15:47:27

Loonie, what have you done for me lately?

You've by now tracked the rise in the dollar (trading at 93.36 cents US this morning). As bullist analysts are calling for parity by year's end, consumers may be hurting for a shopping trip down south to take advantage of the mighty loonie.

But if you're looking to capitalize on home ground, The Financial Post's
Jacqueline Thorpe and Hollie Shaw have some bad news for you:

The 50% rise in the currency in the past five years has brought little joy at the till for the average consumer.

Some examples:

After converting the Canadian price into U.S. dollars, the gap between Canadian and U.S. prices still averaged 8%. Canadians pay 10% more for an Economist magazine and 20% more for a sample of five birthday cards.

20:17:52

Thunder To Host Environmental Awareness Fair This Saturday

(Trenton, NJ) - The Trenton Thunder, the Double-A affiliate of the New York Yankees, will host an Environmental Awareness Fair at Waterfront Park this Saturday, June 30 from 5:30 until 7:30. The Thunder vs. Harrisburg (Double-A affiliate of the Washington Nationals) game that night is scheduled for 7:05 with a fireworks display courtesy of the United States Postal Service to follow.

This event will feature exhibits and demonstrations from Earth Share of NJ member organizations and eco-friendly businesses on the approach outside of Waterfront Park. Such organizations include: Honda, Whole Foods Market, Terra Cycle, Tech Terra Organics, and Shaklee, Inc.

Tickets to the game are available for $10 each with a portion of each ticket sold by Earth Share of NJ being donated back to the organization.

8:52:32

The 85th annual Pikes Peak International Hill Climb

The 85th annual Pikes Peak International Hill Climb is something of an American institution in the same way that the Daytona and Indianapolis events are part of USA racing folklore. BMW Motorrad is returning to this years race which takes place on Saturday 21July with two missions: to win the event outright and to break the outright speed record for the climb up the famous hill. And in order to achieve this, BMW Motorrad Motorsport will be fielding a team of four American riders and will also be showcasing the new HP2 Megamoto machine in this historic and arduous race.

The Pikes Peak International Hill Climb is a long-standing tradition in Colorado Springs and the second oldest motorsport event in the United States. The hill climb itself started in 1916 and is run on a 12.4-mile course that begins at 9,197 feet and rises to 14,100 feet up a tight twisty Colorado Rockies mountain road with numerous tight hairpins.

14:00:07

Too Much CAFE Makes Cars Smaller, More Expensive: Doron Levin

And don't blame Detroit for buying advertisements designed to scare motorists over talk about adopting tougher mileage standards.

From the automakers' perspective, tighter fuel-efficiency rules will force them to build smaller cars and trucks, perhaps tipping a financially shaky industry over the brink.

If federal Corporate Average Fuel Economy standards, or CAFE, rise anything like the 4 percent a year over the next 10 or 15 years outlined in a U.S. Senate bill, pickup trucks, minivans and sport utility vehicles might become scarce or disappear from America's highways. The CAFE for cars and trucks now is a combined average of about 25 miles per gallon; that would rise to 35 miles per gallon by 2020, with more increases through 2030.

Bye-bye Chevrolet Avalanche.

15:49:08

US Open Notebook: Don鈥檛 cry for Argentina

Just weeks removed from Eduardo Romero's back-to-back runner-up finishes on the Champions Tour, the man he encouraged to pick up the game at the age of 15, Angel Cabrera, is atop the sport.Cabrera's cool-as-can-be round of 1-under 69 gave him a 5-over 285 total on Sunday at the 107th U.S. Open, and marked his first PGA Tour victory, the high point of a pro career that began in 1990.Romero so believed in Cabrera years ago that when Cabrera failed to qualify for the European Tour three times, Romero underwrote his expenses in 1995.Finally, Cabrera joined the European Tour in 1996 – and has won three times there – including the 2005 BMW Championship.He didn't join the PGA Tour until 2003, and led the 2004 U.S. Open after one round.But it wasn't until this year that the 37-year-old – nicknamed "Pato " – was finally able to break through on the biggest of stages.Cabrera becomes the first Argentinean winner of the U.S.

22:16:09

Used Convertible Values: Volkswagen Chases Ferrari For Top Spot

June 1, 2007 Buying an set of wheels is an emotional decision but wed always suggest that a look through the residual value figures might help to point you towards a more rational emotional decision. The latest figures from EurotaxGlasss in the UK are a case in point. EurotaxGlasss has found that a number of volume-brand drop-tops retain a far greater proportion of their value than prestige-brand models from the likes of BMW, Lexus and Maserati. While the Ferrari F430 Spider holds onto its value better than any other 12-month-old convertible on sale in the UK (a typical 06-plate example retaining 97 per cent of its original list price as a trade value), hot on its heels is the rather more humble Volkswagen Eos (at 94 per cent retained value in 2.0 TDI Sport guise). Read on for the top 20 listing.

17:34:52

NASA Nationals Honda Challenge

The National Auto Sport Association's Honda Challenge series returned to Honda's recognized home circuit in North America, the Mid-Ohio Sports Car Course, to hold its official inaugural national championship. (Many will recall an "unofficial" version of the runoffs at the same circuit in 2004). Well over 40 cars were in the HC field, with 15 in the cream-of-the-crop H1 class and nearly 20 in H4. The numbers guaranteed a fierce battle for both categories.

The competition format included a hot-lap qualifying session and qualifying race on Friday and another qualifying race on Saturday. Those results were averaged out to determine starting positions for Sunday's championship contest.

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14:12:23

Amtek Auto hungry for global buyouts

Amtek Auto is not stopping after buying out JL French's forging and casting business in UK. NDTV has learnt that the company is planning a buyout in the US.

The company has about $500 million as an acquisition budget and it is looking at companies in Lowa, Detroit, Mexico border.

JL French's, Metaldyne's casting, forging business in the US could be potential targets. The acquisition could be through its US arms and the deal is expected to be completed within the next three months.

When contacted, the management did not deny the news but chose to be diplomatic instead.

"It's safe to say that we continue to be an inquisitive organisation, exploring strategic opportunities. If the right acquisition comes along then the money is available," said John Flintham, CEO&MD - Global Operations, Amtek Auto.

21:34:19

Chess is back!

Undoubtedly, the Oasis Cafe has laid the foundation for revitalizing chess in Guyana by providing a venue for two tournaments in January and February.

Chess, it seems, has caught the train to desination 'Visibility,' emerging successfully from the dark shadows of obscurity.

This last tournament was played two Saturdays ago and the newly-acquired chess clocks were used officially for the first time. And for the first time too in many years, a chess tournament was conducted under international timekeeping conditions.

And what did we see? We saw games that were rich in theory. We saw games rich with sacrifices. We saw deep combinations on the chessboard, and surprisingly, few games ended in draws. Draws, apparently, were frowned upon.

One ambitious chess player informed me that we would battle to the death.

21:42:39

A new Xbox hero

Screen Play didn't receive $350 worth of beer in the mail last week, but I was impressed by Microsoft's shrewd PR in sending an Xbox 360 version of Guitar Hero II to tempt me away from the PS3. It worked.

In over 15 years of writing about interactive entertainment, it's the first time I can remember a console manufacturer sending me a third-party game. It highlights the importance of the franchise, and that Microsoft is fully aware of the need to widen 360's audience quick smart.

Screen Play couldn't possibly recommend splashing out for a 360 instead of a PS2 just to play the game (or buying it again if you already own the PS2 version). There are few memorable standouts in the 10 Xbox 360 exclusive tracks (despite the long-awaited addition of Iron Maiden) and there's also not a huge visual leap (nor would it matter if there was).

12:14:50

Pirates of the Caribbean: At World鈥檚 End to be released this summer

Scheduled to be released on the 22nd of May, Pirates of the Caribbean: At Worlds End video games will see gamers playing as Captain Jack Sparrow, Will Turner and Elizabeth Swann as they live and die by the sword.

Prepare to fight villains, explore towns and islands and avoid the perils of the sea in this latest adventure inspired by the upcoming film, Pirates of the Caribbean: At Worlds End, and last years blockbuster, Pirates of the Caribbean: Dead Mans Chest. Pirates of the Caribbean: At Worlds End video games will be available for the Xbox 360, PS3, Wii, PSP, PS2, DS and PC.

Satisfy the pirate in you

Fans of the Pirates of the Caribbean film franchise will experience adventures inspired by the second and third films while going far beyond the events of those films, said Craig Relyea, vice president of marketing, Disney Interactive Studios.

10:40:28

Pirates Confirmed for Wii, PS3, Xbox 360, PSP, PS2, PC, and DS

Disney Interactive today confirmed that it will release Pirates of the Caribbean: At World's End this May 22nd, just ahead of the movie's release on May 25th.

In addition to the previously confirmed Wii version, the game has also now been confirmed for PlayStation 3, Xbox 360, PSP, PS2, Windows, and Nintendo DS. Interestingly, although the Wii version was previously confirmed to be in the works at the company's new Fall Line Studio, it seems that development of it has now been moved (along with every other version except the DS) to Eurocom.

You can find more information about the game in the press release below:

BURBANK, Calif. - March 19, 2007 - Familiar pirates will soon be fighting notorious villains on the decks and riggings of massive ships, exploring towns and jungle-filled islands, and avoiding perils at sea in adventures taking place on popular video game platforms.

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Budget fails the future and compassion tests

If you won the lottery tomorrow you'd want to spend a bit and help out your friends and family; but if you have any sense you'd invest the rest for your future.

The Howard Government is riding on the back of the greatest resources boom Australia has seen - we have never had higher prices for our coal and minerals. Saul Eslake, the ANZ Bank's chief economist, calculates that the mining boom has delivered a budget windfall of $398 billion over nine years.

It's perfectly right to return some of those enormous tax revenues to the taxpayers who have created them, but it's also important to invest for the future.

This budget is a missed opportunity when it comes to lifting Australian productivity. The Government hasn't invested seriously in education or in broadband and the budget papers show productivity growth will fall from the end of next year.

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Top auto brands foray into second hand car market

There has been a great deal of noise about some of the leading players of Indian industry entering the retail market. What seems to have gone relatively unnoticed is the entry of the top names of the automobile sector into the second hand car market. Starting from scratch only a few years ago, the big boys have already cornered 22 per cent of this Rs 10,000 crore market, which was earlier completely unorganised.

Maruti sold 84,500 pre-owned cars in the financial year 2006-07, earning revenues of Rs. 1,483 crore. The company's pre-owned car business has been doubling every year for the past three years. Maruti entered the use car business in 2000 as a part of its strategy to be the 'end-to-end' player in the car industry.

Arch rival Hyundai Motor India was a relative latecomer, entering the business only in April 2006.

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Al-Gharaballi: Global Islamic Fund of Funds invests in local and ...

Global Investment House "Global" announced today that it has launched "Global Islamic Fund of Funds," an open-ended fund of funds investing in local and international Shari'a compliant funds.

Mr. Sameer Al-Gharaballi - Executive Vice President at Global said, "The fund's objective is to provide long term capital appreciation with reduced risk by investing in a diverse basket of Shari'a compliant funds and instruments." He added that the fund's strategy is to invest the majority of its assets in a core of "carefully selected Islamic funds that complement each other in risk and return." The fund will also invest in low risk instruments to reduce the overall volatility of the portfolio. The rest of the fund will be invested opportunistically in new tools or funds that materialize in the future.

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Breaking News: The Principal Financial Group Promotes Disability ...

Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the markets has brought these companies to the attention of our research team. On the NYSE exchange Principal Financial Group (NYSE:PFG), is responding to the attention of investors. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer. Principal Financial Group (NYSE:PFG) announced, just 36 percent of all full-time employees have access to long-term disability insurance through their employers, and fewer than 6 million individual disability policies are in force in the United States(1) - compared to more than 112 million individual life insurance policies(2).

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Forex Daily Technical Report Euro Strengthens against Dollar and ...

Euro strengthens against dollar and yen ahead of the highly anticipated ECB rate decision and press conference today. It's widely expected that ECB will raise rate by 25bps to 3.75% today after Trichet's signal with the usage of "vigilance' in last meeting. While ECB is still expected to continue tightening this year, the opinion on the timing is divided and hence, focus of the markets will again be on the following press conference on clues on timing of next hike. The below 2% target inflation and persistently strong money supply growth have been the major topics in the market on forecasting ECB's next moves. Today's 2008 inflation forecast will be closely watched and should solve part of the puzzle. Meanwhile, BoE is expected to keep rates unchanged at 5.25% and will likely be a non-event.

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State Supreme Court hears criminal, Sunday hunting appeals

ROMNEY - At least one student thinks that a Morgan County defendant convicted of sexual assault and other charges should get a new trial based on new evidence and West Virginia Supreme Court Chief Justice Robin Davis noted that despite her personal feelings about the man, he is entitled to a fair trial.The comments came as part of LAWS Day, a program sponsored by the state Supreme Court to further legal education to high school and college students. The event was held in Hampshire County where Justices Robin Davis, Joseph Albright, Brent Benjamin and Elliott Maynard convened to hear four separate appeals. Students attending the day's activities were from Potomac State College, Pendleton, Hampshire and Hardy high schools and from the West Virginia Schools for the Deaf and Blind.In the first criminal case, Denver Youngblood was convicted by a Morgan County Circuit Court jury of two counts of sexual assault, two counts of brandishing a firearm, wanton endangerment involving a firearm and indecent exposure.

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Solaicx Closes $27.1 Million Series C Funding Round

SANTA CLARA, Calif., May 8 /PRNewswire/ -- Solaicx, a leading manufacturer of mono-crystalline silicon ingots and wafers optimized for photovoltaic applications, today announced it has closed $27.1 million in Series C financing. The D. E. Shaw group is the lead investor in the funding round, which includes a new investment from Mitsui Ventures and follow-on investments from Applied Ventures, LLC (the venture capital arm of Applied Materials, Inc.), Firsthand Capital Management, Big Sky Ventures, and Greenhouse Capital Partners.

"We have a strong interest in emerging leaders in the alternative energy space and are delighted to support Solaicx through this investment," said Alexander Wong, head of venture capital at the D. E. Shaw group. "Solaicx plays a crucial role in the solar energy value chain.

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Johnson hire bolsters Citigroup's European prime brokerage wing

Citigroup has hired Todd Johnson from Deutsche Bank to head up the firm's prime brokerage business in the lucrative European market.

Mr Johnson joins the American bank after occupying positions with the German bank including head of hedge fund client services and latterly was charged with overseeing Deutsche Bank's European prime brokerage division.

The hire will see him reunited with former Deutsche Bank colleague Nick Roe, who is head of equity finance for Citigroup in Europe, the Middle East and Africa.

News of the appointment follows Citigroup's fund service divisions hiring of a further two staff from Deutsche Bank, namely Richard Kennedy and Lane Hocking who are installed as global head of synthetic equity finance trading in New York and head of securities lending and synthetic equity trading in Hong Kong.

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Sandoz Canada to create 100 jobs investing $80M in Quebec operations

BOUCHERVILLE, Que. (CP) - Sandoz Canada says it will create 100 more jobs investing $80 million in its Quebec operations to meet global demand for generic injectable pharmaceuticals.

"In addition to more than 100 new positions created in 2006, 100 additional jobs will be created in Canada over the next two years," Sandoz, a division of the Novartis Group, said Monday.

The $80-million investment includes:

-construction of a second manufacturing site;

-expansion of a drug development laboratory, purchase of state-of-the-art laboratory equipment and expansion of the quality-control laboratory;

- new manufacturing equipment for the existing plant; and

- the acquisition of additional property next to the head office.

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Search Engine Marketing Firm iProspect Announces Launch of ...

Boston (PRWEB) May 2, 2007 -- Search engine marketing firm iProspect today announced, as part of its global brand expansion, the launch of iProspect Norway and iProspect Denmark. The new offices make iProspect the largest search marketing network in Scandinavia.

Forging ahead with its global brand expansion, iProspect adds these two new locations to a list that already includes agencies in Spain, Sweden, and the Netherlands. The search engine marketing firm's plans for worldwide expansion will bring their experience and expertise to major markets.

"We are very excited about the opening of these two new offices," said Robert Murray, President, iProspect U.S. "Both iProspect Norway and iProspect Denmark are strong players in competitive markets. As iProspect agencies, they're clients will benefit greatly from our proprietary tools, process and best practices."

iProspect Norway currently works with an impressive roster of clients including: Expedia, Hotels.com and Dell.

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Reliance to unlock some treasury stock

India's largest private company, Reliance Industries, is on a huge fund-raising drive. After completing a preferential issue of 120 million warrants to promoters in February this year for Rs 16,824 crore, the Mukesh Ambani controlled company is now planning to mop up around Rs 10,000 crore through a combination of convertible bonds and treasury stock.

According to highly placed industry sources, the company is likely to issue foreign currency convertible bonds/ warrants/convertible debentures to be converted within 12-18 months at Rs 1,900-2,100 a share. The Reliance Industries scrip is trading at Rs 1,597 and the company has the highest market capitalisation of Rs 2,22,557 crore on the Indian bourses.

At the time of conversion, Reliance Industries would use treasury stock and not issue fresh equity in lieu of the convertible instruments, investment banking sources said on condition of anonymity.

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Rupee appreciates further in early trading

Mumbai, Feb. 26 (PTI): The rupee today appreciated further to Rs 44.1850/1950 in later morning deals against the US currency on the back of some dollar buying by importers due to higher global crude oil prices amid weak dollar overseas. In active trade at the Interbank Foreign Exchange (FOREX) market, the Indian unit opened sharply higher at Rs 44.14/16 a dollar from last Friday's close of Rs 44.20/21 per dollar on heavy dollar buying by some banks on behalf of their clients, mainly oil refinery companies. Global crude oil prices today touched USD 61.50 a barrel in Asian trade. Later, it was quoted slightly easier on bearish equity markets at Rs 44.1850/1950 in late morning deals, still higher from previous close. The dollar ended lower across the board Friday amid concerns that interest rates will rise in Europe but could remain frozen or even decline in the US.

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Seoul shares open higher on steel, brokerage gains

SEOUL, April 26 (Yonhap) -- South Korean stocks opened substantially higher Thursday, led by strong gains among steel and securities firms, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) climbed 13.56 points, or 0.88 percent, to 1,559.11 in the first 15 minutes of trading.

Leading steelmaker POSCO and smaller rival Hyundai Steel were both in the plus column.

Stock brokerages started higher as investors bet that a proposed capital market consolidation bill would boost their profits. Top brokerage Samsung Securities gained ground.

Samsung Electronics and other tech exporters also opened in positive territory.

The local currency was trading at 927.4 won to the U.S. dollar as of 9:15 a.m., down 0.7 won from Wednesday's close.

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Market regains 14-K level

Mumbai, May 14: Making a firm start today, the Bombay Stock Exchange benchmark Sensex climbed over 215 points to regain the 14,000 level. The upsurge was seen due to funds buying, fuelled by firming global markets.

Major banking sector stocks like State Bank of India and Punjab National Bank led this morning's rally at the stock market.

The 30-share index (Sensex) had gained nearly 25 points in the previous session.

It shot up by 216.03 points to be quoted at 14,012.19 in the first five minutes of trading largely on the back of a strong rally in index-related stocks.

Similarly, on the wide-based National Stock Exchange, Nifty was up by 74.20 points at 4,150.85.

Reports of firming global markets had encouraged the trading sentiments here, triggering massive buying by foreign funds.

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Insider trading concerns rise as stock options surge

While Kohlberg Kravis Roberts & Co., TPG Inc. and Bain Capital LLC meet behind closed doors to mount the world's biggest leveraged buyouts, their deals already are common knowledge in the stock options market.

Options trading jumped an average 221 percent in the three days before the 17 biggest U.S. takeovers of the past year were disclosed, compared with the average for the previous 50 days, data compiled by Bloomberg show. The acquisitions of Dallas-based electric utility TXU Corp., HCA Inc., the biggest U.S. hospital operator, First Data Corp., the world's largest processor of credit-card payments, and student loan company Sallie Mae were all preceded by a surge in seemingly well-timed options bets, according to the data.

The record $188 billion of LBOs announced in the first quarter is fueling U.S.

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CURRENCIES: Euro Lower After Trichet; Yen Slumps As Carry Back In ...

The euro fell against the dollar on Thursday after the European Central Bank hiked its key interest rate by a quarter percentage point to 3.75% as expected and said rates are now "moderate" rather than "low." Jean-Claude Trichet, President of the Frankfurt-based ECB, which sets interest-rate policies in the 13 countries that use the euro, said rates remain "accommodative" and that the central bank will "very closely" monitor price developments, an indication that a rate hike in the next quarter is likely. But Trichet did make one concession, saying that rates are now "moderate." He added that he wasn't preparing markets for a "restrictive" policy. "Trichet opted for a less hawkish tone when he said that interest rates are now moderate rather than low," said Kathy Lien, chief strategist at DailyFX.com.

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Consistently Cheap Car Insurance

As every Londoner knows, the way to cross the road is to put your head down, look neither left nor right, and cross. The cars will stop for you. (They're almost stationary already anyway.) I'm still alive so it must work, I reckon!

Other than the resultant occasional bruises and frequent wild tooting on my mad journeys to and from work, my (sometimes painful) relationship with cars doesn't go beyond the analysis of car finances. However, when I worked in the general insurance industry I didn't put my head down; I looked around a lot to see what was going on. I still do that now. Here are the two things that have most caught my attention this year.

1. The cost of car insurance

The cost of car insurance has been steadily falling for three years, thanks to an incredibly competitive market.

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Appeal of smaller cars grows

You've seen them on Canadian streets for years in ever-growing numbers -- compact cars like the Honda Civic and Mazda3, subcompacts like the Toyota Echo hatchback, and baby-SUVs like Ford's Escape. Now the newest of those mite-sized vehicles are the majority.

For the first time since car dealers opened for business in Canada, more than half of all retail buyers bought a small, fuel efficient vehicle last year, new research shows.

The data, compiled by DesRosiers Automotive Consultants, suggests most Canadians are already making the kind of auto-buying choices that will reduce their footprint on the environment. And it means that if the federal and provincial governments really want to make a difference to reduce vehicle emissions, they should focus on getting older beaters off the road instead of targeting new cars and trucks, the consultancy says.

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Leading US service management company sets up European base in ...

Service Bench provides a hosted web-based service management solution that centrally manages service calls, field service, parts, repairs and warranty management, enabling companies to manage and analyse the full service lifecycle to improve the customers service experience and reduce the manufacturers service costs. According to a report by AMR Research in September 2006, the aftermarket service represent 24% of revenue and 40-80% of profit to a manufacturer, however only a minority of companies have recognised the strategic importance and potential for differentiation by investing in the product after-market.

ServiceBench customer, retail giant Sears did, however, recognise the potential benefits of introducing a service management solution to handle their huge volume of after-sales warranties.

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WellPoint, Inc. at Bear, Stearns Healthcare Conference - Final

JOHN REX, ANALYST, BEAR STEARNS: Thanks and my name is John Rex. I cover managed care stocks at Bear Stearns. Thanks for joining us today at our conference. Presenting next will be Wellpoint: David Colby, CFO. Also, on the stand, we have [unintelligible]. It's certainly timely that we have David here with us, representing the Company. If we have any few minutes at the end, maybe we have a little bit of time for Q&A on some of the recent events of the Company. [Also], so I'll go ahead and turn it over to David. DAVID COLBY, CFO, WELLPOINT: Thank you, John and good morning and thank you for coming to listen to the Wellpoint story. [If it's too advanced], up here is our Safe Harbor Statement because I will be making some forward-looking statements in this presentation and you need to consider those forward-looking statements, in light of the risk factors that are in our SEC filings.

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Entertainment and Technology Feature Summary for Week Ending Mar. 16

LOS ANGELES, Calif. - Mar. 16 (SEND2PRESS NEWSWIRE) -- The weekly news feature summary from the Send2Press Wire Service includes this week: NETGEAR selects TeamF1 embedded software for secure gateway/routers; Living Folklore releases Funny Bone Logic interactive DVD with games for developing minds ages 3-8; fitness innovator John Abdo inducted into Hall of Fame; and Georgetown hosts Policy Conference on National Security. Selected News Stories for Week Ending March 16th, 2007: * to read these and other stories in complete detail, with images, please visit: http://www.send2press.com/newswire/ * Long Term Care Insurance for Spanish Speaking Americans KIRKLAND, Wash. - Mar. 16 -- Today LTC Financial Partners LLC, the nation's most experienced long term care insurance brokerage, announced a campaign to bring long term care protection to members of America's second-largest ethnic group, Hispanics.

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North Palm Beach County business briefs: April 1

Old Palm Golf Club, with homes starting around $2 million, has been named one of the top 25 private golf communities in America by "Luxury Living," a high-end real estate and vacation home magazine.

The ranking was based upon the desirability of real estate options, golf course quality, clubhouse services and amenities for residents, as determined by the magazine's editors and writers for the April/May issue.

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Internet firm to set up

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Jack9, an Internet entertainment company, has announced it will set up headquarters in the Esperante Building.

The announcement follows a funding deal and announcement that the company's production and entertainment offices will set up in Orange County, Calif., and the tech offices in Denver.

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Chunky Heels Are Leading Shoe Fashion Parade

This spring, don't worry too much if your toes are round or pointy, or whether you can start wearing light-colored leather: The big shoe stories of the season are about interesting materials and sculpted heels.

A couple of pairs of wood, cork, jute or raffia wedge sandals, plus a peep-toe pump and a jazzed-up ballet slipper will easily fast-forward your warm-weather wardrobe from last Labor Day to the present. Heel heights run the gamut but be warned - they're thicker than last year.

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Gonzales' hold on job uncertain

WASHINGTON - Attorney General Alberto Gonzales' hold on his job grew more uncertain Monday as the Senate debated removing his authority to unilaterally name U.S. attorneys and the White House said it merely hoped he would survive the tumult.

Asked if Gonzales had contained the political damage from the firing of eight federal prosecutors, White House spokesman Tony Snow said, "I don't know."

Snow declined to predict how long Gonzales would stay in his job but reiterated President Bush's support of him.

"No one's prophetic enough to know what the next 21 months hold," Snow said. "We hope he stays."

The Justice Department also planned to turn over to Congress late Monday a couple of thousand pages of new documents related to the firings.

White House counselor Dan Bartlett said that Bush had full confidence in Gonzales and that the attorney general had not offered to resign.

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Annals of Liberation: Bush Surge Accelerates Assault on Iraq Academics

Excerpts from the Sunday Times: The security forces separated the men from the women and then ordered [Mohammad] Jabouris wife to give them a suitcase filled with jewellery and 20,000 in cash. When she argued they threatened to shoot her. Then they destroyed the furniture and broke the windows of the cars in the garage. "The same militiamen who used to raid our areas in the past are now conducting the security crackdown, using this as a chance to attack us further," Jabouri said.Later the same night, security forces raided a compound containing the homes of 110 university professors and their families. Professor Hameed al-Aathami described what happened: "They dragged us out of our beds as we slept with our wives and children, took us outside, bound our hands and blindfolded us. They beat, cursed and insulted us."Dr Salah Bidayat, the dean of the school of law, fired two shots from his licensed gun in the air to get the soldiers attention.

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The Bargain Hunter

Checking in at this Albany warehouse sale for home decorating fabric is like going on safari for the ultimate bargain. The array reflects recent color and design trends, the classic and traditional, and some fabrics so old they've developed retro status. Prices are low to clear out many years' worth of inventory from this custom furniture manufacturer before it remodels the building and reorients the business. Fabric will be $1 to $5 a yard when bought by the roll.

The caveats: Small rolls with 2 to 8 yards of fabric will be sold as is -- that is, you take it all for one price, from $2 to $15 per roll. Larger rolls involve two prices. To get the lowest price you must buy a minimum of 20 yards. Buy less and you'll pay about double.

Choose from chenilles, velvets, tapestries, jacquards, damasks, mattelasses and more; weaves and textures in prints and solids in cottons, linen blends, and rayon and cotton blends.

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Grandma wins $10 million

Sweepstakes commotion meets down-home calm

By CLAY CAREY
Staff Writer
SPARTA, Tenn. There was no screaming. No jumping up and down.

In fact, it was so quiet that you could hear the frogs chirping from a nearby pond when Elizabeth and Reece Green learned they'd become the richest farmers in White County.

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Radical car parking proposal is rejected

Members of Odiham Parish Council met earlier this week to receive a report on the scheme, which would include timed parking restrictions in the village centre in a bid to free spaces for shoppers.

The proposal had been unpopular with many residents and more than 800 people signed a petition against it.

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More, Younger Girls Are Huffing Inhalants

An estimated 1.1 million children between ages 12 and 17 use inhalants to get high and a higher percentage of girls than boys are huffing household products and starting younger than their male counterparts. In 2005, almost five percent of girls used inhalants in the past year, while 4.2 percent of boys reported huffing.

When the Substance Abuse and Mental Health Services Administration last reported inhalant use in 2002, only 4.1 percent of girls used inhalants, but by 2005 that jumped to nearly five percent. In 2002 approximately 285,000 females began use of inhalants, while 337,000 reportedly used inhalants for the first time in 2005.

The new report, "Patterns and Trends in Inhalant Use by Adolescent Males and Females: 2002-2005," was released at a press conference kicking off the 15th National Inhalants & Poisons Awareness Week.

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Ex-soldier plans an armed forces museum in Hoover

Former soldier and retired businessman Henry H. Cobb Jr. plans to fulfill a long-held dream by transforming part of a Hoover office complex into a venue to honor veterans and others who served in all branches of the U.S. armed forces.

Commercial real estate firm Graham & Co. Inc. recently sold a building in its Hoover Business Park on Lorna Ridge Drive to the Armed Forces Museum of Alabama, led by Cobb, a former adjutant general for the Alabama National Guard.

He plans an interactive museum, with maps, books and videos, as well as comfortable chairs for people to sit down, spend time and learn more about U.S. wars and those who fought in them.

Memorabilia also will be a part of the museum, including war-era model airplanes and Cobb's personal collection of knives.

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Booming mining's no longer the pits

EVERY time Sue Gogilis starts her shift driving the company truck she gives her steering wheel a good rub with a few disinfectant wipes.

Gogilis, a 34-year-old mother of two, was a dental assistant until last May. Now she drives a mammoth dump truck at one of Rio Tinto's iron ore mines, hauling 230 tonnes of rock and dirt across the scorching Pilbara region in Australia's outback.

"They need the bodies," she said. "And so if there's a body, they don't care if it's male or female as long as it can drive the truck."

From the pits of Australia to the coalfields of Wyoming, mining companies like Rio Tinto are hunting for people to address a dire shortage of workers. A decade ago, with prices slumping, the sense of mining as a sunset industry left it with a workforce with grey hair under its hard hats.

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Calcavecchia, Slocum share lead

PALM HARBOR, Fla.- Mark Calcavecchia felt confident about his game and fell in love with his putter. That's a rare combination for him, so he had a hunch that Saturday would bring him a good round in the PODS Championship. He never could have imagined this. .

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Winner Rachel Sherman was described by her three children as "the ...

In the heartfelt nomination, Hamilton's son wrote that she taught him "the most important thing you will ever have is family, that no matter what, family is the thing that will never leave you."

Marcus, the second-runner up, was recognized for battling through kidney failure and rheumatoid arthritis to successfully raise her three adopted children. In her nomination letter, Marcus was described as always putting other's needs before her own.

"Taking about 80 pills a day to prevent infection," the letter read, "never stopped her from taking us to Universal Studios and Islands of Adventure… She's living proof of what she has taught her children our whole lives: just because she's disabled doesn't mean she's unable."

In addition to the top three mothers, all the honored guests received gift bags and were treated to pictures with the players.

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Al-Qaida Suspect Says He Beheaded Daniel Pearl

The alleged al-Qaida mastermind behind the 9/11 attacks, Khalid Sheikh Mohammed, boasted of being personally responsible for decapitating the US journalist Daniel Pearl five years ago, in a new transcript released by the Pentagon yesterday. The claim comes on top of 30 other al-Qaida operations he said he been involved in.

Mohammed, 42, a Pakistani brought up in Kuwait, claimed he was the shadowy figure shown in a video of the beheading of the Wall Street Journal reporter. "I decapitated with my blessed right hand the head of the American Jew, Daniel Pearl, in the city of Karachi, Pakistan," the transcript quotes him as saying.

A Pentagon spokesman, Bryan Whitman, said the passage was withheld from 26 pages of his "confession" released on Wednesday to allow time to inform Pearl's wife, Mariane.

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Grand Prix Events: featuring GP Euroseries

La Grande Passione (The Great Passion) showcases 240 of the greatest racing cars ever made. They will battle for each sweeping curve of Donington Park in 12 races over the Bank Holiday weekend of 6th and 7th May, 2007. 'La Grande Passione' is at the heart of this event with many Ferrari, Maserati and Alfa Romeo cars competing. The famous British, German and French racing designs will also set the heart racing. These rare and exciting cars are provided by the two leading historic racing organisations; the Historic Grand Prix Cars Association and the Masters Racing Series. This meeting is the most authoritative historic racing event on the spring calendar. If you think modern F1 is boring and a procession, with overtaking only happening in the pits- then watch this- close racing with places being swapped every lap!

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Can old rockers share the wealth?

To some, heritage rock acts like Rod Stewart, Paul McCartney and the Rolling Stones are the saviors of the touring industry. They are the cornerstones of the live-music economy because of their appeal to the mammoth and powerful boomer population, lazy record executives and radio programmers out for the easy sell. These acts pack arenas consistently with above-average ticket prices, and they annually top the year- end grosses as the most successful and powerful artists to hit the road.

But others see these rockers as part of a greater problem, one that threatens the very foundation of rock 'n' roll. If you're shelling out $29.50-$95 .

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Bus fleet getting newer, greener

The Lowell Regional Transit Authority continues to upgrade its fleet, which is getting greener every day. This month the authority rolled out seven new buses, adding to the 12 new buses it brought online last year.

The latest acquisitions, seven 35-foot buses, were purchased from Gillig Corp. of Hayward, Calif. They seat 32, burn low-sulfur diesel fuel, and accommodate wheelchairs. "They're state-of-the-art," said the transit authority's executive director, James Scanlan, last week.

Eighty percent of the cost of each $285,000 bus was paid for with grants from the federal government. The state paid for the remaining 20 percent.

With five new buses scheduled to join next year, the transit authority will have replaced more than half its fleet of 45 buses in a few years.

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Workers doubt health info from employers

The millions of dollars and countless hours employers spend on health and wellness campaigns may be falling on deaf - and distrusting - ears, according a survey released today by J.D. Power and Associates.

The firm, generally known for its auto rankings, released today its first-ever National Health Insurance Plan Satisfaction Study, which surveyed 10,552 consumers on their satisfaction with their health plans.

Among the questions asked: Which of the following do you trust the most when it comes to advice about how to stay healthy and how to get the best healthcare? Not surprisingly, a large majority cite their doctors, with 70% naming their primary care physician and 31% saying the specialist they see the most. However, just 2% trust employers most -- well behind online health articles (22%), their health plan (12%), the government (8%) and even none of the above (6%).

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Racin' Roddin' And Restorin' Pays Off

According To The Specialty Equipment Market Association (www.sema.org), the automotive aftermarket is a $34 billion per year industry. Racing, hot rodding, customizing and restoring classic and vintage automobiles are strong revenue sources for thousands of machine shops all over the United States, but money is not the only payoff. For many, being able to work on some of the best autos and bikes ever created is more satisfying to them than their paychecks. Building a top fuel dragster, restoring a 1920-something luxury car and painting a mural on the side of the family van require different skill sets, but one thing most of the people doing this work have in common is a passion for the work.

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Congress urged to use FHA to help with Mortgage Lending Crisis

A leading consumer group involved with lending practices and community rebuilding is lobbying congress now to use the FHA and arrange more realistic refinancing for all the people with "sub prime" loans who are facing bankruptcy and loss of their homes right now. The estimates of the numbers of now questionable loans exceeds a million, and they say this would be intolerable to have this many families out of their homes in such a short time period and would have devastating ripple effects across the economy as a whole."Homeowners with subprime mortgages struggling under payments need federal government help to ease them through the crisis, a leading consumer advocacy group said on Wednesday."..more thereed:they certainly need something. Affordable low end housing* is fast disappearing, and with zero employment guarantees anymore (jobs disappearing overseas, etc), it is going to keep creeping up the ladder into the middle classes even worse.

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Shared equity loans expensive way to buy

THE new shared equity mortgage allows borrowers to buy property they traditionally couldn't afford – but this privilege isn't cheap, particularly if house prices jump.

The new product has sparked fears it will add to the growth in house prices because of the extra flow of liquidity to the market.

The loan has been launched as an equity finance mortgage (EFM) and is issued by Adelaide Bank and funded by Rismark International.

Brian Jones, managing director of non-bank lender Homeloans, which recently wrote the country's first EFM loan in Perth, said the product was designed to overcome poor home affordability in NSW and Victoria.

"It's had that original foundation in that there was a problem with, particularly younger people and affordability in high-value markets, possibly having to move away from family and look for employment elsewhere rather than having free access to the markets and the geography that they were accustomed to," he said.

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Booming mining's no longer the pits

EVERY time Sue Gogilis starts her shift driving the company truck she gives her steering wheel a good rub with a few disinfectant wipes.

Gogilis, a 34-year-old mother of two, was a dental assistant until last May. Now she drives a mammoth dump truck at one of Rio Tinto's iron ore mines, hauling 230 tonnes of rock and dirt across the scorching Pilbara region in Australia's outback.

"They need the bodies," she said. "And so if there's a body, they don't care if it's male or female as long as it can drive the truck."

From the pits of Australia to the coalfields of Wyoming, mining companies like Rio Tinto are hunting for people to address a dire shortage of workers. A decade ago, with prices slumping, the sense of mining as a sunset industry left it with a workforce with grey hair under its hard hats.

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Survey: Property Sales, Enquiries Increase

KUALA LUMPUR, May 15 (Bernama) -- A survey by Real Estate and Housing Developers' Association (REHDA) shows that property sales and enquiries rose following the government's liberalisation measures to stimulate foreign ownership and investment in properties. "The survey, conducted between Apr 21 and May 8 this year, showed an 18 percent increase in property sales and 22 percent rise in enquiries," REHDA deputy president, Datuk Michael Yam Kong Choy, said at a media briefing to release the survey result. He said the measures included exemption of real property gains tax (RPGT), removal of the limit of the number of property loans allowed for non-residents and the lifting of Foreign Investment Committee approval. "Of the incentives, respondents credited the blanket exemption of the RPGT as the main contributor of improved sales.

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R. Craig Goss of CTX Mortgage earns CMPS

PORTSMOUTH -- R. Craig Goss, a mortgage financial planner, with CTX Mortgage, has passed the qualifying exams to earn the designation Certified Mortgage Planning Specialist (CMPS) granted by the CMPS Institute of Ann Arbor, Michigan.

The CMPS Institute is a training and certifying organization created to help mortgage professionals integrate financial planning concepts into the mortgage process.

CTX Mortgage, a subsidiary of Centex Corp., is a leading mortgage lending company dedicated to building clients for life through sound mortgage financial planning.

Currently, CTX Mortgage employs the highest percentage of CMPS certified loan officers than any other mortgage company.

PR chapter welcomes Thomas Bebbington

PORTSMOUTH -- The Yankee Chapter Public Relations Society of America welcomes Thomas Bebbington, manager of public and community relations at Long Term Care Partners LLC, a joint venture between John Hancock Financial Services Inc.

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New or used? Peace of mind is a crucial factor

It's hard to remember when there was a better time to consider a used car instead of a new one.

The record number of new cars and trucks sold in recent years -- fueled largely by extremely attractive rebates and low- or no-interest financing -- has created an overabundance of used cars. That gives the used-car shopper a lot of choice.

The flooded market also means depressed prices on used cars -- bad news for new-car buyers trading in their old models, but good news for bargain-hunting used-car shoppers.

Furthermore, an increasing number of certified pre-owned car plans have cropped to provide consumers with peace of mind when it comes to buying a used car.

In the end, the decision to buy new or to buy used boils down to what you can afford and what will give you peace of mind.

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Top sport-shoe maker aims to double China outlets

HONG KONG: Yue Yuen Industrial (Holdings), the top maker of shoes for Nike Inc and other footwear brands, plans to more than double its network of Chinese outlets within two years, accelerating a retail foray.

The firm moves the shoes that it makes via 1450 outlets sprinkled across the country but it now aims to raise that total to 3000 within two years, managing director David Tsai told reporters after a shareholders' meeting on Thursday.

It aimed to own two-thirds of those new stores and retail counters, the executive added.

Yue Yuen, which operates a sprawling production web covering China, Vietnam and Indonesia, is moving increasingly away from fabricating shoes for the likes of Nike and Adidas toward wholesale and retail.

That division accounted for 8.3 per cent of nearly $US3.7 billion ($NZ5.3 billion) in revenue in the year ended September 30, up from 5.4 per cent the previous year.

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US STOCKS-Indexes slip on growth worry, profit-taking

NEW YORK, May 14 (Reuters) - U.S. stocks fell on Monday as renewed concerns about the economy's health overshadowed news of a $7.4 billion deal to buy a majority of Chrysler.

In addition, investors opted to take profits after six straight weeks of gains by the main indexes, traders said.

The Dow Jones industrial average (.DJI: Quote, Profile, Research was down 16.90 points, or 0.13 percent, at 13,309.32. The Standard & Poor's 500 Index (.SPX: Quote, Profile, Research was down 6.50 points, or 0.43 percent, at 1,499.35. The Nasdaq Composite Index (.IXIC: Quote, Profile, Research was down 22.69 points, or 0.89 percent, at 2,539.53.

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More Central Banks diversify away from the US Dollar- Forex Crises ...

For years now we have warned of tsunami like capital waves crossing the globe bringing financial drama with it. We have pointed to the structural problems that could give rise to the damage these waves will cause. We have warned of the Central Bank's moves away from the U.S.$. We have also warned of the damage the Trade deficit is doing to the U.S. We have also warned of global foreign exchange and rates crises.

We coined the expression "Live now, Pay later" syndrome that has been all-pervasive in the U.S.A. Add this to the "so far, so good" attitude and what happened this week in global markets has been long overdue. It signals that globalization and the free flow of capital across this globe of managed foreign exchange rates, plus the interdependency of global economies will undermine all paper currencies to some extent.

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Animal groups object to Nike croc shoes

Animal rights advocates in Britain have sharply criticized sports equipment maker Nike for creating a special edition training shoe out of crocodile skin.

The shoes, which feature 18-carat gold lace tags and retail for about $2,700, were created for the 25th anniversary of Nike's Air Force 1 range, Sky News reported Monday.

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Hybrid Cars Helping To Drive Down Insurance Costs

(NAPSI)-−Hybrid vehicles may help to save more than the environment. They may also mean savings for drivers when it comes to auto insurance. For example, on the heels of recently signed legislation aimed at reducing California's greenhouse emissions by 25 percent by the year 2020, one insurance company has introduced a program to help support that goal. California hybrid owners can now take advantage of a 10 percent discount on auto insurance offered by Travelers. Experts say any vehicle is considered a hybrid when it combines two or more sources of power. Hybrid cars run off a rechargeable battery and gasoline. The company is the first to offer a discount to hybrid drivers on a national level and has been steadily rolling out the discount state by state. It has recently made the discount available in New York, Maryland, Florida, Washington and Texas, bringing the total number of states in which the discount is offered to 42, in addition to the District of Columbia.

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Marine's mother makes personalized cards

WACO, Texas -- Every holiday, Reba Webster Hollingsworth sends out nearly 2,000 handmade, personalized greeting cards to strangers across the globe.

Time-consuming, yes. But the 36-year-old Waco legal assistant says it's the least she can do.

She shows her support for the troops with the paper, markers and stamps those cards are made from.

To Hollingsworth, the cards mean a heck of a lot more than a magnetic ribbon on the back of her Ford saying she supports the troops.

And she'll tell you that defiantly.

"I choose to show my pride in ways that are beneficial to those who protect us and our freedoms," she said.

Hollingsworth's efforts may prove more important than ever with the war in Iraq entering its fifth year this week.

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Pakistan IT Jobs Boom: Rozee.pk Becomes Top Jobs Marketplace

Los Angeles, CA (FV Newswire) - Rozee.pk, the top jobs portal of Pakistan has seen an 800% growth in traffic over the past one year to become one of the most visited sites in Pakistan. With the massive global demand for IT man power and the move of multinationals to Pakistan as an "offshore destination", the prospects for IT professionals have never been better. Pakistan's strong growth rate, infrastructure development and formal IT policy has increased domestic demand as well. Fortunately for the employers, Pakistan's large computer literate, English speaking population is a steady source of engineers. Traditionally, there was a lot of distortion in the Pakistan job market place due to inefficiencies. The traditional media such as newspapers could not cope with the rapid paced jobs market and therefore caused unnecessary churn.

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Skate ShoeNike Unveils The Official New Mens NCAA Basketball Uniforms

Players from four elite basketball universities will be hitting the court this week with distinctly different Nike uniforms that showcase their upper bodies - and a little less leg.

Nike unveiled the new line of basketball uniforms Tuesday. They are being introduced for the University of Florida, Ohio State University, University of Arizona and Syracuse University. The shoe and apparel giant plans to start introducing personalized uniforms to all its NCAA-Nike partner schools beginning next fall.

The new look is decidedly different. The jerseys are tighter and the shorts are longer and baggier. And players have an option of "personalizing" their look with aerodynamic underlayer tops and leggings.

Nike says the look creates a "dramatic new silhouette" and responds to player requests.basketball nike presented shoes

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USA : Accessories for coming spring!

Skate Shoe With the advent of spring, new horizons of fashion arrives but once you buy an accessory it can be used and reused for a long time. Accessories are multifunctional, they can renew any outfit.

Here are some updates for the coming spring season.

This season shoe are prepared to make a fashion statement with lucite heels, cork-soled platforms, high-heeled pumps in yellow, red, polka dot, striped and animal prints. You can also wear flats with shorts, skinny pants or the new wide-legged slacks.

Patent leather jacket is back to add oomph to an outfit. You can wear them over a dress, jeans, capris.

Wide belts worn at the waist made of washed silks and patent leather can bring a 'get up and go' look in you.

Gone are the days when handbags had larded studs, embroidery and accents.

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a safeguard for distressed homeowners, The Ohio Housing Finance Agency (OHFA) has pledged to provide refinancing for certain at-risk borrowers across their state.On April 2, 2007, the agency will officially unveil a refinancing program designed to help borrowers dealing with financial hardships such as job loss, divorce, or rising interest rates on adjustable-rate mortgages."We are aware of the detrimental effect of unaffordable monthly mortgage payments on the people of the State of Ohio," said Doug Garver, executive director. "The agency has worked diligently with our partners to develop a refinancing program that will address this issue. After helping over 100,000 families purchase their first residence, OHFA is determined to help other families continue to afford the place they call home."The agency says the program will offer 30-year fixed-rate loans and a 20-year fixed-rate second mortgage option at an amount up to four percent of the home's appraised value to assist with closing costs. D2C.

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Cashback is a sweet, melancholy comedy for rueful romantics that should have landed here to honour St. Valentine. But we'll happily take it in the name of St. Patrick.

This expanded feature-length version of the 2006 Oscar-nominated short film by hugely talented young British writer-director Sean Ellis deals with the unhappy consequences of being dumped by a girlfriend.

The question asked is, What is love, anyway? And while we're at it, What is beauty? As formulated by shoe-gazing art student Ben Willis (appealing Sean Biggerstaff, the Quidditch captain in the first two Harry Potter films), there is no easy answer.

Ben is in pain. One day he's thick as thieves with Suzy (Michelle Ryan). The next, she's ditched him for a bigger man on campus. Because he's a sensitive artist, he takes the news like a shaft to the heart. Buy-in-Home.

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Chunky Heels Are Leading Shoe Fashion Parade

This spring, don't worry too much if your toes are round or pointy, or whether you can start wearing light-colored leather: The big shoe stories of the season are about interesting materials and sculpted heels.

A couple of pairs of wood, cork, jute or raffia wedge sandals, plus a peep-toe pump and a jazzed-up ballet slipper will easily fast-forward your warm-weather wardrobe from last Labor Day to the present. Heel heights run the gamut but be warned - they're thicker than last year.
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Chunky Heels Are Leading Shoe Fashion Parade

This spring, don't worry too much if your toes are round or pointy, or whether you can start wearing light-colored leather: The big shoe stories of the season are about interesting materials and sculpted heels.

A couple of pairs of wood, cork, jute or raffia wedge sandals, plus a peep-toe pump and a jazzed-up ballet slipper will easily fast-forward your warm-weather wardrobe from last Labor Day to the present. Heel heights run the gamut but be warned - they're thicker than last year.
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