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Lindsay's forecast is nowhere as dire as Chowdhry's. But both analysts are reacting to reports that the cost-per-click for Internet ads has fallen an estimated 20% this year. Google and other Internet-advertising companies make much of their money by serving up ads that match keywords that people type into search engines. The rates for those ads are determined by advertisers, who bid for top placement. But advertisers have begun lowering their bids because they aren't getting the returns (also known as conversion rates) that they expected. In late November, research firm eMarketer lowered...
Frost/Nixon: Original Watergate Interviews Video footnotes to a new movie? Yep. A fascinating corollary to the film with Frank Langella as Richard Nixon and Michael Sheen as David Frost, here's the 1977 show with the real stars. There's no gotcha moment, just the raw drama of a fallen monarch in closeup...
Unlike its Japanese rivals, GM saw its sales decline begin way back at the beginning of the year, when its truck-heavy product lineup began to sag in the face of higher gasoline prices. So for the first 11 months of 2008, GM's sales have fallen 21.9%. While that is comparable to Ford and Chrysler (down 20.6% and 27.7% respectively), it's far worse than Asian competitors. Toyota is down 13.4% this year, Honda has declined just 5.4%, and Nissan has shrunk by 9.1%. They will be far better positioned to rebound once the market recovers...
...cannot describe what it is like to see thousansds of bodies rotting in one place. Shot, hacked up, dead, decaying faces. People frozen in whatever position they might have fallen - babies in mothers' arms." - on her visit to Rwanda shortly after the 1994 genocide there, Washington Post, March...
...same period, the S&P 500 fell 24.6 percent. The index has fallen an additional 12.4 percent since then...