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Why Disney’s All About the GOP

Oct 10, 2012, 12:16 pm EDT
Why Disney’s All About the GOP

Imagine Mickey Mouse with sunglasses and a visor at the World Series of Poker. Maybe you can see Goofy in your mind’s eye at the roulette table shouting, “Mommy wants a new pair of really big shoes, ah-haw-haw!”

Dare I suggest Daisy Duck smoking a stogie and hitting on 17 in blackjack?

If these thoughts seem out of place, then imagine how Walt Disney (NYSE:DIS) would feel at the juxtaposition of these images. Yet despite the oddities involved in these scenarios, they are not the reasons why Disney is donating 90 cents of every dollar to Republican candidates in the state of Florida. Disney wants Republicans in the state legislature because they’ll oppose plans to permit casino gaming in the state of Florida. Read 

Does Obama Even Want Four More Years?

Oct 9, 2012, 10:28 am EDT
Does Obama Even Want Four More Years?

I’ve been mulling President Obama’s abysmal debate performance for the last few days, wondering what was really behind it.

Yes, he was rusty and has been isolated in the Oval Office. And certainly, the president was guilty of complacency, unusually high self-regard and, frankly, disdain for Republican presidential candidate Mitt Romney.

But his performance was such a disaster, down to his body language — his “uhs” and “ahs,” constantly scribbling notes and rarely looking at the camera — that it looked not so much like a defeat as a surrender. Read 

Pew Poll: Romney Takes the Lead

Oct 9, 2012, 10:21 am EDT
Pew Poll: Romney Takes the Lead

Just when things were looking bleak for Republican presidential nominee Mitt Romney, along came the debates to throw him a lifeline. Romney convincingly beat a listless-looking Barack Obama last Wednesday, and now the polls are beginning to reflect Romney’s victory.

According to a Pew Poll done from October 4-7, Romney convincingly won the debate among voters polled by a 3-1 margin. He also received a boost in his likeability measures and on his ability to handle most political issues. Most importantly, though, he pulled into a statistical tie among registered voters and into the lead among likely voters on who they would vote for.

Among registered voters, 46% support Romney, with the same percentage supporting Obama. Among likely voters, Romney leads 49% to 45%. This is a substantial bump from Pew’s previous polls on September 12-16, where Romney trailed 51-42% among registered voters and 51-43% among likely voters. Read 

The Question That Made Paul Ryan End Interview

Oct 9, 2012, 9:54 am EDT

Most of the time, interviews with candidates for political offices are dry and dull, full of sound bites aimed directly at voters. That wasn’t the case yesterday, however, when a reporter from a Mich. ABC affiliate interviewed Paul Ryan.

Ryan, Mitt Romney’s GOP running mate, was talking with a reporter from ABC 12 in Flint, Mich. when the reporter asked Ryan if the United States had a gun problem. Ryan’s response, that the U.S. had a “crime problem”, apparently wasn’t the answer the reporter wanted to hear. He pressed Ryan on the gun problem issue, and the two began arguing briefly over gun laws before Ryan finished his response. “We have lots of laws that aren’t being properly enforced. We need to make sure we enforce these laws.”

He also said the solution to inner city crime was getting citizens out of poverty and teaching them discipline and character through charities, churches, and civic groups. Read 

Intrade’s Presidential Prediction Machine

Oct 9, 2012, 8:00 am EDT
Intrade’s Presidential Prediction Machine

Looking for a good bet? Bet on Barack Obama to be re-elected as president of the United States. And yes, you can legally make that wager. Just make sure you’re getting 2-to-1 odds on an Obama victory.

As of this morning, the users who make up the polling/sampling body of prediction-making website Intrade are saying Barack Obama has a 64% chance of winning 2012’s presidential race. Conversely, Mitt Romney’s odds of being this nation’s 45th president are 36%. And given the site’s past success with picking presidents, I wouldn’t dismiss these numbers lightly. No Bookie Needed

Intrade bills itself as “the world’s leading prediction market,” and it truly is a market in the sense that visitors can buy or sell “shares” — and make or lose real money — in a particular event’s outcome. Intrade has facilitated wagers on the size of the box office for a particular movie’s opening weekend, the Supreme Court ruling on whether Obamacare is unconstitutional, and yes, even presidential elections. Read 

Jobs Report Boosts Obama in a Bad Week

Oct 5, 2012, 12:34 pm EDT
Jobs Report Boosts Obama in a Bad Week

Christmas came early for President Obama in the form of the September jobs report, which might as well have been gift-wrapped and tied in a bright red ribbon.

On Friday, the Bureau of Labor Statistics reported that total nonfarm payroll rose by 114,000 in September, about in line with economists’ predictions and really no great shakes by historical standards.

Still, it will be looked on as a major victory for the president, since the unemployment rate — the true headline number — fell to 7.8%. That’s the first time it’s been below 8% since January 2009, and it puts that critically important number slightly below where it was when President Obama took office. Read 

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