Friday, October 31, 2008

Joe the Plumber hires Nashville publicity team - Yahoo! News

Joe the Plumber hires Nashville publicity team - Yahoo! News: "NASHVILLE, Tenn. – Like all good celebrities, Joe the Plumber has hired a publicity team.

The Press Office in Nashville, where clients include rockers Grand Funk Railroad and Eddie Money, will help him handle the flood of interview and appearance requests that have poured in since he was mentioned during a presidential debate and quickly became a household name."

Thursday, October 30, 2008

Half-Point Cut by Fed; Is Bernanke Done? - The Home Front (usnews.com)

Half-Point Cut by Fed; Is Bernanke Done? - The Home Front (usnews.com): "I'll put it to you this way: We've seen some thawing in credit markets—the interbank lending markets—and if that continues that will be a very good sign and this will probably be the [last rate cut]. If we don't see signs of [credit improvement] between now and the December meeting, then I think the Fed will cut another 50 basis points—because the numbers that are going to come in between now and then on the economy are going to look pretty ugly."

IPhone: AT&T Offers Free Wi-Fi to iPhone Owners (For Real This Time)

IPhone: AT&T Offers Free Wi-Fi to iPhone Owners (For Real This Time): "This past summer AT&T announced free Wi-Fi access for iPhone users, then pulled it—but now it's back. Today they announce that iPhone owners can again get free wireless access from any of their hotspots, including at Starbucks. CNET reports that a text message supposedly went out to iPhone-owning AT&T owners bearing the good news, but neither Adam or I received one (nor did the CNET staff). Update: Adam got his as I wrote this post, so they're going out right now. There's also a new procedure for getting online with your iPhone at the hotspots—presumably one that will keep the laptops using the iPhone user agent from getting free access. Here's how to use a spot with your iPhone:"

Wednesday, October 29, 2008

Durable-Goods Orders Increase Unexpectedly - WSJ.com

Durable-Goods Orders Increase Unexpectedly - WSJ.com: "WASHINGTON -- Demand for expensive goods climbed in September, boosted by higher car and airplane orders for an unexpected increase amid a weakening economy and a credit crunch."

'Hate circuit' discovered in brain - being-human - 28 October 2008 - New Scientist

'Hate circuit' discovered in brain - being-human - 28 October 2008 - New Scientist: "The proverbs tell us that there's a fine line between love and hate, and new scans of the brain's 'hate circuit' have confirmed similarities between the two powerful emotions.

But whereas loved-up partners are likely to be less rational, the new scans show hate to be colder and more calculating."

FRB: Press Release--FOMC statement--October 29, 2008

FRB: Press Release--FOMC statement--October 29, 2008

Tuesday, October 28, 2008

Google offers Gmail users a window into Calendar and Docs

Google offers Gmail users a window into Calendar and Docs: "Google Inc. this week unveiled gadgets created by its Google Labs project that allow Gmail users to look at Google Calendar and Google Docs data without having to open the hosted applications."

Microsoft Plans ‘Cloud’ Operating System - NYTimes.com

Microsoft Plans ‘Cloud’ Operating System - NYTimes.com: "LOS ANGELES — Looking for growth in new markets where it is increasingly being bypassed, Microsoft said Monday that late next year it would begin offering a new “cloud” operating system that would manage the relationship between software inside the computer and on the Web, where data and services are becoming increasingly centralized."

Monday, October 20, 2008

5 Funny Jokes From Barack Obama and John McCain at the Al Smith Dinner - US News and World Report

5 Funny Jokes From Barack Obama and John McCain at the Al Smith Dinner - US News and World Report: "McCain : 'This morning I dismissed my entire team of senior advisers. All of their positions will now be held by a man named Joe the Plumber.'"

Friday, October 17, 2008

Op-Ed Contributor - Buy American. I Am. - NYTimes.com

Op-Ed Contributor - Buy American. I Am. - NYTimes.com: "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions."

Thursday, October 16, 2008

Excel error leaves Barclays with more Lehman assets than it bargained for

A reformatting error in an Excel spreadsheet has cropped up in the largest bankruptcy case in U.S. history, prompting a legal motion by Barclays Capital Inc. to amend its deal to buy some of the assets of Lehman Brothers Holdings Inc.

The law firm representing Barclays filed the motion (download PDF) on Friday in U.S. Bankruptcy Court for the Southern District of New York, seeking to exclude 179 Lehman contracts that it said were mistakenly included in the asset purchase agreement. The firm — Cleary Gottlieb Steen & Hamilton LLP — said in the motion that one of its first-year law associates had unknowingly added the contracts when reformatting a spreadsheet in Excel.

Excel error leaves Barclays with more Lehman assets than it bargained for