| Google ready to tackle mobile sector
Eric Schmidt, chief executive, also last week said that the company would “probably" bid for spectrum in an important wireless auction to be held in the US in January, and the company recently launched a trial mobile advertising service. All of these pieces add up to an attempt to breathe new life into the mobile internet business. “I'd say the fundamental issue is we don't have enough innovation in the US market in particular in mobile," said Sergey Brin, co-founder. “It is really important to Google that there be lots of choices of devices, and networks be open," added Mr Schmidt. Comments like these have sent a chill through the US mobile industry. Google was the elephant in the room at the industry's annual conference, which took place last week in San Francisco – the internet group may not have been represented there, but it was never far from the minds of the 15,000 industry attendees.
Henry Waxman Should Suspend Vendetta Against Blackwater
Washington, D.C. — Rep. Henry Waxman, chairman of the House Committee on Oversight and Government Reform, purports to be concerned about "transparency" and "accountability" in government contracting. It sounds great — but from all indications, this is just a public relations gimmick to justify going after American companies in the midst of a war. This week the liberal California congressman took Blackwater USA CEO Erik Prince to task over how the North Carolina-based company has carried out its state department contracts in Iraq. The day after Mr. Prince testified, one of his civilian-piloted helicopters skillfully landed in a Baghdad street to med-evac Poland's Ambassador to Iraq, Edward Pietrzyk, after he was wounded by the blast of a roadside bomb. This life-saving feat of airmanship earned no accolades from Mr.
Cleveland splits with McMinn County
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Extra! UIdaho Student Found Shot to Death
With my new Mac Book, I have after-hours and weekend access to my Spokesman-Review e-mail. In other words, you can get a message to me that way, if you see something on the blog that seems over the top. Or if you have a question. I check my e-mail a coupla times a day or night when I'm home. I've set out several things below to get you started this weekend, including a comment by Councilwoman Deanna Goodlander re: the LCDC. I can't imagine anything that's left to say on the subject. But I've been wrong before. It has a tinfoil feeling to it. Anyway, I hope you have a good weekend and get rested up for another fun-filled Huckleberries Online week, beginning Monday. Now, for your Saturday Wild Card ... .
Oil follows stocks higher on Fed cut
Oil futures followed stocks higher Wednesday after the Federal Reserve cut a key interest rate, raising hopes that rate cuts and congressional stimulus efforts will stave off a serious economic slowdown. Crude prices initially wavered when the Fed announced its half percentage point cut; many energy investors were hoping for more. But energy traders were also keeping an eye on the stock market and the dollar. When stocks rose, and the dollar fell, buyers jumped into the oil market. "Oil went up when the equity market rallied off the news," said Jim Ritterbusch, president of Ritterbusch and Associates in Galena, Ill. Energy investors often view stocks as a proxy for economic growth. Also, crude futures offer a hedge against a falling dollar, and oil futures bought and sold in dollars are more attractive to foreign investors when the greenback is falling.
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