NEWS Headlines

  • A Happy Call from Nokia
    Investors in handset-making giant Nokia (NOK) got a lot to cheer about on Sept. 13, when it raised sales and profit forecasts for the third quarter and introduced a new product for mobile e-mail called Nokia Business Center that's aimed right at Research in Motion's (RIMM) popular BlackBerry wireless paging service.
  • Roberts Robes Himself in Pragmatism
    For more than half a century, Congress has used its constitutional power to regulate interstate commerce as justification for everything from squashing state tariffs and restrictions on commerce across state lines to enacting labor and environmental protections. But that authority was thrown into doubt 10 years ago, when the Supreme Court struck down federal restrictions on carrying guns in schools.The reason: The high court declared that guns in schools had nothing to do with interstate commerce.
  • A Storm Surge for Homebuilders?
    Large, integrated forest-products companies that produce wood for homebuilding have rallied recently on hopes that they'll benefit from rebuilding the Gulf Coast in the wake of Hurricane Katrina. Indeed, reports of skyrocketing real estate demand in the Gulf region are already appearing, as are rising housing prices even beyond the storm-affected area.
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