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| The Dow Jones and Nasdaq soared Thursday on news that tech leader Microsoft expects to get over quarterly revenue estimates.The rally allowed Wall Street to build on momentum from earnings reports from Yahoo! and Motorola which were weak but better than expected.The announcement cheered investors, although both Motorola and Yahoo revealed that a business recovery has yet to happen. Some analysts were more cautious."This turns on the heels of an fairly significant sell-off out there, so I think these gains are just a reaction to some good news," said Nick Sargen, global market strategist at JP Morgan Private Bank. "It's excessively early to say this is a turnaround in the market."Meanwhile, the Labor Department said new claims for state unemployment insurance jumped yesterday to the highest level in nine years. Analysts attributed a number of the increase to temporary shutdowns within the auto industry which occur annually as assembly line is retooled. Click on the following links for
More on the history of America's stock markets.The most recent numbers from Wall Street.An internal guide to how the Fed works.Updates on major layoffs. But the good vibes from your tech sector boosted stocks anyway, together with the Dow Jones closing up 237.90 at 10,478.90, the Nasdaq gaining 103.64 to two,075.68 and the Standard & Poor's 500 rising 28.29 to at least one,208.47.Microsoft led the rally, rising $4.94 to $71.44 as soon as the software maker said its fiscal fourth-quarter revenue would come in above expectations.Yahoo and Motorola, which reported quarterly results slightly before expectations, advanced despite indications that business could be weak in the coming months. Yahoo posted following your close Wednesday a first-quarter profit from operations of a penny a share, surpassing Wall Street's lowered expectation for the breakeven quarter. But Yahoo said in the conference call that an advertising pickup isn't expected until the middle of 2002.Motorola announced 4,000 new layoffs, brining total job cuts this season to 30,000.Given that the Federal Reserve has cut rate of interest cuts six times in 2010, investors are increasingly planning to corporate profitability and gratification as the best indicator how the weakened economy is reviving.Employmenttr> CBSNews.com's online help guide to help you Get a Job.The market is especially interested in we have sector, which has taken the biggest beating over the last year as Wall Street punished firms that failed to deliver profits or at best the potential of profitability.This news from Yahoo and Motorola gave the impression to boost investors' confidence that this business environment was a student in least stabilizing.But Wall Street always buys on companies' future, instead of immediate, performance. In this case, investors are buying stocks that they can think will pay off inside the six to Twelve months, so immediate answers are less important than the look down the road.Some market experts believe gamble may be premature."Companies are still saying there's no visibility about when things will improve," said Phil Dow, managing director of equity strategy at Dain Rauscher Wessels. "We will see an economic turnaround by the 1st half of next year, and not before then."©MMI, CBS Worldwide Inc. All Rights Reserved. This fabric may not be published, broadcast, rewritten, or redistributed. The Associated Press and CBS MarketWatch contributed to this report mulberry uk outlet Former Secretary of State Colin Powell has expressed reservations about President Bush's embattled nominee for U . n . ambassador in conversations with two key GOP senators, in accordance with published reports.The Washington Post, citing unidentified Republican sources, said Powell had described John Bolton as an intelligent but problematic government official in conversations with Sen. Lincoln D. Chafee, R-R.I., and Sen. Chuck Hagel, R-Nebraska.Both guys are members of the Senate Foreign Relations Committee, the panel that is certainly weighing Bolton's confirmation.Separately, The newest York Times reported that Powell had raised concerns about Bolton's harsh treatments for subordinates while he was a State Department official.Both newspapers said Powell's warnings about Bolton have been mixed with praise for his performance on some matters.Powell was the one former Republican secretary of state who failed to sign a letter of support for Bolton that's sent to the committee chairman, Sen. Richard Lugar, R-Ind.Despite growing difficulties with the nomination, the White House has remained firm in its backing of Bolton."He could be the right man on the right time for this important assignment. I urge the Senate to set aside politics and confirm John Bolton to the Us," President Bush said Thursday.Mr. Bush blamed partisan bickering within the nation's capital — "where sometimes politics gets when it comes to doing the people's business" — for the difficulties Bolton's nomination has encountered. Those difficulties increased on Thursday among the president's former ambassadors told CBS News Correspondent Gloria Borger that Bolton was less than truthful as part of his recent confirmation hearings. The episode involves a speech Bolton gave in Columbia in the summer of 2003, by which he said, "For many in North Korea, every day life is a hellish nightmare."When inquired about the hard-line speech, Bolton said Ambassador Thomas Hubbard had approved it."I let you know what our ambassador to The philipines, Tom Hubbard, said following your speech. He said, "Thanks a good deal for that speech, John. It'll help us a lot out here.'" That's not what Hubbard says. In reality, the ambassador told CBS News that he specifically objected to the tone with the speech and actually think it is unhelpful in dealing with North Korea. "I told the committee if you're basing your vote on his (Bolton's) assertion that we approved his speech, that's not true," Hubbard said.As there are more. Hubbard also told CBS News about Bolton's explosive temper, recalling how Bolton slammed the phone down after learning he couldn't get a meeting he wanted. Then Bolton backed beyond a dinner in his honor that night. "The temperament was on show," the ambassador said. The Senate Foreign Relations Committee agreed Friday to keep a vote on Bolton's nomination on May 12. The GOP-led panel will examine roughly a dozen allegations of abusive or high-handed behavior by Bolton, having an agreement to complete that really work by May 6, said Andy Fisher, a spokesman for committee chairman Lugar. There won't be any plans to ask Bolton to go back for more questions.Lugar was instructed to postpone a vote scheduled for last Tuesday when it became clear he had lost an essential GOP vote. harrods mulberry Hurricane Rita's steady rains sent water pouring through breaches in a patched levee Friday, cascading into one of the city's lowest-lying neighborhoods within a devastating repeat of latest Orleans' flooding nightmare. But levees on other canals were holding their particular.Dozens of blocks inside the Ninth Ward were under water as being a waterfall at least 100 feet wide poured over and through a dike that had been employed to patch breaks from the Industrial Canal levee."Our worst fears came true," said Maj. Barry Guidry in the Georgia National Guard."We have three significant breaches inside the levee and the water is rising rapidly," he explained. "At daybreak I found substantial breaks and they've got grown larger." CBS News has planned expanded coverage of Hurricane Rita earlier this week. For details, click this link. The levee on the other side of the Industrial Canal, which protected other areas of the city proper, were holding. At the 17th Street Canal, in which the Lakeview area was flooded after Hurricane Katrina, the U.S. Army Corps of Engineers said the fix was holding. "I'm certain the bradenton area is secure," said David Wurtzel, a Corps project engineer. "All of our monitors and gauges are holding steady."The impoverished Ninth Ward neighborhood was one sector of the city hit hardest by Katrina's floodwaters last but not least had been pumped dry before Hurricane Rita struck. The good thing, Sharyn Alfonsi reports for CBSNews.com could be that the neighborhood has been completely evacuated on account of prior extreme flooding.A spokeswoman for Mayor Ray Nagin said officials believed your neighborhood had been cleared of residents. But throughout Friday, water began rising again onto what remained — buckled homes, piles of rubble and mud-caked cars that Katrina had covered with up to 20 feet water.In related developments:Hurricane Rita roared toward the Texas and Louisiana coast with 125 mph winds Friday being a Category 3 hurricane, creating monumental traffic problems along evacuation routes and raising fears of a crippling blow to the nation's oil-refining industry. The first Show's Harry Smith reports for the miles of jammed traffic (video) . By late Friday morning, a lot of the Houston freeways had cleared out, but traffic used to be bumper-to-bumper from the outskirts from the city toward Austin and Dallas. Federal officials declared a public health emergency for Texas and Louisiana Friday till Hurricane Rita's strike, even while they continued to induce people in the storm's way to get to safety or hunker down if it's too late to leave.As much as 24 people were killed whenever a bus carrying elderly evacuees ignited (video).Texas' emergency management coordinator, Jack Colley, predicted Rita would destroy nearly 5,700 homes from the state and cause $8.2 billion in damage.Numerous petrochemical plants are situated down the Texas and Louisiana Gulf Coast in the nation's biggest concentration of oil refineries, and damage and disruptions caused by Rita might lead to already-rising oil and gasoline prices to look even higher. Also, environmentalists warned with the possibility of a toxic spill.President Bush says when he's in Texas today he won't "interfere together with the important work" of be prepared for Hurricane Rita. Speaking at the FEMA headquarters in Washington, Bush said, "One thing I can't do is get in the way." Bush promises to review hurricane preparations and thank emergency workers in Texas.Texas Governor Rick Perry says the preparations for Hurricane Rita are already a "great test" for the people of his state. He says Texans are ready for the storm as a general rule of them took evacuation orders seriously, also, since Texas has thousands of rescue and relief workers on standby.Refugees in the Lower Ninth Ward were housed at the Progressive Baptist church in Lafayette. These were watching the TV news because the canal levee was breached again, flooding their neighborhood anew."It's like taking a look at a murder," Quentrell Jefferson said. "The first time is bad. After that, you numb up."Farther east in St. Bernard Parish — heavily flooded by Katrina — water from the Ninth Ward was threatening with the whites, while a storm surge into Bayou Bienvenu was lapping near the top of a levee on the other."As long as we have an east wind it's going to continue to come in on the rate you're seeing it can be found in right here," said Detective Steve Guilliot of the sheriff's office.Mark Madary, a St. Bernard Parish councilman, blamed the military Corps of Engineers because of not building the levy back properly."It washed from underneath to produce the gouges are now being topped," Madary said. "Everybody's home's been crushed, and let's hope their dreams aren't." no previous page next 1/2 mulberry purse sale The potato is misunderstood.Long regarded by many as unhealthy, that reputation is off-base, experts say. It's what folks put ON potatoes, and just how they're prepared, which will make potato dishes not economical for travel.On The Early Show Thursday, Bon Appetit magazine Contributing Editor Dede Wilson stuck up to the potatoes, pointing out their merits.With food prices spiking, the good thing is that the potato remains cheap! And, surprisingly, it DOES have plenty of vitamins and minerals.The Food and Drug Administration has praise for that potato:Calories: One medium-sized potato has 110 caloriesFat: Completely fat-freeCholesterol: Cholesterol-free Sodium: Sodium-free Potassium: Good way to obtain potassium when consumed with skin. Potatoes rank highest for potassium content one of many 20 most frequently consumed raw vegetables along with the 20 most frequently consumed raw fruits.Fiber: One wholesome, satisfying potato contributes two grams of fiber towards the diet, eight percent from the recommended daily value. Ascorbic acid: Potatoes are loaded with vitamin C (45 percent of the recommended daily value), the actual same amount as being a tangerine, and more vitamin C than a single medium tomato (40 percent from the recommended daily value) or sweet potato (30 percent of the recommended daily value).A potato it not just a potato. As you will find when you head to the store, there are many different varieties.You will find three basic categories to bear in mind. These categories matter because some potatoes are more effective in certain dishes.STARCHY: Most commonly called Russet or Idaho potatoes, these potatoes are high in starch and are characterized by netted brown skin and white flesh. Russets are light and fluffy when cooked, making them ideal for baking and mashing. Fortunately they are wonderful for frying and roasting.WAXY: Usually round red or white potatoes which can be creamy in texture and hold their shape well after cooking. This may cause them well-suited for salads, roasting, boiling and steaming. Round-reds tend to be referred to as "new potatoes" but, technically, "new" refers to any variety of potatoes that's harvested before reaching maturity.YUKON GOLD: These potatoes have a very dense, creamy texture to make great mashed potatoes; using their golden color, you almost can be fooled into thinking they're buttered!Other potatoes include: BLUE AND PURPLE: They originated in South America and have started to gain popularity in the United States. Blue and purple potatoes are mostly available in the fall. These relatively uncommon tubers possess a subtle nutty flavor, and flesh that ranges in hue from fast or lavender, to white. Microwaving preserves the color best, but steaming and baking can also be favorable methods of preparation.FINGERLING: These are generally baby versions with the long white potato that falls into the waxy category.The usa Potato Board confirms that "French fries" include the most popular way Americans eat potatoes.The U.S. Department of Agriculture says the average annual American potato consumption is 126 pounds:Frozen, that's mostly comprised of french fries (53 lbs) Fresh (44 lbs) Chips (16 lbs) Dehydrated (13 lbs)Wilson showed steps to make delicious French fries in your house. And -- these are healthier than most restaurant fries, as they are baked, not fried.She boasts a spin on mashed potatoes: These potatoes are baked to incorporate extra lavor. The recipe also necessitates the addtion of baked carrots, for any sweet touch.For potato recipes, visit Page 2. no previous page next 1/2 cheapest ugg boots Lindsay Lohan was arrested on suspicion of driving under the influence Saturday after her convertible struck a curb, and investigators found what you believe is cocaine with the scene, police said.Lohan, 20, as well as other people were in her own 2005 Mercedes SL-65 in the event it crashed on Sunset Boulevard around 5:30 a.m., Sgt. Mike Foxen said. It appeared the actress was speeding, Lt. Mitch McCann said within an afternoon news conference.Officers on the scene found a "usable amount" of your drug tentatively identified as cocaine, McCann said. He declined to state where the drug was discovered other than to say Lohan wasn't carrying it. Photos: Celebrity Mug Shots Lohan, who spent time at a rehabilitation center earlier this year, was driven in another car to some hospital for treatment of minor injuries, McCann said. The two other people in her car just weren't hurt.Officers received a 911 call regarding the accident and arrested Lohan with the hospital for investigation of misdemeanor driving while impaired of alcohol or drugs, McCann said. Photos: The Scene Of Lindsay's Crash She premiered from custody because she was admitted on the hospital, police said. Photos: Annually of Lohan McCann declined to comment on Lohan's blood-alcohol level. He said the case will be presented to the District Attorney's Office the place that the actress could face more charges, including felonies. Her tentative arraignment date is Aug. 24.The crash was Lohan's third accident in about two years. In October 2005, Lohan along with a passenger received minor injuries when her convertible hit a van in West Hollywood. Authorities said the van driver, who also received minor injuries, was at fault.Months earlier, Lohan collided with a minivan when she made a U-turn as the van, carrying paparazzi, followed her from a Los Angeles restaurant. A photographer was charged with investigation of assault using a deadly weapon but prosecutors declined to charge him. Photos: Livin' La Vida Lohan That crash was credited with prompting Gov. Arnold Schwarzenegger to sign a law that set steep financial penalties for paparazzi who commit assaults while trying to obtain celebrity photos.Lohan publicist Leslie Sloane Zelnik didn't immediately return an e-mail requesting comment.The actresses father, Michael Lohan, gave a selective statement tohttp://www.X17online.com concerning the charge against his daughter.The statement reads, to some extent: "Lindsay needs to find God, recover, clean house and start all over again with the people who have there been with her at the beginning: her family. Too many people are around Lindsay to the wrong reasons. They need to see what they can get from her instead of caring about Lindsay herself. I'm her father. I'm not going anything from her but her love also to be her father first. I'm for Lindsay as a father plus a father only." Lohan said in January that she had checked right into a rehabilitation center for drug abuse treatment. Her publicist confirmed in December the actress was attending Aa meetings.Lohan told Allure magazine during an interview for its May issue that they decided to enter the secluded Wonderland Center on the suggestion of her therapist."It's so weird that we went to rehab. I said I would die before I went to rehab," Lohan told the publication.Lohan's latest movie, "Georgia Rule," is at theaters now. The actress' other screen credits include "Mean Girls," "Bobby," "A Prairie Home Companion" and "Freaky Friday." denim ugg boots Wildfires blown by fierce desert winds Monday reduced a huge selection of Southern California homes to ashes, forced hundreds of thousands of people to flee and laid a hellish, spidery pattern of luminous orange in the drought-stricken region.Firefighters - about 11,000 of them, fighting 14 different blazes which may have charred 400 square miles - describe desperate conditions that are likely to worsen, with hotter temperatures and also winds forecast for Tuesday. A single person has been killed and a minimum of 16 firefighters and 25 other people have been injured because the fires began on Sunday.No less than 655 homes burned - about 130 in one mountain area alone - and 168 businesses and other structures were destroyed. Thousands of other buildings were threatened by higher than a dozen blazes covering no less than 240,000 acres, roughly the same as 374 square miles.California officials are requesting help from firefighters in other states and through the federal government. Homeland Security Secretary Michael Chertoff says government entities plans to send six water-dropping aircraft ."The sky was just red. Everywhere I looked was red, glowing. Law enforcement came barreling in with police cars with loudspeakers telling everyone to leave now," said Ronnie Leigh, 55, who fled her mobile home in northern Los Angeles County as smoke darkened heaven over the nearby ridge line.Just after nightfall, fire officials announced that 500 homes and 100 commercial properties had been destroyed by a fire in northern San Diego County that exploded to 145,000 acres, said Roxanne Provaznik, a spokeswoman for that California Department of Forestry. The fire injured seven firefighters then one civilian, and was spreading unchecked.A couple of wildfires consumed 133 homes in the Lake Arrowhead mountain resort area from the San Bernardino National Forest east of Los Angeles, authorities said. Hundreds of homes were lost inside the same community fours in the past.Firefighters - who lost energy trying to persuade stubborn homeowners to go away - had the work they do cut out for them as winds gusting to 70 mph scattered embers onto dry brush, spawning spot fires. California officials pleaded for the aid of fire departments in other states."A large amount of people are going to lose their houses," said Los angeles Fire Capt. Lisa Blake. From North park to Malibu, more than 150 miles inside the coast, at least 265,000 everyone was warned to leave their properties. More than 250,000 were told to flee in San Diego County alone."It's probably better 300,000," said County Supervisor Ron Roberts.There are numerous fires burning with your intensity that firefighters are overwhelmed, reports CBS News correspondent Bill Whitaker. Within the Lake Arrowhead resort area, east of L . a ., flames destroyed nearly 130 homes within an area where hundreds burned 4 years ago. Not far south in Orange County, adds Whitaker, children clutching their parents' hands were instructed to run from Foothill Elementary school to flee a fast-moving fire bearing upon the sprawling town of Irvine.Hundreds of patients were moved by school bus and ambulance coming from a hospital and assisted living facilities, some in hospital gowns and wheelchairs. Some carried their medical records in clear plastic bags.A 1 hour,049-inmate jail in Orange County was evacuated due to heavy smoke. The prisoners were bused to other lockups. no previous page next 1/3 mulberry neely
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