Reuters Business News: Rate cuts seen as U.S. economy weakens: study - MSN Money
The forecasting unit’s latest report projected quarterly real gross domestic product growth no higher than 2.7 percent next year reflecting the weak housing market. The weakness also is reflected in a forecast of nonfarm job growth slowing to a rate of 0.3 percent in the second quarter of next year from 1.5 percent currently and unemployment rising to a high of 5.2 percent in the 2007 fourth quarter from 4.6 percent in the current quarter.

December 7, 2006 @ 9:59 AM · Filed under Uncategorized
Permalink        No Comments

Reuters Business News: Rank to sell Hard Rock to Native American tribe - MSN Money
Rank said the disposal of the restaurant chain turned it into a pure gaming group and that following the sale it intended to return 350 million pounds ($688 million) to shareholders by way of a special dividend equivalent to 65 pence a share. “Our strong portfolio of gaming assets will enable us to take advantage of the long-term growth in the gaming market ” said Chief Executive Ian Burke.

December 7, 2006 @ 9:59 AM · Filed under Uncategorized
Permalink        No Comments

How and why Microsoft is breathing new life into MSN (Addict 3D)
Until recently, when Microsoft execs have touted online services as key to the future of Microsoft, they’ve almost always meant Microsoft’s “Live” services.

December 7, 2006 @ 9:59 AM · Filed under Uncategorized
Permalink        No Comments