Archive for February, 2007
Best Cars 2007
These 10 'Top Picks' score at or near the top of their category in Consumer Reports' testing, have at least average reliability and perform well in crash tests.
House bill aims to spur labor union growth
The House is expected to pass a piece of legislation Thursday that seeks to significantly rebalance the playing field for unions and employers and could possibly reverse decades of declining membership among private industries.
Investors lick their wounds
Stocks rebounded early Wednesday, a day after a huge selloff resulted in the blue-chip Dow Jones industrial average posting its biggest one-day drop in more than five years.
Click here to repair democracy
Imagine it’s March 2008, and Americans are grumbling (again) about having to pick a President from among lesser evils. John McCain has emerged with a lock on the Republican nomination, but he’s pandered so much to the religious right on gay marriage and stem-cell research, and dug in so deeply on staying the course in Iraq, that he’s lost his crossover appeal and turns off even the moderates in his party.
A startup’s best friend? Failure
Few niches crashed more spectacularly during Web 1.0 than the pet sector. In the space of just nine months in 2000, Pets.com managed to raise a jaw-dropping $82.5 million in an IPO, air a $1.2 million Super Bowl ad starring its sock puppet mascot, land funding from Amazon.com, build a network of cavernous warehouses ... and go out of business without making a penny in profit.
Economic growth not so strong
The U.S. economy grew at a much slower pace in the fourth quarter than previously estimated, according to a government report that was a bit weaker than forecast but included an encouraging inflation reading.
Merck lifts ‘07 earnings forecast
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Home Depot eyes extended housing slump
Home improvement retailer Home Depot said early Wednesday that a recovery in the battered housing and homebuilding market is still as much as a year away, and warned that its sales and earnings will take a hit.
Mortgage applications rise, bankers say
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What one man did with a $220 million Powerball win
Brad Duke, 34, a manager for five Gold's Gym franchises in Idaho, pocketed a lump sum of $85 million after winning a $220 million Powerball jackpot in 2005. He spent the first month of his new life assembling a team of financial advisors. His goal: to use his winnings to become a billionaire. Here's what Duke has done with his money so far.