Recent Posts

Martha Stewart Loss Narrows, Ad Sales a Problem

NEW YORK – Martha Stewart Living Omnimedia Inc. (MSO), whose founder is trying to mount a big comeback after getting out of prison, posted a first-quarter net loss Tuesday and forecast more losses in the second quarter. The company is seeing some improvement at its flagship publishing business, which has …

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Report: Colombian President Would Consider Immigrant Tracking With Microchips

BOGOTA, Colombia – Comments attributed to Colombia’s president that microchip implants could be used to track Colombians working temporarily in the U.S. drew attention — and criticism — Thursday. The alleged statement by President Alfaro Uribe dismayed some Colombians after it appeared in Colombian newspapers. “It would be a blatant …

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Saudi Minister: Crude Oil Prices Too Costly

WASHINGTON – Saudi Arabia’s oil minister said Tuesday that currently high crude oil prices are of no long-term benefit to either producers or consumers and contribute to market instability. “Energy security cannot be sustained when prices are extreme — too high or too low,” Saudi Oil Minister Ali al-Naimi said …

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