Can things get any worse?

Bernacke is worried about inflation. Home Prices weaken. Oil prices keep rising . And today
the stockmarket is down. Delta is putting its stock for sale again on the New York Exchange.
Scandinavian countries are becoming tops at technology innovation, while U.S. falls behind.
Iran keeps flexing its muscle.

Excerpt From Bloomberg.com

March 23 (Bloomberg) -- TD Banknorth Inc., the U.S. consumer-banking unit of Toronto-Dominion Bank, plans to cut 400 jobs and close as many as 24 branches in New Jersey, New York and other states after profit declined in five of the last seven quarters.

Google News Headlines

CNNMoney.comYouTube gets a rivalComputerworld - 2 hours agoMarch 22, 2007 (Computerworld) -- In a frontal assault on rival Google Inc. and its wildly popular online video division, YouTube Inc.
SabahOracle files lawsuit against rival SAPSan Jose Mercury News - 46 minutes agoBy Ryan Blitstein. Redwood City software maker Oracle filed a lawsuit today against arch-rival SAP, alleging "corporate theft on a grand scale" by the German software company.European UnionMinisters approve 'Open Skies' pactMoneyweb - 1 hour agoEU transport ministers backed a landmark accord on trans-Atlantic air travel that will widen opportunities for both European and US carriers, notably at London's Heathrow.

Euro falls in relation to dollar

The Euro falls slighty against the dollar. Interest rates in Euroope have been rising, while in
U.S. they have stayed the same. According to the Houston Chronicle.

Boyscout found in N.C. Mountains.

Boy Scout found in the mountains, so there was no childhood molesters or kidnappers involved.
Great Britain's inflation raises a modest 2.8% for last 12 months. Barclay Bank stocks and
ABN Amro stocks are on the rise. It's a sad week for animal lovers, what's worse - the petfood
companies knew about contamination last month.

Bank Merger between 2 European Banks

British Bank and ABN Amro ( A Dutch Bank) will be soon one of the 5 largest banks in the world.
First Airbus A380 s land in U.S. on in New York and one in L.A. Airbus hopes to get some
U.S. customers.

Walmart gives up on idea of takeover of banking

Usually it's goals are accomplished. However, Congress made such an uproar, that Microsoft abandons it's delusions of grandeur. Get ready to see the two giants, Microsoft and Cisco fighting in a ring near you.

Walmart has its eyes on banks

Congressmen are fearful that Walmart is trying to get into the Banking Business in a big way.
Bernake warns against the mixing of commerce with banking - thinks we should keep them
separate.

Halliburton moves corporate office out of country

Halliburton moves corporate office from Houston to Dubau

North state's Emmerson on Forbes list of billionaires
Jackie Farwell, Associated PressFriday, March 9, 2007
The richest of the rich
The ranking of the world's richest people as estimated by Forbes magazine includes wealth in billions of dollars and source of the money. The research for the rankings began in early 2006 and ended Feb. 9, 2007.
1. William Gates III, Washington, 51, $56, Microsoft
2. Warren Buffett, Nebraska, 76, $52, Berkshire Hathaway
3. Carlos Slim Helu, Mexico, 67, $49, telecom
4. Ingvar Kamprad and family, Sweden, 80, $33, Ikea
5. Lakshmi Mittal, India, 56, $32, steel
6. Sheldon Adelson, Nevada, 73, $26.5, casinos, hotels
7. Bernard Arnault, France, 58, $26, LVMH
8. Amancio Ortega, Spain, 71, $24, Zara
9. Li Ka-shing, Hong Kong, 78, $23, diversified
10. David Thomson and family, Canada, 49, $22, inheritance
11. Lawrence Ellison, California, 62, $21.5, Oracle
12. Liliane Bettencourt, France, 84, $20.7, L'Oreal
13. Prince Alwaleed Bin Talal Alsaud, Saudi Arabia, 50, $20.3, investments
14. Mukesh Ambani, India, 49, $20.1, petrochemicals
15. Karl Albrecht, Germany, 87, $20, Aldi
16. Roman Abramovich, Russia, 40, $18.7, oil
17. Stefan Persson, Sweden, 59, $18.4, Hennes & Mauritz
18. Anil Ambani, India, 47, $18.2, diversified
19. Paul Allen, Washington, 54, $18, Microsoft, investments
20. Theo Albrecht, Germany, 84, $17.5, Aldi, Trader Joe's
21. Azim Premji, India, 61, $17.1, software
22. Lee Shau Kee, Hong Kong, 79, $17, real estate
23. Jim Walton, Arkansas, 59, $16.8, Wal-Mart
24. Christy Walton and family, Wyoming, 52, $16.7, Wal-Mart inheritance
24. S. Robson Walton, Arkansas, 63, $16.7, Wal-Mart
26. Sergey Brin, California, 33, $16.6, Google
26. Larry Page, California, 34, $16.6, Google
26. Alice Walton, Texas, 57, $16.6, Wal-Mart
29. Helen Walton, Arkansas, 87, $16.4, Wal-Mart
30. Michael Dell, Texas, 42, $15.8, Dell
31. Steven Ballmer, Washington, 51, $15, Microsoft
31. Kirk Kerkorian, California, 89, $15, investments, casinos
31. Raymond, Thomas and Walter Kwok, Hong Kong, ages unknown, $15, real estate
34. Francois Pinault, France, 70, $14.5, retail
132. Steven Jobs, California, 52, $5.7, Apple Computer, Pixar
243. George Lucas, California, 62, $3.6, Star Wars
287. Steven Spielberg, California, 60, $3, movies
314. Donald Trump, New York, 60, $2.9, real estate
618. Archie Aldis (Red) Emmerson, California, 77, $1.6, timberland, lumber mills
664. Oprah Winfrey, Illinois, 53, $1.5, television
891. Joanne (J.K.) Rowling, Britain, 41, $1, Harry Potter

NEW YORK -- What could a Chinese dumpling maker and Mexican telecom mogul possibly have in common? They're among a record number of wealthy people who held the title of billionaire over the past year.
The tally of billionaires around the globe reached a high of 946, their combined wealth growing 35 percent to $3.5 trillion, according to Forbes magazine's 2007 rankings of the world's richest people. The north state's Archie Aldis "Red" Emmerson, 77, of Sierra Pacific Industries ranked 618th, with an estimated fortune of $1.6 billion, according to Forbes. Last year, he ranked higher on the list -- 512th -- with less wealth -- $1.5 billion.
The rich cashed in on strong equity markets, real estate and commodity prices worldwide, according to Forbes billionaires co-editor Luisa Kroll.

Bill Gates thinks our education system is lagging behind in science and math and fears , we will loose our competitive edge in technology.

Yen Carry Trade

According to Cnn, Some people on Wall Street are worried about what they call the Yen Carry
Trade. They have been borrowing money in yen because of low interest rate and investing in
stocks and other investments . Big companies have caused the Yen to rise in value against the
dollar. Some fear a meltdown on Wall Street.

Who will be Warren Buffett's Apprentice?

Stocks are falling, mortgage rates are falling, oil by the barrel is falling. Yet I paid a dime more a
gallon this afternoon, than I would have the day before.

Warren Buffett is looking for someone to fill his shoes.

Who will be Warren Buffett's Apprentice?

Stocks are falling, mortgage rates are falling, oil by the barrel is falling. Yet I paid a dime more a
gallon this afternoon, than I would have the day before.

Warren Buffett is looking for someone to fill his shoes.