Stocks churn in afternoon session - CNN Money NEW YORK (CNNMoney.com) — Stocks churned Wednesday afternoon as investors weighed lower oil and gasoline prices with a slew of quarterly financial reports. “When you look at cheaper oil and better-than-expected earnings, there’s the momentum at
US STOCKS-Wall St little changed; financials rally fizzles - Reuters NEW YORK, July 23 (Reuters) - U.S. stocks were little changed on Wednesday after a rally in financial stocks ran out of steam while technology shares pared early gains. Home finance stocks Freddie Mac (FRE.N: Quote , Profile , Research , Stock Buzz
US STOCKS-Stocks slip on oil, drugs; Apple, Amex drop late - Forbes NEW YORK (Reuters) - U.S. stocks slipped Monday, as oil turned higher after last week’s sharp drop and Merck and Schering-Plough hurt the pharmaceuticals sector. But dismal results after the bell from a raft of companies, including American Express
Airlines stocks come off oil-related highs - CNN Money NEW YORK (CNNMoney.com) — Airline stocks on Wednesday lost much of their gains from earlier in the session as oil prices - the industry’s greatest burden - moved off their lows. AirTran Holdings ( AAI ), the parent company of AirTran Airways, led
China Stocks Decline for Second Day; Shenhua Energy Retreats - Bloomberg July 23 (Bloomberg) — China’s stocks fell, pulling the benchmark lower for a second day, led by energy producers after crude oil dropped. China Shenhua Energy Co., the nation’s largest coal producer, and Shanxi Coking Co. slumped on concern demand
HEADLINE STOCKS-Some U.S. stocks on the move on July 23 - Reuters The world’s largest restaurant chain posted a higher-than-expected second-quarter profit on Wednesday, boosted by strong overseas sales. [ID:nN23396407] McDonald’s shares initially rose as much as 1.3 percent on the New York Stock Exchange, but lost
Sector Snap: World wide web stocks advance - CNBC NEW YORK - Shares of big World wide web companies, including Yahoo Inc. and online search leader Google Inc., inched higher Wednesday even though Yahoo’s second-quarter profit fell shy of Wall Street’s expectations. Shares of on the web retailer Amazon.com
Commods lift Europe shares; HSBC up on stake speak - Reuters LONDON, July 21 (Reuters) - European shares were higher midday on Monday, led by oil stocks tracking higher crude prices and by HSBC (HSBA.L: Quote , Profile , Research , Stock Buzz ), which gained on a report that a Chinese sovereign wealth fund
Stocks mostly rise following drop in oil prices - NPR News NEW YORK July 23, 2008, 01:44 pm ET · Stocks were mostly higher Wednesday as another decline in oil prices and several upbeat profit reports eased some of Wall Street’s concerns about the economy. Investors believe that a sustained easing of oil
Most U.S. Stocks Gain on AT&T, Yahoo Earnings; Boeing Retreats - Bloomberg July 23 (Bloomberg) — Most U.S. stocks climbed for a second day after earnings reports from AT&T Inc., Pfizer Inc. and Yahoo! Inc. eased concern that the yearlong profit slump will worsen. AT&T, the carrier for Apple Inc.’s iPhone, sent telephone
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Oil profits flow chiefly to investors, not exploration - Concord Monitor As giant oil companies like Exxon Mobil and ConocoPhillips get set to report what will probably be another round of eye-popping quarterly profits, just where is all that money going? The companies insist they’re trying to find new oil that might help
Children charged $50 for photo with Michael Clarke and baggy green - News.com.au A BRISBANE Catholic school plans to charge children $50 to have their pic taken with cricketing star Michael Clarke and his baggy green cap at their fete. Clarke and fiancee Lara Bingle will attend the St Columba’s Primary School fete on August 2 in an
Health care trusts told they have to build polyclinics - Daily Telegraph Some Primary Care Trusts believe that opening a new facility could stretch their resources and even “jeopardise” patients capability to see GPs during the day and out of hours. Earlier this year more than 1.2 million patients signed a petition organised
Gas prices tax government as highway fund runs short - Boston Globe WASHINGTON - Soaring gasoline prices are hurting Uncle Sam in the wallet, too. As motorists cut back on their driving and buy more fuel-efficient vehicles, the government is taking in less money from the federal gasoline tax. The result: The principal
Blagojevich sits on bill while raking in money - Northwest Herald SPRINGFIELD – While Illinois legislators took action against the state’s “pay to play” reputation, Gov. Rod Blagojevich took donation after donation from people who stood to gain financially from his administration. During the first half of
Love life, money questions are out in Beijing etiquette guide on - Newsday BEIJING (AP) _ Questions about salaries are out. Ditto queries about the age of a foreigner visiting Beijing for the Olympics. And an inquiry about someone’s love life? Forget it. These are part of the “Eight don’t asks” displayed on posters in a
Food stamp use soars in Mass. - Boston Globe Massachusetts, which earlier this decade had the lowest percentage of eligible residents using food stamps, now has the fastest-growing food-stamp program in the country, a dramatic turnaround that state officials attribute to soaring food prices and
China Must Improve Yuan Management to Curb Hot Money (Update2) - Bloomberg July 23 (Bloomberg) — China needs to superior manage its exchange rate to curb accelerating inflows of “hot money” that pose a threat to the economy, the finance and economic committee of the nation’s legislature said. The country needs to counter
Godfather of the housing business - Glendale News-Press Roobik Ovanesian has developed hotels, senior housing projects and public storage facilities, resulting in him amassing a portfolio of more than $500 billion. His fortune has granted him to reside in a historic mansion at the entrance of Brand Park
Firefighting burns money, manpower - Idaho Statesman Smokejumper Larry Wilson leaps from the airplane as jump partner Elysia Ewing’s parachute begins to open below. Members of the McCall Smokejumpers based in McCall, Idaho made the training jump near McCall while preparing for the 2008 fire season
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Posted by: in Your Business
My husband started at his new part-time job a couple of weeks ago. It’s a small place, and they don’t have a cafeteria, so he decided to begin taking his lunch. Part of his decision was the high cost of lunches, and I agree. I still eat in the cafeteria at work, and I spend up to $6 a day for lunch (it’s subsidized), usually a salad or a sandwich and a drink.
It looks like lots of other Baby Boomers have the same idea. A recent Wall Street Journal article stated more and more people are taking lunches to work to save money. The brown bags now in our kitchen are testament to at least one example.
How about you? Are you packing your lunch to save money? What else are you slicing back on?
Tags: baby boomers, financial cutbacks, money-saving ideas
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Filed under: Estates
 I love the Hilton & Hyland listings because there area always so many photos to let you really get a comprehensive look at the place. Today’s home belongs to L.A. Galaxy coach Ruud Gullit. The former soccer star has listed his home in the Hollywood Hills for $4.25 million. This one, built in 1937, has a lot of charm. It’s located on a private knoll in West Hollywood and is positioned for lovely views of the city below. It has a step-down living room with a wood-burning fireplace that opens to an outdoor pool and spa area which has a covered lounging cabana at the opposite end of the pool. The home has been remodeled with a new kitchen and a beautiful master bedroom suite with a steam shower, sunken bathtub and French doors that open onto a balcony overlooking the city. There are four bedrooms and five bathrooms total in this home. I suspect this one will go swiftly, it’s absolutely move-in ready.
[via LA Times Hot Property]
For more prime properties and lush locations, see Luxury Homes and Mansions.
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Speaking of coaching (as I was last week), I know several people who have parlayed successful careers into nice “retirement” jobs as coaches. People with lots of life experience can make great coaches, helping people over the rough spots of business and personal life.
If you are interested in learning more about coaching, check out the International Coach Federation or CoachU (CoachU was founded by Thomas Leonard who they state is the “father of coaching,” in 1992). Most coaches these days are credentialed, meaning they’ve passed a series of courses to learn how to coach effectively. Sure you can do it yourself, but the credentials make you more credible, and they give you more information and, yes, coaching, than if you were to start out yourself.
The International Coach Federation has a list of “core competencies” for coaches, including:
- Ethical actions - You are learning intimate details of people’s lives, and you must treat them with dignity and respect.
- Integrity, as in doing what you say you’ll do, showing up when you’re supposed to (by phone or in person), making sure your actions support your credentials.
- An capability to get people to Know-Like-Trust you. The trust part is obviously crucial.
- Excellent communication skills, including active listening and being a “powerful questioner.”
- Fantastic coaching skills, like an capability to create an awareness (my term “urgency”) in the client, skills in helping people craft goals and plans, and then tact and persuasiveness in making sure they’re accountable.
The accountability thing is probably the most difficult, since it means you have to be firm with people. They won’t grow and change unless you hold them accountable. That’s why they’re paying you the massive bucks. There’s lots more on web page, if you’re interested.
Tags: baby boomers, coach federation, coaching, life coaches, success coaches
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Minority-owned business sues Cardinal Health - Chicago Tribune
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Posted by: in Your Business

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I love coffee, and I’ve been drinking it for many years. A few years ago, I switched to decaffeinated, trying to cut out caffein. Then I heard about the decaffeination process, and the chemicals that are used in this process, so I decided to cease drinking coffee altogether. This was tough, and I went through some withdrawal. I started drinking green tea, which is probably better for me anyway, but I still missed my coffee.
Then I found out about a more “natural” decaffeination process that uses water instead of chemicals. I went to a local farmers market where a local company named Cafe del Sol was selling the water-decaffinated process, and the coffee was great. Now I’m back to drinking decaffinated coffee.
If you want to find naturally decaffinated coffee, look for the terms “naturally decaffeinated” or “Swiss decaffeinated” (the Swiss process uses activated charcoal or carbon filters.)
There are probably lots of local coffee brewers like mine. Maybe you can find one, or order off the Internet. If you know of a good natural coffee company, let me know.
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Posted by: in Your Business
Like all business owners, baby boomers are dealing with the current financial mess in different ways. Here are some suggestions for you, depending on your degree of optimism and your risk tolerance:
1. Restrict your cash flow and focus on essentials. Decide what is essential for your business and what’s nice to have but not essential. For example, this isn’t the time to remodel the reception area. As they say, “stick to your knitting.”
2. Find small savings. Those tiny things can add up. For example, do you really need those fancier new pens or will an older one do?
3. Cut employees. Before you state, “No way! I need everyone,” remember Parkinson’s Law: Work expands to fill the number of people available to do it. I know it’s tough to lay off people, and there may be some creative ways to keep some of them, but take a hard look at your work force and decide if you really need all of them. Then bite the bullet and do what needs to be done.
4. Find a new market. This idea might be more feasible for some than others. Think creatively about new uses for your products or new types of people who might want your services. Also think broader, geographically. It might cost more to market more broadly, but it may pay large.
5. Go on the internet. Can you sell your products online? Can you market your services through a website? You can save on “bricks and mortar” if you can use a website for marketing and selling.
6. Downsize. Remember the 80/20 principle (80% of your business comes from 20% of your products). Cut those unproductive products and focus on your best sellers.
7. Expand, beef up sales. If you’re an optimist, and you’re in the right market, this might be the time to purchase, expand, expand. Some of the biggest fortunes in America were made by people who took advantage of the stock market crash.
What ideas do you have for dealing with these tough times? What have been your experiences?
Tags: baby boomer businesses, cash flow, credit crunch, optimism, small busiensses
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The video above shows an interview of efficiency expert Julie Morgenstern saying that you shouldn’t check email in the morning. Even though others have suggested this, including Tim Ferriss, I can’t say I’ve successfully tried it to the point that it was permanent.
How often do you check email? Do you find any difference in your productivity when you check your email first thing in the morning when you get to work?
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Out of the available keyboard layouts, the Qwerty layout is used most often in the western world. But there’s always been this rumor that one of the other alternatives, the Dvorak layout, is actually more efficient. Apparently, it can make you type faster with higher accuracy.
Before we address the truth of this rumor, let’s recall what the Dvorak layout actually looks like. I found a Dvorak keyboard layout comparison with Qwerty. But the first layout pictured on the page is actually just 1 of 3 available Dvorak layouts - the two-handed layout:

Image Credit: Wikimedia
The other available layouts (the second and third image) are for one-handed use, one for lefties and another for righties (and no, I don’t mean politics).
Why do people say the Dvorak is more effective?
- According to some studies, such as this one by Stephen W. Hobday, the Dvorak layout grants you to type faster because the most widely-used letters of the alphabet are loaded in the middle-row, which is the ‘home’ row where your fingers are supposed to rest when you’re touch-typing.
- History recommends that the Qwerty keyboard was actually developed to slow down typists to prevent jamming a typewriters typebars - which is no longer applicable to today’s computer keyboards. Dvorak fans state that we’re just stuck with Qwerty out of habit, even if technology has moved on. (Also,the same paper says that typewriter manufacturers E. Remington and Sons made a few tweaks to the original Qwerty layout so that their salespeople can type the word “type writer” from the first row.)
If that’s the case, why do people still use Qwerty?
- Qwerty enthusiasts often quote a paper by Liebowitz and Margolis, where they say that the first study proving that Dvorak keyboard was more efficient (which was conducted by the US Navy) had a flawed methodology and was therefore unreliable.
- It’s just the standard. Learning how to type on the Dvorak keyboard will be time-consuming for the individual (who has likely grown up learning Qwerty all her/his life). For businesses, making the switch will cost some time and money for retraining. With that in mind, we lack in concrete studies showing a sizable rise in efficiency as the result of going Dvorak. In other words, no one is completely sure that it’s worth it.
So what’s everyone else saying?
Let’s go back to the first page I linked to, where, if you scroll down further, you’ll find a heated discussion from various readers about Qwerty vs. Dvorak. You’ll see that many people have tried it have different opinions, and the ones that really struck me I’ve summarized here:
Even if you’ve learned Dvorak, you might still be forced to use a Qwerty keyboard on some instances. When you do, you’ll have to momentarily retrain yourself to remember typing on a Qwerty keyboard if you’re so used to the Dvorak setup already.
- This Dvorak vs. Qwerty discussion is generally applicable only to people who usually write in English. Other languages might have a more optimal keyboard layout, depending on what letters they use often.
- In a Dvorak setup, you spend 50% of your time on the home (middle) row, while on the Qwerty setup, you only spend roughly 27% of the time on the home (middle) row. This would make the Dvorak setup easier on your hand joints, because your fingers tend to stay on the same row half the time.
- Unlike the prevalent perception, it doesn’t cost any money for the individual to switch to Dvorak. You don’t need a new keyboard, you just need to reprogram your current one (click here for instructions). Also, it’s fairly simple to learn.
I also like this quote from Nicholas Thompson’s article over at Slate:
But to win mass approval, a new technology doesn’t have to be just better than an entrenched competitor; it has to be so much better that switching over outweighs staying put.
My personal verdict: In the end, it seems like the Dvorak layout has some important improvements over Qwerty, such as the prevention of RSI (repetitive strain injury). The numbers that the people are throwing around also show that it can make you a faster typist, but that probably depends on how good a typist you are in the first place anyway. Also, unless I have the ability to be at least 30% faster, I don’t think it’d be worth it. Besides, my current typing speed doesn’t lag that far from my thinking speed - what’s the point of typing faster than you can think?
Another important point is that technology is changing really fast. The use of handheld computers and cellphones grant people to type just by using their thumbs. The size of these gadgets alone should make a difference on what keypad layout is optimal for them. Also, I’ve been trying out Dragon Naturally Talking, which is a pretty good voice recognition program. In fact, I’ve written a few emails and blog entries without typing anything. If this technology improves, we’ll have more options when it comes to input devices - although they won’t necessarily make keyboards obsolete.
I guess there’s really an optimal computer keyboard out there, which will give us good speed, less carpal tunnel syndrome, and higher accuracy. The Dvorak seems to come close, but I doubt it’ll be adapted by the majority of the typing market anytime soon. Personally, I might try it myself - if only because I want to take care of my typing hands.
What keyboard layout do you use? Have you tried several kinds? If you’ve only used Qwerty, have you ever thought of trying Dvorak or other alternatives?
Photo Credit: Image from Ginny Austin from stock.xchng
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