<ul><li>The recent series of California storms dumped about 170 million gallons of partially processed sewage into the San Francisco Bay, an environmental group says.</li><li>The San Francisco Baykeeper group says this was in ad…
<ul><li>Carbon dioxide in the atmosphere, a product of combustion of all fossil fuels, is the leading chemical responsible for global warming – or so goes the hypothesis favored by the true believers. </li><li>Most proposed miti…
<ul><li>Jan. 31–Ahli United Bank B.S.C. (AUB) announced an increase in its stake in Ahli United Bank, Egypt (AUBE) from 35.3% to 79.6%, completed through a formal tender offer to all AUBE shareholders. </li><li>This was achieve…
<ul><li>Amazon.com says it will give in to publishing giant Macmillan and agree to sell electronic versions of its books even at prices it considers too high.</li><li>New copies of Hilary Mantel’s "Wolf Hall," Andrew Y…
<ul><li>The 5.7 percent pace was the fastest growth rate in six years. </li><li>National economic analysts had expected the gross domestic product (GDP) to increase at a 4.6 percent pace. </li><li>However, the U.S. C…
<ul><li>Jan. 31–If Tennessee Gov. Phil Bredesen had a wicked sense of humor, he’d pick up the telephone sometime this weekend and dial his Georgia counterpart, Sonny Perdue. </li><li>Bredesen: "Naaa, nothing quite that dra…
<ul><li>Jan. 31–Hundreds of locals with Arctic inclinations plunged into the Atlantic to help the Special Olympics on Saturday, even as a severe winter storm covered the rest of the Southeast. </li><li>Besides raining much of t…
<ul><li>Jan. 31–KUWAIT — The Kuwait Asia Brokerage (KAB) launched its operations in Kuwait yesterday with the unveiling of various investment tools for its global clients. </li><li>On this occasion, the Vice Chairman of KAB in…
A hat-tip to Deano for directing me to the following story about growing mortgage stress amongst first home buyers in Australia. Unlike the rest of the world Australia did not undergo a sizeable correction in home prices as a result of the misguided po…
Last week in my "Advance/Decline" post on January 24, 2010 I have expressed my thoughts that taking into account volume and advance/decline indications on main indexes (S&P 500, DJI, Nasdaq 100) we could be closed to the bottom of the cur…