Wednesday, June 27, 2007

15:26:54

New Savings Magazine Helps DFW Elite Auto Rental.com Spread the ...

As the summer driving season kicks into high gear, so has the effort by DFW Elite Auto Rental.com to spread the word about its innovative Drive Your Dream exotic driving tours. "We know that Dallas/Fort Worth has lots of car enthusiasts who would love to spend a full day at the controls of five exotic sports cars," says Ron Sturgeon, owner of DFW Elite Auto Rental.com and inventor of Drive Your Dream.

"But to do it, they've got to know about it," says Sturgeon. In an effort to get the word out, Sturgeon accepted the invitation to have the 2000 HP Drive Your Dream exotic car tour featured in a new savings magazine launching in the Dallas Fort Worth market called Save On Everything. The 2000HP Tour places car enthusiasts at the controls of the Ferrari 360 F1, BMW M6 Convertible, Aston Martin V8 Vantage, Lamborghini Gallardo, and Corvette Z06.

Tuesday, June 26, 2007

21:54:12

Fasth holds on to BMW International Open lead

Swedish golfer Niclas Fasth holds a share of the lead at eleven under par with Jose-Filipe Lima going into the final round of the BMW International Open in Munich.The pair hold a two-shot lead over British hope Nick Dougherty, with David Frost and Frenchman Thomas Levet also standing on nine under.The world number 28 was rarely able to scale the heights he achieved in his second round 65, but the Ryder Cup star achieved a birdie at the last hole to card a 73.Fasth had set the pace in the initial stages of his third round, leading by three shots after birdying the opening hole, but four bogeys over the next four holes marred his progress.The 25-year-old rejected notions that his mid-round slump may have been contributed to his exertions in last week's US Open in which he finished a creditable fourth."I might well have felt more energetic if I'd had a week off but I've cut back on practice and made a little bit of a compromise this week and I'm still strong," he said.Lima, who has remained in contention for the title since hitting a 65 in the opening round, which would be his first since victory in the 2004 St Omer Open, said that he had "stuck to the same gameplan all week"."If I missed some shots or putts I tried to forget it and get on with it," he told Reuters.

17:13:05

B leg1 - Dramatic day in Ypres

This series just proves to be absolutely mega exciting. Belgian Pieter Tsjoen in his Fiat Abarth Grande Punto has never led the rally all day, but wins the leg! He is chased by 4 Peugeots, but they also were not the story of the day! For the first 4 stages it was a battle between the IRC championship leader Andrea Navarra in his Abarth Punto and Freddy Loix in the new Volkswagen Polo S2000. Both changed the lead every stage. However the last 2 stages in the dark! were full of twists! This is getting even better than the already hot and unpredictable fight in round2 Turkey!

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Monday, June 25, 2007

13:50:40

Szoke Fastest In Parts Canada Superbike Practice Friday At Mont ...

MONT-TREMBLANT, QC 鈥?The new Parts Canada Superbike Championship season started with a familiar name at the top of the timesheets Friday, as defending series champion Jordan Szoke led practice at Le Circuit Mont-Tremblant. The Brantford, Ont. racer rode his Canadian Kawasaki Motors Kawasaki ZX-10R to a time of one minute, 40.409 seconds around the 4.275km (2.65-mile) circuit. Cochrane, Alta.'s Clint McBain was second fastest with a time of 1:41.170 on his Suzuki acceleration Racing Suzuki GSX-R1000 and Steve Crevier of Maple Ridge, B.C. was third on the Team Toyota Yamaha / Fast Company Yamaha YZF-R1 with a lap at 1:41.503. 鈥淚 can't complain. I'm very determined and I'm very eager to defend the number one plate," said Szoke, who won five of seven races last season, including the round at Mont-Tremblant.

Sunday, June 24, 2007

21:12:15

Stanley Miller II

A: Stanley Miller II - Colin: I am not an HDTV expert, but from what audio-visual professionals have told me, 1080p is "true HDTV" because it's a little bit better than 720p and 1080i . The numbers refer to lines of resolution, and the letters refer to whether the picture is "progressive" or "interlaced." As far as I know, TV stations, cable companies and satellite systems still haven't started showing shows in 1080p yet, but Blu-ray and HD-DVD, which are new types of high-definition DVDs introduced to the market this year, can play recordings in 1080p. So it sounds like you have a TV with plenty of life to it, and you'll be able to enjoy the maximum benefits of HDTV as they become available. Yes, I have played the Burning Crusade extensively now -- two level 70s, one geared mostly in epics.

Saturday, June 23, 2007

21:20:12

USA Hockey Partners with FASTHockey to Offer Free, Live Webcast of ...

COLORADO SPRINGS, Colo., and BROOKLINE, Mass., March 19 /PRNewswire/ -- FASTHockey (http://www.fasthockey.com/), the Web's leading resource for amateur hockey and player recruiting, today announced that it has partnered with USA Hockey to offer fans a free, live Webcast of the USA Hockey Tier III Junior A National Championships set for March 26-27 in Walpole, Mass.

FASTHockey and USA Hockey are bringing fans high quality streaming video of the semifinal and championship games. During the games, fans will be able to chat live online with each other at http://fasthockey.com/, where they will be joined by FASTHockey's Director of Development Scott Young, a three-time U.S. Olympian and NHL veteran.

The USA Hockey Tier III Junior A National Championships will pit the top two teams from the Atlantic Junior Hockey League against the top two teams from the Eastern Junior Hockey League in semifinal games on March 26.

Sunday, June 17, 2007

11:52:55

Video games grow up as ownership by adults rises

LOS ANGELES: Video games aren't just for the kids anymore. More than one in three US adults who go online, or 37%, own a video game console and 16% own a portable gaming device, Nielsen//NetRatings said. The majority of those console owners, 71%, are married, and 66% have at least one child in the household. "As game consoles have become increasingly sophisticated, families have incorporated them into their centralised home media centres, which include the television, digital recording device, digital music player and the PC," said Carolyn Creekmore, senior director of media analytics, Nielsen//NetRatings. Microsoft and Sony are positioning their Xbox 360 and PlayStation 3 consoles as entertainment hubs for gaming, music and photo viewing amid a fierce battle for dominance in the $30 billion global video- game market.

10:18:00

There's plenty of safe surfing for the smaller players

WALNUT CREEK, Calif. 聴 There's no denying that penguins 聴 those tuxedoed charmers with the happy feet 聴 are hot these days. But the flippered cinematic stars are just the tip of the iceberg.

While grown-ups fret over MySpace and Facebook, ClubPenguin.com is taking over playgrounds and computer screens in elementary schools around the world.

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Tuesday, June 12, 2007

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China changes rules on market bubble fears

Fears of a bubble in its booming domestic stock market has forced the Chinese government to relax investing rules.

The China Banking Regulatory Commission (CBRC) announced late on Friday that it would let Chinese financial institutions invest in overseas equities for the first time.

The news sent Asian stocks listed in Hong Kong, or "H-shares", soaring to record highs today, with analysts predicting further gains to come.

The Hang Seng China Enterprises Index, which tracks the performance of all the Hong Kong listed H-shares of China enterprises, closed at 10,948.72, up 5.36pc.

Meanwhile, the main Hang Seng Index closed at 20,979.24, a rise of 2.5pc.

Dr Frank Gong, head of China research and strategy, and chief economist at JPMorgan, said: "With excess liquidity on such a massive scale, there is the risk of an asset bubble in China arising eventually, if not now.

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As mortgage lending tightens, people with weak credit get shut out

With a second child on the way, Chris Shields and his wife, Michelle, wanted to move from their two-bedroom apartment in Southern California to a house with more space.

But because their timing coincided with a shakeout in the mortgage market earlier this year, their credit now isn't good enough to get a loan to purchase the house they wanted with no money down.

Rising interest rates and dropping home prices have squeezed a market that had been propped up by risky loans and easy credit during the housing boom. As mortgage bills came due, foreclosures rose, and the easy credit dried up for families like the Shields.

"Now we're stuck in the apartment," said Shields, 31, a firefighter who lives in Manifee. His wife gave birth to baby Gabriella at the end of March, and they are running out of space without options for a house.

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EPIX Pharmaceuticals to Participate in Focus Session at the ...

LEXINGTON, Mass.--(BUSINESS WIRE)--May 11, 2007 - EPIX Pharmaceuticals (Nasdaq: EPIX), announced today that Andrew Uprichard, M.D., president and head of research and development of EPIX, will participate in a focus session entitled "The Future of Obesity: Drugs and Devices on the Horizon" at The Neurotech Industry Investing & Partnering Conference at the Westin San Francisco Airport, Millbrae, California, on Friday, May 18, 2007 at 9:15 a.m. (PDT).

Focus sessions are intended to provide investors, executives and leading researchers the opportunity to discuss the development of new drugs, devices and diagnostics for the brain and nervous system, along with corresponding market opportunities. The session will consist of an interactive panel of companies and industry experts, who will discuss the trends, innovations and research developments related to the focus session topic.

Monday, June 11, 2007

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Covenant Transport Announces First Quarter Financial And Operating ...

CHATTANOOGA, Tenn., April 23 /PRNewswire-FirstCall/-- Covenant Transport, Inc. CVTI announced today financial and operating results for the quarter ended March 31, 2007. Additionally, the Company announced a proposed name change for the Nevada-based holding company from Covenant Transport, Inc. to Covenant Transportation Group, Inc.

Financial and Operating Results .

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ValueVision Media (VVTV) Reports Q4 Earnings, Comments on Outlook

ValueVision Media, Inc. (Nasdaq: VVTV) reports Q4 EPS of $0.08 vs. consensus of $0.11. ValueVision's fourth quarter revenues were a record $216.7 million, an increase of 3.5% over last year. ValueVision's operating results should continue to improve in 2007. With our base business delivering consistent financial results, we are ready to focus on specific initiatives in 2007. We expect the initiatives below to enhance the long term growth prospects for ShopNBC. For fiscal 2007, sales are projected to grow at an above industry-average, high single-digit rate. Profitability is expected to continue to improve. We will also be investing in new web initiatives and marketing programs for customer acquisition and retention. EBITDA is expected to be in excess of $20 million, excluding the impact of stock option expense and equity income from Ralph Lauren Media, LLC (Polo.com).

Sunday, June 10, 2007

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Small cap share tips: SovGem and Choices

The share price discount to assets might reflect investor concerns about the risks of investing in China as well as early stage businesses generally. However, given management's track record of NAV accretion and de Lusignan's palpable enthusiasm for an array of investments within the portfolio, that discount should soon narrow.

Share price - 22.5p
Market cap - 5.1m
Recommendation - Buy

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Time to chuck out Choices

Less than a month after retailer Choices UK boasted ongoing restructuring had boosted interim sales, a worrying update has informed its financial performance for the year to July will be 'substantially below market expectations'.

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Q4 2007 ASAHI KASEI CORP Earnings Presentation Webcast (Ensgish ...

ICHIRO ITOH, DIRECTOR AND VP EXECUTIVE OFFICER, ASAHI KASEI CORPORATION: I am Itoh of Asahi Kasei. Thank you for coming, despite your busy schedules. I will now start my presentation on the business results for fiscal year 2006 and the forecast for fiscal year 2007. On page four you will find the outline of the consolidated business results. I will discuss the figures later, but we were able to achieve record high results for sales, operating profit, ordinary profit and the net profit on a consolidated basis. We also achieved higher results on all of these items compared with our forecast announced at the end of January this year. I am pleased that we were able to meet our short-term commitment. Regarding the figures, as you can see here, sales are at JPY1.623.8 trillion; an increase of JPY125.2b, or 8.4% more than last year.

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Is insurance bought or sold?

A year ago, 1LifeDirect came to the market offering consumers the opportunity to cut out the broker and buy life cover directly. The industry was sceptical because other attempts at this model, such as Old Mutual's Greenline, had not been a success. The argument was that, because it is a grudge purchase, people do not buy life insurance -- one needs an army of brokers to go out and convince people to take out cover. It would appear that 1LifeDirect has proven this argument wrong. The company uses only above-the-line advertising, so customers themselves have decided that they need life insurance before picking up the phone or going online for a quote. In one year, 1LifeDirect's customers have bought life cover worth R15-billion through the telephone and internet. According to Lenerd Louw, CEO of 1Lifedirect, the business is growing rapidly, selling an average of 3 000 policies per month, or more than R2-billion worth of life cover -- a lot of business that is not going to brokers.

Saturday, June 9, 2007

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World leaders backing Turkey's EU ambitions

Turkey's prospects as a site for property investment have been bolstered by a show of support for the country's entry into the European Union by a number of world leaders.The country is looking to gain membership of the trading bloc, with accession potentially yielding a major shot in the arm for the country's economy and its property market.With a number of recent EU entrants, including Romania and Bulgaria, benefiting from stronger trade links and an upturn in tourism, many observers believe Turkey could be the next to capitalise on the expansion of the EU.And with Italian president Giorgio Napolitano among those backing the entry, along with German chancellor Angela Merkel, Turkey is hoping it could soon join the EU after concerted efforts to do so.Speaking during Europe Day celebrations Mr Napolitano said the rejection of Turkey as an EU member on geographical or religious ground was wrong.Meanwhile, the German chancellor was similarly positive on the country's future, calling for a stronger union between the continent and Turkey.Earlier this week a spokesperson from the Turkish Industrial Development Banks (TSKB) described how the country's economy had benefited from foreign investment.Entry to the EU could be the catalyst for further gains, making it an attractive location for property speculators.

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Product Innovation and Customer Targeting in Asset Management, Q1 2007

This tracker covers product launches and service developments as well as marketing and product/service launches aimed at specific customer segments, such as ultra high net worths, NRIs, expats, retirees, entrepreneurs, women, etc.

Scope

Extensive research is conducted on the activities of 50 providers of asset management products, globally The developments are analyzed to identify the key global trends in product development and customer targeting


Highlights
Innovative customer targeting has been the key to most of the product innovation in the first quarter of 2007. Products developed with a specific segment of the target customer base in mind are often the result of an asset manager seeking to complement an existing wide product range, or developed in conjunction with a long term marketing effort.

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India's `Madness' Is Worthy of Attention in Asia: William Pesek

May 10 (Bloomberg) -- A quiet revolution is unfolding in India and it could say much about the future of Asia's fast- growing economies.

In New Delhi, Finance Minister Palaniappan Chidambaram is standing by as the rupee rises. It has gained almost 10 percent versus the U.S. dollar over the last 12 months, and 18 percent against the yen. To say that hasn't gone over well with India's business establishment would be a gross understatement.

Take Munish Saigal, director of foreign exchange at Ranbaxy Laboratories Ltd., India's largest drugmaker. He says the rupee's advance to a nine-year high against the dollar is ``madness'' and won't last.

``The rupee is massively overvalued and there needs to be some sanity to find out what the appropriate level is,'' Saigal told Bloomberg reporter Sam Nagarajan last month.

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It's time to make things happen in capital markets

I can call spirits from the vast deep, said Shakespeare's Owen Glendower. Smart aleck hotspur retorted, "Why, so can I, but will they come when you call for them?" The timeless message was that true clout is an ability to make things happen when needed. I make the case that the regulatory legitimacy of the Foreign Exchange Dealers Association (FEDAI) versus the Fixed Income and Money Market Dealers Association (FIMMDA) may explain the development chasm between wholesale foreign exchange (forex) and fixed income markets. Both institutions are Sec 25 companies, but FEDAI is officially recognised by RBI as a Self-Regulatory Organisation (SRO). FIMMDA has no such official sanction and has not sought it (in fact, it may have shunned it). But it may be time to review the originally sound rationale to model FIMMDA on the UK bond dealers association because of the lack of change and lack of authority to propel change.

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Banks' plan to trade stocks slams TSX

Exchange's shares fall 12 per cent. Alpha platform seeks best available price on any exchange or 'alternative' system

Shares in TSX Group Inc. were hammered yesterday on news that Canada's big banks plan to set up their own electronic trading operation to compete against the Toronto Stock Exchange.

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For Giuliani, 9/11 Turned To Riches

On Dec. 7, 2001, nearly three months after the terrorist attack that had made him a national hero and a little over three weeks before he would leave office, New York Mayor Rudolph W. Giuliani took the first official step toward making himself rich.

The letter he dispatched to the city Conflicts of Interest Board that day asked permission to begin forming a consulting firm with three members of his outgoing administration. The company, said Giuliani, would provide "management consulting service to governments and business" and would seek out partners for a "wide-range of possible business, management and financial services" projects.

Over the next five years, Giuliani Partners earned more than $100 million, according to a knowledgeable source, who spoke on the condition of anonymity because the firm's financial information is private.

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No 鈥楴ational Show Bump鈥?for Cable-Operator Stocks

Cable-operator stocks were down for the most part in the days during The Cable Show '07 in Las Vegas earlier this week, with just two experiencing a rise in their share prices.

Alas, there was no "National Show Bump," or the rise in cable stock prices that frequently happens as operators ride the wave of optimism that usually surrounds the national cable convention. Of the six publicly traded cable operators, only Mediacom Communications and Time Warner showed gains in their stock prices, with Mediacom rising 14 cents per share from May 4-9, the trading period during the show.

Time Warner ended the same period up 41 cents per share, but the rise could have been higher. The stock closed at $21.91 per share May 8 (up 61 cents from May 4), but it fell back to $21.70 May 9 after news of the arrest and subsequent firing of former HBO chairman and CEO Chris Albrecht came out.

Friday, June 8, 2007

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Some Big Names Won Their Bets

Market routs always leave plenty of victims behind. A savvy -- or lucky -- few can come out ahead amid the chaos, though.

Winners from Tuesday's market plunge included one of the more renowned traders in recent Wall Street history: John Meriwether. Mr. Meriwether formerly ran Long Term Capital Management, the hedge fund whose collapse in 1998 nearly triggered a global financial crisis. He now runs a $2.6 billion fund, JWM Partners, which was up after markets closed Tuesday and has generated positive returns for February, according to investors.

The 59-year-old Mr. Meriwether, who was traveling and unavailable for comment, ...

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Wednesday, June 6, 2007

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President Bush Plays With Cars, Has A Really Corny Meeting With US ...

We love it anytime Bush speaks and he's not behind a podium. We just love how he walks struts out all gunslinger-like. Seriously, it just tickles us in all sorts of wonderful ways. Today he's taking the CEO's of the traditional US automakers, and yeah, they showed off their "very relevant" E85-powered vehicles (and in the case of FoMoCo, a hydrogen-powered concept Car-UV that likes to live on the Eh-dge!) Here's the rose garden press conference, in it's entirety -- enjoy the strutting, and "Slick" Rick Wagoner, Alan "New Guy" Mulally and Tom "For Sale" LaSorda showing and telling the Prez all about their not-quite-ready-for-primetime fuel efficient environmentally-efficient corny lineup. Full transcript of all involved after the jump. – Ray Wert

Morning Call [CNBC.com]

> For Immediate Release March 26, 2007 > > > > > REMARKS BY THE PRESIDENT

> AND THE CEOS OF FORD, GENERAL MOTORS AND

> DAIMLERCHRYSLER

> AT DEMONSTRATION OF

> ALTERNATIVE FUEL VEHICLES

> The South Lawn

> 11:11 A.M.

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JewcyWrap UnWraps: Stylish and Funky Gift Wrap For All Jewish ...

Have you ever walked into a store looking for something simple like Hanukkah wrapping paper and couldn't find a thing? Snowflakes and blue circles were not our idea of spectacular wrap. Of course, we could have gone into the drugstore and picked up a few small and overpriced sheets of boring rainbow dreidels. That's when it struck us -- why not design some really cool Jewish themed wrapping paper? Not just for Hanukkah, but for all Jewish occasions. Bris, Bar Mitzvah, Bat Mitzvah and more.

Los Angeles, CA (PRWeb) March 29, 2007 -- Have you ever walked into a store looking for something simple like Hanukkah wrapping paper and couldn't find a thing? Well, that was just the case for Los Angeles residents Daphne and Don Yousem. The 2006 Holiday season was in full swing, all they wanted was to buy some nice Hanukkah wrapping paper.

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Driving expenses up

Even if gasoline prices dropped modestly, motorists still will face higher driving costs this year because of rising insurance, licensing and finance charges, travel organization AAA says in a survey of driving costs published Monday. When all costs are taken into account, including the purchase price of a vehicle, depreciation and routine maintenance, the average cost of driving a car 15,000 miles a year works out to 52.2 cents a mile. It's higher for SUVs and minivans. The good news is that the overall cost is unchanged from last year. .

Tuesday, June 5, 2007

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LETTER: Randy Corbin endorsed for Freeport council

I have known Randy Corbin for many years through our membership in the Freeport Lincoln-Douglas Kiwanis Club, and I encourage all concerned Freeporters to vote for Randy for alderman-at-large.During his year as president of our Kiwanis Club he emphasized membership growth and encouraged each member to sponsor a new member - then showed true leadership skills when he lead by example and personally sponsored a number of new members himself. A few years later he was elected our district's lieutenant governor. Again he was a true leader, visiting all the district clubs multiple times, supporting club presidents and listening to the concerns of all members.In addition to his high-profile Kiwanis leadership positions, Randy Corbin also has served in a number of less visible, unglamorous positions.

Monday, June 4, 2007

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Lawmakers' plan hikes public school funds

SALEM - The Legislature's budget chiefs put out a $14.9 billion spending blueprint Thursday that calls for more public school spending and less money for colleges and universities than Gov. Ted Kulongoski wants.

The leaders of the Joint Ways & Means Committee, Sen. Kurt Schrader, D-Canby, and Rep. Mary Nolan, D-Portland, presented their spending priorities for 2007-09 to a gathering of lawmakers and others in the House chamber.

Both acknowledged that their spending priorities largely comport with the budget recommendations that fellow Democrat Kulongoski rolled out in December. The two blueprints call for the same level of discretionary spending from the income tax-fed general fund and the lottery. And most of the priorities for education, human services and public safety are similar.

Sunday, June 3, 2007

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Cadillac SRX - Easy driving

Cadillac has launched a new off-road vehicle designed to offer high performance matched with comfort and contemporary style.Intended to provide a smooth on and off-road driving experience, the Cadillac SRX is a larger sized family vehicle with room for seven, with a focus on interior comfort as well as ride quality, reports Parker's.Passengers can enjoy spacious leg room, with the car's interior designed to comfortably accommodate a number of passengers. Described as a luxury crossover SUV, Cadillac intends the SRX to appeal primarily to family buyers.Features include an electrically adjustable driver's seat, cruise control, heated seats, electric folding rear seats and electric windows, as well as CD/radio and auto-dimming rear-view mirror.Placed in motor insurance group 20, the CRX offers relatively affordable premiums for UK motorists, potentially cheaper than large people-carriers while able to do a similar job.

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Debunking auto insurance myths

Just as there are many differences between a Toyota and a Lexus, there are many differences between auto insurance policies, although you have to look more closely to spot them. However, choosing a low-cost auto insurance policy may end up costing you thousands of dollars. The familiar pitch, "save hundreds of dollars in 15 minutes," obscures complex coverage issues that may have you paying much more in the end.

Your Liability Exposure

Many auto insurance policies have low liability limits which don't reflect an individual's true worth. In fact, in several states, the recommended limits are as low as $25,000. Because every auto insurance policy is different, it's best to read your policy carefully and make sure you're not part of the up to 50 percent of drivers who are under-insured.

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Adidas_1 DLX Runner updated, less fugly

Adidas has decided to expand its line of "smart" shoes with the Adidas_1 DLX Runners. Even though these shiny new versions might look and perform better than the first iteration, they still won't tear us away from our desks -- of course, exercise isn't exactly our bag (unless you count typing as a work out). Regardless of how horrid they appeared, we must admit that the originals performed as advertised, using an embedded microprocessor, motor, and sensor to automatically adjust cushioning to the ideal level by sensing shifts in pace and movement. The new DLX Runners sport a lighter motor mechanism and customize to each individual's needs more effectively by recognizing running style and remembering personal requirements. Most importantly, they actually look like normal shoes and less like miniature spaceships.

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For the love of the sneakers

You've seen the best players from each conference face off in the All-Star Game. What if you could pit teams from the four major shoe companies against each other?Chances are, it's never going to happen; but that won't stop us from imagining it. Using athletes from the top four basketball shoe manufacturers, asap has created a mock tournament to see which sneaker company would reign on the floor. We broke them into two divisions -- Old School and New School -- and are running the tournament as if all players are healthy.Here's what we came up with: OLD SCHOOL FINALS: ADIDAS VS. CONVERSE.ADIDAS -- G Gilbert Arenas, G Tracy McGrady, F Tim Duncan, F Kevin Garnett, C Dwight Howard. (Reserves: Chauncey Billups, Adam Morrison, Andres Nocioni, Peja Stojakovic, Grant Hill, Mike Miller, Jordan Farmar.) CONVERSE -- G Dwyane Wade, G Kirk Hinrich, F Udonis Haslem, F Kyle Korver, C Mike Sweetney.

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City Services Director Resigns

Developers may soon see an increased cost to develop in Gravette because of the resignation of the city services director.Rodger Terrell submitted his resignation to Mayor Bill Howard more than two weeks ago. The resignation is effective April 6.Terrell said he reviews water, sewer, landscaping, sidewalks and most other items on large-scale development plans. The city contracts with CEI Engineering Associates for reviews of storm drainage and streets. The developer pays charges exceeding $200, Terrell said, adding the city has saved developers and builders a minimum of $10,000 in outside engineering review fees in the last two years by providing in-house reviewsTerrell was hired in May 2005 by former Mayor Jonathon Long. Howard was elected in November. He also served as mayor of Gravette from 1995 to 1998.Howard said Wednesday that Terrell's resignation could result in problems for the city, because, "I haven't really been here long enough to know what's going on," Howard said.The City Council met Wednesday in a special meeting to discuss what to do, but it is unclear whether Howard and the council knows how the other feels about Terrell or what should be done about his resignation.

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Millions in debt is wiped out for Lotus

Malaysian car company Proton last night completed a financial restructuring of Group Lotus, wiping out debts of more than £60m.The move is designed to strengthen the finances of the Norfolk based sports car manufacturer, which has just embarked on a new five year turnaround plan.The plan, which is being overseen by chief executive Mike Kimberley, includes the launch of three new models and an expansion of its engineering division.Earlier this year Group Lotus reported pre-tax losses of £17.7m for the year to the end of March 2006, up from £6.7m in 2005.The losses grew despite the company selling a record number of cars, as the rising dollar squeezed margins on cars exported to the United States.Lotus was left with £18m worth of unsold cars after a slowdown in sales in the US, forcing the company to cut production with the loss of 200 jobs at Hethel.At the same time the company's engineering division saw turnover drop sharply following the loss of a major contract.Proton, which acquired the Norfolk car maker a decade ago, had already provided the company with a £48.8m loan to cover debts run up with external lenders.This loan is now being turned into equity in Group Lotus, effectively writing it off.

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INTRODUCING HOT NEW TTR FEATURES: MYSPACE, MEDIA FRIENDS, BRAND ...

(openPR) - Innsbruck, Austria. On the quest to progress, Ticket To Ride (TTR) World Snowboard Tour launches brand spanking new features on the official website www.ttrworldtour.com, including TTR Brand Partner Ranking & Media 'Friends' sections and TTR's very own myspace community. Sure to shake the industry is a team manager's dream �?the Men & Women TTR Brand Partner Top 5. Composed of official Platinum and Gold TTR Brand Partners, the ranking is based on the total sum of the brand's best three riders and their current ranking points on the TTR Ranking List. Check out how well the top team riders from Burton, O'Neill, DC Shoe Co USA, Rossignol, Voelkl and Quiksilver do by clicking into 'PARTNERS' on www.ttrworldtour.com. The TTR Brand Partner Top 5 joins the original TTR Top 5 Ranking List presented by Swatch.

Saturday, June 2, 2007

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A glance in the rear-view mirror

The auto business is constantly replacing perfectly functional cars and trucks with new models that are often only slightly better than those they replaced. I observe this with no cynicism because the public remains intoxicated by that new car smell, and there's normally a lively market for the trade-ins.

A couple of more interesting stories popped up in late 2006 and early this year: Chevrolet replaced the second biggest-selling vehicle in America, the Silverado pickup, and once-timid Toyota unleashed a Tundra pickup with a presence that matches that first "Peterbilt" Dodge Ram in 1994.

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TV movies for the Week of March 4

Above Suspicion '00. Scott Bakula. A woman comes to suspect that her husband is actually a killer on the run from justice. (R) (2:00) LIFE: Sun. 1 P.M. (CC)

Abraham Lincoln '30. Walter Huston. A poor boy from Illinois rises to lead the nation through its darkest moments of division. (NR) (1:45) TCM: Thu. 6:15 A.M.

Absolon '03. Christopher Lambert. In 2007 a detective investigates the murder of a scientist who found the cure for a deadly virus. (R) (2:00) SCI-FI: Tue. 3 A.M.

Aces: Iron Eagle III '92. Louis Gossett Jr. Four ex-fighter pilots fly refurbished World War II planes against a drug lord in the jungles of South America. (R) (1:45) MAX: Sat. 4 A.M. (CC)

The Adventures of Rocky and Bullwinkle '00. Voices of Rene Russo. Live action/animated. A flying squirrel and a moose confront their adversaries Boris and Natasha.

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Sudan crisis in cartoons

An immigrant from Sudan, the 32-year-old Khalifa spends most nights steering his yellow taxi through the streets of Houston, just trying to get enough fares to pay his bills.

But one recent morning, still tired from an all-night shift, Khalifa chronicled his journey from his native land, to Egypt, and finally to Texas, and his transition from dabbler in watercolours to political cartoonist who depicted the sufferings of the Sudanese.

His artistic awakening forced him to flee his country and today still compels him to document the plight of others driven from their homelands.

Khalifa's cartoons, which he keeps in a dog-eared folder, illustrate the frustrations and heartaches of the refugee process - endless bureaucratic tangles, the sense of being forgotten, the dwindling dream of finding a safe haven.

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Tigers labelled head-hunters

MELBOURNE co-captain Cameron Smith last night accused Wests Tigers players of employing illegal tactics to stop star Storm five-eighth Greg Inglis.

Inglis, playing his first premiership game in the No. 6 jersey, was hit high several times in a fiery opening half of the Storm's 18-16 win at Olympic Park.

Asked whether he thought it was a deliberate ploy to put Inglis off his game, Smith said: "Definitely. Greggy, he's a danger to them when he's got the ball, and he's got a new position, so I guess they wanted to test him out a bit, see how he went.

"Every team's going to (test him out). We were trying to get the boys at Benji (Marshall) all night. It's hard. You can't hide the bloke. Every team's going to do it. He just might have to learn to duck."

Smith said the Tigers had targeted Inglis from kick-off.

Friday, June 1, 2007

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Allstate must reinstate as many as 4772 policies in the New ...

NEW YORK: Allstate, the second- largest U.S. home and auto insurer, must reinstate as many as 4,772 policies in the New Orleans hurricane area after an investigation by Louisiana's insurance regulator found that some coverage was canceled improperly.

Allstate told Insurance Commissioner Jim Donelon it had dropped the policies because they covered homes found to be abandoned, Donelon said Tuesday at a news conference broadcast on his Web site.

In examining a sampling of addresses, he found that some homes were being repaired instead.

"At best, it was a very ill-conceived and spottily implemented inspection program," Donelon said. "At worst, they wanted off of the coverage."

Allstate said it had inspected each property and given customers a chance to prove they were repairing their homes before dropping the policies.

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Senior briefs: full county

The Camarillo Council on Aging, a voluntary charitable organization started by the city of Camarillo, is seeking volunteers.

The agency strives to identify and support the needs of senior citizens in Camarillo and the vicinity, advise local government and other bodies on matters of particular concern to senior citizens and encourage seniors to participate in community life.

The council meets at 9:30 a.m. the second Tuesday of each month at the Senior Center, 1605 Burnley St.

It is led by a five-member executive board, which establishes committees to address specific needs. Attendance at all council meetings is expected of the committee members.

Volunteers are needed for a nutrition and recreation committee, as a well as a fundraising committee charged with organizing and supervising projects established by the council.