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...Chicago Sun-Times is the smaller of two newspapers in the city. Its parent company, Sun-Times Media Group, trades for 3 cents per share. Davidson Kempner, a large shareholder in the firm, has dumped the CEO and most of the board. The paper has no chance of competing with the Chicago Tribune...
...first one, that the S&P 500 would go to 1,200 by the end of 2009, wasn't a crazy idea at the beginning of the year - but it sure is now (The S&P 500 is currently around 700). *The price of gold would go to $1200 per ounce. I still feel terrific about that. *The price of oil will go to $80 per barrel...I feel good about that. *The US dollar would weaken later in 2009...I still believe that. *The 10-year Treasury yield would rise to 4% (on Monday, the yield...
Slumdog Sights. Qantas is starting up service from seven Australian cities - including Brisbane, Melbourne, Perth and Sydney - to Mumbai starting June 2. The flights take off three times per week, connecting through Singapore. Outbound flight to Mumbai leave on Tuesday, Thursday and Saturday. Return flights operate on Wednesday, Friday and Sunday...
Member Bonus. Marriott Rewards members can redeem hotel points to buy a Priority Pass membership, which gives access to 600 VIP airport lounges worldwide. The price starts at 20,000 points and you can get one of three membership levels: standard (pay per lounge visit), standard plus (free access 10 times a year) or prestige (unlimited access). If you'd rather hang onto your hotel points, use cash and save up to 20% off the cost of standard plus ($199, with discount) and prestige ($359, with discount). Right now, you get three extra months of membership, making that 15 full...
...automobile fleet continues to absorb more hybrid and electric vehicles. Bob Kruse, executive director of GM's Chevrolet Volt, said this week that the Volt hasn't gotten an EPA rating yet. But under current test procedures it could get a rating of better than 100 miles per gallon because it uses electricity rather than gasoline to propel the vehicle. The gasoline only would be used to power the on-board generator...