Wednesday, October 29, 2008

Business: Delta merger approval days away?

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2 Buckhead rug shops closing
Buckhead shops closing
Two neighboring stores in Buckhead's Shops of Miami Circle Market Center are shutting their doors: Canterbury Antiques and Davar Carpets/Cyrus Fine Rugs. One closing is directly related to the economic downturn; the other is due to a different type of loss - the death of one of its owners.

Production begins at Norcross solar cell factory
Suniva's initial production line is just starting to ramp up, spokeswoman Wendy Rosen said. The company didn't announce when it would reach full-scale production of its solar cells, which are said to bring higher efficiencies and lower cost to the market.

'Recession-proof' Aaron Rents beats estimates
Atlanta-based Aaron Rents, which has 1,585 rent-to-own stores nationwide, beat Wall Street estimates by 4 cents per share in third quarter earnings. Third-quarter net profit rose 32 percent to $21.1 million, or 39 cents per share. Revenue rose 16 percent to $388 million.
EarthLink gains | Sony profits fall 72 percent

Delta merger final approval days away?
Some industry observers say the deal could be granted antitrust approval by the Justice Department in early November, or even earlier, although that could depend on resolving some issues.

916 new jobs coming to Peachtree City, Duluth
NCR, which makes ATMs and self-checkout machines, says the expansion will increase its Georgia work force more than 50 percent over 26 months. The news comes at a time when unemployment in metro Atlanta is up significantly.

Private Quarters
The Wright stuff: Scott and Kim Mills drew on the inspiration of Frank Lloyd Wright when they built their Mountain Park home.
Photos

AT&T Mobility's next growth wave: 'Emerging devices'
Q & A: Ralph de la Vega's expanded role at AT&T isn't cause for him to move from here to the headquarters in Dallas. De la Vega, CEO of Atlanta-based AT&T Mobility, was recently handed the added duty of consumer markets chief for the entire company.

Stocks open lower ahead of Fed rate decision
The market expects policymakers to lower the fedfunds rate by a half point to 1 percent, though there has beenspeculation that smaller or wider cuts are possible.
Hope for rate cut boosts global markets

Pinching pennies? Not these proud pet parents
Companies that sell everything from organic dog treats to couture-inspired pet toys say business is up even as economic indicators show shoppers are pinching pennies during one of the worst downturns in decades.

Christian Science paper to end daily print edition
After a century of continuous publication, The Christian Science Monitor will abandon its weekday print edition and appear online only. The cost-cutting measure makes The Monitor the first national newspaper to largely give up on print.

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Wednesday, Oct. 29, 2008
Hogging The Oxygen

What can $150 million raised in September do for a campaign? Well, for starters, it allows Barack Obama to put the pedal to the metal in the final week of the campaign and make it much more difficult for John McCain to stage what at this point would have to be considered a comeback.

One-day-at-a-time thinking starts to grow in magnitude when there are just a handful of them left and Obama’s financial situation is helping him to suck a little of the oxygen out of the dwindling time. The Democratic nominee will air a 30-minute television ad on three networks tonight – CBS, NBC and Fox. Little official is known about the content of the ad but it’s the first time a major party candidate has taken such a chunk of expensive airtime (Ross Perot did it in 1992).

The ad is likely to draw a large amount of speculation and attention throughout the day and heading into Thursday. On top of that, Bill Clinton will appear with Obama for the first time in the campaign – another sure headline-grabber – and the candidate is slated to hit the Daily Show as well (for those younger voters who might miss the news).

John McCain’s campaign has certainly shown a penchant for stealing away some of the attention Obama gets (remember their “celebrity” ads launched amidst Obama’s foreign trip this summer). But with time so short, the bar of “surprises” rises ever higher and the risk of appearing gimmicky grows.

The timing could hardly be better for Obama to rev things up as glimmers of hope are starting to pop up from McCain’s standpoint. A strategy memo from McCain’s lead pollster Bill McInturff provides some optimistic nuggets for McCain’s prospects and claiming that the Republican has “made impressive strides over the last week,” in their polling numbers. “As other public polls begin to show Senator Obama dropping below 50%,” McInturff writes, “and the margin over McCain beginning to approach margin of error with a week left, all signs say we are headed to an election that may easily be too close to call by next Tuesday.”

McInturff says McCain has been gaining strength among key voting groups like non-college men, rural voters, “soft” Democrats and “Walmart moms” as well as experiencing a “pop” among Independent voters. The sunny outlook is tempered a bit by McInturff’s prediction that turnout is likely to reach record numbers (something generally thought to benefit Obama), but he also predicts that the remaining undecided voters will break heavily for McCain, as they did for Hillary Clinton in the last two months of the Democratic primary.

It’s the kind of race assessment you expect from just about any campaign but the race has tightened just a tad in the last couple of days. Still, momentum is an important factor in presidential campaigns and Obama’s strategy is aimed at trying to make sure McCain doesn’t get any.  In today’s Horserace
.

 

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HPR Daily News Update - Wednesday, October 29, 2008

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DAILY NEWS UPDATE
Wednesday, October 29, 2008
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Hoosier Political Blogs

INDIANA WIRE

Divided Indiana House is up for grabs once again

GOP Gov. Daniels to miss another Palin rally

Attorney General files suit to stop junk faxes

Biden to campaign in Evansville on Saturday

Daniels widens fundraising lead over Long Thompson

New poll shows tight McCain-Obama race in Indiana

New poll finds Daniels ahead of Long Thompson

Coal plant foes seek Daniels' e-mails

NORTHERN INDIANA

Gary Post-Tribune

Visclosky has two challengers in campaign for 13th term

Four will seek to succeed Reed

Final fight on early voting sites coming up

McCain has Highland help

Brewer, Bucko vie for Porter County treasurer

Scheub vows it's his final term if he beats his GOP opponent

Incumbent Smith faces familiar GOP challenger

Times of Northwest Indiana

RBA will go to General Assembly for funding

State agency outlines task for taxpayers

Treasurer reminds public of tax deadline today

GOP chairman complains voter rolls contain the dead

Valpo councilman: Charge VU a fire fee

Knoblock vowed to not seek 2nd term

Veteran, newcomer face off for East Porter school district seat

Gov. hopefuls making final push

ENDORSEMENT: We endorse Reardon, Dobis, Lehe, VanDenburgh

South Bend Tribune

Cut spending, don't raise taxes, remonstrators say

Poll: Puckett trails Donnelly

Voter registration numbers grow

Vote No group files as PAC

McCain, Obama advisers questioned

ENDORSEMENT: The Indiana General Assembly

Fort Wayne Journal Gazette

Souder, Montagano add $41,800 to coffers

Rivals on road for last days of race

Property tax hike inserted in budget

Political activist Fay dies

Lafayette Journal and Courier

County candidates mixed on consolidating commissioners

Re-offenders a concern for judicial hopefuls

Long Thompson touts her Ind. mission

Some ratepayers won't see utility referendum on ballot

ENDORSEMENT: Bennett will bring reform to our schools

CENTRAL INDIANA

Indianapolis Star

IPS bond question left off ballots

Daniels leads fundraising

COLUMN: McCain's selling points lost among GOP fear-mongering

EDITORIAL: Time to bail out of sweetheart legal deal

Anderson Herald Bulletin

Incumbent battles man he beat

ENDORSEMENT: Three Dems best suited for representative

Muncie Star Press

13 more voting machines destined for Delaware County

Mitch Daniels sign at Ball State: It's not an endorsement

Pence, Welsh, Holland debate economic crisis

ENDORSEMENT: Wilson, Bennington our choices for commissioner

Richmond Palladium-Item

9,800 already vote

Randolph voters to fill commissioner, council seats

EDITORIAL: Registration fraud? Let court decide

Terre Haute Tribune-Star

Former Today Show co-host visits Valley to campaign for Obama

GOP Zoeller stops in Valley, touts experience

SOUTHERN INDIANA

Evansville Courier & Press

Republican superintendent candidate to campaign in Evansville

Daniels to campaign in Rockport today

Biden heading to the Tri-State

Gloves off in District 63 race

ENDORSEMENT: For the Legislature

Louisville Courier-Journal

Thousands expected at Palin rally in Jeffersonville

Gillespie, Goodin tackle campaign finances

Clark council OKs '09 budget, differs on property-tax rates

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Sports: Tebow says Dogs loss still bites

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Sports Newsletter

Metro schools dominate semis
Georgia State buys land for football facility
The Panthers' new football-only complex a few blocks from the university, will include a 100-yard turf field, a 50-yard grass field, and a building for offices, training rooms, locker rooms, weight room, etc.
Black colleges:
Is Tuskegee a solid No. 1?
Johnson shines at CAU
Basketball
Is Derrick Favors on brink of college decision?
Arizona's Olson retired after suffering stroke

Gators QB Tebow says loss to Dogs still hurts
Tim Tebow, who last month nearly broke into tears while trying to explain the Gators' loss to Ole Miss, isn't so sure that defeat was harder to take than last year's 42-30 loss to Georgia.
Moreno not worried | Ellerbe returns in time to play Gators
Rename the rivalry | Fan photo gallery: 1 | 2 | 3 | Send your photos
Will winner take it all? Vote.
•Next game: vs. Gators at Jacksonville, 3:30 p.m., Saturday, CBS, 750 AM.
More UGA/SEC news

Tech's Darryl Richard also leads off the field
Here is this week's schedule for Georgia Tech's defensive tackle Darryl Richard: Wednesday, lead town hall meeting for student-athletes; Thursday, help pick Georgia Tech's next president; Saturday, get into Florida State's backfield.
Third downs will be crucial
•Next game: vs. Florida State, 3:30 p.m., Saturday, ABC, 790 AM.
More Tech/ACC news

State Volleyball Championships
Metro Atlanta invitational: Cobb, Fulton, Fayette and DeKalb counties make it tough on the rest of the state to get in the picture for a state volleyball championship. Only three of the 16 teams remaining in the state title chase hail from outside of those counties, and none would be pegged as a favorite heading into the semifinals.
•Semifinals: Thursday-Saturday, at Kell and Marist; Finals: at Marietta.

Falcons' Baker to seek second opinion on hurt hip
The rookie left tackle suffered a hip injury last Wednesday and will miss the next few practices and will not make the trip to Oakland. He's set to visit two hip specialists.
It's back to school for kicker Elam
Next game: at Oakland, 4 p.m., Sunday, Fox, 92.9 FM.
More Falcons/NFL news

Thrashers blanked by Flyers
Mike Knuble can't explain why Philadelphia has dominated the Atlanta Thrashers since he signed with the Flyers as a free agent four years ago. Knuble, Simon Gagne and Joffrey Lupul each scored two goals as Philadelphia earned its 11th straight win over the Thrashers, 7-0.
Thrashers rookie Bogosian hurt
•Next game: at Rangers, 7 p.m., Thursday, SPSO; 680 AM.
More Thrashers/NHL news

Mike Bibby the key to Hawks season
How long the veteran point guard remains at the controls of this team is the $15 million - his salary in this final year of his contract - question. Speculation that the Hawks are just holding on to him until the February trade deadline is just that. Poll.
Get to know the Hawks | 5 questions about the season
New details on OD at home of Isiah Thomas
•Season opener: at Orlando, Wednesday, 7 p.m.; Home opener: vs. Philadelphia, Saturday.
More Hawks, NBA / Dream, WNBA news

Remember the World Series?
Sooner or later, someone will win this World Series, but right now, bad weather is turning the Fall Classic into a Rainfall Classic. Maybe the Phillies and Rays can finish Game 5 tonight. But snow showers are in the forecast.
More Braves/MLB news

Mark Bradley: Loss of Childress dampens Hawks' buzz.
Terence Moore: All's hush-hush on UGA-Florida front.
Jeff Schultz: Baseball's postseason going down in flames.

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