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Daily Archives: June 28, 2009

Is Google Really in a Competitive Space?

New York Times: “Google handles roughly two-thirds of all Internet searches. It owns the largest online video site, YouTube, which is more than 10 times more popular than its nearest competitor. And last year, Google sold nearly $22 billion in advertising, more than any media company in the world.”

  • See also via ZDNet and ConsumerWatchdog.org: “With Justice Department scrutiny over the Google Books Settlement only the the leading edge of antitrust regulators’ attention to Google, the company has launched a dog-and-pony show dedicated to combating the impression that more control is needed. In a presentation (PDF) acquired by Consumer Watchdog, Google public affairs lead Adam Kovacevich argued that Google is anything but anti-competitive. Its success comes from “learning by doing,” the presentation says.”
  • BEA: Personal Savings Rate

    WSJ: “U.S. consumers are saving more of their incomes than any time since 1993 — a major shift toward frugality that’s expected to be one of the lasting effects of this deep and lengthy recession.” U.S. Bureau of Economic Analysis – Personal Saving Rate, updated Thursday, June 25 2009. LA Times: “Americans’ savings rate jumps,… Continue Reading

    Federal Reserve offers $150 billion in 28-day credit through its Term Auction Facility

    News release: “On June 29, 2009, the Federal Reserve will offer $150 billion in 28-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation A, and the terms and conditions of the Term Auction Facility. Related postings on financial… Continue Reading

    Who Runs Gov Database from the Washington Post

    “Who Runs Gov offers a unique look at the world of Washington through its key players and personalities. Our site will feature profiles of a select group of government officials, including members of the new presidential administration, legislators, senior Congressional aides and committee staff, and experts at think tanks and interest groups who influence how… Continue Reading

    Census Bureau Reports Increase of Nearly 1 Million Nonemployer Businesses

    News release: “The United States added nearly 1 million nonemployer businesses between 2006 and 2007, bringing the total to 21.7 million, the U.S. Census Bureau announced today. This 4.5 percent growth rate is detailed in Nonemployer Statistics: 2007, an annual data series on businesses without paid employees.” Related postings on financial system Continue Reading

    Report Provides Blueprint for Communities to Tackle Global Warming

    News release: “The most authoritative report providing a blueprint for how communities can tackle global warming was released by the California League of Conservation Voters Education Fund and the Natural Resources Defense Council. The report is a guide to California’s Sustainable Communities and Climate Protection Act, or SB 375, the nation’s first legislation to link… Continue Reading

    UNODC Releases 2009 World Drug Report

    UNODC Releases 2009 World Drug Report: The United Nations Office on Drugs and Crime has just released the 2009 version of its annual drug report. The Report was launched in Washington, D.C., by UNODC Executive Director Antonio Maria Costa and the newly appointed Director of the United States Office of National Drug Control Policy, Gil… Continue Reading

    CDC Introduces New Website to Help Employers Combat Obesity and Reduce Health-Related Costs

    “The Centers for Disease Control and Prevention (CDC) unveiled LEANWorks!, a Website designed to help businesses address obesity. LEAN stands for Leading Employees to Activity and Nutrition…The free Website was developed particularly for small and mid-size companies, which typically have more limited resources to devote to obesity prevention efforts. However, the tools and resources available… Continue Reading