China unveiled yesterday (Sunday) what it described as a “massive” economic stimulus package – a planned capital infusion of $586 billion that it plans to use to reverse its slowing growth, to loosen credit and to offset slowing global growth by stoking domestic demand.

Xinhua, China’s state-run news agency, said yesterday that the stimulus package represents “a shift long advocated by analysts of the Chinese economy and by some within the government. It comes amid indications that economic growth, exports and various industries are slowing.”

The decision was announced yesterday by the State Council after Premier Wen Jiabao presided over an executive meeting Wednesday. China reported in late October that its economy grew at a less-than-expected rate of 9% in the third quarter – the fifth straight quarter than growth has slowed, MarketWatch.com reported.

“As the global outlook deteriorates, we expect Chinese macro policy to turn increasingly aggressive,” Merrill Lynch

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China unveiled yesterday (Sunday) what it described as a “massive” economic stimulus package – a planned capital infusion of $586 billion that it plans to use to reverse its slowing growth, to loosen credit and to offset slowing global growth by stoking domestic demand. Xinhua, China’s state-run news agency, said yesterday that the stimulus package represents “a shift long advocated by analysts of the Chinese economy and by some within the government. It comes amid indications that economic growth, exports and various industries are slowing.” The decision was announced yesterday by the State Council after Premier Wen Jiabao presided over an executive meeting Wednesday. China reported in late October that its economy grew at a less-than-expected rate of 9% in the third quarter – the fifth straight quarter than growth has slowed, MarketWatch.com reported. "As the global outlook deteriorates, we expect Chinese ...

Siemens Settle Bribery Charges for $1.3 Billion; Google Walks From Yahoo; Enbridge Channels 88% Profit Growth; FCC Approves Sprint-Clearwire Merger; GMAC Finance Revenue Stuck in Reverse; Time Warner Revenue Unchanged; Molson Coors Pops; News Corp. Profit Down 30%

Siemens AG (SI) put aside nearly $1.3 billion to settle charges that it bribed government officials around the world to win contracts. The concessionary provision will affect earnings for the year ended Sept. 30, Bloomberg reported. Internet titan Google Inc. (GOOG) announced Wednesday (yesterday) that its wariness for antitrust-related legal battles ultimately killed discussions ...

The above is a spoof of what the Yahoo home page might look like if Microsoft took over Yahoo. Can you see where to log into Yahoo mail? Can you see where to do a web search?It may sound heresy to say this, especially since I own Yahoo (YHOO) at a loss, but maybe it is just as well that the company didn't get taken over by Microsoft (MSFT), which I also own. Have you looked at the Vista operating system? No wonder so many companies are unwilling to upgrade. Or even Office 2007. Have you upgraded from 2003? Do you like losing all the menus? Have you tried looking for Headers and Footers in Microsoft Word 2007? Have you tried looking for cell borders in Excel 2007, or tried doing charts the old fashioned way? Why would Microsoft ...

Nicole Kidman is the most overpaid actress in Hollywood, according to a recent report by Forbes Magazine.Components of the Nicole Kidman Stock Index: News Corp. (NWS-A) which owns 20th Century Fox, distributor of the movies Australia and Moulon Rouge! in which she won a Golden Globe Award for Best Actress. Appeared in commercials for SKY Italia is an Italian digital satellite television platform owned by News Corporation. Time Warner (TWX) Warner Brother's which distributed Margot at the Wedding, The Invasion, Happy Feet, in which she did a voiceover, Eyes Wide Shut, Fur, plus the New Line Cinema division's The Golden Compass.Sony (SNE) Columbia Pictures distributed the movies Bewitched and Dogville.Viacom (VIA-B) Paramount Pictures distributed Margot at the Wedding, The Stepford Wives, and The ...

CrowdGather (CRGW) is an Internet company that operates Web forums, message boards and other social outlets that link people together in a similar fashion to that of larger rivals Facebook.com and Myspace.com. The company will be launching an online search engine as one of its primary lines of business. CrowdGather is also developing a Centralized ID Management Tool designed to link topical forums in a central location. The California-based company’s revenues and profits will be primarily generated through online advertisements.

CrowdGather’s management team has extensive experience in online and traditional media, with current executives having logged time at media giants such as LionsGate, Playboy, Yahoo! and America Online. The company went public in April of this year and currently has about 5,000 shareholders. CrowdGather was formerly known as General Mayhem LLC and was founded in 2004. Currently, there are nine full-time employees.

It is speculated that CrowdGather’s unique technologies could be a

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Three top celebrities, Gisele Bündchen, Heidi Klum, and Angelina Jolie, all of which had celebrity stock indexes created by Fred Fuld at Stockerblog.com and implemented a Stockpickr.com, have had their indexes updated and compared to the Dow Jones Industrial Average. The one thing that these three women have in common, other than the fact that they are wealthy, successful celebrities [two supermodels and one movie star who was also a model], is that all three of their indexes have outperformed the Dow over the last six months.Their indexes are based on the companies that they are connected to in some way, such as acting as celebrity spokesperson. Over the last six months, Gisele Bündchen's index was up 1.6%, Heidi Klum's index was down only 0.7%, and Angelina Jolie's index was down 10%, yet all were better than the Dow which was down 10.3%. ...