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14 May 2010 10:55

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Biz: Credit-card makers hit hard by the Senate’s debit-card changes

  • -8.5% decline in Visa’s stock since the Senate passed the changes last night
  • -7.5% decline in MasterCard’s stock; the amendment limits card fees source
  • » Other companies: Visa and MasterCard felt it the worst, but they weren’t alone. American Express and Capital One also fell sharply in trading this morning due to the amendment’s unexpected passage, which limits the fees card companies can charge merchants. It still needs to go through the House as part of the broader financial reform bill.
Posted by Ernie Smith • 0 Comments • Permalink

14 May 2010 10:38

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World: Thailand’s volatile political situation puts journalists in danger

  • 3 journalists were shot and wounded, one seriously, earlier today source
Posted by Ernie Smith • 0 Comments • Permalink

14 May 2010 01:30

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Offbeat, Tech: Domain name sales: Dating more popular than birth

  • $1.75
    million     the amount someone paid for Dating.com at a recent auction of domain names in Florida
  • $6,000
    bucks     the amount someone paid for Birth.net; there’s a pregnancy joke in here somewhere source
Posted by Ernie Smith • 0 Comments • Permalink

13 May 2010 22:37

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Tech: So, yeah, now there’s a Facebook protest on the table. Hoo-ray

See, if we were Facebook, we would’ve registered @facebookprotest on Twitter (and the corresponding domain name) knowing the odds someone would get to it first. source
Posted by Ernie Smith • 0 Comments • Permalink

13 May 2010 22:02

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U.S.: Should we trust the numbers we’ve been hearing from the oil spill?

  • The government has a responsibility to get good numbers. If it’s beyond their technical capability, the whole world is ready to help them.
  • Florida State University oceanographer Ian R. MacDonald • Regarding the numbers the government has been using to explain the growth of the oil leak in the Gulf of Mexico. MacDonald and others claim that the spill has spewed forth far more than 5,000 barrels a day (still very high), and suggest that the method that they used to measure the spill was not designed for spills the size of the uncontrollably-spewing Gulf spill. For its part, oil company BP suggested that the leak could spew as much as 60,000 barrels a day – in other words, an Exxon Valdez worth of oil every four days. Scared yet? source
Posted by Ernie Smith • 0 Comments • Permalink

13 May 2010 21:46

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Music: Andy Rooney of “60 Minutes” officially the oldest man alive

  • “How come I don’t know any of the bands on the Billboard chart? Who’s Lady Gaga?  Where’s my oatmeal? Get off my lawn! And change my Depends!”
Posted by Ernie Smith • 0 Comments • Permalink

13 May 2010 20:59

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Biz, U.S.: The Senate wants to take the bite out of debit-card “swipe fees”

  • 64 senators voted to add the amendment to the financial reform bill
  • 65% of debit transactions
    will be affected by
    the changes
  • yes the bill will allow incentives for those who pay with cash source
  • » The addition, explained: Banks and other financial institutions charge fees for consumers to use debit cards. The fees aren’t significant for big-ticket retail chains but can hurt the bottom line of small businesses or those that specialize in selling lots of inexpensive items (say, 7-Eleven or McDonald’s). These fees can get passed down to the consumer as a result. The bill limits how much those fees can be, but leaves exceptions for banks with less than $10 billion in assets. Credit unions, by the way, are complaining loudly about these changes, in particular.
Posted by Ernie Smith • 0 Comments • Permalink
 

13 May 2010 20:41

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U.S.: “Law and Order” possibly canceled? Say it ain’t so, guys!

  • The show may or may not survive after its 20th season. It’s a show you can seemingly make new plots for without even trying. That’s a characteristic that’s served it well through two decades and multiple spin-offs. But NBC may be ready to move on, according to a Deadline Hollywood report (which NBC is currently keeping mum about). Above, we put the cast of the most classic era. Let’s face it, Jerry Orbach was born to be on this show! While Anthony Anderson and Jeremy Sisto are great, they just can’t hold a candle to this fabulous foursome. source
Posted by Ernie Smith • 0 Comments • Permalink

13 May 2010 11:25

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Tech: Is Research in Motion working on an iPad-competing tablet?

  • YES and it tethers to your phone,
    unlike the iPad source
Posted by Ernie Smith • 0 Comments • Permalink

13 May 2010 11:19

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Politics: Some bizarro hippie has been ripping on Roger Ebert’s cancer

Ebert has long been a critic of the bizarro hippies who gives as hard as he gets, but let’s face it guys, making fun of his condition (as Caleb Howe did) is below the belt. source
Posted by Ernie Smith • 2 Comments • Permalink
 
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