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Month: February 2011

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Venezuela: $200 Oil

The oil minister of Venezuela, Rafael Ramirez, said a shutdown of the Suez Canal could push oil prices above $200. “There is sufficient oil (in the market) and there have been no interruptions, but if they…

Douglas A. McIntyre · 16 years ago

Broadband For Farmers

The New York Times reports that the FCC will announce intentions to use about $8 billion from the Universal Service Fund for rural broadband. The fund taxes phone bills to help underwrite telecom service to…

Douglas A. McIntyre · 16 years ago

More Land To Grow Cotton, Less For Other Crops

To state the obvious, there is only so much farmland in the US. The National Cotton Council of America says that farmers will plant 14% more cotton this year compared to last. NCC Vice President…

Douglas A. McIntyre · 16 years ago

Nokia: Shaking Up Officers On The Titanic

A number of news media have recently reported that Nokia (NYSE: NOK) CEO Stephen Elop will replace a large number of the top managers at the world’s largest cellphone company. Among the executives who…

Douglas A. McIntyre · 16 years ago

AOL Buys Huffington Post

AOL (NYSE: AOL) bought The Huffington Post for $315 million of which $300 million is cash. Huffington management will run all AOL content sites. The combined US audience of the two companies will be…

Douglas A. McIntyre · 16 years ago

Media Digest (2/7/2011) Reuters, WSJ, NYT, FT, Bloomberg

AOL (NYSE: AOL) bought the Huffington Post for $315 million. (Reuters) Sanofi-Aventis and Genzyme (NASDAQ: GENZ) are closer to a deal (Reuters) Hackers who broke into the NASDAQ will undermine investor confidence. (Reuters) A…

Douglas A. McIntyre · 16 years ago

The Ten States Running Out Of Smart People

There are several states in the U.S. that are losing the eduction race to most of the others. In the past decade, these states have declining math and reading scores, lower numbers of people…

Douglas A. McIntyre · 16 years ago

Small Business Employment Continues To Leak

The jobs that might have been created in 2010 but were not are largely due to small businesses which could not afford to add the workers they needed to. According to a new Gallup…

Douglas A. McIntyre · 16 years ago

Obama To Business: Make Improvements, But We Wont

President Obama said in his weekly address that American businesses should increase their hiring and spending but did not say that the government would do anything meaningful to either stimulate the economy or cut…

Douglas A. McIntyre · 16 years ago