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...dropped more than 2.5% within a few hours of the announcement.) A report by the NPD Group, which tracks retail sales, showed that Apple store sales declined 1% in November compared with a year ago, even at a time when PC sales increased 2%. Analysts, extrapolating to the pending post-holiday doldrums, when No One Will Buy Anything Ever Again, deemed this significant. If people stop buying stuff, that goes double for expensive stuff. And Apple occupies the premium space in the computing world. Jobs has famously and consistently refused to dance the price-cutting limbo with PC makers...
...official from New Jersey, as head of the Environmental Protection Agency (EPA). Obama also created a new position for Carol Browner, who was head of the EPA under former President Bill Clinton. She'll be responsible for coordinating the Administration's work on climate change across departments - a necessary post, since global warming touches on science, the economy and politics at home and abroad. All three appointees are charged with one of the most important items on Obama's agenda: getting the U.S. off imported oil and other carbon-rich fuels. "The pursuit of a new energy economy requires...
...namesake Chicago Tribune—announced its filing, the chain was wracked by layoff and forced buyouts. The Times alone lost 150 staffers—17 percent of its employees. Smaller chains, like McClatchy, are close to defaulting on their debt, and even giants like The Washington Post and The New York Times are making cutbacks.While the decline of print journalism is an unfortunate development, it is also an inevitable one. The Internet has pulled subscription and advertising dollars out from under newspapers, and free services like Craigslist have replaced previously profitable classified ads. Fighting to preserve current print circulations...
...place where young adults gather to study basic political and organizational skills—added, “We have to learn to move from a politics of disappointment to a politics of hope.” Paulette Aniskoff, currently the national deputy director of the Post-Election Task Force in Chicago, talked about how Obama will keep organizers and staff in communities nationwide to continue promoting the community activism that developed during the election. “There’s so much energy that’s ready to still do more,” she said...
...Harvard women’s basketball team defeated the University of Maine (2-7) 73-50 yesterday at Lavietes Pavilion with a dominating offensive performance. The game was marked by an all-around team effort, as four players recorded double digits, and senior Emily Tay posted her 1,000th career point. “I had no idea I had scored my 1000th point, so I’m really excited,” Tay said. “It was a really big surprise for me.” The Crimson (6-4) dominated the second half, using...