Air Travelers Don’t Care About Extra Security
Most American who will pass through airports this weekend don’t care if they are closely examined, screened, or even touched. Perhaps the bomb scare on a Detroit bound plane last year has caused this…
All Work
Douglas A. McIntyre
Ireland’s Tax Dream Turns Into A Nightmare
For a country seeking a bailout of at least $137 billion, Ireland is in no place to be dictating terms. But that’s exactly what Dublin is trying to do to save its controversial corporate…
The Twitter-24/7 Wall St. Market Report (11/24/2010) Ireland And SAP Trouble
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Ireland Debt Downgraded, A Little Late
Credit rating agencies often downgrade debt after some disaster. That is certainly the case with Ireland, which appears to have gotten a rescue package from the EU and IMF in exchange for a three-year…
Portugal Takes To The Streets
nationsonline.orgIt may turn out that the great barrier to austerity and spending cuts in debt-ridden European nations may not be politicians. People who fear a cut in their standard of living are taking to…
More News Of The End Of The PC: Web Browsing On Mobile Devices Surges
Use of mobile devices for internet access accelerated last month. It is unlikely that total online activity rose by 100% year-over-year last month, so PC activity must have lost momentum A study by Opera…
Facebook Makes People More Social, And Perhaps More Isolated
Researchers at the University of Texas claim they have conducted a survey that finds that “Facebook is making us more social, albeit in ways unique to the digital age.” Online socialization, however, may come…
Media Digest 11/24/2010 Reuters, WSJ, NYT, FT, Bloomberg
Reuters: SAP will pay Oracle (NASDAQ: ORCL) $1.3 billion for copyright infringement. Reuters: The FBI sent warnings to a number of more hedge funds. Reuters: The euro fell to two month lows on concerns…
Tackling the Deficit: This Is Not Fun
The pundits are all abuzz over the initial proposals to cut the deficit. The extremes on left and right are united in a spirit of condemnation: the left won’t broach cuts in social services,…
SAP Owes Oracle (ORCL) $1.3 Billion: Suit Could Last Years
A federal jury ruled in favor of Oracle (NASDAQ: ORCL) in a copyright infringement case against SAP, according to a number of media reports. The sum of the award was $1.3 billion. Oracle had…
New Study Urges Development Of Energy Storage (AES, AONE, BCON, AMSC)
There are several big knocks on the development of renewable energy solutions. The first, of course, is cost. The second is intermittency, that is the inability of wind or solar generation to work when…
The Twitter-24/7 Wall St. Market Report 11/23/2010 Spain Debt, JCrew M&A
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Top Active Trader Alert Stocks (ARMH, BRCD, CTF, HRBN, HOVNP, JACK, JASO)
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Arm Holdings Plc. (NASDAQ: ARMH), Brocade Communication Systems, inc. (NASDAQ: BRCD), China Techfaith…
Today’s Best Market Rumors (11/23/2010)
Updated throughout the day. J Crew Group (NYSE: JCG) may be bought by private equity interests for $2.8 billion (NYT) Private equity firm Carlyle will buy Patni Computer for $1 billion (Reuters) Former SAC…
Verizon: The Fastest Internet In The World, At A Price
Verizon (NYSE: VZ) has upgraded it fiber-to-the-home FiOS system so that it can offer download speeds of 150 megabits per second and uploads of 35 Mbps. The service will be offered to the 12.5…
The American Priority List For The Rest Of 2010: Taxes And Jobs
The current Congress does not have much time to do anything before members go home. Some of them will never return. Americans, though, still want Congress to come up with solutions to the country’s…
Nissan Leaf: The 99 MPG Car, But Are There Buyers?
Nissan announced that : The Environmental Protection Agency (EPA) has approved its fuel-economy label for the 100-percent electric Nissan LEAF, rating the vehicle to be “best” in the midsize vehicle class for fuel efficiency…
Government Response Attacked In Deepwater Horizon Disaster
Among the causes of the spread of crude from the leak caused by an explosion of the Deepwater Horizon rig were that the federal government was in no position to assess the size of…
Media Digest 11/23/2010 Reuters, WSJ, NYT, FT, Bloomberg
Hewlett-Packard (NYSE: HPQ) raised its earnings outlook for 2011. (Reuters) J Crew Group (NYSE: JCG) is close to a $2.8 billion takeover by private equity interests. (Reuters) Oil fell to near $81 on eurozone…
Why Asking For Higher Taxes Is Patriotic
Is it patriotic for a group of 45 millionaires to petition the government to raise their taxes? You betcha. In fact, Patriotic Millionaires for Fiscal Strength are willing to sacrifice their own fiscal well-being…