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Circuit City posts huge 3Q loss

While Circuit City laid off 3,400 high-paid workers and replace them with lower-paid new hires in March, it announced this week the approval of millions in cash incentives to retain its top talent following the departure of several key executives over the past year. Executive vice presidents could claim retention awards of $1 million each and senior vice presidents could get $600,000, provided they stay with the company until 2011, according a filing with the U.S. Securities and Exchange Commission.

The bonuses didn't sit well with Merrill Lynch analyst Danielle Fox, who questioned whether Circuit City should be focusing on incentives for the people who sell its products in stores.

"It seems like the top executives are getting paid more for poor performance," Fox said. "I don't see really what the incentive is for them to perform, to stay with Circuit City."

Schoonover said the bonuses are essential to keep together a team he spent three years assembling.


Blair received into Catholic Church in private Mass at cardinal's home

I am against their old alliance with Hitler and Musollini. I am against the fact that they continue to honour ALL the past popes on the vicars of christ list regardless that some of them murdered 60 000 people in one day. I am against their dictatorial position and refusal to offer people a relationship with god. Instead they seek to capture you, place you in bondange tied to their laws and rules, for the reward of heaven.I despise this organisation and all that it stands for, and if that makes me a bigot then that is a name I will gladly wear around my neck. In the old days the Vatican called us protesters, now we are bigots! Go figure! .


Major ORAC Differences Among Top Antioxidant Beverages

POTOMAC, Md., Oct. 10 /PRNewswire/ -- Health and nutrition researcher Kimberly Day tested three of the top selling antioxidant drinks on the market to determine if they are delivering the benefits they claim to offer.

Ms. Day sent samples of MonaVie, Xango, and Thai-Go to Brunswick Laboratories, which is a nationally recognized for their antioxidant testing. The drinks were tested to determine their ORAC value. Oxygen Radical Absorbance Capacity (ORAC) is the most widely accepted method of measuring antioxidant content in food.

Results indicated that MonaVie had the lowest hydro-ORAC value (23,323), with Xango just slightly higher at 24,480. However, Thai-Go was nearly twice as high as either of the other two beverages tested, coming in at 51,939. All three drinks are comparatively priced and all are marketed as high-quality antioxidant beverages.


Office Live Workspace narrows Google App gap while playing to MS ...

With Web 2.0 being the rage that it is, Web-based productivity software from the likes of Google, Zoho, and WebEx appears to be getting all the buzz while Microsoft which has so far eschewed the idea of a Web-based offering. But if Microsoft's Office Live Workspace, the beta program of which opens today, is any indicator of Microsoft's preparedness to deal with the onslaught of Web competitors, everybody from Microsoft's followers to Wall Street can rest assured that the Redmond-based company is not about to get caught with its pants down the way it did in the mid-1990s when it was forced to regroup after being blind-sided by the Web.

Attached to this blog is a video of a demonstration of Office Live Workspace (OLW) given to me by one of the directors on the Microsoft Office team, Kirk Gregersen.


Fla. Murder Case Leaves Questions

Investigators with the Leon County Sheriff's Office still won't discuss the condition of Dunlap's body, despite national media reports saying she was decapitated, just as Emerson was.

Meanwhile, Ormond Beach police are investigating Hilton for the death of a man whose decapitated, dismembered body was found in several trash bags under the Tokoma River Bridge, The Atlanta Journal-Constitution reported Friday. The body of Michael Scot Louis, 27, of South Daytona, was found Dec. 6.

"There are serial killers amongst us; they are potentially everywhere," said Tom Blomberg, dean of FSU's School of Criminology, noting that 600,000 people are released each year from state and federal prisons, many without receiving meaningful treatment or education. "It was horrific luck (Dunlap) had that morning."

"We don't really know what makes these people what they are," he said.


The Monday chart round-up: TOTP is dead, so what?

Yep. ‘Unfaithful', though, ain't. Naaaah.

At four is Lily Allen's ‘Smile' – her Alright, Still long-player is at three in the album chart – while the fifth slot is home to James Morrison's ‘You Give Me Something', a song so perfectly in tune with Blunt's nauseating melancholy that it's easy to imagine its maker headlining sizeable theatres the country over by the autumn. What? It's a he…? Jesus, I thought men were meant to have BALLS.

McFly slip to six, presumably because their balls weighed them down to that level, while the rest of the top twenty is a mixed bag of crap and slightly smellier crap. Kasabian – surely due a reminder that their fifteen minutes were up months ago – gatecrash the top ten, at nine, with ‘Empire', and Snow Patrol's ‘Chasing Cars' (review) bores its way to fifteen.



 

 

 

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