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Monthly Archive August, 2008

Airlines going Wi-Fi

August 8, 2008

Several major airlines are planning to soon start offering Wi-Fi access to their passengers.
On Tuesday, Delta Air Lines announced that will provide broadband access to domestic passengers this fall.
Delta (DAL, Fortune 500) has struck an agreement with Aircell to offer Wi-Fi to laptops, smartphones, PDAs and other devices, according to a statement […]

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Boosting wages: Obama vs. McCain

August 5, 2008

When it comes to stagnating wages, Barack Obama and John McCain agree on one thing: Americans are suffering. And that’s about all they agree on.
The presidential candidates have starkly different plans on how to reverse the years-long slide in workers’ incomes. Democrat Obama’s proposals of creating jobs through government investments are aimed at helping […]

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Bill Miller: Toughest market I

August 2, 2008

Shareholders of the battered Legg Mason Value Trust mutual fund won’t find many answers in manager Bill Miller’s second-quarter letter to investors.
In his note this week, Miller, who famously beat the S&P 500 for 15 consecutive years until stumbling in 2006, deplores market conditions that continue to punish value investors, but doesn’t discuss his […]

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Disney profit beats expectations

August 1, 2008

The Walt Disney Co. says its third-quarter profits surged nearly 9% thanks to revenue growth at ESPN and strong results from its theme park near Paris, where the weak U.S. dollar was helpful.
The family entertainment company said Wednesday that its net profit grew to $1.28 billion in the quarter ending in June, up from […]

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