- Stocks trade near their daily low on the fears that the world is coming apart at the seams. Stocks are down sharply at midday as economic worries and speculation over the fate of U.S. automakers keeps buyers on the sidelines.
- I know I'm becoming such an iPhone fanboy. Sorry. It's like a virus that's overwhelming my system. With that in mind, check out this funny, "iStone vs. iPhone."
- Consumer prices dropped at the fastest rate on record. CPI down 1%. Analysts said earlier concern about inflation risks may soon be replaced by worry about deflation, which also has a corrosive effect on the economy's performance. Maybe that's due to all those FREE apps in iPhone app store.
- President Elect Barack Obama selects Tom Daschle as health secretary. Does it seem strange to you that the guy who promoted change during the election campaign is recycling the same-old politicians?
- Yeah, we want folks with experience next to President No Experience. I get that and think it's probably a good idea. So bring in Daschle, Summers, Rubin, et al. We need folks who have been there. I'm not so sure of Hillary dealing with foreign policy issues, though.
- Kind of an interesting read about Netflix, Microsoft, and Sony. Sony has made some of their movie content available to Netflix, for the instant-watching devices. Well, except Sony wants to exclude the Microsoft XBOX 360. Because Sony has the PS3.
- Speaking of, Microsoft's Chief Executive Steve Ballmer on Wednesday ruled out an acquisition of Yahoo Inc (YHOO.O) but said his company was very interested in resuming talks on a Web search partnership.
- Hey, Jason was in a bicycling accident. Stop by and wish him well! He's one of our favorite financial bloggers!
