesting piece of hardware crippled by the fact it mostly runs blown-out smartphone applications.</h2><div style="float: left; font-size: 12px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 10px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Harry McCracken, <a href="http://technologizer.com/" style="color: #1c609f; text-decoration: none;" target="_blank">Technologizer</a></div><div class="date" style="color: black; font-size: 12px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Sep 6, 2010 1:00 am</div><div class="date" style="color: black; font-size: 12px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="font-size: 14px;"></span><br />
<span class="Apple-style-span" style="font-size: 14px;">Thursday morning at the IFA show here in Berlin, I attended a Samsung press conference and watched one of the company's executives brandish its new <a href="http://technologizer.com/2010/09/02/samsung-galaxy-tab/" style="border-bottom-color: rgb(0, 71, 132); border-bottom-style: dotted; border-bottom-width: 1px; clear: none; color: #1c609f; text-decoration: none;" target="_blank">Galaxy S tablet</a>. It was intriguing. But I had a much better time that evening at the Showstoppers press event, where I was able to spend some time exploring the Tab for myself.<br />
<a href="http://www.pcworld.com/article/204729/samsung_launches_galaxy_tab.html?tk=rel_news" style="border-bottom-color: rgb(0, 71, 132); border-bottom-style: dotted; border-bottom-width: 1px; clear: none; color: #1c609f; text-decoration: none;" target="_blank">The Galaxy Tab</a> I tried clearly wasn't a done deal: Its touch-screen froze for several minutes then began to work again, and its browser didn't seem to want to load anything except Google. It's too early to come to any firm conclusions, but I did discover aspects I liked (the basic form factor, some of the software) and problem areas (other software).<br />
I didn't really understand how the Galaxy Tab's 7-inch screen really <a href="http://www.pcworld.com/article/204779/samsung_galaxy_tab_vs_the_ipad_compare_for_yourself.html?tk=rel_news" style="border-bottom-color: rgb(0, 71, 132); border-bottom-style: dotted; border-bottom-width: 1px; clear: none; color: #1c609f; text-decoration: none;" target="_blank">compares to the iPad's</a> 9.7-inch one until I saw them both in one place at one time. The Tab is half the size of the iPad -- more like a mass-market paperback book than a magazine. (It <em>looked</em> a tad chunky to me, but that was an optical illusion -- the thicknesses of the two gadgets are close to identical. Samsung uses the real estate on the edge for two SIM slots and one for MicroSD cards.)<br />
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The Tab's compact size and trim weight (13.8 ounces vs. the iPad's pound and a half) make it a device you're much more likely to hold with one hand in Kindle-esque fashion. In theory, at least, it should be easier to use than the iPad when you're on the go. (The promotional video Samsung showed us involved busy young professionals running around town with their Tabs.)<br />
The tablet's screen looked nice: The resolution is lower than that of the iPad (1024-by-600 vs. 1024-by-768) but the dots per inch are higher. Except for the period when the touchscreen didn't work at all, it was quite fluid -- the tablet may not have felt quite as snappy as an iPad, but it was certainly sufficiently zippy.<br />
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How's its keyboard? I've learned that it's dangerous to come to any firm conclusions based on a brief test at a trade show, but it seems to be reasonably good. The Tab is too small for the pseudo-touch typing that the iPad permits, but the keyboard layout is similar, and the keys are big enough that you can tap them without having to aim your fingers too precisely. And if you hold the Tab in portrait orientation, you can thumb-type without too much trouble, as if the Tab were a giant BlackBerry.<br />
As seen on the Galaxy Tab, Android 2.2 Froyo looks pretty darn familiar. There's lots that Samsung has either left unchanged or tweaked only slightly, including the desktop, the sliding tray of apps, the widgets, the status bar along the top, and the alerts you can drag down with your finger.<br />
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The Android Market app store is onboard the Tab: I downloaded and installed one piece of software (TIME's app). It ran as expected but didn't take advantage of the Tab's large screen-it looked like what it is, which is a stretched-out smartphone app rather than a<em>tablet</em> app.<br />
Which brings me back to my biggest concern about the Galaxy Tab: It's an interesting piece of hardware, but it can't live up to its potential if it mostly runs blown-out smartphone applications. It wants programs that make use of its resolution and which incorporate interface elements which wouldn't make sense on a smartphone.<br />
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At <a href="http://technologizer.com/2010/09/01/ten-random-questions-about-apples-music-event/" style="border-bottom-color: rgb(0, 71, 132); border-bottom-style: dotted; border-bottom-width: 1px; clear: none; color: #1c609f; text-decoration: none;" target="_blank">Apple's Wednesday event</a>, Steve Jobs said that there are now 25,000 iPad apps-ones that are tailored to the tablet. The best of them, such as <a href="http://technologizer.com/2010/07/20/flipboard/" style="border-bottom-color: rgb(0, 71, 132); border-bottom-style: dotted; border-bottom-width: 1px; clear: none; color: #1c609f; text-decoration: none;" target="_blank">Flipboard</a>, are some of the most inventive software ever written. Even if the Galaxy Tab is a hit, it seems unlikely that it'll get vast quantities of applications built for it alone. It's going to take <em>multiple</em> popular Android tablets before third-party Android tablet apps have a shot at being even vaguely competitive with the iPad.<br />
I hope that the Tab has lots of company before too long. For now, it looks like a decent first start...</span></div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-68861630784883776372010-09-06T22:32:00.000-07:002010-09-06T22:50:32.918-07:00Most Asian Stocks Fall, led by Japanese Automakers; Steel Producers Climb - Bloomberg<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 22px;"></span><br />
<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 22px;"><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span class="Apple-style-span" style="color: #6f6f6f; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 14px;">By <span class="author" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Shani Raja</span> - <span class="datestamp" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Sep 7, 2010 12:49 PM GMT+0800</span></span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><a href="http://2.bp.blogspot.com/_X_NegAFK3PY/TIXQ310PODI/AAAAAAAAARs/od2LW-Fzwpc/s1600/data+(1).jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://2.bp.blogspot.com/_X_NegAFK3PY/TIXQ310PODI/AAAAAAAAARs/od2LW-Fzwpc/s320/data+(1).jpg" /></a>Most Asian <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=MXAP:IND" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">stocks</a> fell, led by Japanese automakers, on concern a stronger yen will hurt the value of overseas sales. Steel producers rose after U.S. President <a href="http://search.bloomberg.com/search?q=Barack%20Obama&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Barack Obama</a> proposed a $50 billion spending plan and Chinese steel prices jumped.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=7201:JT" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">Nissan Motor Co.</a>, which gets 15 percent of its sales in Europe, lost 1.9 percent in Tokyo while <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=7974:JT" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">Nintendo Co.</a>, the world’s largest maker of video-game consoles, dropped 1.2 percent in Osaka as the yen advanced against the euro. <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=ST:SP" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">Singapore Telecommunications Ltd.</a> sank 1.6 percent on speculation competition will intensify. <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=005490:KS" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">Posco</a>, the world’s No. 3 steelmaker, climbed 5.1 percent in Seoul as Obama called for a program to fix roads, railways and runways.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=MXAP:IND" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">MSCI Asia Pacific Index</a> lost 0.3 percent to 121.48 as of 1:48 p.m. in Tokyo, with two stocks dropping for each one that rose. The gauge rallied 4.6 percent in the past four days amid optimism the U.S. economy will avoid falling back into a recession. Companies in the index are valued at an average 13.9 times estimated profit, the highest level since Aug. 20.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">“Markets may be taking a breather after four straight days of gains,” said <a href="http://search.bloomberg.com/search?q=Nader%20Naeimi&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Nader Naeimi</a>, a Sydney-based strategist at AMP Capital Investors Ltd., which manages $85 billion. “We haven’t seen convincing signs that the yen will substantially weaken, and that’s bad news for the Japanese economy and share market.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Japan’s <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=NKY:IND" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">Nikkei 225 Stock Average</a> declined 0.9 percent, while China’s Shanghai Composite Index sank 0.4 percent. South Korea’s Kospi Index dropped 0.2 percent. Australia’s S&P/ASX 200 Index was little changed after the central bank kept interest rates steady, as anticipated by economists in a Bloomberg survey.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Yen Strength</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Futures on the U.S. Standard & Poor’s 500 Index were little changed. U.S. markets are due to resume trading later today after a holiday yesterday.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Nissan lost 1.9 percent to 668 yen in Tokyo, while <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=7267:JT" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">Honda Motor Co.</a>, which makes 84 percent of its revenue abroad, slipped 1.4 percent to 2,814 yen after the yen appreciated to 107.70 per euro from 108.42. Nintendo declined 1.2 percent to 23,340 yen.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">“As the yen is an important element that moves the market, its gain may weigh on Japanese stocks,” said <a href="http://search.bloomberg.com/search?q=Fumiyuki%20Nakanishi&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Fumiyuki Nakanishi</a>, a strategist at Tokyo-based SMBC Friend Securities Co.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Singapore Telecommunications, Southeast Asia’s biggest phone company, dropped 1.6 percent to S$3.06 and <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=STH:SP" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">Starhub Ltd.</a>, Singapore’s second-biggest phone operator, declined 2.8 percent to S$2.42 on competition concerns.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The InfoComm Development Authority of Singapore is seeking bids for three lots of radio frequencies allocated for 3G mobile services, according to a copy of <a href="http://www.ida.gov.sg/doc/Policies%20and%20Regulation/Policies_and_Regulation_Level3/20100903165006/3GAuction2010_InfoMemo.pdf" rel="external" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Open Web Site">auction rules</a> published by the regulator on its website.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Infrastructure Bank</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The MSCI Asia Pacific Index slumped as much as 5.3 percent from a three-month high on Aug. 6 amid concerns over global growth. The yen’s advance to a 15-year high against the U.S. dollar threatened to reduce the value of Japanese export earnings, while U.S. reports showed slower-than-estimated growth in incomes and a record plunge in home sales.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">At a rally for Labor Day yesterday, President <a href="http://search.bloomberg.com/search?q=Obama&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Obama</a> called for an “infrastructure bank” and requested money to rebuild 150,000 miles (241,400 kilometers) of roads, construct and maintain 4,000 miles of rail, and overhaul 150 miles of runways to help spur an economy that’s lost jobs for three straight months.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Posco climbed 5.1 percent to 507,000 won in Seoul today. JFE Holdings Inc., Japan’s second-largest steelmaker, surged 2.9 percent to 2,708 yen in Tokyo. <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=BSL:AU" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">BlueScope Steel Ltd.</a>, Australia’s largest steelmaker, advanced 1.7 percent to A$2.37 in Sydney.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">“Obama’s plan is helping steelmakers,” said AMP Capital’s Naeimi. “The recovery from the 2008 recession was always going be on the back of physical infrastructure spending.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Maanshan Iron & Steel Co., China’s second-biggest Hong Kong-traded steelmaker, climbed 5.3 percent to HK$4.81. Angang Steel Co. rose 4.2 percent to HK$13.06. Benchmark hot-rolled coil prices in China rose 3.5 percent yesterday as producers in Hebei province shut <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=CHMMSTEL:IND" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">mills</a>.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The rally for China’s steelmakers and metal prices has “further upside” as the government introduces stricter prices to reduce energy consumption by the end of the year, according to JPMorgan Chase & Co.</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-4133374849727488002010-09-06T22:20:00.000-07:002010-09-06T22:50:32.930-07:00UPDATE 3-Oracle hires former HP's Hurd, Phillips leaves | Reuters<div><span class="Apple-style-span" style="color: #666666; font-family: arial, helvetica, sans; font-size: 11px; line-height: 17px;"><span class="Apple-style-span" style="color: black; font-size: medium; line-height: normal;"></span></span><br />
<span class="Apple-style-span" style="color: #666666; font-family: arial, helvetica, sans; font-size: 11px; line-height: 17px;"><span class="Apple-style-span" style="color: black; font-size: medium; line-height: normal;"><div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="font-size: medium; line-height: normal;"><span class="focusParagraph"></span></span></div><div style="font-size: 20px; line-height: 1.5; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">* Hurd becomes Oracle president and named to board</div><span id="midArticle_0"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><a href="http://4.bp.blogspot.com/_X_NegAFK3PY/TIXQ_EecSEI/AAAAAAAAAR0/_1lJBFTt9ok/s1600/data+(1).jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://4.bp.blogspot.com/_X_NegAFK3PY/TIXQ_EecSEI/AAAAAAAAAR0/_1lJBFTt9ok/s320/data+(1).jpg" /></a>* Charles Phillips resigns as president of Oracle</div><span id="midArticle_1"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">* Hurd will report to Oracle CEO Larry Ellison (Adds analyst quote, bylines)</div><span id="midArticle_2"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">By <a href="http://blogs.reuters.com/search/journalist.php?edition=us&n=megan.davies&" style="color: #006e97; cursor: pointer; outline-color: initial; outline-style: none; outline-width: initial; text-decoration: none;">Megan Davies</a> and <a href="http://blogs.reuters.com/search/journalist.php?edition=us&n=ritsuko.ando&" style="color: #006e97; cursor: pointer; outline-color: initial; outline-style: none; outline-width: initial; text-decoration: none;">Ritsuko Ando</a></div><span id="midArticle_3"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">NEW YORK, Sept 6 (Reuters) - Silicon Valley technology giant Oracle Corp (<span id="symbol_ORCL.O_0"><a href="http://www.reuters.com/finance/stocks/overview?symbol=ORCL.O" style="color: #006e97; cursor: pointer; outline-color: initial; outline-style: none; outline-width: initial; text-decoration: none;">ORCL.O</a></span>) has hired Mark Hurd, the former chief executive of Hewlett-Packard Co (<span id="symbol_HPQ.N_1"><a href="http://www.reuters.com/finance/stocks/overview?symbol=HPQ.N" style="color: #006e97; cursor: pointer; outline-color: initial; outline-style: none; outline-width: initial; text-decoration: none;">HPQ.N</a></span>) who resigned amid a scandal, as president.</div><span id="midArticle_4"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Hurd, a close friend of Oracle CEO Larry Ellison will replace Charles Phillips, who has resigned, Oracle said in a statement on Monday. Phillips was co-president alongside Safra Catz, who remains in her role.</div><span id="midArticle_5"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Ellison had slammed HP's decision to oust Hurd, calling the actions of HP's board "cowardly." [ID:nLDE67901P]</div><span id="midArticle_6"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Hurd resigned from HP on Aug. 6, after a probe into sexual harassment allegations. HP said at the time that he filed inaccurate expense reports related to Jodie Fisher, a marketing contractor who worked for Hurd's office from 2007 through 2009.</div><span id="midArticle_7"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"Mark did a brilliant job at HP and I expect he'll do even better at Oracle," said Ellison in a statement on Monday.</div><span id="midArticle_8"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Shares of HP are down 13 percent since Hurd's resignation. Plucked from relative obscurity to head HP, Hurd is credited with resuscitating the technology giant by cutting costs and pursuing ambitious acquisitions.</div><span id="midArticle_9"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">HP said the expense reports were meant to hide a "close personal relationship" with Fisher, a sometime actress who has appeared in television shows and movies.</div><span id="midArticle_10"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Oracle, the world's third largest software maker, competes with HP as well as with International Business Machines Corp (<span id="symbol_IBM.N_2"><a href="http://www.reuters.com/finance/stocks/overview?symbol=IBM.N" style="color: #006e97; cursor: pointer; outline-color: initial; outline-style: none; outline-width: initial; text-decoration: none;">IBM.N</a></span>) and SAP (<span id="symbol_SAPG.DE_3"><a href="http://www.reuters.com/finance/stocks/overview?symbol=SAPG.DE" style="color: #006e97; cursor: pointer; outline-color: initial; outline-style: none; outline-width: initial; text-decoration: none;">SAPG.DE</a></span>).</div><span id="midArticle_11"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"I believe Oracle's strategy of combining software with hardware will enable Oracle to beat IBM in both enterprise servers and storage," Hurd said in Monday's statement.</div><span id="midArticle_12"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">In June, Oracle reported a quarterly profit that exceeded Street projections and a 14 percent climb in sales of new software, signaling the tech spending recovery is on track as businesses shell out on big-ticket items again.</div><span id="midArticle_13"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"Oracle is clearly capitalizing on this opportunity to get someone strong from a top hardware company," said Forrester analyst James Staten. "In terms of how this helps Oracle against IBM, there is reason to be optimistic."</div><span id="midArticle_14"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Still, Staten noted there will now be two strong personalities at the top.</div><span id="midArticle_15"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"So Mark Hurd will have someone who's very hands-on sitting above him," Staten said. "But we have to assume they'll get along."</div><span id="midArticle_0"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">PHILLIPS DEPARTED</div><span id="midArticle_1"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Phillips, along with Oracle's other president Catz, had at one time been seen as a possible successor to Ellison.</div><span id="midArticle_2"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">A former star software analyst at Morgan Stanley, Phillips was put on the spot earlier this year when huge billboards depicting the married software executive with YaVaughnie Wilkins, his former mistress, appeared in New York, Atlanta and San Francisco.</div><span id="midArticle_3"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The billboards with the words "You are my soulmate forever!" appeared to be an attempt by Wilkins to embarrass Phillips after their relationship ended and he returned to his wife.</div><span id="midArticle_4"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">He was also publicly corrected by his company after he said Oracle could "easily" spend about double the $35 billion it had spent over the past five years. That prompted a company spokeswoman to issue a statement saying the company did not have a five-year M&A budget.</div><span id="midArticle_5"></span><br />
<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Ellison said in Monday's statement that Phillips had approached him last December "and expressed his desire to transition out of the company". Ellison said in the statement he asked him to stay on through the integration of Sun Microsystems. Oracle bought computer maker Sun in 2009 in a deal worth more than $7 billion.</div></span></span></div>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-86226967288901789262010-09-06T22:19:00.000-07:002010-09-06T22:50:32.937-07:00Tropical Storm Hermine Makes Landfall on East Coast of Mexico, Center Says - Bloomberg<span class="Apple-style-span" style="color: #6f6f6f; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 14px;">By <span class="author" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Stuart Biggs</span> - <span class="datestamp" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Sep 7, 2010 11:41 AM GMT+0800</span></span><br />
<div><span class="Apple-style-span" style="color: #6f6f6f; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 14px;"><span class="datestamp" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><br />
</span></span></div><div><span class="Apple-style-span" style="color: #6f6f6f; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 14px;"><span class="datestamp" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span class="Apple-style-span" style="color: black; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 22px;"></span></span></span><br />
<span class="Apple-style-span" style="color: #6f6f6f; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 14px;"><span class="datestamp" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span class="Apple-style-span" style="color: black; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 22px;"></span></span></span><br />
<span class="Apple-style-span" style="color: #6f6f6f; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 14px;"><span class="datestamp" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span class="Apple-style-span" style="color: black; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 22px;"><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Tropical Storm Hermine made landfall in northeastern Mexico close to the border with Texas, bringing strong winds and heavy rain, the U.S. National Hurricane Center said in a website<a href="http://www.nhc.noaa.gov/text/refresh/MIATCPAT5+shtml/062345.shtml?" rel="external" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Open Web Site">advisory</a>.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The storm came ashore around 8:30 p.m. Mexico City time and was about 190 kilometers (120 miles) north of La Pesca, Mexico and about 45 kilometers south of Brownsville, Texas, at 10 p.m. the center said.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Hermine’s sustained winds dropped to 95 kilometers (60 miles) per hour from 105 kph when it crossed the coast, the center said in an advisory at 10 p.m. Mexico City time. The storm was moving north-northwest at 22 kph and is expected to move into southern Texas tomorrow, the center said.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The storm caused landslides that destroyed 20 houses and left 120 people homeless in Mexico’s Hidalgo state, the Associated Press reported, citing local authorities. Authorities in Tamaulipas state began evacuating 3,500 people, the news agency reported.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">A tropical storm warning extends from Bahia Algodones, Mexico northward to Port O’Connor, Texas, the center said. Hurricane watches for the coastal areas of Texas and Mexico were dropped.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Hermine, the eighth named storm of the Atlantic hurricane season, may bring as much as 20 centimeters (8 inches) of rain to northeastern Mexico and southern Texas, with isolated areas getting as much as 30 centimeters, the center said.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">“These rains could cause life-threatening flash floods,” the center said. “Isolated tornadoes are possible along the lower and middle Texas coast.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The hurricane center is also monitoring the remnants of Tropical Storm Gaston in the Atlantic, which the agency says has a 50 percent chance of re-forming into a tropical cyclone over the next two days.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">That system was east of the northernmost Leeward islands at 8 p.m. Miami time, the center said.</div></span></span></span></div>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-81619149601193928212010-09-05T22:14:00.000-07:002010-09-05T22:40:36.994-07:00Kanye West Apologizes To Taylor Swift, Again<div class="location" style="float: left; font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 5px; padding-top: 0px;">LOS ANGELES, Calif. --</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">A little over a week ahead of his return to the stage at MTV’s Video Music Awards, Kanye West has issued a new apology to Taylor Swift.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">The controversial rapper took to his <a href="http://twitter.com/statuses/user_timeline/169686021.rss" style="color: black; font-family: Arial, sans-serif; font-size: 12px; font-weight: bold; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;" target="_blank">Twitter</a> account on Saturday morning for an early morning mea culpa of sorts, posting dozens of messages in under one hour – including a new apology for jumping on stage during Taylor’s Best Female Video award acceptance speech, where he stole the mic and suggested Beyonce should have picked up the moonman.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“I’m sorry Taylor,” Kanye Tweeted, following a lengthy Twitter rant about the career misfortune and media scrutiny he claimed to have suffered following the 2009 incident.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">After starting out his Saturday Tweets about his upcoming new tunes, Kanye posted a series of messages he referred to as a “stream of consciousness,” where he took up what happened at the VMAs.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“I’ve been straying from this subject on twitter but I have to give it to you guys raw now,” Kanye Tweeted.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">The “Heartless” rapper then claimed that he has suffered major repercussions from the incident, both emotionally and financially.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“How deep is the scar… I bled hard.. cancelled tour with the number one pop star in the world [Lady Gaga] … closed the doors of my clothing office,” he wrote. “Had to let employees go… for the first time I felt the impact of my brash actions … I felt the recession from an ownership side.”</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">The rapper wrote that he felt like a worse version of Will Ferrell’s “Anchorman: The Legend of Ron Burgundy” character, following the fictional newscaster’s fall from grace.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“People booed when I would go to concerts,” he wrote, adding, “Remember in Anchor Man when Ron Burg[u]ndy cursed on air and the entire city turned on him? But this wasn’t a joke. This was & is my real life.”</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">The tone of Kanye’s rant was mainly apologetic, with a few ego-driven Kanye-isms thrown in. While the star insinuated that he may not have handled the situation tactfully, he suggested some viewers probably agreed with his praise for Beyonce’s “Single Ladies (Put a Ring on It),” which lost out to Taylor’s “You Belong with Me.”</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“There’s a layer of… hey Kanye said what I was thinking,” he Tweeted.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">Kanye went on to Tweet that if he had been at the Grammy Awards when Justin Timberlake was up for a host of nods for his 2006 album, “FutureSex/LoveSounds,” he would have stormed the stage out of principle.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“I watched Justin Timberlake at the Gramm[ys] loose every televised award including album of the year which the Dixie Chicks won,” he wrote. “I would have ran on stage for Justin that night because Sexy Back (in my mind) was that important… that impactful to our culture.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“It’s not about race America. No one in our position ever stands up and says anything anymore,” he added.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">As for Taylor, Kanye claimed he penned song for the country cutie, and would like her to perform it.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“I wrote a song for Taylor Swift that’s so beautiful and I want her to have it. If she won’t take it then I’ll perform it for her,” the star wrote.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">The rapper finished his rant by Tweeting that he plans to win people back.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“I want to win there [sic] hearts back so I can continue to bring my take on culture to the masses with a clean opinion,” he Tweeted, before finally dropping the apology. “It starts with this…”</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">“I’m sorry Taylor,” he concluded.</div><div style="font-family: Arial, sans-serif; font-size: 12px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 10px; padding-right: 10px; padding-top: 0px;">As previously reported on <em style="font-family: Arial, sans-serif; font-size: 12px; font-style: italic; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">AccessHollywood.com</em>, Kanye West will be performing at the 2010 MTV Video Music Awards, which air live from Los Angeles on September 12 at 9 PM.</div><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></span><br />
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<object height="325" width="400"><param name="movie" value="http://www.youtube.com/v/-QMc7h6HRsI?fs=1&hl=en_US&color1=0x006699&color2=0x54abd6"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/-QMc7h6HRsI?fs=1&hl=en_US&color1=0x006699&color2=0x54abd6" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="400" height="325"></embed></object><br />
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<h1 id="watch-headline-title" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-size: 1.6666em; font-weight: bold; height: 23px; line-height: 23px; margin-bottom: 5px; margin-left: 0px; margin-right: 0px; margin-top: 0px; max-height: 23px; outline-color: initial; outline-style: initial; outline-width: 0px; overflow-x: hidden; overflow-y: hidden; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="long-title" dir="ltr" id="eow-title" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 0.9166em; letter-spacing: -0.5px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" title="CRYING Kanye West Apologizes To Taylor Swift during Interview">CRYING Kanye West Apologizes To Taylor Swift during Interview</span></h1><br />
<object height="325" width="400"><param name="movie" value="http://www.youtube.com/v/vCyLD-iA-3A?fs=1&hl=en_US&color1=0x006699&color2=0x54abd6"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/vCyLD-iA-3A?fs=1&hl=en_US&color1=0x006699&color2=0x54abd6" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="400" height="325"></embed></object>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-9251854811000245142010-09-05T22:13:00.000-07:002010-09-05T22:40:37.001-07:00Victoria Beckham storms Twitter for fashion - International Business Times<table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody>
<tr><td style="text-align: center;"><a href="http://1.bp.blogspot.com/_X_NegAFK3PY/TIR6YKc6EbI/AAAAAAAAAPk/4_48ixl6FZ8/s1600/44576-victoria-beckham-at-lg-fashion-week.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" src="http://1.bp.blogspot.com/_X_NegAFK3PY/TIR6YKc6EbI/AAAAAAAAAPk/4_48ixl6FZ8/s320/44576-victoria-beckham-at-lg-fashion-week.jpg" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Vitoria Beckham in LG Fashion show</td></tr>
</tbody></table><span class="Apple-style-span" style="color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 21px;">Victoria Beckham's recent venture to <span class="tpk" style="font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><a href="http://au.ibtimes.com/topics/detail/368/twitter/" style="color: #0051a1; font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;">Twitter</a></span> is deemed a success, with more 100, 000 followers within a matter of days. </span><br />
<div><span class="Apple-style-span" style="color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 21px;"><br />
</span></div><div><span class="Apple-style-span" style="color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 130%;"><span class="Apple-style-span" style="font-size: 14px; line-height: 21px;"><span class="Apple-style-span" style="font-family: Helvetica, Arial, sans-serif; font-size: 10px; line-height: normal;"></span></span></span><br />
<span class="Apple-style-span" style="color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 130%;"><span class="Apple-style-span" style="font-size: 14px; line-height: 21px;"><span class="Apple-style-span" style="font-family: Helvetica, Arial, sans-serif; font-size: 10px; line-height: normal;"></span></span></span><br />
<span class="Apple-style-span" style="color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 130%;"><span class="Apple-style-span" style="font-size: 14px; line-height: 21px;"><span class="Apple-style-span" style="font-family: Helvetica, Arial, sans-serif; font-size: 10px; line-height: normal;"><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify;">Beckham received some lift from <span class="tpk" style="font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><a href="http://au.ibtimes.com/topics/detail/574/hollywood/" style="color: #0051a1; font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;">Hollywood</a></span> actress Eva Longoria tweeting "Hey everyone, my dear friend Victoria Beckham is finally on twitter! Give her a warm welcome!"</div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify;">The two were seen out in London for dinner last Saturday with Longoria wearing one of Victoria's designs. Reportedly, Mrs. Beckham is on an all out PR campaign for her designs in preparation for <span class="tpk" style="font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><a href="http://au.ibtimes.com/topics/detail/456/new-york/" style="color: #0051a1; font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;">New York</a></span> Fashion Week.</div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify;">Longoria and Victoria Beckham are also featured together in a new U.S. ad for <span class="tpk" style="font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><a href="http://au.ibtimes.com/topics/detail/371/lg-electronics/" style="color: #0051a1; font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;">LG Electronics</a></span>-sponsored LG Fashion Touch phones, with Victoria playing a "serious fashionista" with Eva as the model she styles.</div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify;"><span class="Apple-style-span" style="color: black; font-size: 12px; line-height: normal;"></span></div><div class="articlebox" style="font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="fontresize10" id="bodytext3" style="color: #333333; font-family: Helvetica, Arial, sans-serif; font-size: 10px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; z-index: 0;"><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify;">Eva Longoria is currently in the <span class="tpk" style="font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><a href="http://au.ibtimes.com/topics/detail/346/united-kingdom/" style="color: #0051a1; font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;">United Kingdom</a></span>to promote her new fragrance. Beckham said in her <span class="tpk" style="font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><a href="http://au.ibtimes.com/topics/detail/368/twitter/" style="color: #0051a1; font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;">Twitter</a></span> account that Longoria looks stunning in a dress from her the fall collection that she is wearing at the launch of fragrance today in London.</div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; text-align: left;"><tbody>
<tr><td style="text-align: center;"><a href="http://3.bp.blogspot.com/_X_NegAFK3PY/TIR6Yl62aeI/AAAAAAAAAPs/CG2NYuN4peI/s1600/368-twitter.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" src="http://3.bp.blogspot.com/_X_NegAFK3PY/TIR6Yl62aeI/AAAAAAAAAPs/CG2NYuN4peI/s320/368-twitter.jpg" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">victoria's twitter</td></tr>
</tbody></table><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify;">But Beckham's Twitter presence did not go all smooth. Victoria was criticize for posting a photograph of her pet Coco Beckham wearing red nail polish. </div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify;">"Introducing Coco Beckham! check out the red nails!" wrote Victoria in her Twitter.</div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify;">The stunt was not received well with Beckham's new followers with some blasting the former Spice Girl for being "cruel."</div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: justify;">But that did not stop "VB" as she signs her tweets, from amassing 103, 304 followers at her Twitter account @vbfashionweek. Victoria even got praises via Twitter from reality star Kim Kardashian who professed that Beckham is one of her favourite fashion icon. </div></div><div class="clear" style="clear: both; display: block; font-family: Arial, Helvetica, sans-serif; line-height: 0; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; visibility: hidden;"></div></div><div id="article_copyright" style="border-top-color: rgb(217, 221, 229); border-top-style: dotted; border-top-width: 1px; color: #888888; font-family: Arial, Helvetica, sans-serif; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 7px; padding-left: 7px; padding-right: 7px; padding-top: 7px; text-align: right;">This article is copyrighted by IBTimes.com.au, the <a href="http://au.ibtimes.com/" style="color: #2064ad; font-family: Arial, Helvetica, sans-serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;">business news</a> leader</div></span></span></span></div>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-61195814575146993032010-09-05T22:12:00.000-07:002010-09-05T22:40:37.007-07:00Justin Bieber "heads" visit Maryland State Fair - baltimoresun.com<span class="Apple-style-span" style="border-collapse: collapse; font-family: arial, sans-serif; font-size: 11px;"></span><br />
<span class="Apple-style-span" style="border-collapse: collapse; font-family: arial, sans-serif; font-size: 11px;"></span><br />
<span class="Apple-style-span" style="border-collapse: collapse; font-family: arial, sans-serif; font-size: 11px;"><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/_X_NegAFK3PY/TIR65XDRf6I/AAAAAAAAAP0/eZ2iBbBNscQ/s1600/55996932.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://1.bp.blogspot.com/_X_NegAFK3PY/TIR65XDRf6I/AAAAAAAAAP0/eZ2iBbBNscQ/s320/55996932.jpg" /></a></div><h1 style="color: #003344; font-size: 13px; font-weight: 700; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"Bieber heads" at Maryland State Fair</h1><div class="subheadline" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><span class="credit">(<span class="photographer"> Baltimore Sun photo by Algerina Perna </span>/ September 5, 2010 )</span><br />
<br />
<div id="pgCaption" style="font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 10px; padding-top: 10px; text-align: left;">Justin "Bieber Heads" Renee Riva, 21,from Boston, and Julie Kirkpatrick, 21, from Pittsburgh, who are both seniors at Loyola college, came dressed to the Maryland State Fair in Bieber heads in the spirit of the Justin Bieber concert this evening. All their friends know they're big Bieber fans, and text and twitter them anytime they hear anything about him. One of the things Kirkpatrick likes best about him is that "he always stays connected with his fans through twitter and we love tweeting to him."</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-29074664056773878152010-09-05T22:11:00.000-07:002010-09-05T22:40:37.019-07:00Critic praises Craigslist move to censor ads, calls for more info - CNN.com<span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><b style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">(CNN)</b></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"> -- Online classified service Craigslist's decision to censor its adult services section is a "good step but a continuing battle has to be fought," a leader in the fight against prostitution ads said on Sunday.</span><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">"I'm very pleased by this very solid and significant apparent step in the right direction," said Connecticut Attorney General Richard Blumenthal, who spearheaded a recent letter from 17 attorneys general urging Craigslist to discontinue its adult services section.</span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">"I say apparent because we have received no definite or definitive word from Craigslist that the shutdown is permanent or complete," Blumenthal told CNN's Tom Foreman.</span></span><br />
<div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">Blumenthal said he wants to broaden his fight against online prostitution ads but that "right now our focus is really on Craigslist."</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">"We're taking it one step at a time," he said. "We want to verify and confirm that Craigslist is in fact shutting down (its adult services section)."</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">The embattled website has been under fire for allegations that it promotes prostitution.</span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">"These prostitution ads enable human trafficking and assaults on women," Blumenthal said Saturday. "They are flagrant and rampant. Craigslist has lacked the wherewithal or will to effectively screen them out."</span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">The section that usually reads "adult services" on Craigslist was replaced Saturday by the word "censored."</span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">It was not clear whether Craigslist removed the adult services and replaced them with the "censored" section, which had a link that was not active. But for users who accessed the account outside the United States, the adult services link was still active.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">Craigslist representatives said on Saturday that they will release a statement at a later time.</span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">"If it remains shut down it will be a model for other sites, we hope, because Craigslist is by far the biggest," said Blumenthal, who is running for the U.S. Senate in Connecticut as a Democrat.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">He said that he would try to change federal laws to make it easier to prosecute sites like Craigslist.</span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">"Craigslist says it cannot be held legally responsible for anything on its site," he said. "My belief is strongly ... that we need to change that."</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">In the August 24 letter to Craigslist CEO Jim Buckmaster and founder Craig Newmark, the attorneys general wrote: "The increasingly sharp public criticism of Craigslist's Adult Services section reflects a growing recognition that ads for prostitution -- including ads trafficking children -- are rampant on it."</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">Blumenthal said on Sunday that attorneys general from three more states have joined his campaign against Craigslist's adult services ads. Blumenthal didn't say which attorneys general joined the initial list of 17.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">A Craigslist spokeswoman said at the time that the site agreed with at least some of the letter.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">"We strongly support the attorneys general desire to end trafficking in children and women, through the internet or by any other means," said Susan MacTavish Best, who handles press inquiries for Craigslist.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">"We hope to work closely with them, as we are with experts at nonprofits and in law enforcement, to prevent misuse of our site in facilitation of trafficking, and to combat such crimes wherever they appear, online or offline."</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">In their letter, the attorneys general highlighted an open letter, which appeared as a Washington Post ad, in which two girls said they were sold for sex on Craigslist.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">When the ad came out, Buckmaster wrote a blog post in response that said, "Craigslist is anxious to know that the perpetrators in these girls' cases are behind bars."</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">The letter also highlighted a report in May by CNN's Amber Lyon, who posted a fake ad for a girl's services in the adult section. She received 15 calls soliciting sex in three hours.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">Earlier this month, Lyon interviewed a woman named "Jessica" who sells sex on Craigslist. The woman said a Craigslist ad was "the fastest, quickest way you're for sure going to see somebody that day."</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">In a later blog post, Buckmaster said Craigslist implemented manual screening of adult services ads in May 2009. "Since that time, before being posted each individual ad is reviewed by an attorney," the post said.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">He said the attorneys are trained to enforce Craigslist's posting guidelines, "which are stricter than those typically used by yellow pages, newspapers, or any other company that we are aware of."</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">Attorneys general from Arkansas, Connecticut, Idaho, Illinois, Iowa, Kansas, Maryland, Michigan, Mississippi, Missouri, New Hampshire, Ohio, Rhode Island, South Carolina, Tennessee, Texas and Virginia made the request a week after accused "Craigslist killer" Philip Markoff committed suicide in jail.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">Markoff was charged with the April 2009 killing of Julissa Brisman. Boston Police said that Brisman, a model, advertised as a masseuse on Craigslist, and Markoff might have met her through the website.</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">In 2008, under pressure from state prosecutors, the website raised the fees for posting adult services ads. In 2009, it started donating portions of the money generated by adult ads to charity.</span></span></div><div><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"><br />
</span></div><div><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;"></span></span><span class="Apple-style-span" style="font-family: arial; font-size: 14px; line-height: 19px;">A CNN investigation of Craigslist's adult services section, which replaced "erotic services ads" two years ago, counted more than 7,000 ads in a single day. Many offered thinly veiled "services" for anything from $50 for a half-hour to $400 an hour.</span></div>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-55918858824567687622010-09-05T22:10:00.000-07:002010-09-05T22:40:37.028-07:00FOREX-Dollar on defensive after solid U.S. payrolls<span class="Apple-style-span" style="font-family: arial, sans-serif; font-size: 12px;"></span><br />
<span class="Apple-style-span" style="font-family: arial, sans-serif; font-size: 12px;"></span><br />
<span class="Apple-style-span" style="font-family: arial, sans-serif; font-size: 12px;"><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">By Hideyuki Sano</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">TOKYO, Sept 6 (Reuters) - The dollar was on the defensive onMonday after firm U.S. payrolls data last week eased marketanxiety over chances of a global slowdown and boosted demand forthe euro and growth-leveraged currencies.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The <a class="kLink" href="http://www.foxbusiness.com/markets/2010/09/05/forex-dollar-defensive-solid-payrolls/#" id="KonaLink0" style="background-attachment: initial !important; background-clip: initial !important; background-color: transparent !important; background-image: none !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: initial initial !important; border-bottom-color: transparent !important; border-bottom-style: none !important; border-bottom-width: 0px !important; border-color: initial; border-left-color: transparent !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: transparent !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: transparent !important; border-top-style: none !important; border-top-width: 0px !important; bottom: 0px; color: blue !important; cursor: pointer; display: inline !important; font-family: verdana; font-size: 14px; font-variant: normal; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; right: 0px; text-decoration: underline !important; text-transform: none !important; top: 0px; vertical-align: baseline;" target="undefined"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: blue; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: static; vertical-align: baseline;"><span class="kLink" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: none; background-origin: initial; border-bottom-width: 1px; border-color: initial; border-left-color: initial !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: initial !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: initial !important; border-top-style: none !important; border-top-width: 0px !important; color: blue; display: inline !important; float: none !important; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; vertical-align: baseline; width: auto !important;">dollar</span></span></a> looked vulnerable against the yen after failing tomaintain its gains following Friday's payrolls data, thoughcaution about Japanese intervention deterred further yen buying.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">"When risk appetite comes back, both the dollar and the yenare weak. But because the dollar has low interest rates despiteU.S. twin deficits, its weakness tends to stand out even againstthe yen," said Tohru Sasaki, chief FX strategist at J.P. MorganChase Bank.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">"This shows the dollar/yen is unlikely to rise whether globalmarkets are leaning towards risk taking or not," he said.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span class="Apple-style-span" style="font-size: 12px; line-height: normal;"></span></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">U.S. non-farm payrolls fell 54,000, a much smaller drop thanthe predicted 100,000. Private employment, considered a bettergauge of labour market health, increased 67,000.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">In currency markets, rising risk appetite has tended to helpthe euro and higher-yielding currencies in recent months, asinvestors increasingly see the greenback as a <a class="kLink" href="http://www.foxbusiness.com/markets/2010/09/05/forex-dollar-defensive-solid-payrolls/#" id="KonaLink1" style="background-attachment: initial !important; background-clip: initial !important; background-color: transparent !important; background-image: none !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: initial initial !important; border-bottom-color: transparent !important; border-bottom-style: none !important; border-bottom-width: 0px !important; border-color: initial; border-left-color: transparent !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: transparent !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: transparent !important; border-top-style: none !important; border-top-width: 0px !important; bottom: 0px; color: blue !important; cursor: pointer; display: inline !important; font-family: verdana; font-size: 14px; font-variant: normal; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; right: 0px; text-decoration: underline !important; text-transform: none !important; top: 0px; vertical-align: baseline;" target="undefined"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: blue; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: static; vertical-align: baseline;"><span class="kLink" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: none; background-origin: initial; border-bottom-width: 1px; border-color: initial; border-left-color: initial !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: initial !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: initial !important; border-top-style: none !important; border-top-width: 0px !important; color: blue; display: inline !important; float: none !important; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; vertical-align: baseline; width: auto !important;">funding</span></span><span class="preLoadWrap" id="preLoadWrap1" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: relative; vertical-align: baseline;"></span></a>currencyfor investments on expectations of a prolonged period of nearzero rates in the U.S.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The euro changed hands at $1.2887, having risen to $1.2898after the payrolls data on Friday, its highest in two weeks.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">It faces resistance at around $1.2897, a Fibonacciretracement from early July to August. More resistance is seenaround $1.2920-35, which capped the currency in mid-August.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The Australian dollar fetched $0.9150, down about 0.3 percentfrom late U.S. levels last week but still near a four-week higharound $0.9176 hit after the U.S. payrolls figures.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The Aussie needs to tackle resistance around $0.9180, itstrendline from highs in April and August, and the $0.9220-25area, its peak in early August.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Dollar/yen stood at 84.40 yen per dollar, not far from a15-year low of 83.58 marked late last month. It rose briefly to85.23 after the payroll data, but quickly erased the gains.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The yen has been bought in the past few months as investorstend to favour <a class="kLink" href="http://www.foxbusiness.com/markets/2010/09/05/forex-dollar-defensive-solid-payrolls/#" id="KonaLink2" style="background-attachment: initial !important; background-clip: initial !important; background-color: transparent !important; background-image: none !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: initial initial !important; border-bottom-color: transparent !important; border-bottom-style: none !important; border-bottom-width: 0px !important; border-color: initial; border-left-color: transparent !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: transparent !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: transparent !important; border-top-style: none !important; border-top-width: 0px !important; bottom: 0px; color: blue !important; cursor: pointer; display: inline !important; font-family: verdana; font-size: 14px; font-variant: normal; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; right: 0px; text-decoration: underline !important; text-transform: none !important; top: 0px; vertical-align: baseline;" target="undefined"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: blue; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: static; vertical-align: baseline;"><span class="kLink" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: none; background-origin: initial; border-bottom-width: 1px; border-color: initial; border-left-color: initial !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: initial !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: initial !important; border-top-style: none !important; border-top-width: 0px !important; color: blue; display: inline !important; float: none !important; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; vertical-align: baseline; width: auto !important;">currencies</span></span></a> from countries with a current accountsurplus when they want to avoid risky assets.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Japan's positive balance of payments figures mean dollarselling by Japanese exporters constantly outweighs dollar buyingby Japanese importers, capping the greenback versus the yen.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Indeed, many dealers suspect Japanese exporters still havedollars to offload ahead of their half-year finish at the end ofSeptember. Their offers are expected to be lined up above 85.00and onwards.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Dollar/yen has had a very high correlation with U.S. yieldlevels in recent months. The lower U.S. yields are, the cheaperthe dollar is against the yen, as lower yields tend to discourageinvestment in the dollar from Japan.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">On Friday, however, the dollar did not make much headwayagainst the yen even as the payrolls data pushed U.S. yieldssharply higher.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Partly offseting the effect of rises in U.S. yields arerecent spikes in Japanese bond yields. The 10-year Japanesegovernment bond yields have risen 25 basis points in less thantwo weeks, which was almost as big as the rise in 10-year U.S.yields during the same period.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Data from the U.S. <a class="kLink" href="http://www.foxbusiness.com/markets/2010/09/05/forex-dollar-defensive-solid-payrolls/#" id="KonaLink3" style="background-attachment: initial !important; background-clip: initial !important; background-color: transparent !important; background-image: none !important; background-origin: initial !important; background-position: initial initial !important; background-repeat: initial initial !important; border-bottom-color: transparent !important; border-bottom-style: none !important; border-bottom-width: 0px !important; border-color: initial; border-left-color: transparent !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: transparent !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: transparent !important; border-top-style: none !important; border-top-width: 0px !important; bottom: 0px; color: blue !important; cursor: pointer; display: inline !important; font-family: verdana; font-size: 14px; font-variant: normal; left: 0px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: initial; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; right: 0px; text-decoration: underline !important; text-transform: none !important; top: 0px; vertical-align: baseline;" target="undefined"><span style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: blue; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: static; vertical-align: baseline;"><span class="kLink" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: none; background-origin: initial; border-bottom-width: 1px; border-color: initial; border-left-color: initial !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: initial !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: initial !important; border-top-style: none !important; border-top-width: 0px !important; color: blue; display: inline !important; float: none !important; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; vertical-align: baseline; width: auto !important;">Commodity </span><span class="kLink" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: none; background-origin: initial; border-bottom-width: 1px; border-color: initial; border-left-color: initial !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: initial !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: initial !important; border-top-style: none !important; border-top-width: 0px !important; color: blue; display: inline !important; float: none !important; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; vertical-align: baseline; width: auto !important;">Futures </span><span class="kLink" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: none; background-origin: initial; border-bottom-width: 1px; border-color: initial; border-left-color: initial !important; border-left-style: none !important; border-left-width: 0px !important; border-right-color: initial !important; border-right-style: none !important; border-right-width: 0px !important; border-style: initial; border-top-color: initial !important; border-top-style: none !important; border-top-width: 0px !important; color: blue; display: inline !important; float: none !important; font-family: arial, sans-serif; font-size: 14px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 1px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; position: static; vertical-align: baseline; width: auto !important;">Trading</span></span></a> Commissionshowed on Friday that currency speculators trimmed their longpositions on the yen last week but they still have big yen longpositions.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Their long positions were cut to 49,904 from 51,069 contractsthe week before.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Some analysts say the dollar could eventually gain, however,particularly if Japanese government bond yields stop rising.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">"The U.S. dollar appears to be rebounding, which could makefor a rise in dollar/yen to 85-86 yen," said Masafumi Yamamoto,chief FX strategist at Barclays.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: black; font-size: 14px; line-height: 20px; margin-bottom: 20px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The New Zealand dollar erased slim losses earlier to standflat at $0.7210, after a magnitude 7.1 earthquake struck thecountry's second-largest city, Christchurch, causing widespreaddamage to infrastructure. (Additional contribution from Reuters analyst Rick Lloyd inSingapore, Editing by Michael Watson and Joseph Radford)</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-44852304100536754022010-09-05T22:09:00.000-07:002010-09-05T22:40:37.035-07:00Pakistan 'suicide bomber' targets police station<span class="Apple-style-span" style="color: #505050; font-family: Arial, sans-serif; font-size: 13px; line-height: 16px;"></span><br />
<span class="Apple-style-span" style="color: #505050; font-family: Arial, sans-serif; font-size: 13px; line-height: 16px;"></span><br />
<span class="Apple-style-span" style="color: #505050; font-family: Arial, sans-serif; font-size: 13px; line-height: 16px;"><div class="introduction" style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; font-weight: bold; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;"><a href="http://3.bp.blogspot.com/_X_NegAFK3PY/TIR7yfETncI/AAAAAAAAAP8/CIOLyGWweHM/s1600/_7642_suicide-bomber-3-11-2003.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://3.bp.blogspot.com/_X_NegAFK3PY/TIR7yfETncI/AAAAAAAAAP8/CIOLyGWweHM/s320/_7642_suicide-bomber-3-11-2003.jpg" /></a>A suspected suicide car bombing in north-west Pakistan has killed at least 14 people, police say.</div><div style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;">The explosion took place at a police station in the town of Lakki Marwat in the Khyber region south of Peshawar.</div><div style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;">There are reports that police officers are among the casualties.</div><div style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;">Nearly 100 people were killed in suicide bomb attacks on Shia Muslim processions in the cities of Lahore and Quetta last week. The attacks ended a lull in violence during severe floods.</div><div style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;"><span class="Apple-style-span" style="color: #505050; font-size: 13px; line-height: 16px;"></span></div><div id="story_continues_1" style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;">A police official in Lakki Marwat said a car bomb was driven into the police station.</div><div style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;">"A suicide attacker drove his bomb-laden vehicle into the back of the police post," Gul Wali Khan told the AFP news agency.</div><div style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;">Rescue workers and police officials are digging through the rubble left by the bombing, another officer told the Associated Press.</div><div style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;">Pakistan's security forces have been fighting Taliban and al-Qaeda militants based in the north-west of the country.</div><div style="clear: left; color: #333333; font-family: Arial, sans-serif; font-size: 1.077em; line-height: 18px; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-rendering: auto;">Members of the Afghan Taliban are also based in the region.</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-65382460882627129332010-09-05T22:08:00.000-07:002010-09-05T22:40:37.042-07:00Labor Day news grim, but gloom may lift soon<span class="Apple-style-span" style="font-family: 'Times New Roman'; font-size: 13px;"></span><br />
<span class="Apple-style-span" style="font-family: 'Times New Roman'; font-size: 13px;">It's been more than a century since <a href="http://topics.sfgate.com/topics/Grover_Cleveland" style="text-decoration: underline;" target="_top">President Grover Cleveland</a> signed the law that made the first Monday in September a federal holiday for working stiffs, but this Labor Day finds Americans in an economic squeeze that leaves little to celebrate.<br />
About 15 million Americans are out of work. Jobs are so scarce that 42 percent of the unemployed have been jobless for more than six months. Even the fortunate 90 percent of Americans who still head to the office every day are finding the work piled on higher, even as their wages stagnate.<br />
Meanwhile, union membership is in retreat as the fiscal woes of state and local governments undermine the public sector employees who are one of organized labor's last bastions.<br />
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<span class="Apple-style-span" style="font-family: 'Times New Roman'; font-size: 13px;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody>
<tr><td style="text-align: center;"><a href="http://2.bp.blogspot.com/_X_NegAFK3PY/TIR78KevfWI/AAAAAAAAAQE/_HcBVM1GZew/s1600/bu-bottomline05__0502183450_part6.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" src="http://2.bp.blogspot.com/_X_NegAFK3PY/TIR78KevfWI/AAAAAAAAAQE/_HcBVM1GZew/s320/bu-bottomline05__0502183450_part6.jpg" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><div class="byline">Robyn Beck / AFP/Getty Images</div><div class="caption">A woman waits outside a beauty salon with a "Help Wanted" sign in </div><div class="caption">East Los Angeles. A better-than-expected report on employment Friday </div><div class="caption">was the latest piece of improving news on the economy. The Labor Department </div><div class="caption" style="text-align: center;">said companies added 67,000 jobs in August, more than analysts expected</div></td></tr>
</tbody></table>With so many forces pressing down, it takes an effort of will to see some of the trends pushing the economy back up, especially in the <a href="http://topics.sfgate.com/topics/San_Francisco_Bay_Area" style="text-decoration: underline;" target="_top">Bay Area</a>, where new and emerging industries like biotechnology, medical devices, green technology and cloud computing are attracting the venture capital and entrepreneurial base for a new prosperity.<br />
But today it's likely that hot dogs will outnumber tri-tips on Bay Area barbecues, as the uncertainty that causes bosses to delay hiring and the fear of a double dip recession also makes consumers save pennies for a rainy day.<br />
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<h3 class="subhead">Wage slump</h3>Perhaps of greatest interest to the 130 million Americans who are enjoying a day off before they head back to work Tuesday, an analysis by the Economic Policy Institute highlights the wage slump that darkens this Labor Day.<br />
The institute, a liberal think tank in Washington, calculates that the average annual private sector wage rose 3.4 percent from 2006 to 2007, before adjusting for inflation. But last year that wage growth was cut in half to 1.6 percent.<br />
Wage growth stalled even as Americans worked harder. The institute says output per hour rose 0.9 percent in 2006, the year before the recession started. Workers cranked out 3.9 percent more goods and services every 60 minutes last year than they did in 2008.<br />
Productivity rose even though many people confessed to wasting time on the <a href="http://topics.sfgate.com/topics/Internet" style="text-decoration: underline;" target="_top">Internet</a> in a random survey of full- and part-time workers conducted by StrategyOne, a research-based consulting group.<br />
About 40 percent of respondents told the New York firm that they spent as much as an hour a day doing things like gawking at online videos or keeping up with friends on social networking sites.<br />
Meanwhile, the 9.6 percent of Americans officially counted as unemployed scramble for work in a job market that is creating few new jobs and mainly lower-wage positions at that, according to the National <a href="http://topics.sfgate.com/topics/Employment" style="text-decoration: underline;" target="_top">Employment</a> Law Project, an advocacy group in New York.<br />
By combining two federal reports - one on employment growth and the other on wages by occupation - the project reckons that three-quarters of the new jobs created so far this year had wages between $8.92 and $15 per hour.<br />
<br />
<h3 class="subhead">Income plummets</h3>The California Budget Project, a liberal study group in Sacramento, brought the income squeeze down to the state level in its Labor Day analysis.<br />
Using state tax data, the project said that the average adjusted gross income of all California taxpayers - whether filing individually or jointly - fell from $82,268 in 2000 to $68,434 in 2008, after adjusting for inflation.<br />
Even if workers feel the pressure, where can they turn? Long-suffering organized labor saw its membership slip three-tenths of a percent to 12.1 percent of the workforce as of June compared with last year, according to the UCLA Institute for Research on Labor and Employment.<br />
UCLA researchers said that in California, which is more heavily unionized than the nation, membership decreased even more sharply, from 18.3 percent last June to 17.6 percent this year.<br />
The UCLA figures show the divide between public and private sector unionization.<br />
In California, just 9.7 percent of private workers carry union cards (7 percent for the <a href="http://topics.sfgate.com/topics/United_States" style="text-decoration: underline;" target="_top">United States</a>) while 56.1 percent of civil servants are represented (36.5 percent nationwide).<br />
Scandals over excessive public employee pensions don't help labor's reputation in the government realm, and undercuts the diminishing moral clout of the smaller private sector union movement.<br />
One local example of organized labor's weakness is the 6-month-old lockout of 61 food service and janitorial workers by the Castlewood Country Club near Pleasanton in a dispute over health benefits.<br />
The club's union workers fumed when Republican challenger David Harmer, who hopes to unseat Democrat Jerry McNerney in California's 11th Congressional District, crossed their picket line to attend an Aug. 5 fundraiser at the club. A Harmer spokesman said the candidate was unaware of the lockout and was not taking sides.<br />
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<h3 class="subhead">Cause for optimism</h3></span><span class="Apple-style-span" style="font-family: 'Times New Roman'; font-size: 13px;">Amid a plethora of discouraging news, it's tough to find cause for optimism. But a recent economic summit in <a href="http://topics.sfgate.com/topics/San_Francisco" style="text-decoration: underline;" target="_top">San Francisco</a> highlighted the city's strengths, from the growing biotech cluster around UCSF's Mission Bay campus to the phenomenal growth of Web-based software companies such as Salesforce.com, Zynga and Twitter.<br />
Though job gains from these growth sectors have not yet lifted San Francisco's entire workforce, city leaders see the foundations for a stronger economy as the recovery continues.<br />
And while many in the Bay Area continue to experience joblessness and wage stagnation, the region remains better off than most in the state.<br />
That sentiment was reflected in a telephone survey conducted recently by Everest College, a for-profit institution in <a href="http://topics.sfgate.com/topics/Los_Angeles" style="text-decoration: underline;" target="_top">Los Angeles</a>.<br />
The survey found that more Southern Californians than Northern Californians felt they were working harder (63 versus 43 percent) and were also more fearful of losing some or all benefits (43 versus 29 percent).<br />
National outplacement specialist John Challenger urged job-holders, and especially job-seekers, to remember that it's always darkest just before the dawn.<br />
"Consumers, business owners, hiring managers and even politicians tend to be ... overly pessimistic at the beginning of a recovery," he wrote in his holiday forecast, urging job-seekers to view this Labor Day "as a chance to regroup and renew their resolve."</span><span class="Apple-style-span" style="font-family: 'Times New Roman'; font-size: 13px;"><br />
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Read more: <a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/09/05/BUQ31F8GEL.DTL&tsp=1#ixzz1X96tc48B" style="color: #003399;">http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/09/05/BUQ31F8GEL.DTL&tsp=1#ixzz1X96tc48B</a></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-65086319263644345782010-09-05T22:07:00.000-07:002010-09-05T22:40:37.047-07:00Heavy rains, landslides kill at least 37 in Guatemala - CNN.com<span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"></span><br />
<span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><div class="separator" style="clear: both; text-align: center;"><a href="http://3.bp.blogspot.com/_X_NegAFK3PY/TIR-WuiaC7I/AAAAAAAAAQU/g73RtHMq3zY/s1600/_45238673_brazil_raphael.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://3.bp.blogspot.com/_X_NegAFK3PY/TIR-WuiaC7I/AAAAAAAAAQU/g73RtHMq3zY/s320/_45238673_brazil_raphael.jpg" /></a></div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;"><b style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Guatemala City, Guatemala (CNN)</b> -- Torrential rains and landslides in Guatemala have killed at least 37 people, and could claim as many as 100 lives, the country's emergency services agency said Sunday.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">In addition, it reported 30 people were injured and 23 were missing after heavy weekend rains caused hillsides to collapse.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">President Alvaro Colom declared a national emergency Saturday.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">He told reporters that authorities closed parts of the Inter-American Highway after rains washed out entire sections of the road and caused at least two accidents over the weekend.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">The first, near kilometer marker 82, claimed 12 lives when a bus was buried, according to Colom's office.Landslides also fell at kilometer marker 171, knocking a number of vehicles and a bus off the road. When nearby residents rushed to the scene to help, a second mudslide crashed down on the exact same spot, said the emergency agency.</div></span><span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"></span><br />
<span class="Apple-style-span" style="font-family: Arial, Helvetica, Utkal, sans-serif; font-size: 12px; line-height: 18px;"><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">Throughout the country, authorities have recovered 37 bodies but more are expected, officials have said.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">Thousands of homes, in addition to infrastructure and fields of crops, also were damaged by the heavy rains.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">Nearly 42,000 people have been affected and more than 10,000 have been evacuated from the area, said emergency spokesman David De Leon Villeda. Nearly 7,000 people are housed in shelters.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">The torrential downpours come several months after more than 150 people died when Tropical Storm Agatha hit Guatemala in May.</div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">Destruction from that storm was widespread throughout the nation, with mudslides destroying homes and buildings and burying some victims. At least nine rivers had dramatically higher levels and 13 bridges collapsed, Guatemala's emergency services agency said.</div><div class="cnnInline" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: inherit; font-size: 14px; font-style: inherit; font-weight: inherit; font: normal normal normal 14px/19px arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 19px; padding-left: 186px; padding-right: 24px; padding-top: 0px; vertical-align: baseline;">The May downpours created a sinkhole the size of a street intersection in northern Guatemala City. Residents told CNN that a three-story building and a house fell into the hole.</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-7380235421437958672010-09-05T22:06:00.000-07:002010-09-05T22:40:37.056-07:00Obama to Ask Congress to Pass $100 Billion Research Tax Credit - Bloomberg<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 22px;"></span><br />
<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 22px;"></span><br />
<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px; line-height: 22px;"><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/_X_NegAFK3PY/TIR8dgHAsgI/AAAAAAAAAQM/a4iYFfAMoVM/s1600/data.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://1.bp.blogspot.com/_X_NegAFK3PY/TIR8dgHAsgI/AAAAAAAAAQM/a4iYFfAMoVM/s320/data.jpg" /></a></div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">President <a href="http://search.bloomberg.com/search?q=Barack%20Obama&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Barack Obama</a>, focusing on ways to spur economic growth with less than two months to the congressional elections, will urge Congress to permanently extend and expand a research and development tax credit for businesses.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Obama will detail the plan, which would cost about $100 billion over a decade, in an economic speech Sept. 8 in Cleveland, according to two administration officials speaking on condition of anonymity.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">It’s just one of several ideas Obama has promised to roll out to encourage hiring. White House economic advisers are also considering more tax breaks for small businesses and new spending on infrastructure, according to congressional aides familiar with the discussions who spoke on condition of anonymity because talks are preliminary.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The research tax credit is “very important in terms of job creation over the longer term,” <a href="http://search.bloomberg.com/search?q=Laura%20Tyson&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Laura Tyson</a>, an economics professor at the University of California at Berkeley and a member of Obama’s Economic Recovery Advisory Board, said on CBS’s “Face the Nation” program yesterday.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The research credit won’t have “as immediate a job impact as, say, movement on the current tax credits for the unemployed or extending a payroll tax holiday of some sort,” she said.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Every president since <a href="http://search.bloomberg.com/search?q=Bill%20Clinton&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Bill Clinton</a> has backed a permanent extension of the research tax credit, which Congress only temporarily extends because of its high cost.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Business on Board</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">“The business community is on board for the R-and-D tax credit,” said <a href="http://search.bloomberg.com/search?q=Mark%20Zandi&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Mark Zandi</a>, chief economist at Moody’s Analytics, on CBS. Still, he said Obama will “have to take some of the corporate tax benefits away to pay for it.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Obama’s proposal will run up against a tight congressional calendar and election-year politics. The Senate is scheduled to return to Washington Sept. 13 and the House the next day. Lawmakers will be at work for about three weeks before leaving again to campaign.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Republican Senator <a href="http://search.bloomberg.com/search?q=John%20McCain&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">John McCain</a> of Arizona said he doubts Obama’s proposals will help Democrats in November’s congressional races.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">“They are just flailing around,” McCain, his party’s 2008 presidential nominee, said on the “Fox News Sunday” program. “If we had done this kind of thing nearly a couple of years ago we’d be in a lot better shape.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Middle Class</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Democratic National Committee Chairman <a href="http://search.bloomberg.com/search?q=Tim%20Kaine&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Tim Kaine</a> said on Fox that Democrats are focused on targeting tax credits to small business and middle-class Americans and where they will have the “most likelihood of increasing economic activity.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">The Labor Department reported last week that private payrolls climbed 67,000 in August, more than forecast, though the <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=USURTOT:IND" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Get Quote">unemployment rate</a> rose to 9.6 percent from 9.5 percent as more people looked for work.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Obama last week again urged Congress to pass legislation to help small businesses, including $12 billion in tax breaks and $30 billion worth of aid to free up credit. The House has already passed the bill. Senate Republicans blocked the legislation before lawmakers left for their summer recess.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><a href="http://search.bloomberg.com/search?q=Todd%20McCracken&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Todd McCracken</a>, president of National Small Business Association, said on CNN’s “State of the Union” the bill would free up credit for small companies at a low cost to the government. Such companies need access to credit to be able to “exploit the opportunities” to create new jobs, he said.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Not Enough</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">AFL-CIO President <a href="http://search.bloomberg.com/search?q=Richard%20Trumka&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Richard Trumka</a>, also on CNN, said more lending to small businesses and extending the research tax credit may not be enough. The U.S. needs to spend on long-term infrastructure projects to move the economy forward, he said.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Obama also wants to extend most of the income tax cuts passed under former Republican President <a href="http://search.bloomberg.com/search?q=George%20W.%20Bush&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">George W. Bush</a> while letting the breaks expire for households making more than $250,000 annually. Republicans want to extend all the tax cuts and some Democrats have indicated they may resist letting the top rates rise.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">“I wouldn’t raise anyone’s taxes in 2011,” Zandi said. “I think the recovery is just too fragile.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">By 2012, 2013 and 2014, “when the economy is off and running, then let’s phase them in and let those tax rates go,” Zandi said, adding that lawmakers need to act soon on the Bush tax cuts.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">“The reason why businesses aren’t hiring, the key reason, is because of a lack of confidence,” he said. “They are just nervous, flat-out nervous, and we have to provide some certainty.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Republican Senator <a href="http://search.bloomberg.com/search?q=Lindsey%20Graham&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Lindsey Graham</a> of South Carolina said he supports Obama’s efforts to extend the research tax credit.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">‘All the Tax Cuts’</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">“We need to extend all the tax cuts,” he said on NBC’s “Meet the Press” program. “Now’s not the time to raise taxes.”</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Extending 2001 and 2003 tax cuts for individuals earning less than $200,000 annually and families earning less than $250,000 -- about 98 percent of all taxpayers -- would cost $2.2 trillion in forgone revenue over the next decade, according to an <a href="http://www.pewtrusts.org/uploadedFiles/wwwpewtrustsorg/Reports/Economic_Mobility/Tax%20Cut%20Addendum%20FINAL%209%202%202010%20_v2.pdf?n=7577" rel="external" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Open Web Site">analysis</a> of government data released Sept. 2 by the Pew Economic Policy Group.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">Extending all of the tax cuts, including those for the wealthiest Americans, would cost $3.3 trillion over the same period, Pew’s analysis found.</div><div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-family: Georgia, 'Times New Roman', Times, serif; font-size: 15px; font-weight: normal; line-height: 1.6em; margin-bottom: 17px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">To contact the reporters on this story: <a href="http://search.bloomberg.com/search?q=Nicholas%20Johnston&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja" style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: no-repeat no-repeat; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #0033cc; font-size: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none; vertical-align: baseline;" title="Search News">Nicholas Johnston</a> in Wash</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-66980919628247552592010-09-03T02:56:00.000-07:002010-09-03T02:56:02.336-07:00Google Chrome Turns 2 & Rolls Out Version 6.0 | Top Tech Reviews<span class="Apple-style-span" style="color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: 16px;"></span><br />
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<span class="Apple-style-span" style="color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: 16px;"><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="line-height: 17px;">Posted by John Sukowaty on September 2, 2010 // <a class="comments-link" href="http://www.toptechreviews.net/tech-news/google-chrome-turns-2-rolls-out-version-6-0/#respond" style="color: #222222; text-decoration: none;" title="Comment on Google Chrome Turns 2 & Rolls Out Version 6.0">Leave Your Comment</a> // Read 4,507 Times</span></div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Today is the birthday of one of the best web browsers you can run, in my opinion of course. Google Chrome turns 2 today and with that, Google rolled out a stable version 6.0. What could Google do to make web browsing even better, you ask? Well, this version of Google Chrome is promising to be faster and have a simplified user interface. How much easier can it get?</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><a href="http://2.bp.blogspot.com/_X_NegAFK3PY/TICVtH-3rzI/AAAAAAAAAOU/BJdzLeweT4o/s1600/google-300x211.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="http://2.bp.blogspot.com/_X_NegAFK3PY/TICVtH-3rzI/AAAAAAAAAOU/BJdzLeweT4o/s320/google-300x211.jpg" /></a>Javascript performance is a big deal these days and the version 6.0 of Chrome is said to be up to 3 times faster than when the first version was released way back in 2008. For starters, Google switched up a couple of things, including moving some buttons around, adjusting the color schemes, combining two menus and put a little shine on the URL box.</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">To put it plainly, Google has been working on simplifying the “chrome” of Chrome, said Brian Rakowski a Google product manager. With these subtle, yet important changes, Google is hoping to keep the browser fast and modern with use of applications that can be found in the Google Chrome Web Store.</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The Google Chrome Web Store is NOT open just yet, but there was reports that it might be all set by October of this year. That is only a month away. Developers got a chance to check out the store and already have access to uploading apps, check out how packaging works and get their apps installed on Chrome.</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Brian Rakowski also mentioned that Google has ramped up the updates for Chrome in order to get improvements and features to users more quickly!</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-50665117602749871062010-09-03T02:55:00.000-07:002010-09-03T02:55:45.769-07:00Japan Pension Boosting Asset Sales to $48 Billion - BusinessWeek<span class="Apple-style-span" style="color: #333333; font-family: Helvetica, Arial, sans-serif; font-size: 10px;"></span><br />
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<span class="Apple-style-span" style="color: #333333; font-family: Helvetica, Arial, sans-serif; font-size: 10px;"><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="color: #666666; font-size: 12px; line-height: 20px;">September 03, 2010, 1:08 AM EDT</span></div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="color: #666666; font-size: 12px; line-height: 20px;"><span class="Apple-style-span" style="font-size: 13px; font-style: italic; line-height: 19px;">By Keiko Ujikane, Masaki Kondo and Tatsuo Ito</span></span></div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody>
<tr><td style="text-align: center;"><a href="http://4.bp.blogspot.com/_X_NegAFK3PY/TIC9zsC_UkI/AAAAAAAAAOs/JaxHcU4muUg/s1600/WBG2mt111.fuji.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" src="http://4.bp.blogspot.com/_X_NegAFK3PY/TIC9zsC_UkI/AAAAAAAAAOs/JaxHcU4muUg/s320/WBG2mt111.fuji.jpg" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Japan Business Center</td></tr>
</tbody></table>Sept. 3 (Bloomberg) -- Japan’s public pension fund, the world’s largest, will increase asset sales by more than five times to about 4 trillion yen ($48 billion) this fiscal year as payouts rise with the nation’s population aging.</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">That follows 720 billion yen raised in the fiscal year ended in March, all through sales of its Japanese bond holdings, Takahiro Mitani, president of the Government Pension Investment Fund, said in an interview in Tokyo yesterday. Japanese bonds accounted for 71 percent of the GPIF’s 117 trillion yen of assets as of June 30, while domestic stocks made up 11 percent, the fund’s statements show.</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">“Insurance premiums rise little by little every year, but it isn’t catching up with the increase in payouts,” said Mitani, a former executive director at the Bank of Japan. Bonds are the most suitable asset to sell at this moment, he said, without detailing whether they would again be the only securities sold.</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The fund manages workers’ retirement funds in the most rapidly aging population among Group of Seven nations. The first of Japan’s baby boomers will turn 65 in 2012, making them eligible for pension payments and straining the public coffers.</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Japanese government bonds have returned 2.5 percent this year, according to an index compiled by Bank of America Corp.’s Merrill Lynch unit. In contrast, the Nikkei 225 Stock Average has lost 14 percent, the second-worst performer after China’s Shanghai Composite Index in the world’s 30 biggest stock markets, Bloomberg data show.</div><div class="center" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Aging Population</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">“The 4 trillion yen figure exceeds my estimate of about 3 trillion yen,” said Takahiro Tsuchiya, a strategist at Daiwa Institute of Research Ltd. in Tokyo. “Given bond yields have fallen this much, the fund is more likely to sell domestic bonds, and I don’t think they will sell stocks at this moment.”</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">People aged at least 65 years accounted for 22.2 percent of Japan’s population as of the end of last year, the highest among the G-7 nations, data compiled by Bloomberg show. That compares with 12 percent in 1990. About 8 million, or 6 percent of the population, were born between 1947 and 1949, regarded as the baby boomer generation in Japan, government data indicate.</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Japan’s 10-year bond yields fell to a seven-year low of 0.895 percent on Aug. 25. Yields have surged since then on speculation a successful leadership challenge by Ichiro Ozawa would lead to a government that would issue more debt to fund spending programs.</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Benchmark 10-year yields surged 14 basis points this week, heading for the biggest five-day advance since the period ended May 16, 2008.</div><div class="center" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Ozawa Challenge</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Ozawa, who heads the ruling party’s largest faction, said last week he will challenge Prime Minister Naoto Kan at the Democratic Party of Japan’s leadership contest on Sept. 14. He has pledged to double a monthly childcare allowance and extend the period of subsidies for energy-efficient household appliances. The winner is assured of being prime minister because the DPJ controls the lower house.</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">“I’m very concerned about Japan’s fiscal condition, but I don’t think bond yields will surge to 2 or 3 percent soon,” Mitani, 61, said. “If the government takes no action, there’s no doubt that the nation’s finances will become unbalanced sometime in the future.”</div><div class="indent" style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Japan’s public debt is approaching 200 percent of the nation’s gross domestic product, the highest among members of the Organization for Economic Cooperation and Development, according to the OECD.</div><div style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">--Editors: Garfield Reynolds, Nicholas Reynolds.</div><div style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">To contact the reporters on this story: Keiko Ujikane in Tokyo at kujikane@bloomberg.net; Masaki Kondo in Tokyo at mkondo3@bloomberg.net; Tatsuo Ito in Tokyo at tito2@bloomberg.net.</div><div style="clear: left; font-size: 1.4em; line-height: 1.5em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-89036046831844256432010-09-03T02:17:00.000-07:002010-09-03T02:21:37.003-07:00Why the argument over 'too big to fail' could be too big to lose - Telegraph<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px;"></span><br />
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<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px;"><div class="articlebody " id="story-body" style="color: black; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="separator" style="clear: both; text-align: center;"><a href="http://2.bp.blogspot.com/_X_NegAFK3PY/TIC87UW2QnI/AAAAAAAAAOc/gp1hsQwUB6I/s1600/wallst_1541605c.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="400" src="http://2.bp.blogspot.com/_X_NegAFK3PY/TIC87UW2QnI/AAAAAAAAAOc/gp1hsQwUB6I/s640/wallst_1541605c.jpg" width="640" /></a></div><span class="Apple-style-span" style="line-height: 20px;"><br />
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<span class="Apple-style-span" style="font-family: arial, sans-serif; font-size: 10px;"><h2 style="color: #5d5d5d; font-size: 1.6em; font-weight: normal; letter-spacing: -0.01em; line-height: 1.18em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 16px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Ben Bernanke, chairman of the Federal Reserve, yesterday told us what he thinks is the most important lesson to learn from the financial crisis. Drum roll. And the answer is?</h2><div><span class="Apple-style-span" style="color: #404040; font-size: 13px; line-height: 17px;">By <a href="http://www.telegraph.co.uk/finance/comment/damianreece/" style="color: #234b7b; outline-color: initial; outline-style: initial; outline-width: 0px; text-decoration: none;" title="Damian Reece">Damian Reece</a>, Head of Business<br />
Published: 6:15AM BST 03 Sep 2010</span></div><div><span class="Apple-style-span" style="color: #404040; font-size: 13px; line-height: 17px;"><br />
</span></div><div><span class="Apple-style-span" style="color: #404040; font-size: 13px; line-height: 17px;"><span class="Apple-style-span" style="color: black; font-size: 10px; line-height: normal;"></span></span><br />
<span class="Apple-style-span" style="color: #404040; font-size: 13px; line-height: 17px;"><span class="Apple-style-span" style="color: black; font-size: 10px; line-height: normal;"></span></span><br />
<span class="Apple-style-span" style="color: #404040; font-size: 13px; line-height: 17px;"><span class="Apple-style-span" style="color: black; font-size: 10px; line-height: normal;"></span></span><br />
<span class="Apple-style-span" style="color: #404040; font-size: 13px; line-height: 17px;"><span class="Apple-style-span" style="color: black; font-size: 10px; line-height: normal;"></span></span><br />
<span class="Apple-style-span" style="color: #404040; font-size: 13px; line-height: 17px;"><span class="Apple-style-span" style="color: black; font-size: 10px; line-height: normal;"><div class="firstPar"><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Putting a stop to banks that are "too big to fail", according to the testimony he gave yesterday to the Financial Crisis Inquiry Commission in Washington.</div></div><div class="secondPar"><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">This is not a conclusion that will surprise many or cause controversy. The question, however, for Bernanke and his UK counterpart Mervyn King, is how exactly?</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="color: black; font-size: 10px; line-height: normal;"></span></div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">In the US, central bankers and regulators believe an end of too big to fail will result from changed and improved regulation, stemming mainly from the new Dodd-Frank legislation. There is now a framework in the US designed to address so-called "systemic risk", where dangerous financial practices are identified and curtailed on an economy-wide basis, together with rules on how failing firms should be dismantled in an orderly way plus greater regulatory co-operation.</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The debate in the UK is rather less settled. This is not necessarily a bad thing. We have an opportunity to get banking supervision right, as far as we can with Brussels breathing down our neck. But while it will never be perfect, we can ensure it's better than anyone else's.</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The Treasury has begun an important consultation period on its reforms to regulation centred on breaking up the Financial Services Authority and placing bank regulation back with the Bank of England. The plan is to have a Prudential Regulatory Authority to supervise individual firms linked to a separate Financial Policy Committee to regulate systemic risks. So far so good.</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">But the Treasury's final plans will also be coloured by the findings of Sir John Vickers' Independent Commission on Banking set up by George Osborne. Its remit is to formulate policy recommendations by September next year in the exact area that Bernanke was discussing yesterday - too big to fail, otherwise know as moral hazard, and systemic risk. There are others, such as promoting competition, but these are the most important.</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Government ministers such as Vince Cable, the business secretary, have already decided the Commission should conclude the best policy is to force banks to be broken up. Consumer-friendly retail banks, that simply take deposits and make loans, will be split from the "casino capitalism" of investment banking arms which took the sort of bets that created many of the losses at the heart of the financial crisis. A dotted line will be drawn and two separately capitalised and staffed business will be formed.</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Unfortunately, as Sir John will find, banking doesn't work like that. The simple, utility banks imagined simply don't exist. Even the apparently most benign mutual building society routinely pays investment banks so they can play in sophisticated capital markets. This is to ensure that the essential social use of all banks – transforming short-term deposits into long-term loans – can actually take place. In other words, the boundaries between retail and investment banking are extremely blurred, if not invisible. Imposing an arbitrary dotted line, and then cutting along it, is far from certain to enhance efficiency, leading to consumers getting a worse deal, not a better one.</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">There are therefore plenty of senior voices in the Treasury who are determined to make sure that formal separation does not become Government policy.</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Which brings us to what the Bank of England believes. As the future regulator, Mervyn King's views on this are crucial. He wants an end to banks that are "too important to fail", correctly identifying that small banks can be just as risky as large banks if they're allowed to assume the Bank of England will always act as a lender of last resort. Better regulation is step one to removing this moral hazard but step two, for King, is to break up banks so they are separately, and much more highly, capitalised. Shareholders in investment banks would have no recourse to lender-of-last resort facilities and would be liable, along with bond holders, for 100pc of losses. But this does not address the central problem of where you draw the dotted line. In reality it would be the proprietary trading desks of banks that could be unequivocally defined as "casino banking". These trade, or bet, with a bank's capital to generate profit. If hived off they would simply become hedge funds – the sort of solution envisaged by President Barack Obama back in January which fizzled out.</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Whether such an arrangement would go far enough to satisfy King is uncertain. It may not, highlighting the looming clash, sorry debate, between the Bank and some in the Treasury who believe splitting banks is untenable. How deep those divisions will go and how serious the disagreements become will be fascinating to observe. If King doesn't get his way, what then?</div><div style="color: #404040; font-size: 1.3em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">One compromise would be to adopt the sort of solution envisaged by Lord Turner, currently chairman of the FSA. He thinks it's possible to force banks to separate their operations internally, and allocate separate pools of capital to fund them, all policed by the regulator. Again whether King would be happy to adopt Lord Turner's view is a moot point. It could be that the argument over how you solve too big to fail is the sort of argument that's too big to lose.</div></div></span></span></div></span></div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-80347043073731051452010-09-02T23:22:00.000-07:002010-09-03T02:21:43.070-07:00Samsung raises 2010 smartphone sales target-report | Reuters<span class="Apple-style-span" style="color: #666666; font-family: arial, helvetica, sans; font-size: 11px; line-height: 17px;"><span class="location" style="font-weight: bold;">SEOUL, Sept 3</span> | <span class="timestamp" style="color: #666666; font-size: 11px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Thu Sep 2, 2010 9:52pm EDT</span></span><br />
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<span class="Apple-style-span" style="color: #666666; font-family: arial, helvetica, sans; font-size: 11px; line-height: 17px;"><span class="timestamp" style="color: #666666; font-size: 11px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><span class="Apple-style-span" style="color: black; font-size: medium; line-height: normal;"><span class="focusParagraph"></span></span></span></span><br />
<span class="Apple-style-span" style="color: #666666; font-family: arial, helvetica, sans; font-size: 11px; line-height: 17px;"><span class="timestamp" style="color: #666666; font-size: 11px; font-weight: normal; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><span class="Apple-style-span" style="color: black; font-size: medium; line-height: normal;"><span class="focusParagraph"><div style="font-size: 20px; line-height: 1.5; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">(Reuters) - Samsung Electronics Co Ltd (<span id="symbol_005930.KS_0"><a href="http://www.reuters.com/finance/stocks/overview?symbol=005930.KS" style="color: #006e97; cursor: pointer; outline-color: initial; outline-style: none; outline-width: initial; text-decoration: none;">005930.KS</a></span>), the world's No.2 handset maker, expects to sell 25 million smartphone handsets this year, exceeding its earlier target, and aims to double shipments next year, according to a media report on Friday.</div></span><span id="midArticle_0"></span><br />
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<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">JK Shin, head of Samsung's Mobile Communications division, told reporters at the IFA trade show in Berlin that its 2010 smartphone sales would be far higher than its original target of 18 million units, thanks to the popularity of its Android-based Galaxy S model, news provider EDaily said.</div><span id="midArticle_1"></span><br />
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<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The report also cited Shin as saying the company had targeted sales of 50 million units for next year.</div><span id="midArticle_2"></span><br />
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<div style="font-size: 14px; line-height: 1.6; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">A Samsung spokesperson in Berlin was not immediately available for comment. (Reporting by Hyunjoo Jin; Editing by Chris Lewis)</div></span></span></span></div>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-4173481628096338062010-09-02T23:16:00.000-07:002010-09-03T02:21:43.080-07:00Fox on Sex: Lessons Learned From the Biggest Celebrity Sex Scandals - Sex | Erectile Dysfunction | Sexual Health - FOXNews.com<span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></span><br />
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<span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><div class="separator" style="clear: both; text-align: center;"><a href="http://1.bp.blogspot.com/_X_NegAFK3PY/TICVe9JDsSI/AAAAAAAAAOM/jGYslh5ZIR4/s1600/0_61_320_JennyBlock.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="240" src="http://1.bp.blogspot.com/_X_NegAFK3PY/TICVe9JDsSI/AAAAAAAAAOM/jGYslh5ZIR4/s320/0_61_320_JennyBlock.jpg" width="320" /></a></div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong>When it comes to celebrity sex scandals, it seems we're never at a loss for good material. Another day, another scandal.</strong></div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;">Although these scandals are never fun for those involved, they can serve as valuable lessons for the rest of us.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong><em>Slideshow:</em></strong> <a href="http://www.foxnews.com/slideshow/health/2010/09/02/biggest-celebrity-sex-scandals/#slide=1" style="color: #183a52; font-weight: bold; text-decoration: underline;" target="_blank">Celeb Sex Scandals</a></div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;">So, here are a few of the many celebrity scandals, and the wisdom we can impart from them:</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong>1. The Players:</strong> Tiger Woods, Eliot Spitzer, Jude Law, Mark Sanford, Jesse James, David Letterman</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Scandal:</em> Cheating</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Lesson:</em> Let’s face it: This never goes well. No matter who you are, or how hard you try, eventually you get caught. And, once you do, it’s rarely pretty.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong>2. The Players:</strong> Britney Spears, Lindsay Lohan and Paul Reubens (aka Pee Wee Herman)</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Scandal:</em> Indecent exposure. Brittany let it all hang out at a concert and then made it public not knowing her mike was still on. Lindsay has flashed onlookers a number of times in cars and clubs. Pee Wee made a XXX theater in Florida his personal "playhouse."</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"></div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Lesson:</em> Undergarments are our friends, and graceful car exits aren’t a bad idea, either. And there’s nothing wrong with a little personal playtime, but it’s best to play where you won’t get interrupted by the wrong person.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong>3. The Players:</strong> Carrie Prejean and Ted Haggard</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Scandal:</em> Hypocrisy. Prejean played the innocent card all the way to the Miss USA pageant, and Haggard played it to a congregation of massive proportions. Both turned out to be far from the personas they pedaled. A sex tape and nude photos of Prejean were discovered soon after the pageant, and Haggard’s drug use and sexual relations with a male prostitute ultimately came to light.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"></div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>he Lesson:</em> Practice what you preach. The truth has a sneaky way of coming to light. So be careful that what you say and what you do match up, especially when it comes to sex. No one likes to be made a fool.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong>4. The Players:</strong> Paris Hilton, Rob Lowe, Kendra Wilkinson, Pamela Anderson and Tommy Lee, R. Kelly, Colin Farrell, Kim Kardashian, Dustin Diamond</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Scandal:</em> Sex tapes</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Lesson:</em> There’s nothing wrong with taping your sexual play. In fact, many couples find it a real turn on. Problem is, those pesky tapes always have a way of showing up in all the wrong places. My advice? Tape it. Watch it. Destroy it. It’s a pattern you can repeat whenever you like and never worry about seeing your exploits replayed on YouTube.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>Note:</em> The same goes for nude photos — like the ones revealed of Vanessa Hudgens. Just know that, if they’re out there, they’ll be discovered.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"></div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong>5. The Player:</strong> Hugh Grant</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Scandal:</em> Engaging a prostitute</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Lesson:</em> Prostitution is illegal. If you want to pay to play, Nevada is your only option in the United States. Hugh should have considered heading back to Europe for this escapade…</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong>6. The Players:</strong> George Michael</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Scandal:</em> Engaging in (or at least seeking) public sex</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Lesson:</em> If you do it in public, you’re bound to be caught. Noticing a pattern here.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong>7. The Player:</strong> Woody Allen</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Scandal:</em> Married his girlfriend’s adopted daughter.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Lesson:</em> Marrying your girlfriend’s adopted daughter is creepy. Enough said.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><strong>8. The Player:</strong> Michael Vick</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Scandal:</em> Knowingly infecting a partner with herpes.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><em>The Lesson:</em> Don’t do it. Our sexual partners trust us with their bodies. Betraying someone by not sharing important health information is beyond bad taste. It’s downright criminal.</div><div style="color: black; font-size: 1em; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;">These are just the tip of the iceberg, of course. There are many, many more scandals that have been exposed and even more lessons to be learned from them. But, when you break it down, the rules are pretty simple. If you want to play without risk, be honest, obtain consent, and keep it private. And if you want to live on the edge, just know that even celebrities fall off, which leaves little hope for us mere mortals…</div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0tag:blogger.com,1999:blog-4359054953719789866.post-57745710135010636802010-09-02T23:07:00.000-07:002010-09-03T02:21:43.093-07:00Home sales: Index of pending home sales rises 5.2% - latimes.com<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px;"></span><br />
<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px;"></span><br />
<span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', Times, serif; font-size: 14px;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody>
<tr><td style="text-align: center;"><a href="http://3.bp.blogspot.com/_X_NegAFK3PY/TIC9aRlXTZI/AAAAAAAAAOk/Z7uI5YprC0I/s1600/images.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" src="http://3.bp.blogspot.com/_X_NegAFK3PY/TIC9aRlXTZI/AAAAAAAAAOk/Z7uI5YprC0I/s320/images.jpg" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Home sales Raise</td></tr>
</tbody></table><h2 style="color: black; font-size: 15px; font-weight: normal; margin-bottom: 18px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">July's increase from June in the National Assn. of Realtors' gauge for previously owned residences follows two straight months of declines and a report that sales of such homes dived 27.2%</h2><div><span class="Apple-style-span" style="color: #292727; font-size: 13px;"><span class="byline" style="display: block;">By Alejandro Lazo, Los Angeles Times</span></span><br />
<span class="Apple-style-span" style="color: #292727; font-size: 13px;"></span><br />
<span class="Apple-style-span" style="color: #292727; font-size: 13px;"><div class="date" style="color: #930000; font-size: 11px; font-style: italic; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 3px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="dateString" style="display: inline;">September 2, 2010</span><span class="dateTimeSeparator" style="border-left-color: rgb(0, 0, 0); border-left-style: solid; border-left-width: 1px; color: white; display: inline; font-size: 10px; letter-spacing: -1px; margin-left: 6px;">|</span><span class="timeString" style="display: inline; text-transform: lowercase;">9:31 p.m.</span></div><div class="date" style="color: #930000; font-size: 11px; font-style: italic; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 3px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="timeString" style="display: inline; text-transform: lowercase;"><br />
</span></div><div class="date" style="color: #930000; font-size: 11px; font-style: italic; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 3px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="timeString" style="display: inline; text-transform: lowercase;"><span class="Apple-style-span" style="color: black; font-size: 14px; font-style: normal; line-height: 20px; text-transform: none;">An index of home purchase contracts for previously owned dwellings unexpectedly increased 5.2% in July over June, the National Assn. of Realtors said Thursday, a modest note of good news for the U.S. housing market.<br />
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The pickup in contracts, which typically take about one or two months to convert into closed deals, or sales, follows two consecutive months of declines and a report last week that sales of previously owned homes plunged 27.2% in July.<br />
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"The news isn't terrible," said Michael D. Larson, an interest rate and housing analyst for Weiss Research. "But it's not great either, especially when you consider that mortgage rates are the lowest in recorded history."<br />
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</span></span></div><div class="date" style="color: #930000; font-size: 11px; font-style: italic; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 3px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="timeString" style="display: inline; text-transform: lowercase;"><span class="Apple-style-span" style="color: black; font-size: 14px; font-style: normal; line-height: 20px; text-transform: none;"><span class="Apple-style-span" style="line-height: normal;"></span></span></span></div><div class="articlebody " id="story-body" style="color: black; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div id="story-body-text" style="line-height: 1.43; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: relative;">"We should be seeing more sales with financing so cheap," Larson said. "The fact we're not speaks to the severity of the jobs crisis and the ongoing lack of confidence in the future direction of home prices."<br />
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Lawrence Yun, chief economist for the National Assn. of Realtors, which produces the pending home sales index, cautioned that the housing market probably would remain weak without the $8,000 federal tax credit for buyers that expired April 30.<br />
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"Home sales will remain soft in the months ahead, but improved affordability conditions should help with a recovery," Yun said.<br />
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A forward-looking indicator based on the number of purchase contracts signed, the index rose to 79.4, up from a downwardly revised 75.5 in June. That level remains 19.1% below that in July 2009, when it was 98.1.<br />
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An index reading of 100 is equal to the average level of contract activity during 2001, which was the first year the group began tracking the data as well as the first of five straight years of increases for sales of previously owned homes.<br />
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The pending home sales index was up 11.6% in the West in July from the prior month, 1.2% in the South, 4.1% in the Midwest and 6.3% in the Northeast.<br />
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Home builder stocks rose after the report, with the Standard & Poor's index of 12 major builders increasing 2% after rising 3.6% on Wednesday. Los Angeles-based <a class="taxInlineTagLink" href="http://www.latimes.com/topic/economy-business-finance/kb-home-ORCRP008575.topic" id="ORCRP008575" style="color: #666666; font-weight: normal; text-decoration: none;" title="KB Home">KB Home</a> closed at $11.66, up 21 cents, or 1.8%.<br />
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<i style="font-style: italic;">alejandro.lazo@latimes.com</i></div></div><div class="copyright" style="clear: left; color: #666666; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 10px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; position: relative;">Copyright © 2010, <a href="http://www.latimes.com/" style="color: black; font-weight: normal; text-decoration: none;" target="_blank">Los Angeles Times</a></div></span></div></span>Ken_Matchart Productionhttp://www.blogger.com/profile/05739446545319182822noreply@blogger.com0