we got it in us

Shots from the Show 10/10

**This post will be updated throughout the show** WaPo: The End Of American Capitalism? Well, yeah, usually when socialism gets a hold of things not only does it end capitalism it also ends the...

Dollar at 17-month low, traders ignore data

Reuters - TORONTO (Reuters) - The Canadian dollar fell to its lowest point in 17 months against the U.S. dollar on Friday as fears of a global recession and weaker commodity prices outweighed some...

U.S. boat maker Brunswick cuts 1,400 jobs; shuts four more plants

The Canadian Press - CHICAGO - Beleaguered U.S. boat maker Brunswick Corp. said it will cut 1,400 more jobs as the company shuts four plants and furloughs workers at three more - the latest round of...

Crude oil plummets below US$80 a barrel on global slowdown fears

The Canadian Press - NEW YORK - Oil prices plummeted below US$80 a barrel Friday as fears of a severe global economic slump provoked a panicked sell-off.

American trade deficit shrinks to $59.1B in August as oil imports fade

The Canadian Press - WASHINGTON - The U.S. trade deficit shrank slightly in August, reflecting a drop in inflows of foreign oil from record levels.

MDI's AirCar get a new name, now called the FlowAIR

Filed under: Emerging TechnologiesWe've already been scolded this year not to call the air car the Air Car. The nomelclature is not getting any easier, but hopefully we've reached the last rebranding...

General Electric quarterly profit fades to US$4.3B, hurt by financial arm

The Canadian Press - FAIRFIELD, Conn. - General Electric Co., which makes everything from jet engines to water treatment systems and owns NBC Universal, said Friday its third-quarter profit fell 22...

European central banks offer US$120 billion cash to markets

The Canadian Press - FRANKFURT, Germany - European central banks offered another US$120 billion in overnight cash to markets Friday, in an effort to keep a strained financial system flush with...

What it would take to trigger a U.S. stock market timeout

The Canadian Press - NEW YORK - As harrowing as the U.S. stock market's plunges have been in recent days, they still haven't been enough to trigger the "circuit breaker" mechanisms that result in an...

Price of oil plummets below US$83 on global slowdown fears

The Canadian Press - LONDON - Oil prices plummeted to a one-year low below $83 a barrel Friday in European trading as investor fears of a severe global economic downturn caused by the crisis in...