Ford Motor Company: stocked jumped 10% Monday.....still bouncing just under $3.00 per share. Profit before the meltdown was predicted to be $1.40 a share in 2009. I think it was $6.50 a share then.
Unemployment: real rate is about 10 percentage points higher if methodology used prior to Clinton Administration is used . Figures don't lie, but Liar Figure. The "new math" does not include those who have been unemployed for more than a year.
Conway Freight: cut 80 jobs in Ann Arbor. I thought they were going to be relocating the staff from Port Huron, Flint and Grand Rapids to the Ann Arbor Office.
Publishing: Miami Herald 4-Sale along with Rocky Mountain News. New York Times looking for a sale - lease back of their headquarters and other papers cutting press days and letting the website do the work for the other days.
Education: NEA teacher blasts Open Source Software Co for giving software to kids. Here is the response letter of Ken Starks of HeliOS Solutions I just became a fan and a customer. "No Child Without Linux"
Wednesday, December 10, 2008
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