Diebold To Change Its Name

 Is it possible that John Borland’s story this week about Diebold employees scrubbing the company’s Wikipedia page was the final straw?
Not likely. But today Diebold, a company once known primarily for making safes and ATMs, announced that it has decided to put some distance between it and its beleaguered voting machine division — Diebold Election [...]

US might lose triple A Credit Rating since 1917 – Moody.

The US is at risk of losing its top-notch triple-A credit rating within a decade unless it takes radical action to curb soaring healthcare and social security spending, Moody’s, the credit rating agency, said on Thursday.
The warning over the future of the triple-A rating – granted to US government debt since it was first assessed [...]

Starbucks vs. McDonald’s

Over my morning coffee (a grande nonfat latte), I read the news this week that a battle is brewing between Starbucks and McDonald’s. According to the story, McDonald’s is planning to capitalize on the public’s willingness to pay $4 for a cup of coffee by hiring baristas and dropping espresso machines in 14,000 of their [...]

U.S. Dec. Budget Surplus Hits Record $48.3 billion

WASHINGTON (MarketWatch) — The U.S. posted a record $48.3 billion budget surplus in December, as year-to-date receipts and outlays also hit record highs, the Treasury Department reported Friday. The monthly surplus is a bit higher than the $47 billion estimated earlier this week by the Congressional Budget Office. The December figure is 15% above the [...]

Snow Falls in Baghdad For First Time in 100 Years

BAGHDAD (AP) – After weathering nearly five years of war, Baghdad residents thought they’d pretty much seen it all. But Friday morning, as muezzins were calling the faithful to prayer, the people here awoke to something certifiably new. For the first time in memory, snow fell across Baghdad. Although the white flakes quickly dissolved into [...]