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Ford Posts $8.7 Billion Loss (New York Times)
The Ford Motor Company, stunned by abysmal sales of its most profitable vehicles and a sudden shift in consumers’ tastes, said Thursday that it lost $8.7 billion in the quarter, its worst ever, and would overhaul its North American plants to focus on small cars.
XM/Sirius Nears Approval (Wall Street Journal)
A majority of commissioners at the Federal Communications Commission have reached a deal to approve Sirius Satellite Radio Inc.’s long-pending purchase of XM Satellite Radio Holdings Inc.
45% of Black Women in the U.S. Have Never Been Married (CNN)
A majority of commissioners at the Federal Communications Commission have reached a deal to approve Sirius Satellite Radio Inc.’s long-pending purchase of XM Satellite Radio Holdings Inc.
Minimum Wage Up to $6.55 (Daily Kos)
In the wealthiest country in the history of the world, it is an outrage that anyone who works full-time would still wind up in poverty.
Cuomo Said to Pursue Fraud Charges Against UBS (Deal Book)
New York state Attorney General Andrew Cuomo is preparing to file civil securities-fraud charges against UBS The Wall Street Journal reported.
Cravath Model, that Created Have and Have-Not Law Grads Could Implode (ABA Journal)
Henderson offers a solution in a working paper in which he notes a study at Bell Laboratories that found no relationship between star performers and IQ or their social abilities, Legal Ethics Forum reports.
McAfee Sues WilmerHale for $12 Million in Legal Fees (Law.com)
The Santa Clara, Calif., company is embroiled with Wilmer, Cutler, Pickering, Hale and Dorr over $12 million in legal fees incurred in the trial of former McAfee Chief Financial Officer Prabhat Goyal. The company is accusing WilmerHale of fraud, theft, negligence and breach of fiduciary duty.
Electronics Leaders Working on Wireless HD Standard (Wired News)
Sony, Samsung and other consumer-electronics heavyweights are uniting to support a technology that could send high-definition video signals wirelessly from a single set-top box to screens around the home.
Rockers Rally Around Obama (Chicago Sun Times)
Barack Obama’s presidential campaign is about to get another boost from a group of his celebrity supporters. Four-time Grammy-winning singer and songwriter Dave Stewart on Monday shared a preview with the Sun-Times of a music video he is creating ”that should be out on the Internet in about 10 days.”
The Only Guide to Happiness You’ll Ever Need (Zen Habits)
Happiness shouldn’t be something that happens to us in the future, maybe someday, if things go well. Happiness should be here and now, who we are now, with the people we’re with now, doing the things we’re doing now. And if we’re not with people who make us happy, and doing things that make us happy … then we should take action to make that happen.
Google Maps Releases Walking Directions (Google Blog)
You can tell Google Maps that you want walking directions, and we’ll try to find you a route that’s direct, flat, and uses pedestrian pathways when we know about them.
Apple Tumbles Despite Earnings Jump (LA Times)
Apple Inc.’s strongest-ever fiscal third quarter wasn’t enough to keep the bears away Monday as worries about the company’s financial forecast sent its stock tumbling as much as 11% in after-hours trading.
Iraq Announces Support For Obama’s Withdrawal Plan (NY Times)
The Iraqi government on Monday left little doubt that it favors a withdrawal plan for American combat troops similar to what Senator Barack Obama has proposed, providing Mr. Obama with a potentially powerful political boost on a day he spent in Iraq working to fortify his credibility as a wartime leader.
New York Times Rejects Article Written By McCain (Drudge Report)
An editorial written by Republican presidential hopeful McCain has been rejected by the NEW YORK TIMES — less than a week after the paper published an essay written by Obama, the DRUDGE REPORT has learned.
Lawyer Accused of Running Strip Club/Brothel in Midtown Manhattan (Gothamist)
At the Hot Lap Dance Club on West 38th Street, police say customers could indulge not just in hot lap dances but some more intimate fun by the hour in cubicles, private bedrooms or even “off-premises.” And what’s more, the joint was run by a group of people, including one who started a voter reform advocacy group after the 2000 election and a private police force cop.
How to Reveal Blocked Caller ID Info (Engadget)
Let’s say for some reason someone has his or her caller ID blocked and is calling you all the time. Let’s then say you really want to know who that person is for, you know, whatever reason — not that we’d know anything about that. Some crafty phreaker types have come up with a way to do this using an enterprise-spec asterisk box and a SIP trunk provider
Google Docs Adds Over 300 New Templates (43 Folders)
Google Docs recently added over 300 templates for a variety of business documents, spreadsheets, and presentations. Need templates for a calendar, a letter, a resume, or even Avery-compatible labels? You’re good to go.
Ford Posts $8.7 Billion Loss (New York Times)
