China to censor InternetChina will censor the Internet used by foreign media during the Olympics, an organising committee official confirmed Wednesday, reversing a pledge to offer complete media freedom at the games.“During the Olympic Games we will provide sufficient access to the Internet for reporters,” said Sun Weide, spokesman for the organising committee.He confirmed, however, that journalists would not […]

Blockbuster
Blockbuster has taken back its billion-dollar bid for electronics chain Circuit City. Weak sales and stiff competition are partially to blame. Amy Scott reports Circuit City may still be looking for a buyer.
I have thought for a while that Blockbuster expanded too rapidly.  I have also read that Starbucks is feeling the crunch and they […]

Time to start counting food and gas costs
The core inflation rate doesn’t include gas and food prices. But if you add those products to the report for last month, consumer prices shot up 0.6% — the biggest increase since November. That’s why some economists say it’s time to stop ignoring them. Nancy Marshall Genzer reports.
I […]