Wednesday, December 13, 2006

news news news


Dec. 12 (Bloomberg) -- Apple Computer Inc.'s iTunes music store suffered a 65 percent slump in sales during the first six months of the year, reversing almost two years of gains, according to a Forrester Research Inc. report.

Dec. 13 (Bloomberg) -- Retail sales in the U.S. rose more than forecast in November as consumers rushed to take advantage of early holiday discounts, increasing the odds the economy will withstand the slump in housing.

Dec. 13 (Bloomberg) -- Fidelity International's Alexander Scurlock, who will quadruple the assets he manages to 21 billion euros ($28 billion) when he takes over Europe's largest stock mutual fund, plans to bet more money on fewer companies.
The head of the Russian state company building a nuclear plant in Iran urged Tehran on Tuesday to keep up payments to complete construction as scheduled, news reports said (AP)

Meet the world's top destroyer of the environment. It is not the car, or the plane,or even George Bush: it is the cow. A United Nations report has identified the world's rapidly growing herds of cattle as the greatest threat to the climate, forests and wildlife. And they are blamed for a host of other environmental crimes, from acid rain to the introduction of alien species, from producing deserts to creating dead zones in the oceans, from poisoning rivers and drinking water to destroying coral reefs. (The Independent)

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