Many people look at spiking food prices and skyrocketing energy prices and think the link may be the cost of trucking, barging, and flying all that food around the world. Guess again. According to a story on Wired.com, the sheer act of fertilizing some 40
Daily Archives: June 23, 2008
Android Delay: A Blow to Google’s Mobile Ambitions
Google’s Android mobile platform will be delayed until late 2008, The Wall Street Journal reports — confirming a recent story in TheStreet.com (yes, my former employer.) According to The Journal, Google is running into difficulties with its mobile partne
Sentiment Shifts: Credit Crunch Isn’t Over, March Wasn’t ‘The’ Low
The stock market is in limbo today, unable to make much headway as traders await some key economic news and earnings due later in the week. Of course, Wednesday’s Fed meeting is the biggest “known known” this week and it’s now pretty clear the F
Financials: A Long Way from the Bottom
No tears are being shed on Main Street amid reports of more layoffs on Wall Street. But news both Goldman and Citigroup are each cutting 10% of their investment banking staffs is a worrisome sign for investors. For the past year, many
Oil: Fundamentals Trump Rhetoric from Saudis, Politicians, Barron’s
The much ballyhooed Saudi oil summit came and went this weekend with a pledge from the hosts to increase daily production by 200,000 barrels, which just isn’t enough supply to bring prices lower. (Notably, 200,00 barrels is the same amount as