Archive for March 25th, 2008

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Residential real estate posted another record decline in January 2008, according to a survey released Tuesday.

Treasury Secretary Henry Paulson, saying that the Social Security program is "financially unsustainable," called for quick action to keep the system strong.

Stocks turned higher Tuesday afternoon, with the tech-fueled Nasdaq leading the way, as investors looked beyond the day's dour economic news and scooped up select stocks hit in the recent selloff.

Craig Bramscher wasn't thinking about electric motorcycles when he founded Oregon-based Brammo Motorsports. The 6-foot 4-inch serial entrepreneur and gearhead wanted to create a high-performance car that would accommodate taller drivers.

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In recent months, life seemed to have returned to near-normal at Ford Motor. New CEO Alan Mulally had settled in after 18 months in the job, and the company was well along executing his major objective: integrating the company's global operations.

Dear FSB: We have a medium size cargo company in India with some blue chip clients, good turnover, and a net profit margin of 20% to 25%. To expand and meet our current clients' requirements, we have borrowed money from financial institutions at a 16% annual interest rate.

Mike Arrington tells me he has one wish: He'd like to write about startups. This surprises me since I - and just about everyone else I know - read his TechCrunch blog daily, mainly for his startup coverage.