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| No daily Viagra dose, no peace! Philly transit workers rise up in protest
November 7, 2009 at 4:00 pm
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| Filed under: Healthcare, Media, Pfizer  The striking union of transit workers in Philadelphia are angry that they're not getting daily doses of Viagra. And amazingly, their bosses apparently caved on their demands after the union turned down a generous offer -- and threatened to embarrass the city during the World Series.
The Southeastern Pennsylvania Transportation Authority has agreed to cover almost all of its rising health-care costs, and to increase coverage for Pfizer's (PFE) Viagra and other erectile dysfunction treatments, the Philadelphia Daily News reports. Workers are unhappy that their health insurance plan only covers about 10 pills a month.Continue reading No daily Viagra dose, no peace! Philly transit workers rise up in protest No daily Viagra dose, no peace! Philly transit workers rise up in protest originally appeared on DailyFinance on Sat, 07 Nov 2009 16:00:00 EST. Please see our terms for use of feeds. Read | Permalink | Email this | Comments |
| Walmart slams lid on customers' creepy online reviews of its caskets
November 7, 2009 at 2:00 pm
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| Filed under: Company News, Media, Wal-Mart Stores, Amazon.com, Inc.  The howling-wolf T-shirt phenomenon it is not. Walmart Stores (WMT) has closed the lid on customer reviews of its caskets. As DailyFinance reported this week, the retailer is selling 15 caskets, and more than 130 urns and cremains containers, through its website.
As debatable as that business proposition might be, it proved a sure thing with at least one type of consumer: not the bereaved, but the wags who lurk behind high-speed Internet connections, waiting for an opportunity to heckle retailers with tongue-in-cheek reviews.Continue reading Walmart slams lid on customers' creepy online reviews of its caskets Walmart slams lid on customers' creepy online reviews of its caskets originally appeared on DailyFinance on Sat, 07 Nov 2009 14:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments |
| Why 10% jobless rate means misery for many, buying opportunity for some
November 7, 2009 at 12:00 pm
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| Filed under: Economy, Investing  As news broke that the U.S. jobless rate crossed the dreaded 10 percent mark, many investors braced for the market's reaction. The response to word that unemployment reached levels not seen since 1983? The Dow Jones industrial average closed up 17.46 points to 10,023.42 and the S&P 500 ended the day at 1,069.30, up 2.67 points. Not exactly a sell-off.
So did news on Friday of 10.2 percent unemployment represent a buying opportunity? For those who follow market trends, it did. Although the labor department said the country in October lost 190,000 jobs -- or 15,000 more than expected -- active traders in the market keyed in on another unemployment statistic: the monthly revisions of unemployment results. That's when government statisticians, armed with more complete data, go back and and revise up or down previous months' unemployment figures.Continue reading Why 10% jobless rate means misery for many, buying opportunity for some Why 10% jobless rate means misery for many, buying opportunity for some originally appeared on DailyFinance on Sat, 07 Nov 2009 12:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments |
| Massucci's Take: Google Wave is email for the next generation
November 7, 2009 at 11:00 am
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| Filed under: Company News, Technology, Columns, Google , Facebook  There is a lot of buzz these days over a new product called Google (GOOG) Wave. Some are under the false impression that it's the next Twitter, but this new tool from Google is very different. Think of it as a real-time collaboration tool that includes, among its many features, email on steroids.
Greg Dalesandre, Google Wave product manager, in an online video, describes Wave as a "shared space," where users can communicate using text, videos, photos and maps. So you can have a conversation while working on a document with a group of people in another city -- or in another part of the planet. You can both work together in real time using richly formatted text, photos, videos and more. The wave is the shared experience that you are involved with. So you could be working with 10 people and everything you do -- from the conversations you have to the changes you make to a document, will be inside a wave. What's really cool about this is that the wave allows you to rewind, allowing you to see who said what when. Since everything is in real-time -- it's fast.Continue reading Massucci's Take: Google Wave is email for the next generation Massucci's Take: Google Wave is email for the next generation originally appeared on DailyFinance on Sat, 07 Nov 2009 11:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments | 
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Most mainstream academic and government economists -- elites, we should note, who are generally well-protected from the vagaries of the real world -- are united in the view that massive federal deficits to fund stimulus programs are not just a good thing but a necessary thing.
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