| South Carolina Democratic Primary Coverage - Saturday, January 26, 6 ...
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Tomorrow Never Dies?
Then again, Nour may want to change the names of his parties, because it seems that with the PPAC, tomorrow never comes. Allah Akbar YOU CAN COMPLAIN about the cacophony of today's so-called singers, but what about those who call the faithful to prayer five times a day? Just try it and you'll get a one-way ticket to hell, it seems. It's an attitude Minister of Awqaf Hamdi Zaqzouq is campaigning to change after receiving a spate of complaints from citizens fed up with the lousy voices of many of the capital city's muezzins and with their poor sense of timing, given that each mosque seems to call the azan at a slightly different time. .
No lifeline here
Now is the time to throw a lifeline to consumers, who can barely keep up with the bills, let alone invest. Instead, Finance Minister Jim Flaherty gave us Tax-Free Savings Plans, where starting in 2009 we can sock away $5,000 a year using cash, GICs, mutual funds, bonds, stocks and any other investment that's eligible for RRSPs, and the taxman can't tax the gains. The difference between RRSPs and these new babies is there is no immediate tax refund. For example, it you invest $2,000 in a RRSP by midnight tomorrow and if you're in a 40% tax bracket, you'll get a $800 tax refund when you file your 2007 income taxes. But, unlike an RRSP that you invest in until age 71, you can cash out your savings account and pay no tax. Question is: Where do you park your money -- RRSPs or tax-free savings accounts? And what about RESPs? "It's a balancing act, but people should sit down with an adviser and figure out what works best for them," said Linda Knight, president of BMO Mutual Funds.
Software colossus proves it can still be nimble
So Microsoft is making a hostile bid for Yahoo. Has it come to this? Is Microsoft's innovation engine so dead that the only way it can grow is to buy other companies? It's sad, in a way, because under the right circumstances, Microsoft, or pieces of it anyway, are still capable of fresh ideas and polished work. Nowhere is this more apparent than in the company's suite of online tools for small businesses, which reopened Monday in an improved 2.0 version (www.smallbusiness.officelive.com). What makes Office Live Small Business so compelling is its sharp focus on a single problem: that small businesses do not make full use of online tools like Web sites, e-mail newsletters, search-engine ads and online stores. Office Live Small Business, or OLSB, is a centralized Web site where you can set up all of those small-business things - a Web site, an online ad campaign, e-mail promotions, in-company communications - all by yourself, even if you're not very technical.
Internet Family Sues MySpace After Teen Commits Suicide
While the Internet has a wealth of good things going for it, there are some bad points as well. Social networking sites like MySpace and Facebook illustrate these points well. Most users of MySpace and Facebook use the sites as they were intended -- a place to meet friends and find like-minded people to chat with and make new friends. However, both Facebook and MySpace have had problems with sexual predators preying on unsuspecting children using the sites. DailyTech reported earlier this month that Megan Meier, a 13-year-old girl, had committed suicide after a cyber-bully tormented her on her MySpace page. In the case of Meier, the local district attorney said charges were unlikely to be filed. The Dallas Morning News reports that another young girl, a 14-year-old identified only as Julie Doe from California killed herself in July of 2006 after being sexually assaulted by a 30-year-old man that she had met on MySpace named Kiley Ryan Bowers.
McAfee, Inc. to Secure E-Commerce Through Acquisition of ScanAlert ...
SANTA CLARA, Calif., Oct. 30 /PRNewswire-FirstCall/ -- McAfee, Inc. (NYSE: MFE) today announced a definitive agreement to acquire the privately-held ScanAlert, Inc., creators of the fast-growing HACKER SAFE(R) Web site security certification service, for approximately $51 million in cash up front and with an earn-out of up to an additional $24 million if certain performance targets are met. The acquisition will extend McAfee's leadership position in Web security, and will help to guide the more than 116 million U.S. consumers who shop online to safe e-commerce Web sites. "Consumers are expected to spend nearly $160 billion dollars this year on products and services online, providing personal credit card information to e-commerce Web sites, many of which have traditionally been under-protected," said Dave DeWalt, chief executive officer and president of McAfee.
Rule change opens whole new world to investors
He favours some European multinationals because they are a bit cheaper than their American counterparts. But the volatility of the euro can eat into profits. Last year, the currency was down 20 per cent compared with the loonie, so many European investments were a bit of a wash even though the market was up 25 per cent. This year the market is unlikely to go up that much, he says, and the euro is unlikely to drop that much. Mr. Graham's picks for European investments include Nestl SA, Novartis AG, Sanofi-Aventis Group, Unilever PLC, Cadbury Schweppes PLC and Diageo PLC. The Guardian Group of Funds holds all these companies in their funds. Mr. Graham personally owns Cadbury Schweppes and Diageo. Mike Young, a 36-year-old self-employed real-estate agent in Toronto, would rather invest in developing countries than in multinational corporations.
Spin the Black Circle: Auto Club 500
I'd also grab Matt Kenseth in the Stock Car Challenge. Kenseth's value in that game went from $22.6 million to $22.1 million because he crashed out of the 500 in a wreck not of his own making and finished 36th. I'm wagering that'll be the last time you get the No. 17 at such a discount, so jumping on his bandwagon here locks you in at a discount on Kenseth, at least until the game's second segment. (That would also be an argument for using Johnson and Jeff Gordon, who'll also be strong this weekend, but I'm riding the Roush drivers hard.) Kenseth has won two of the past three Fontana Cup events, though he probably had the second-best car here in his win last spring, but Tony Stewart sped in the pits. It remains to be seen whether Roush's past excellence here will translate in the "Car of Tomorrow," but lacking any other data, that's where I'm placing my fantasy bets this weekend.
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