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2010/12/31

Business News for Friday December 31, 2010

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Paul Simon's Kodachrome lament comes true

PARSONS, Kan. (UPI) -- The world of photography was set to turn a corner Thursday as a small shop in Kansas scraps the last Kodachrome film processor still in operation.

Digital photography literally created a race to Parsons, Kan., by pushing film processing into a smaller and smaller corner over the years, The New York Times reported.

This week Dwayne's Photo, the small shop in Parsons, became a dramatic scene of desperate measures as those with film left to process ...

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Is G2 Google a phone company?

MOUNTAIN VIEW, Calif. (UPI) -- Industry analysts said U.S. Internet giant Google was poised, but not ready to open its own telephone company.

Google has been skirting the edges, honing in on the possibility of branching into telecommunications, CNNMoney.com reported Thursday. It has the fastest growing operating system for mobile phones -- the Android system that it provides for free to companies, hence its popularity. It openly competes through broadband with Google Voice, which ...

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Estonia to join eurozone with chins up

TALLINN, Estonia (UPI) -- A sense of pride in Estonia joining the eurozone outweighs the risks, members of the government and of the general population said.

Soon after clocks pass midnight in Tallinn, Estonia, Prime Minister Andrus Ansip plans to use a specially installed cash machine to draw out some cash, which for the first time in the country will be the euro, The New York Times reported Thursday.

To many, Estonia joining the 16 other nations of the eurozone is akin ...

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U.S. markets flat Thursday

NEW YORK (UPI) -- U.S. markets edged lower Thursday despite a sharp drop in first-time unemployment benefit claims, which declined by 34,000 in the week ending Dec. 25.

The four-week rolling average for initial claims dropped by 12,500 to 414,000, and the weekly total of 388,000 first-time claims was the lowest since July 2008.

On Wall Street, markets were essentially flat but trending lower. The Dow Jones industrial average lost 15.67 points, 0.14 percent, to 11,569.71. ...

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More Headlines

Grains pressed by profit-taking Thursday
Gold loses a little sheen
Crude oil prices slide toward $90
Paul Simon's Kodacrhome lament comes true
Honda recalls 18,500 snowblowers
 
 
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