Tuesday, January 29, 2008
Tyson Foods To Raise Prices
Tyson Foods Inc. reported Monday its quarterly profit fell 40% from a year ago, dragged down by wider losses in its beef business and surging grain and fuel costs. Near record-level costs for corn and soybean meal is taking its toll, and Tyson said it plans to raise costs for its chicken and beef products that account for 78% of its total sales.
US Foreclosures Rise
The number of foreclosures filed by US homeowners increased sharply in December and left calendar-year 2007 foreclosures higher by nearly 1 mln compared with 2006, according to a private sector report released today. The number of foreclosure filings for December was 215,749, up 6.8 pct from November, according to California-based RealtyTrac.
Monday, January 28, 2008
Saturday, January 26, 2008
Microchips Everywhere: A Future Vision
Microchips with antennas will be embedded in virtually everything you buy, wear, drive and read, allowing retailers and law enforcement to track consumer items and, by extension, consumers wherever they go, from a distance. A seamless, global network of electronic "sniffers" will scan radio tags in myriad public settings, identifying people and their tastes instantly so that customized ads, "live spam," may be beamed at them
An Empire From A Tub Of Goo
Murray Smith remembers what happened on the morning of April 9, 2003, the way other Canadians remember Paul Henderson's miracle goal against the Russians. For Mr. Smith, then Alberta's energy minister, the big score was a letter from his federal counterpart south of the border. It was about the oil sands – a resource that had long been underestimated at home and almost ignored internationally. No more, U.S. energy secretary Spencer Abraham wrote. From now on, when the Americans talked oil, they would be counting the reserves sitting beneath the forests of northern Alberta.
Thursday, January 24, 2008
Tuesday, January 22, 2008
Monday, January 21, 2008
Israel May Have To Take Military Action
Former US ambassador to the United Nations John Bolton said on Monday that Israel may have to take military action to prevent its archfoe Iran from acquiring an atomic bomb. Bolton also said that further UN sanctions against the Islamic republic will be ineffective in stopping Iran's controversial nuclear programme which Israel and the US believe is aimed at developing a bomb -- a claim denied by Tehran. "One can say with some assurance that in the next year the use of force by the United States is highly unlikely," Bolton told AFP on the sidelines of the Herzliya conference on the balance of Israel's national security. "That increases the pressure on Israel in that period of time... if it feels Iran is on the verge of acquiring that capability, it brings the decision point home to use force," he said.
Sunday, January 20, 2008
Friday, January 18, 2008
Thursday, January 17, 2008
Merrill Lynch on Thursday reported a $9.8 billion loss for the fourth quarter, the largest quarterly loss in its 93-year-history, as troubles in the subprime mortgage market took another big bite out of its balance sheet.
Sunday, January 13, 2008
Prisoners 'To Be Chipped Like Dogs'
Ministers are planning to implant "machine-readable" microchips under the skin of thousands of offenders as part of an expansion of the electronic tagging scheme that would create more space in British jails. Amid concerns about the security of existing tagging systems and prison overcrowding, the Ministry of Justice is investigating the use of satellite and radio-wave technology to monitor criminals
Saturday, January 12, 2008
Friday, January 11, 2008
Declaration of Independence
"But, when a long train of abuses and usurpations,pursuing invariably the same object, evinces a design to reduce them under absolute despotism,it is their right, it is their duty, to throw off such government, and to provide new guards for their future security."
Thursday, January 10, 2008
Tuesday, January 8, 2008
Saturday, January 5, 2008
Friday, January 4, 2008
Toyota Ousts Ford
The Ford Motor Company’s United States sales fell 12 percent in 2007, allowing Toyota Motor of Japan to replace it as the country’s second largest seller of vehicles.It was the first year that Ford was not No.2, behind General Motors, since 1931. Toyota, which was in a close — and still undecided — race with General Motors for the title of world’s largest automaker in 2007, said Thursday that its United States sales increased 2.7 percent last year.