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U.S. stock futures climb on IBM guidance, rate-cut view Citigroup write-offs could reach $24 billion: report Credit Suisse, first time this decade, recommends U.S. stocks Apple facing high expectations for Macworld CORRECT: Sears falls to multi-year low on profit warning Monday's biggest gaining and declining stocks Asia ends mostly lower after volatile session Caution signals from both top performer and veteran IBM expects fourth-quarter profit to easily top forecasts Apple runs into China Mobile wall .
Chartered to protect the henhouse, has the FTC turned into a fox?
I rarely get e-mail from the USA Today's Byron Acohido (who from time to time interviews me for my opinions on tech). But today, Acohido drew my attention to a story that he has co-authored with Jon Swartz under the headline FTC under fire as credit bureaus sell consumers' data. The story draws attention to a complex Web of potentially conflicting interests involving Federal Trade Commission Chairman Deborah Platt Majoras, the law firm she used to work for, her husband who still works for it, how that law firm represents one of the big three credit reporting bureaus, and whether or not the FTC has morphed into an agent of the credit reporting bureaus' success from the consumer guardian that The People have entrusted it to be. While the targets of this follow-the-money like inquest deny any impropriety, I can certainly understand the position of Robert Kuttner, author of The Squandering of America: How the Failure of Our Politics Undermines Our Prosperity who, who in response to the USA Today inquiry, said: Federal agencies that are supposed to be looking out for the consumer are really protecting the companies that do bad things the agencies were set up to prevent.
Clinton blames Obama camp over remark
RENO, NEV. (AP) -- Democratic presidential candidate Hillary Rodham Clinton on Saturday faulted chief rival Barack Obama's campaign for twisting her comments about slain civil rights leader Martin Luther King Jr. Clinton was questioned by reporters about South Carolina Rep. Jim Clyburn's reaction to her comments last week that seemed to suggest that President Lyndon B. Johnson should get more credit for passage of major civil rights legislation rather than King. Clyburn, in an interview in The New York Times, had expressed disappointment in the Clinton campaign over what she had said as well as former President Clinton's remark in New Hampshire about Obama telling a "fairy tale" in his opposition to the Iraq war. "I regret the way that this matter has been used," Clinton told reporters.
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