U.S. stock futures slip amid foreign lender’s woes http://finance-week.org/?p=413... A flurry of statistics due for release, including consumer confidence and retail sales, may show the degree to which the economy has been hurt by market turmoil. S&P 500 futures slipped 5.9 points at 1,492.10 and Nasdaq 100 futures fell 9.75 points at 2,014.75. Dow industrial futures eased 42 points. Markets were coming off a strong Thursday, in which news on McDonald’s and General Motors led to gains for U.S. stocks, notably the Dow Jones Industrial Average, which rose 133 points. The S&P 500 added 12 points and the Nasdaq Composite added 8.9 points. Heading into the U.S.
GM parts facility adds 1.3M kWh solar array http://auto-news-blog.com/in-the-news/gm-part... General Motors is installing a huge solar array on top of their 300,00 sq. ft. service parts warehouse in Fontana, CA that will be capable of generating 1.3 million kWh of electricity annually. The array will generate about half of the electricity requirements of the facility as well as providing enough power back to the grid to feed 300 homes. The company already has a similar array in operation at another warehouse in Rancho Cucamonga. The installation will be done by Constellation Energy and Project Services. Constellation will own, operate and maintain the equipment and provide the power to GM under a long-term contract. The panels are being supplied by United Solar Ovonic.
British pound plumbs year lows on Northern Rock rescue http://finance-week.org/?p=414... Sterling fell to 1.4531 euros from as high as 1.4636 euros on Thursday, and to .0165 from .0345 on Thursday. Northern Rock on Friday said it would need to get emergency funding from the Bank of England, as its wholesale funding model broke down with global credit markets in turmoil. See story. The pound had started to drop when news reports from the BBC and the Financial Times indicated that the lender needed central bank help. Though the U.K. lender has limited direct exposure to U.S. subprime mortgages, investor appetite for bonds backed by mortgage loans, regardless of origin, has vanished worldwide.
Twinkle Toes http://fashion-week.net/?p=666... What do we sacrifice to fit our toes into overarching pumps day after day for the sake of fashion? Since the start of my more “corporate”ť career, I’ve made the transition from flip-flops to closed-toe dress shoes (heels and flats). An immediate benefit was that my callouses disappeared and my feet stay clean and moisturized. The more subtle downside was the growing aches and pains at the ball of my feet at the end of the day. A friend of mine had the same types of pain and was diagnosed with a bunion and had hers surgically removed. Until now, I had no idea what a bunion was”¦ it sounded like some type of foot fungus to me.
Panel Calls for U.S. Troops to Reduce 'Footprint' in Iraq http://www.washingtonpost.com/wp-dyn/content/... An independent commission that studied the readiness of the Iraqi security forces called today for a "strategic shift" in Iraq, with U.S. forces reducing their massive "footprint" in the country and moving to what it called an "overwatch" posture focused on the borders with Iran and Syria.
APEC Ministers Discuss Trade Negotiations, Climate Change, Global Security http://www.voanews.com/english/2007-09-06-voa... Trade and foreign ministers from the Asia Pacific Economic Cooperation forum say stalled international trade negotiations, climate change and global security should top the agenda when APEC leaders hold their summit talks on Saturday and Sunday. VOA's Nancy-Amelia Collins reports from Sydney, where the meetings will be held.
Searchers Hold Out Hope of Finding American Adventurer http://www.voanews.com/english/2007-09-06-voa... Search and rescue operations for American adventurer Steve Fossett entered a fourth day Thursday in the western U.S. state of Nevada.
Israel: Operation in Gaza Strip http://www.washingtonpost.com/wp-dyn/content/... Israeli troops backed by tanks and bulldozers crossed into southern Gaza to strike at Palestinian militants on Thursday, a day after Israel's defense minister said a broad operation inside the territory was inevitable.
Genesis turns it on again http://www.thestar.com/entertainment/WhatsOn/... British prog-rockers kick off a tour here that aims to show a progression from 1967 to the present
More clashes expected as summit ends in Montebello http://www.canada.com/nationalpost/news/story... Protesters and police are set to clash again Tuesday as the summit of the three North American leaders continues into its second day.
Cheers as Bush lands in Iraq http://www.theage.com.au/news/world/troops-su... President Bush made a surprise detour on his way to Australia to visit Iraq's Anbar province in what he hopes will be a potent symbol to US Congress and the world that the surge is working - at least in this part of Iraq.
