Mattel apologizes to China over recalls

Why are they apologizing to China and not the american people???

This company is a total disappointment to me...I have no trust in a company that does no quality control, pays off people to keep quiet when the toys hurt their children and put profits over their customers.

Have fun with this public relations debacle...

And I'm still not letting china off the hook...they know these are children's toys and there is still lead in the paint!!!!

Any is too much!

Market soars as Fed cuts interest rate

when the Fed has to cut this drastically...they are compensating for some bad decisions over the past year...

Not that I mind...I need to refinance!

Microsoft suffers decisive EU antitrust defeat

I'm not a big fan of Microsoft...but this sounds like protectionism to me.

If Microsoft was a European company this wouldn't be an issue...

might as well compare the EU to Chavez in Venezuela who is "Nationalizing" foreign owned oil companies...

Northwest Passage Opens Up

Great news for shipping...bad news for the environment...

Conservative estimates had the nortwest passage opening up due to ice melt anywhere from 2012 to 2080...

No wonder Russia has been getting gung-ho about claiming territory in the arctic circle!!!

U.S. Jobs Fall for First Time in Four Years

Why is this data a surprise to anyone in the government...it's like looking at your clock at 11:00 at night and being surprised it's dark out!

I could have just added the last 10 companies that announced job cuts just in the mortgage industry and could have come up with 100k losses...and that doesn't include construction, real estate, home improvement etc.

Besides that the unemployment percentage is a farce...the only reason that the percentage stays the same is because when people "Stop" looking they are no longer included in the job.

I'd be interested to see a monthly comparison that includes unemployed people under the standard definition along with people that are on welfare...

New mortgage foreclosures set record

According to the Feds...there is no big problem with the sub-prime fallout...

tell all those people losing their houses...

Another China Recall planned by Mattel

I'm all for hammering the Chinese about product recalls...they seem to have found a way to export their contaminated waste materials....by shipping them to the US...

But Mattel should have been sampling the products for quality...as well as every retailer that sold them.

I have no doubt that Mattel overlooked the issue in light of profits and should be ashamed of themselves.

If my daughter had any of these toys and had lead poisoning...I would sue everyone involved in the supply chain...the manufacturer, the wholesaler, the retailer, the shipper and even customs because the product didn't match the shipping notices.

People are horrible and putting our children at risk is one of the worst offenses of all.

BOYCOTT CHINA and now MATTEL as well!!!

Subprime inflicts new damage in U.S. and Europe

It looks like another down day on the market

6th mine borehole offers last hope

I still can't imagine what these families are going through.

I'm not sure where I stand on the situation...do you risk more lives to find the remains of miners? or do you continue in the hope that they are alive? Do the families have a right to know what happened? I find it interesting that the mine owner has made an about face in his approach to the rescue/recovery...is he hiding anything or truly distraught?

There has to be a better way to do things than the way they do...

Foreign airlines fined $300 million

Wow...Huge fines and these don't include ones levied by the UK either.

But, if people don't think this goes on all the time, they have their head in the sand...

Capital One slashes jobs, mortgage industry swoons

Not that I ever want to see people lose their jobs...but I sure hope they laid off the person responsible for filling my mailbox with spam.

Cramer's picks haven't beaten the market--Barron's

He's fun to watch...not too good to listen to though...

Fed's Poole says no need for emergency rate cut

This doesn't rule out a rate cut in mid-September...

So if you need a refinance and can wait a few weeks...you may want to sit tight.

I think we will see at minimum a 1/4 point drop in rates, maybe more.

Home Depot profit slumps on housing weakness

Did Home Depot sales and profit slump on a weak housing market or because of horrible customer service and bad products?

More people than ever are fixing up their houses because they can't afford to move...In this case...it's a simple excuse

Adelphia's Rigases report to prison - FINALLY

they were found guilty in 2004...what took so long?!?!?!?!?!?!

Filling Your Cup With Water Plays

Well, I for one think that Water/Sewer/Infrastructure is the Internet play of the future...

While I haven't had the best track record with things that I have invested in...the ones that really skyrocket are the ones I don't buy...

So...good news for you folks, is that I don't have a dime to put into this sector...so...your chances are that it will give you a good return!

China toy boss kills self after recall

The head of the company in a major US toy recall hung himself in disgrace.

While I am all about punishment for companies that put lead in paint used for children's toys...

this may be a little harsh.

I will say this though...I think a few CEOs in America need to feel a little disgrace for their actions.

Bush says markets can withstand credit concerns

I hope this isn't a statement on the same level of accuracy as "major military actions in Iraq have ended" Stated March 1, 2003...

If it is...sell every stock you own, put your money in gold and buy a gun...because the economy will be crashing by Tuesday!

BNP freezes $2.2 billion of funds over subprime

Another fallout from the subprime worries...A bank in France has frozen assets and won't allow people to access cash in the accounts.

Scary stuff.

Red Cross sued for use of cross emblem by J&J

amazing...how this kind of stuff ends up in the hands of lawyers is beyond me....