The Industry Standard - Business & Finance - Comments

A net increase of 0.8%

David Kuan — Fri, 09 Jan 2009 14:28:50 -0800

A net increase of 0.8% translates to approximately 1.2M net reduction in non-farm payroll. According to interview with co-founder of PIMCO, it is projected for a net loss of 3M jobs in 2009 (excluding any jobs provided via stimulus proposed by Obama) to raise the unemployment numbers to 9% in the next 12 months. Even in the notorious month of December for layoffs, it only was able to reach a little over 500K. So, IMHO, 1.2M net job loss might be tall order for January (which from historical trend is not an active month affecting unemployment).

That said, there are businesses (catering to consumers) that were possibly holding on to the last hope of a good 2008 holiday shopping season (which did not occur) and may now be at risk of closure or significant cost cutting measures resulting in additional job losses.

The detailed Dec labor

David Kuan — Fri, 09 Jan 2009 13:22:00 -0800

The detailed Dec labor report for those who want to check it out.

http://online.wsj.com/article

Yi-Wyn Yen503469 — Fri, 09 Jan 2009 09:39:40 -0800

http://online.wsj.com/article/SB123146682191166925.html

WSJ.com today reports that Yahoo is close to finding a CEO because it wants to name someone before Q4 earnings are announced.

It just seems to me that the

Joe — Thu, 08 Jan 2009 17:06:36 -0800

It just seems to me that the price of crude and gasoline defies the rules of supply and demand. Other than the suppliers control the supplies and they will demand what price you will pay. It's funny to me that you can watch crude oil prices drop and look at your local gas station and see the gasoline prices stay the same for days and days as the price of crude continues to drop, but, if the price of crude goes up the price at the pump goes up within 2 days. It defies logic and smacks of greed. Then you have the "speculators" and "commodities experts" that try insight panic to drive the price up. How many tropical storms that fizzled out this year caused crude to spike up? I recall a couple of years ago the price of crude and gas went up because 2 Isreali soldiers were kidnapped. Give me a break!!! It's all a bunch of greed, collusion and manipulation and unfortunatly the consumer pays (and now our economy). Frankly, it's kind of nice to hear oil companies not proclaiming yet another quarter of "record profits". I'm sure their profit margins are still intact though.

Regardless of who is on the

David Kuan — Thu, 08 Jan 2009 09:55:21 -0800

Regardless of who is on the list or not, if this Yahoo buyout offer takes place, it won't matter much.

http://kara.allthingsd.com/20

Yi-Wyn Yen503469 — Thu, 08 Jan 2009 09:21:17 -0800

http://kara.allthingsd.com/20090107/new-prospect-for-yahoo-ceo-carol-bar...

All Things D blogger Kara Swisher notes that former Autodesk exec Carol Bartz is being considered for the position. She writes, "Many I have spoken to inside and outside of Yahoo with knowledge of situation said the company is winnowing down its list to a few internal and external candidates and Bartz is a favorite.

While some speculate that Yahoo could announce a candidate sooner than later, it’s long past when Yahoo Chairman Roy Bostock promised some big investors a new and serious leader would be in place."

the very old original imac

oomu — Thu, 08 Jan 2009 07:16:17 -0800

the very old original imac keyboard was correct.

the very first mouse was bad, tough. and they changed it for a lot nicer one.

I always respect Jobs on his

Brian — Thu, 08 Jan 2009 04:06:01 -0800

I always respect Jobs on his salary stance. Compared to many high salary earners on salary list http://www.salarylist.com I think Jobs is really aligning his interest to shareholders.

Yes it will. But that means

Alex — Wed, 07 Jan 2009 16:30:19 -0800

Yes it will. But that means that stocks are going to be decimated and no one will even notice low gas prices because they will be more concerned about losing another 30% for the year in equity!!

http://money.cnn.com/2008/11/

Yi-Wyn Yen503469 — Wed, 07 Jan 2009 15:09:31 -0800

http://money.cnn.com/2008/11/18/technology/yahoo_ceo.fortune/index.htm

David, Thanks for quoting my article. Yahoo suffers from paralysis analysis. Given its past history, it could take Yahoo years to find a strategy. Realistically Yahoo can't afford to go that long without a new CEO.

According to this

David Kuan — Wed, 07 Jan 2009 14:45:04 -0800

According to this article,

"Tech industry watchers are already speculating on replacements for Jerry Yang, but a new chief executive for Yahoo won't likely be named until well into the new year."

"Recruiters say that Yahoo's board must first decide the company's strategy is before it goes looking for a new leader."

If the demand/supply goes

David Kuan — Wed, 07 Jan 2009 14:27:07 -0800

If the demand/supply goes unchecked, it probably seem likely that price at the pump will continue to feel the deflation effect. OPEC will not stand idle when prices free fall.

You got it, David. ;)

Eric Hill812251 — Wed, 07 Jan 2009 14:04:02 -0800

You got it, David. ;)

@Eric, take your time. I do

David Kuan — Wed, 07 Jan 2009 14:03:08 -0800

@Eric, take your time. I do see Yi-Wyn Yen fairly active today. Is she one of the new firepower addition to TIS you alluded to in Team Blog posting?

Bloomberg, Jan. 7: "Oil

Eric Hill812251 — Wed, 07 Jan 2009 14:02:00 -0800

Bloomberg, Jan. 7: "Oil futures tumbled 12 percent, the most in more than seven years, after a U.S. government report showed bigger-than-expected increases in supplies of crude oil, gasoline and distillate fuel as consumption dropped." This will impact the price at the pump.