Archive for the 'Economy' Category

Wars no excuse for terror, sats Sturgeon

Thursday, July 26th, 2007

THE ongoing wars in Iraq and Afghanistan are no excuse for terrorism, Scotland’s deputy first minister told a 1,500-strong crowd in Glasgow yesterday.
Nicola Sturgeon was addressing the inter-faith rally, a week after the attack on the city’s airport.
Glasgow also played host to more than 10,000 Orangemen who marched through the city to Bellahouston […]

Target stores to give boost to Blu-ray DVD format

Thursday, July 26th, 2007

(07-25) 13:40 PDT Los Angeles (AP) —
Target Corp., the nation’s second-largest retailer, will start selling a Sony Blu-ray high-definition DVD player during the critical holiday shopping period and feature the player along with DVDs in the format in store displays, dealing a potential blow to the rival HD DVD format.
The move, which the […]

Refusal to change is case study in fund mismanagement

Wednesday, July 25th, 2007

There are no hostile takeovers in mutual funds.
Bad managers are entrenched until they resign or the fund’s directors give them the boot. Shareholders generally have no say in the matter; unlike a corporation, where dissident investors can slug it out on the open market, most mutual funds don’t even have to tell customers when […]

Cuba finds itself isolated from financial systems

Wednesday, July 25th, 2007

HAVANA: Heightened scrutiny of banking transactions by the United States since the Sept. 11, 2001, terror attacks has led European and Canadian banks to curtail dealings with Cuba, according to bankers and businesses.
Cuba ceased exporting armed revolution to Latin America two decades ago, but Washington still lists the Communist country, along with Iran, Syria, […]

Black Shoppers Sue Toys ‘R’ Us for Racial Discrimination

Wednesday, July 25th, 2007

NEW YORK—Two black shoppers have sued saying they were subjected to racial discrimination and unjustified scrutiny at a store in New York.
Patricia Drayton and Valerie Kirk said in the lawsuit that the store in The Bronx, a borough of New York City, discriminated against them by asking them to show their sales receipts. […]