JoltNews.com Bringing daily world events to your desktop. Today is November 2 2006.
News
Productivity Slows to a Standstill

©  The Associated Press
The productivity of American workers slowed to a standstill in the summer while wage pressures were rising at the fastest clip in more than two decades, a combination likely to raise inflation concerns at the Federal Reserve.  more
Madonna: Name Has New Meaning in Malawi

©  The Associated Press
Words that might describe Madonna: diva, maverick, humanitarian. But in a language spoken widely in the African country of Malawi, her name takes on a new _ and unintentionally funny _ meaning.  more
October Retail Sales Are Mixed
Consumers took a breather last month, holding back a bit after September's shopping spree and giving retailers a mixed sales performance. Still, the outlook remains upbeat for the holiday season.  more
MLB Stars Rally to Tie Yomiuri Giants

©  The Associated Press
David Wright and Andruw Jones homered in the top of the ninth inning Thursday as a team of major leaguers erased a three-run deficit to tie the Yomiuri Giants 7-7 in a warmup game for an MLB All-Star tour of Japan.  more
Stock Futures Up Ahead of Retail Data

©  The Associated Press
U.S. stock market futures edged up on Thursday amid a bearish week in equities, with retailers expected to draw attention on expected growth in October same-store sales figures. Traders also will be eyeing inflation and productivity data.  more
Market Reports
European Central Bank Holds Rate Steady
The European Central Bank held its key interest rate steady at 3.25 percent as expected on Thursday but set the stage for an increase _ likely a quarter of a percentage point _ next month.  more
October Retail Sales Are Mixed
Consumers took a breather last month, holding back a bit after September's shopping spree and giving retailers a mixed sales performance. Still, the outlook remains upbeat for the holiday season.  more
Blockbuster 3Q Loss Narrows, Sales Sink
Video rental chain Blockbuster Inc. on Thursday reported a narrower loss compared with the year-ago third quarter, but sales slipped due to a decline in rental revenue.  more
Report Says Ford Cuts Salaried Benefits
Ford Motor Co., which last week announced a $5.8 billion third-quarter loss, is reportedly cutting back health care benefits for some white-collar retirees, boosting health care premiums for salaried workers and won't give them merit pay raises next year.  more
CVS Shares Tumble on Caremark News

©  The Associated Press
Investors and analysts were not pleased when drugstore operator CVS announced that it's buying pharmacy benefits manager Caremark, even if it could mean lower prices for customers with bargaining power to rival Wal-Mart Stores Inc.  more
Entertainment
Record Companies Sue Defendant's Kids
Patricia Santangelo wouldn't concede in her fight with record companies that accused her of pirating songs over the Internet. Now the companies are hoping for an easier tussle against her kids.  more
Madonna: Name Has New Meaning in Malawi

©  The Associated Press
Words that might describe Madonna: diva, maverick, humanitarian. But in a language spoken widely in the African country of Malawi, her name takes on a new _ and unintentionally funny _ meaning.  more
NYC to Host 7th Annual Latin Grammys

©  The Associated Press
New York City intends to showcase its diverse Latin community as it plays host for the first time to the Latin Grammy awards.  more
Prince Bringing Purple Reign to Vegas

©  The Associated Press
Prince fans, fire up that Little Red Corvette and head for Las Vegas: the purple one will be performing there every weekend starting Nov. 10.  more
Reeve's Children Take Up His Cause

©  The Associated Press
Christopher Reeve's children are carrying on their dad's crusade: finding a cure for paralysis. Alexandra and Matthew Reeve both serve on the board of the Christopher Reeve Paralysis Foundation, which Reeve established to fund research for therapies and a cure, People magazine reports in its Nov. 13 issue.  more
Health & Medical
Latvia Bans Junk Food Sales in Schools
A comprehensive ban on the sale of junk food in Latvia's state schools went into force Wednesday as part of the country's drive to improve children's diets.  more
Women Sue Over Birth Control Patch
More than 40 women sued the makers of a popular birth-control patch Wednesday, claiming the contraceptive caused serious illnesses and at least one death.  more
Docs Find Success in New Heart Treatment
Doctors are reporting surprising early success with a novel treatment they hope will one day cure congestive heart failure in thousands of dying patients: They shrink the bloated heart with drugs while an artificial pump temporarily takes over the workload.  more
Medicare Cut for Doctors Now Official
Doctors caring for the elderly and the disabled will see a 5 percent cut in reimbursement rates when they treat Medicare patients next year.  more
Wine Extract Keeps Fat Mice Healthy

©  The Associated Press
Obese mice on a high-fat diet got the benefits of being thin _ living healthier, longer lives _ without the pain of dieting when they consumed huge doses of red wine extract, according to a landmark new study.  more
Current Weather
11/02/2006
New York47 °F
High Tech
Yahoo to Launch Web Site Devoted to Food
With online competition for eyeballs intensifying, Web portal Yahoo Inc. is launching a new site devoted to food that will feature videos and other content from celebrity chefs such as Rachael Ray and Martha Stewart.  more
2 Sued for Downloading Over 1,000 Songs
Patricia Santangelo wouldn't concede in her fight with record companies that accused her of pirating songs over the Internet. Now the companies are hoping for an easier tussle against her kids.  more
Cingular to Offer 25 XM Radio Streams
XM Satellite Radio Holdings Inc., a provider of satellite radio, and Cingular Wireless LLC, a wireless carrier with more than 58 million customers, announced a partnership Thursday to stream 25 XM music channels to Cingular handsets.  more
Swiss TV-Over-Broadband Service Launched
Switzerland's dominant telecommunications company has launched a TV-over-broadband service that offers more than 100 television channels and more than 70 radio stations.  more
EA Overhauls Game Download Service

©  The Associated Press
Electronic Arts Inc. is taking the wraps off of a major overhaul to its download service for computer games, signaling the largest video game publisher's commitment to the growing trend of online distribution.  more
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