Saks revises 3Q results due to tax benefit

Luxury retailer Saks Inc. on Friday restated its third-quarter profit to add a $4.4 million tax benefit, bumping its net income to $6.3 million from $1.9 million.

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Sector Snap: For-Profit education cos. downgraded

A William Blair analyst lowered his rating on three higher-education providers, saying investors won't likely see any big increases in their share prices.

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Sector Snap: For-profit education providers sink

Shares of for-profit education companies tumbled Wednesday a day after Apollo Group Inc., one of the largest and oldest of the companies, said the Securities and Exchange Commission had launched an "informal inquiry" into its revenue accounting practices, its second SEC probe this year.

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Handset maker Sony Ericsson warns of 1Q loss

Mobile phone maker Sony Ericsson on Friday warned it expects to post a first-quarter pretax loss as it continues to be hurt by falling consumer demand amid the global financial crisis.

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Airline Profit Guidance Lowered Again

The slowing U.S. economy and surging jet fuel prices have forced an international trade group to lower its outlook on airline profits for the second time in four months, with domestic carriers expected to take the biggest earnings hit.

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Intel Lowers Gross Profit Margin Outlook

Intel Corp. lowered its profit forecast for its fiscal first quarter Monday, blaming the shortfall on a steeper-than-expected drop in prices for memory chips.

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Since the alternative [to body scanners] is being groped by airport screeners, the scanners might sound pretty good. The Transportation Security Administration has claimed that the images "are friendly enough to post in a preschool," though the pictures themselves tell anothe …

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Of some 84,000 chemicals being used commercially in the United States, some 20 percent -- or 17,000 -- are kept secret not only from the public, but from medical professionals, state regulators and even emergency responders, according to a report at the Washington Post.

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During the bubble, Goldman Sachs and other financial firms created complicated mortgage-related investments, sold them to clients and then placed bets that those investments would decline in value.

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On the basis that you know what you are doing is wrong and you can see that the victim is begging for mercy...would you commit murder? Mohamed Axam Maumoon, 15-year old Maldives Ambassador at Copenhagen Climate meeting. This is the most moving message I've ever heard, I believe.

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As I read this article, and all of those which have come before it, I did so with saddened heart and a befuzzled brain.

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Once the bill is enacted, all health insurance plans would be required to spend at least 85 cents of every dollar paid in premiums each year to providing actual health care.

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The efforts to try to burnish the image of bankers have gone from being unconvincing to ridiculous. I am certain we will see Jon Stewart comment on the latest twist, of trying to claim that God wants banks (and therefore bankers) to make a lot of money.

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More people are visiting Starbucks Corp. coffee shops this year than last, and they're spending more money when they do, an executive said Thursday.

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NEW YORK— Verizon Communications Inc. posted a 30% decline in its third-quarter profit as rival AT&T Inc. and Apple Inc.'s iPhone took a bite out of its wireless growth.

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Is NSPD-51 and HSPD-20: National Emergency Illegal?

President Obama declared a "National Emergency" today, October 24, 2009, because of the Swine Flu, but can that declaration lead to the U.S.

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Spitzer had some pointed criticism for the way the Obama administration has been handling the bank bailouts.

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Misconception vs. Reality

For well over a year now I have dedicated the majority of my life and my time to fighting for prison reform in the USA.

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Entrepreneur Larry Silverstein lost his bid for more billions as the judge for the U.S. Southern District ruled that 'he had enough'.

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The private industry and an unregulated free market bear a large brunt of the responsibility for the serious problems that now confront the American healthcare system: 45 million uninsured, frequent abuse of the insured, the highest - and increasing at a perilous pace - expenditu …

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Back in the good old days, the conservatives were the folks who favoured individual choice. Not any more. In the current healthcare debate, the top priority of the so-called conservatives is to deny people choice.

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Although private insurers lack the ability to effectively bring down costs, they are able to compensate for high treatment prices in other, more pernicious ways.

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MONEY MAKES THE WORLD GO ROUND

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could be good news

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The great fallacy here is the idea that medicine is just another industry that will function best through a free market Our health is too important to trust to an arrangement driven by greed.

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The article also has links to underwriting documents of the major health insurers.

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Soldiers voluntarily join a government-sponsored program for their own well-being or for somebody else's well-being. Sometimes they choose that public option because it's financially advantageous and other times join just because it seems to be the right thing to do.

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Because the United States does not look like a militarized country, it's hard for Americans to grasp that Washington is a war capital, that the United States is a war state, that it garrisons much of the planet, and that the norm for us is to be at war somewhere at any moment.

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Facebook's user base is nearly as large as the U.S. population and, for the first time, the site has turned a profit.

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Mohammed is now the most common name for baby boys born in London and three other English regions, official Government figures have shown.

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This March, Good Housekeeping announced it would be getting in on the ongoing greenwashing of the American marketplace.

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