Peter Cardillo, chief market economist with Avalon Partners Inc., analyzes the DJIA's 400 point drop and the state of the market. MarketWatch's Steve Gelsi has the interview.
Jul 26, 2007
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Start of a Bear Market? |
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Behind the Scenes at Facebook |
Kara Swisher visits the headquarters of social-networking company Facebook to speak with Chief Operating Officer Owen Van Natta and Vice President of Media Sales Mike Murphy.
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Colombian coffee goes organic |
Colombia is the third biggest coffee-producing nation in the world, bringing in more than 1.7 billion dollars worth of exports. An increasing number of producers have turned their hand to organic coffee as consumers in developed countries become more aware of their impact on the environment. Exports of organic coffee surged 250 percent between 2004 and 2006. But production of this specialty coffee is now waning as farmers try to cut back on costs as the low dollar eats into their profit margin.
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Chrysler Offers Lifetime Warranty on Brands |
Chrysler executive vice president, Steve Landry, discusses the lifetime powertrain warranty on Chrysler, Dodge and Jeep brands with WSJ's Matt Vella.
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Simpsons' Big-screen Leap Doesn't Quite Soar |
AP Movie Critic Christy Lemire reviews 'The Simpsons Movie,' the feature-length version of the popular animated television show.
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Catherine Zeta-Jones Serves Up 'No Reservations' |
Catherine Zeta-Jones and co-star Aaron Eckhart walked the red carpet for the NYC premiere of their new movie, 'No Reservations.'
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'Company' Tells Sprawling Saga of Cold War Era |
AP Television Writer Frazier Moore reviews 'The Company,' a six-hour miniseries premiering Sunday , August 5 on TNT. It stars Michael Keaton, Alfred Molina, and Chris O'Donnell.
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Singer Mindy McCready Taken Into Custody |
Country singer Mindy McCready was taken into custody Wednesday at Nashville International Airport, accused of violating her probation after a scuffle with her mother and authorities in Florida.
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The end of the Tour de France? |
The 3rd drugs scandal in 2 days marks the death of the Tour de France according to French newspapers. The dire prediction follows the suspension of the holder of the yellow jersey, Michael Rasmussen, by his team, Rabobank, immediately after winning the 16th stage amid an ongoing scandal over missed drugs tests.
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Niagara Falls Adventure Tour |
Dave Price's "Great American Vacation" takes him on a daring adventure in Niagara Falls, N.Y., where he enjoys one of nature's greatest spectacles at America's oldest state park.
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Nursing home cat predicts death |
"Oscar," a Rhode Island cat, seemingly has the ability to predict within hours the impeding deaths of residents at a hospice. Employees say he curls up next to patients who die within hours.
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Raw Video: Dog Loose on Runway |
A dog got loose and ran around the runway at Sky Harbor Airport in Phoenix for about 30 minutes before finally being caught.
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Centuries' Old Cannon Found At Miami Beach Hotel |
(Miami) At the Lido Spa off the Venetian Causeway on Miami Beach, a ten-foot ancient cannon discovered by construction workers.
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Beijing a new magnet for models |
China is increasingly becoming a destination on the international modeling scene. Inexperienced models are coming here to expand their portfolio, while established models are looking for a source of easy money.
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In search of Chinese roots |
The visit forms part of a year-long geneology 'In Search of Roots' programme organised by the Chinese Culture Centre in San Francisco.
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Oxford battles Britain's historic floods |
Britain is battling the worst flooding in 60 years, with more than 350,000 people and 140,000 homes impacted and total damages estimated at at least three billion pounds. The university city of Oxford, like much of south-central England, is grappling with massive flooding. In Osney, one of the city's worst-affected areas, about 250 homes have been evacuated. Residents there surveyed the damage and evacuated their homes, not knowing wether water levels had reached their peak.
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Is Obesity Contagious? Study Says 'yes!' |
A new study suggests obesity can spread like an infectious disease and that your odds of becoming obese are much greater if your friends and family put on weight.
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Pollution blights sacred Indian river |
Revered as one of the most scared sites in India, the Yamuna River has been dying a slow death from pollution for decades despite the investment of millions of dollars to preserve its ecosystem. There is more than the environment at stake. Fourteen million of Delhi's residents rely on the river for their water. Now a new drive by the government to clean up the river before the 2010 Commonwealth Games is hoping to return the Yamuna to its former glory.
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AP Top Stories for 26th July 2007 |
Here's the latest news for 26th July 2007: Deadly car bombings in the middle of Iraq soccer celebrations; Body of South Korean captive found; Dallas gas explosions; cutouts slow down motorists
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Kids Cutouts Help Cut Down on Speeders |
A local Ohio man is selling life-like cutout photos of kids to slow down speeding drivers. He says drivers going too fast often confuse the photos for real children and are forced to slow down.
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Villanova Kicks Out Players Amid Rape Allegation |
Villanova University has rescinded admission for three incoming freshman football players being investigated for sexual assault. A woman says the three raped her on July 14, but no charges have been filed.
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Good Question: Why Is The Sky Blue? |
(Minneapolis) Many of us were told the sun reflecting off all that blue ocean water is why the sky looks blue, but it actually the opposite, Ben Tracy reports.
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Salvia Hardly A Salvation |
(New York) The latest craze to sweep the Internet features mostly young people videotaping themselves getting high off the legal herb Salvia. Now, a New York State Senator is doing what he can to get the drug banned. CBS 2 investigative reporter Scott Weinberger has the story.
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Coney Island: If it ain't broke... |
With iconic attractions such as the Cyclone roller coaster, the Wonder Wheel and Nathan's hot dogs.. Coney Island may be getting a facelift. Conway Gittens reports.
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Caught on Tape: Dramatic Water Rescue |
In a dramatic operation, two children were rescued from floods in the city of Yibin, in the south-western Chinese province of Sichuan. Chinese television broadcast the dramatic pictures seen in this video.
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No fun for the locals |
A Greek holiday resort has been brought to a standstill by locals protesting about rowdy British tourists. Residents, hotel and business owners and local government officials of the Greek resort of Malia in Crete say they're fed up with the "chaos" caused by youngsters getting drunk, fighting and exposing themselves. Every year thousands of young British tourists flock to the town. Many drink excessiveley, engaged in lewd public sexual acts and get involved in violence and vandalism.
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Europe wilts under sweltering heatwave |
Vast swathes of Central and Southern Europe have suffered under a sweltering heatwave that has killed hundreds in Hungary and sparked deadly brush fires in Italy, Greece and the Balkans. Nearly 900 people were reported to have fainted in the streets of Romania, were the mercury shot above 41 degrees Celsius (105.8 degrees Fahrenheit) on Tuesday, while neighbouring Bulgaria faced 45 degree temperatures, and Hungary's chief medical officer announced more than 500 deaths from the heat in one week.
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A year on, twins still at top in Poland |
For a year now Poland has been led by identical twins, President Lech Kaczynski and his prime minister, Jaroslaw. Their Law and Justice Party has held on to power through its conservative coalition, but the government has been seriously weakened by a series of roiling crises. A report looks back on their year in power.
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On the Money: Boosting Your Credit Score |
Not paying attention to your credit score can cost you a lot of money, from your credit card bills to your car loan and mortgage payments. AP Business Writer Eileen Alt Powell offers a few tips on how to improve it.
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Arctic swim to save the planet |
Arctic swimmer Lewis Pugh and WWF Climate Change Officer Emily Lewis-Brown talk about the disappearing North Pole.
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2 New Racing Games Deliver Serious Speed |
The AP's Matt Slagle reviews 'DiRT' and 'Forza Motorsport 2' for the xbox 360.
DiRT blends death-defying offroad action, precision control, and the tricked out intensity of street racing into one visually stunning motorsports masterpiece. Choose from a wealth of officially licensed cars and real-world locations, then go careening through gravel, dirt and mud, doing whatever it takes to bring the trophy home.
Forza Motorsport 2, the sequel to Microsoft Game Studios' award-winning, fully customizable driving simulator Forza Motorsport, speeds its way onto Xbox 360 this holiday. With authentic simulation physics, bone-jarring damage, photo-realistic graphics, and licensed tuning and customization options, the franchise improves on the unprecedented features gamers enjoyed in its debut installment. Loaded with more than 300 of the world's hottest cars for you to collect, personalize and tune, Forza Motorsport 2 gives you a complete racing experience.
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New Music: Prince, Sum 41, Billy Ray Cyrus |
Prince releases his latest album, 'Planet Earth,' a mix of eco-friendly tracks and bedroom ballads. and Also out this week is Sum 41 with 'Underclass Hero,' and Billy Ray Cyrus with 'Home at Last.'
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Marco Andretti's Car Flips, Lands Upside Down |
Marco Andretti's car flipped and came to rest upside down after a first-lap skirmish in an IRL race recently. Andretti wasn't hurt and walked away from the crash.
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Brazilian Areas Stung by Scorpion Invasion |
Brazil is home to several types of scorpions, but one species, the yellow scorpion is highly poisonous and is on the move. Health officials in the state of Rio de Janeiro have seen a recent "invasion" of the yellow terror.
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Raw Video: Check Out These Performance Hams |
This little piggy went to the State Fair. Check out these talented porkers who cast their swine before an audience in Minot, North Dakota.


