World to Iran: We don’t need your oil after all
Sep 29, 2009 Object
Time was, all it took to get oil prices jumping was someone passing gas too loudly near a Nigerian refinery. Now Iran is test-firing missiles capable of hitting targets throughout the Middle East, and the oil market couldn’t care less.
It seems there’s nothing like an oil glut to keep traders from piling on — even as a geopolitical crisis with Iran, the world’s fourth-biggest oil producer, looms.
Continue reading World to Iran: We don’t need your oil after all
World to Iran: We don’t need your oil after all originally appeared on DailyFinance on Tue, 29 Sep 2009 15:20:00 EST. Please see our terms for use of feeds.
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World to Iran: We don’t need your oil after all
Tags: a-friend-via, energy, entry, from-piling, keep-traders, oil, oil-after, passing-gas
Eat, drink, and spend money: Restaurants ply diners with cheap booze
Sep 29, 2009 Object
Filed under: Economy
Facing its steepest revenue decline in 28 years, the restaurant industry has decided to appeal to its customers’ baser instincts. Offering more and cheaper drink specials, extended happy hours, and all-you-can-drink promotions, eateries from Chili’s to Morton’s are moving to pull in customers with deals that often seem too good to be true.
Conventional wisdom holds that sin stocks — alcohol, tobacco, and gambling — are recession-proof: that financial downturns lead consumers to drown their woes in a cocktail of stimulants, depressants, and other distractions. The truth is far more complex: sin stocks are resistant to economic downturns, but not immune. Consumers may drink more in hard times — but they try to drink on the cheap.
Continue reading Eat, drink, and spend money: Restaurants ply diners with cheap booze
Eat, drink, and spend money: Restaurants ply diners with cheap booze originally appeared on DailyFinance on Tue, 29 Sep 2009 15:00:00 EST. Please see our terms for use of feeds.
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Eat, drink, and spend money: Restaurants ply diners with cheap booze
Tags: a-friend-via, customers-with, downturns-lead, entry, happyhour, keep-traders, passing-gas, ply-diners, restaurants, revenue-decline
Dan Rather loses $70 million case against CBS
For more than two years, Dan Rather has been seeking vengeance, vindication and $70 million from his former employer, CBS. He’s not getting any of it.
The appellate division of the New York Supreme Court has dismissed Rather’s lawsuit, throwing out his relatively straightforward breach-of-contract claim along with the more ambitious allegations of fraud and tortious interference. “[W]e find the complaint must be dismissed in its entirety,” the appellate panel wrote in its decision, released Tuesday.
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Dan Rather loses $70 million case against CBS originally appeared on DailyFinance on Tue, 29 Sep 2009 14:40:00 EST. Please see our terms for use of feeds.
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Dan Rather loses $70 million case against CBS
Tags: complaint-must, customers-with, dan rather, downturns-lead, entry, former, georgebush, happyhour, infocus, news, passing-gas, people, rather-
