Sunday, November 6, 2011

Futures rally on ECB rate cut, doubt on Greek vote (Reuters)

NEW YORK (Reuters) ? Stocks rose 1 percent at the open on Thursday after the European Central Bank surprised markets by cutting interest rates and as a Greek referendum on its euro zone membership was put into question.

The Dow Jones industrial average gained 136.00 points, or 1.15 percent, to 11,972.04. The Standard & Poor's 500 Index rose 12.66 points, or 1.02 percent, to 1,250.56. The Nasdaq Composite Index climbed 23.93 points, or 0.91 percent, to 2,663.91.

(Reporting by Chuck Mikolajczak; editing by Jeffrey Benkoe)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20111103/bs_nm/us_markets_stocks

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Friday, November 4, 2011

Obama fortunes improve as Republican rivals argue (Reuters)

WASHINGTON (Reuters) ? President Barack Obama's fortunes rallied on Friday as the U.S. jobless rate eased, his approval rating rose and his Republican rivals battled over harassment claims against presidential hopeful Herman Cain.

Nearly half of Americans now approve of how Obama is doing his job, a Reuters/Ipsos poll showed, and unemployment slipped to 9 percent from 9.1 percent -- good news for the president as he faces a tough 2012 re-election fight with the economy as the key issue.

Rare infighting in the Republican Party, usually known for its unity, also benefits Obama. Cain accused fellow candidate Rick Perry's camp of being behind news reports the former pizza executive faced sexual harassment allegations in the 1990s.

"Obviously Team Obama wants the Republican field as large as possible for as long as possible," Republican strategist Ford O'Connell said. "The more they duke it out, the more ammo Team Obama has going into the general election."

Democrats have stayed out of the harassment controversy, focusing on Obama's job-creation plans and keeping campaign attacks on former Massachusetts Governor Mitt Romney, whom Cain replaced at the top of most polls of Republican voters.

"It's clouding the Republican message right now, so that's got to be good news for Democrats and they are quite wisely being very quiet about it," said David Yepsen, director of the Paul Simon Public Policy Institute at Southern Illinois University.

"Napoleon I think said you never interfere with an enemy in the act of destroying himself."

The Reuters/Ipsos poll showed 49 percent of Americans approve of Obama's job as president, up from 47 percent in an October poll. His disapproval rating was steady at 50 percent.

While low, the number of Americans who believe the country is headed in the right direction also rose, to 25 percent from 21 percent.

"The more confused and weak the Republican contenders look, the better their opponent Obama looks," said Ipsos pollster Julia Clark.

WEAKENING CAIN

The November 2012 presidential election looks to be very close. The Reuters/Ipsos poll showed Obama in a statistical dead heat with Romney if the vote were held today and ahead of Cain and Perry by single-digit margins.

The harassment furor has tarnished the image of Cain, who leads in polls of Republicans nationally and in Iowa, which holds the first 2012 nominating contest on January 3. He has given conflicting accounts of whether women got financial settlements and shouted at reporters seeking answers.

"It's devastating," said Democratic strategist Greg Haas, while cautioning that Obama's team will not want the Republican field to narrow too quickly. "Our side has to watch and see that they don't create a situation where they end it fast."

The controversy is an unwelcome distraction from efforts to find one strong Republican contender, just two months before voting starts in the nomination process.

Longer term, it makes the Republicans look bad and could exhaust resources needed to fight Obama.

"The Republicans are trying to avoid a personal, protracted, difficult fight for the nomination. And this seems to be something that's pouring fuel on a smoldering fire inside the party," said Christopher Arterton, a professor at George Washington University who has been a Democratic consultant.

Cain's campaign said his supporters have rallied, giving at least $1 million in donations as the controversy raged. If supporters remain convinced Cain was treated poorly, and they stay home during the general election, it could benefit Obama.

Cain is a favorite of the Republican Party's conservative Tea Party wing, which has not embraced Romney.

Arterton said Cain's supporters could decide not to vote or could back him in a third-party campaign if things stay ugly.

"If Cain's polls go down and his people get very bitter about this, I think you could see the possibility of their deciding that they would mount a campaign in the fall," he said.

(Editing by Alistair Bell and John O'Callaghan)

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/nm/20111104/pl_nm/us_usa_campaign_cain_obama

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Here?s The First GTA:V Trailer And It?s Spectacular

gta-v-logo1Rockstar Games just released the first trailer for the upcoming GTA V game and it's good to be home. Grand Theft Auto V is living large back in the beautiful state of San Andreas. The big city of Los Santos, the lovely ladies, and the fast cars -- it's all there. The game still doesn't have a release date but don't expect it this year. However, there will likely be a steady stream of trailers, teasers and random marketing until it's hyped to unreasonable levels.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/NTiksVo4fII/

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Thursday, November 3, 2011

This 47" Refurbished LG LED HDTV Is Your I-Hope-This-TV-Works Deal of the Day [Dealzmodo]

I like the new-car smell of electronics more than the new-car smell of cars. Why anyone would want to buy something refurbished is beyond me. It's a crapshoot. A russian roulette of fried circuit boards and non-working wires. Spin and shoot and leave it up to fate. Seriously, you have no Idea what you might get. Refurbished could mean scratches! Dents! Or? IT MIGHT NOT EVEN WORK. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/pKLvTNJMlco/this-47-refurbished-lg-led-hdtv-is-your-i+hope+this+tv+works-deal-of-the-day

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Wednesday, November 2, 2011

Video: Where the Markets Are Headed

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Source: http://www.msnbc.msn.com/id/21134540/vp/45114960#45114960

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ASUS' Eee Pad plans: Transformer Prime landing November 9th, two Win 8 tablets coming in 2012

The Transformer Prime, with its quad-core silicon and tasty OS, has rightfully garnered much attention lately. A PowerPoint deck detailing ASUS' Q3 earnings now gives us a peek at its Eee Pad strategy -- confirming the aforementioned Prime's November 9th release date, while also promising two more bot-powered slates in the first quarter of 2012. Of course, ASUS isn't putting all of its eggs in the Android basket, as the same slide reveals that the Taiwanese firm will be getting its first two Windows 8 tablets to market by this time next year. So it seems that there will be an Eee Pad for all, whether you're from Redmond or Mountain View. No need to shove, fellas, there's room at ASUS' tablet table for everybody.

ASUS' Eee Pad plans: Transformer Prime landing November 9th, two Win 8 tablets coming in 2012 originally appeared on Engadget on Mon, 31 Oct 2011 13:36:00 EDT. Please see our terms for use of feeds.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/Oq8rlHaOwoU/

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