Word: yorke
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...question now is whether Circuit City will go out of business altogether. The New York Stock Exchange halted trading when the stock hit 10 cents a share (vs. about $25 for Best Buy) on Monday. That's down from a peak of $30 in May 2006, and nearly $8 as recently as December 2007. By late afternoon on Nov. 10, a U.S. bankruptcy judge had granted the company permission to borrow up to $1.1 billion, which it will use to buy new inventory and pay workers. That should tide it over through the holidays. But its long-term outlook remains...
...this year's holiday shopping spree is the increasing popularity of social shopping sites like Kaboodle, Etsy, ThisNext and Stylehive. Such online communities make buyers feel more comfortable opening their wallets. "People are reaching out for like-minded souls," says Wendy Liebman, CEO of WSL Strategic Retail, a New York-based retail consultancy. "Psychologically, it feels better if someone else is buying a product too." Kaboodle, the largest of the 25 or so social shopping sites in existence, lets community members discuss products, give one another shopping advice and receive feedback, like which item makes a better gift...
...rights activists look at the newly elected Democratic majorities in states like New York and see hope for expanding gay marriage despite the setbacks on Election Day. New York governor David Paterson has been an outspoken defender of gay marriage, and some hope to press the legislature there to pass laws allowing it - though conservative Democrats could well block such an effort. And while momentum may ultimately be on the side of advancing gay rights, Mohler says the fight is moving from courthouses to living rooms. "Both sides recognize this is now a battle for the hearts and minds...
...though no one was really expected to sit down and write a letter. Now you get an e-mail the next day saying, "I saw your tour schedule on your website. Put me on the guest list tonight!" Or worse, "I am coming to visit you in New York...
...month, U.S. special forces launched a raid into eastern Syria targeting an alleged al-Qaeda weapons smuggler. In response, the Syrian government shut down an American school and cultural center in Damascus, and forced American Fulbright scholars based at Syrian institutions to leave the country. On Sunday, the New York Times reported that the most recent raid was simply one of dozens that had been conducted on Syrian territory by U.S. special forces under secret orders signed by then Secretary of Defense Donald Rumsfeld...