| Clinton picks up key endorsements from black leaders heading into ...
On Friday, he looked to cut into Clinton's support among women, who were crucial to her New Hampshire win. At a round table with four women in Charleston, he sought to appeal on women's concerns on health care, the mortgage crisis that has fanned U.S. fears of recession, and government spending on preschool. The mortgage squeeze, he said, "impacts women more and minorities more." .
Union Pacific profit rises, but forecast is weak
Chief Executive Jim Young said that although slowing U.S. economic growth and high fuel prices will pose challenges for the company this year, Union Pacific remains optimistic that it will be able to "overcome economic weakness and post another record year in 2008." .
Schmitt making noise in Mobile
MOBILE, Ala. -- Owen Schmitt has yet to mangle any face masks during this week's Senior Bowl practice, although there still is time for him to add to his famed collection. Legend has it that he broke 10 face masks during his West Virginia career, a testament to the way the bruising, 6-foot-1, 247-pound fullback plays the game. .
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The EU proves itself once again to be a strong market-regulator, launching two new investigations into Microsoft anti-competitive practices It could be safely said that the European Union (EU) and Microsoft are not exactly best buddies. Microsoft fought the law, and the law won -- to the tune of a $690M USD fine imposed last year by the European Commission (EC), the financial regulatory branch of the EU. Pleased with its success, the European Commission just released a memo detailing that it believes more fines may soon be in store against Microsoft. The EC memo states its intent to launch two more formal investigations into whether Microsoft abused its market position and engaged in anti-competitive processes. One claim leveled in the memo alleges Microsoft failed to disclose interoperability information "across a broad range of products." In particular it mentions the Office suite, server products and the .NET framework as possible software which Microsoft failed to disclose interoperability data; an anti-competitive and illegal practice. The crux of the investigation is Microsoft Office 2007's new proprietary Open Office XML format. The Commission will examine whether the new formate makes Office "sufficiently interoperable with competitors' products." If it decides that it is not, it could be the latest in a long string of failures for the new oft-criticized format. Recently, the governing body of the British school system expelled Vista and Office '07 from the classroom, partially because it felt OOXML was inferior to the open source Open Document Format. Microsoft has constantly argued the opposite -- that its format is the superior one.
Penn Treaty Launches Wellness Program to Support Healthy, Independent ...
ALLENTOWN, Pa., Nov. 7 /PRNewswire-FirstCall/ -- Penn Treaty American Corporation (NYSE: PTA) , a pioneer in the long-term care insurance (LTCi) industry, has initiated the Wellness Privileges Program, offering wellness services designed to help policyholders live more healthy, independent lives. Highlighting the wellness services is the Brain Fitness Program(TM), a computer-based mental exercise program that guides users through a series of exercises designed to help improve memory, strengthen communication, and sharpen thinking skills-with the ultimate goal of delaying the onset of dementia and Alzheimer's disease. Hailed as one of the "medical breakthroughs of the year" by CNBC, the program was developed by Posit Science (www.positscience.com) and is the first of its kind in the long-term care insurance industry.
Soldiers' custody battles drive bill
The problems with her son's father became so severe that Army 1st Lt. Tair Bolder had to take an emergency leave to return to Wichita and go back before a judge, Adair told the committee. The panel is considering House Bill 2621, which would help ensure that deployed soldiers return to the same custody and visitation rights they left. Bolder is an Army Reserve nurse serving near Tikrit, Iraq. Her problems are not unusual for deployed service members, the committee heard. "A lot of the soldiers and the airmen have been at war fighting their exes," Col. Bruce Woolpert, legal adviser to the Adjutant General of the Kansas National Guard, told lawmakers. Parents remaining behind are taking advantage of deployments to change custody agreements, he said.
Bonuses keep experienced commandos from leaving military
WASHINGTON — The Pentagon has paid more than $100 million in bonuses to veteran Green Berets and Navy SEALs, reversing the flow of top commandos to the corporate world where security companies such as Blackwater USA are offering big salaries. The retention effort, started nearly three years ago and overseen by U.S. Special Operations Command in Tampa, Fla., has helped preserve a small but elite group of enlisted troops with vast experience fighting the unconventional wars in Iraq and Afghanistan, according to Defense Department statistics. Overall, more than 1,200 of the military’s most specialized personnel near or already eligible for retirement have opted for payments of up to $150,000 in return for staying in uniform several more years. The numbers gathered by The Associated Press and other Pentagon research indicate there has not been an extended exodus of commandos to private security companies and other businesses that value their talents.
U.S. Stocks Pare Declines; Exxon Retreats, Financials Gain
U.S. Stocks Pare Declines; Exxon Retreats, Financials Gain Elizabeth Stanton/Bloomberg News Service U.S. stocks fell for a fifth day, the longest losing streak in 11 months, as growing concern about the slowing economy prompted the Federal Reserve to cut interest rates by the most in more than two decades.The Standard & PoorElizabeth Stanton's 500 Index pared its worst loss in five years after some investors were persuaded the Fed would continue cutting rates after its emergency reduction today. Exxon Mobil Corp., Microsoft Corp. and Cisco Systems Inc. led declines. Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co. led financial shares higher for the first time in three days after the Fed cut its benchmark rate by 0.75 percentage point.``It shows that they're trying to stem the negative sentiment that's out there that there's a recession under way,'' said Edgar Peters, chief investment officer at PanAgora Asset Management in Boston, which manages $25 billion.The S&P 500 retreated 17.9 points, or 1.4 percent, to 1,307.29 at 2:01 p.m.
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