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Crude futures steadied following Thursday's 4% slide in response to the foiled airliner bombing plot, finishing at $74.35 a barrel.

Costly gasoline contributed to the 1.4% July gain in retail sales, the biggest increase in six months. Sales rose a strong 0.7% excluding the gas and the autos, confirming upbeat recent commentary from Federated (FD), Target (TGT) and J.C. Penney (JCP).

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Brown and Salmond ‘have not talked in months’

The lack of communication is very much a 10 Downing Street centred problem."

Alex Salmond today issues his first Christmas message as First Minister, hailing a "remarkable year" in which people made the historic decision to elect the country's first SNP government.

"In the past eight months I have led that government which has shown a willingness to get to grips with the key issues in order to move the nation forward," he states.

"My government has been keen to work with other political parties to build parliamentary consensus around issues that matter to the people."

Citing advances such as a slimmed-down cabinet, moves to scrap student fees, prescription charges and bridge tolls, striking a deal with local government and winning the 2014 Commonwealth Games for Glasgow, he said ministers were determined to do more.


February 2008

I continue to be amazed at the evolvement of Huckleberries Online and the local blog community. HBO Blogfest '08 is another example of something happenin' different here. A wonderful mix of personalities and pseudonyms. It didn't start out that way. But I'm delighted that we've gotten to a place where we can set aside ideologies, religious doctrine, politics, disparate backgrounds, etc., to enjoy one another's company. Blogfest '08 was a special time. I'd like to see HBO and the SR sponsor a Dougfest (Doug Clark & Trailer Park Girls) this summer. It might happen. Who knows? HBO works because there's no agenda or much organization. Sorta like the Grateful Dead. If I don't screw things up at HBO Central, we'll get together for another blogfest about this time next year. Now, for your Wild Card ...


Fed Takes Aim at Deceptive Home Lending Practices

Real estate agents' signs line a Birmingham, Mich., street in this Feb. 21, 2007 file photo. Battered by a declining manufacturing base, stagnant population growth and low demand for housing, Michigan and Ohio rank No. 1 and 2 on mortgage finance company Fannie Mae's list of states with the largest credit losses through Sept. 30. (AP Photo/Carlos Osorio, file) (Carlos Osorio - AP) .


FDA Admits Drug-Approval Error

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Inventive and dynamic risk-takers who changed the face of Britain

Appointed chief operating officer for exploration and production in 2002, he later became the executive assistant – or bag carrier – for Lord Browne, his predecessor in the chief executive slot. He distinguished himself in 2006 with a candid and public reflection on an overly "top-down" style of leadership at the company, expressing concern about the company’s commitment to engineering and maintenance. Accidents in the Gulf of Mexico, and Alaska, have punctured the company’s aura. Mr Hayward’s task is to restore BP to preeminence.

3 - Damon Buffini is chairman of Permira. It may not be the biggest buyout powerhouse, but it is the one that has consistently set, and defended the private equity agenda. Mr Buffini, brought up on a council estate by a single mother, has been ridiculed by unions as an asset stripper and parasite.


NY Times has yet to correct misquote of Clinton's comments during ...

Summary: The New York Times has continued to report on Sen. Hillary Clinton's emotional response to a question during a January 7 campaign event, but has yet to correct the error in a January 7 article that misquoted Clinton as saying, "I have so many ideas for this country, I just don't want to see us fall backwards." In fact, she said, "You know, I have so many opportunities from this country."

The New York Times has not corrected a January 7 article that misquotes Sen. Hillary Rodham Clinton's (D-NY) emotional response to a question by Marianne Pernold Young, a local freelance photographer, during a campaign event that day in New Hampshire. ABC News reported: " 'My question is very personal, how do you do it?' Pernold Young asked, mentioning that Clinton's hair and appearance always looking [sic] perfectly coifed.


Market Watch: Time for soul searching, not witchhunting

When investors lose as much money as they did last week, they feel crushed. What follows that despair is anger. “Someone" has to be responsible for the debacle. Fingers are pointed at the government, at stock exchanges, at the market regulator, at stockbrokers and at the media. Since it is difficult to own up responsibility for a massacre of such proportions, the “system" is blamed. The administration, on its part, perhaps only to duck public ire, often responds by announcing witchhunts. Hunts to identify “who" was behind such a crash. Sadly, such witchhunts always end empty, as they have to. The reality is that those wounds are self-inflicted.

Let's face it: we are a nation of speculators. We love to get carried away. Very few people in this country approach the stock market with a constructive, long term capital building mindset.


 
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