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Saudis: Oil supply sufficient
Detroit Free Press
Today 12:02 AM

Without Yahoo, Microsoft Has Little for Advertisers
Wall Street Journal
Today 11:47 PM

Winemaking patriarch Robert Mondavi dies at 94
Sacramento Bee
Today 12:01 AM

American Axle and UAW reach tentative agreement
Reuters
Today 11:15 PM

US Plans Steps to Ease Congestion at Airports
New York Times
Today 8:04 PM

Possible supply relief doesn't deter oil prices
Houston Chronicle
Today 10:38 PM

Appliances A Washout At GE
Forbes
Today 3:26 PM

Fed Asks to Now Pay Interest on Reserves
Wall Street Journal
Today 11:47 PM

PRESS DIGEST - Washington Post Business - May 17
Reuters
Today 9:32 PM

Yahoo, fighting Icahn bid, forms ad partnership with WPP
Los Angeles Times
Today 12:00 AM

Paulson Says Economy Is Starting to Rebound
New York Times
Today 7:35 PM

Fannie, Freddie Called Weak in Capital Base
Wall Street Journal
Today 9:01 PM

Home building up in April
Chicago Tribune
Today 12:00 AM

Texas: Seafood Recall Is Ordered
New York Times
Today 8:30 PM

Stocks seek to push higher, along with oil surge
MarketWatch
Today 9:02 PM

Ahead of the Bell: Analyst downgrades CNet
Houston Chronicle
Today 5:02 AM

Fannie Mae relaxes loan down-payment requirements
Reuters
Today 6:04 PM

Macy's set to build on basics
Bizjournals.com
Today 1:09 PM

US Reps Markey, Barton Question Charter About Web Tracking
CNNMoney.com
Today 2:23 PM

US Airways pilots union disapproves of possible United combo
BusinessWeek
Today 10:32 PM
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Monday, May 05, 2008
The Weekend Edition:

World's Most Expensive Home

A 27 storey skyscraper being built in Mumbai by Mukesh Ambani, the richest person in India, could be the world's largest and costliest home with a price tag nearing two billion dollar, according to Forbes magazine. When the Ambani residence is finished in January, completing a four year process, it will be 550 feet high with 4,000,000 square feet of interior space. Mukesh Ambani was ranked as the fifth richest person in the world with a net worth of 43 billion dollars. Ambani heads India's most valuable firm Reliance Industries, an oil and petrochemicals giant.

Friday, April 25, 2008
Dussault Inc. To Be Featured By Gene Simmons & Criss Angel

It's been approximately three months since we first profiled Dussault Inc. (DUSS). During that time the company has been relatively quiet on all fronts but now it looks like things are heating up. On Monday DUSS announced that the Dussault Apparel line is now available in 10 new locations in Canada and the US (press release). In the US, the company's clothing line is now available at Balys in Los Angeles, CA, and at New York Moon, Grand Junction, Colorado. In Canada, the lines are now available in Vancouver, BC, at two Mens Club stores, (Metrotown and Park Royal Shopping Centres), at Club Annex, and at three Below The Belt locations (Robson Street, Richmond and Metrotown); in Nanaimo, BC, in Styles Clothing; and in Edmonton, Alberta, at Queue and Sofa.

Monday, April 21, 2008
The Chinese Way Of Doing Business

If you wander into any of China's five floored bookstores, the first thing you'll notice right when you enter the store won't be the newest hardcovered fictions. It'll be management books written by successful American businessmen. On shelf after shelf, you could see copies of Jim Collins's "Good to Great," Jack Welch's "Straight From the Gut," Tom Peters's "Re-Imagine!" and just about everything the late Peter Drucker ever wrote. One section you won't find in Chinese bookstores is a section for management or human resources. There's a good reason for this. In the West (not to mention Japan and South Korea) management skills are a given. Graduate schools of management churn out M.B.A.'s, while instilling the basic processes and systems that virtually all multinational companies rely on. People who rise to the top of companies are the ones who have mastered the art of management. But there are also many first-rate managers who populate the middle ranks of companies. They are the lifeblood of most big companies.

Monday, April 14, 2008
The Weekend Edition:

America's Youth Financially Illiterate

High school seniors, on average, answered correctly only 48.3% of questions about personal finance and economics, according to a nationwide survey released Wednesday by the Federal Reserve. That was even lower than the 52.4% in the previous survey in 2006 and marked the worst score out of the six surveys conducted so far. College students' financial literacy also was tested this year. They answered 62% of the questions correctly. Fed Chairman Ben Bernanke stressed in a speech that young people must sharpen their financial knowledge so they are in a better position to make sound investment decisions throughout their lives.

Monday, April 07, 2008
The Weekend Edition:

Convicts Released Without Serving Time

Lawmakers from California to Kentucky are trying to save money with a drastic and potentially dangerous budget-cutting proposal: releasing tens of thousands of convicts from prison, including drug addicts, thieves and even violent criminals. Officials acknowledge that the idea carries risks, but they say they have no choice because of huge budget gaps brought on by the slumping economy. At least eight states are considering freeing inmates or sending some convicts to rehabilitation programs instead of prison. If adopted, the early release programs could save an estimated $450 million in California and Kentucky alone. A Rhode Island proposal would allow inmates to deduct up to 12 days from their sentence for every month they follow rules and work in prison. Even some violent offenders would be eligible but not those serving life sentences.

Monday, March 31, 2008
The Weekend Edition:

Recession Proof Careers

Talk of a recession and creeping unemployment rates are enough to make you wonder: Where can you find stability in unstable times? No matter what field you work in, you have the possibility of losing your job. But there are things you can do to protect yourself and increase your odds of getting another job, just in case. Kiplinger magazine consulted career experts and combed through job trend data to come up with five industries that should provide safer havens to workers, no matter what the economy is doing.

Monday, March 24, 2008
The Weekend Edition:

Great Depression or Recession

Dysfunctional capital markets, frantic central banks, stressed out consumers, fear and uncertainty. All these are alarming echoes of the global economic cataclysm of the 1930s. Which raises the inevitable question: Could another Great Depression be lurking over the horizon?

Monday, February 25, 2008
The Weekend Edition:

Why Americans Are Going Broke

Times are bleak for the U.S. consumer. The average household owes 20% more than it makes each year. The personal savings rate is in negative territory. Record numbers of Americans are losing their homes to foreclosure, and millions more are struggling to keep up with their monthly bills and obligations. And the nation's economy isn't in much better shape. The government's new stimulus plan will give Americans some cold hard cash and they are counting on recipients not to save it or put it toward debt. The goal is to have Americans do what we've done best over the past 30 years: spend it. Newsweek's Jennifer Barrett spoke with author Stuart Vyse about the wisdom of such a stimulus plan and why it's getting harder for so many Americans to stay afloat.

Wednesday, January 30, 2008
Dussault Inc.: The Next Great Apparel Company

One of the long standing lessons of investing is that history always repeats itself. Being able to identify the second coming of a successful company makes the difference between sub par returns and what we call home run portfolio makers. However, the problem with this theme is that most ideas turn out to be pretenders that are NOT able to substantiate their claims.

Monday, January 21, 2008
The Weekend Edition:

Wealthy Home Owners Prepare For Trouble

Far from the housing crisis' epicenter, high earners with good credit may be heading for trouble as their adjustable rate mortgages (ARMs) adjust beyond their means, local real estate agents and others say. In a normal housing market they'd be able to sell, but now they are stuck. The next wave of problems will come from prime borrowers who bought too much house or borrowed too much against it. A "prime" borrower is one with good credit.

Monday, January 14, 2008
The Weekend Edition:

Marrying For Money

With the wealth boom creating unprecedented riches and greater opportunities for gold-digging by both genders, price tag partnerships and checkbook breakups are increasingly making headlines. Even more surprising, according to a new survey, are the going rates for today's mercenary unions. Yet even among the workaday (or wannabe) wealthy, marrying for money has become a popular pursuit. In an infamous personal ad posted on Craigslist this summer, a twentysomething New Yorker who described herself as "spectacularly beautiful" wrote that she was looking for a man who made at least $500,000 a year. Here's her ad. According to a survey by Prince & Associates, the average "price" that men and women demand to marry for money these days is $1.5 million. The survey polled 1,134 people nationwide with incomes ranging between $30,000 to $60,000 (squarely in the median range for nationwide incomes). The survey asked: "How willing are you to marry an average looking person that you liked, if they had money?"

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Date Price
CORUS Bankshares, Inc.
CORS: Undervalued
5/16/2008 $5.36
Thomas Weisel Partners Group, Inc.