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A day after announcing they'll be switching to a healthier blend of oil, Wendy's says there'll be no more biggie sizes, well, at least in name only.
'We are, er, introducing a 3-tier combo program, er, later on this month and as part of that we are doing away with the biggie size in name, er, we're going to small, medium and large. ' Company spokesman Bob Bertini. A former biggie size will now actually be a medium.
The trade deficit continues to widen as oil import prices continue to rise, says Mesirow Financial Chief Economist Diane Swonk.
'Unfortunately we're still in the stage where although exports are starting to pick up a bit, we still are insatiable nad(she was trying to say 'demand', but botched it.), demand for imports is swamping that and imported oil is one of those factors. '
Her English structure was not that good to begin with and when she missaid 'demand' she forgot what she was saying and further erred. The sentence is not correct.
The deficit did grow by less than expected in April, coming in at 63.4 billion instead of the predicted 65 billion.
Your cable bill may be getting cheaper soon, thanks to a House-passed telecommunications bill.
Legislation increases competition, telecom analyst Gary Arlen says that's a good thing.
'Increased competition is definitely gonna push prices down as it's already done to some degree with the satellite competition. '
Arlen says it will also unleash a race for who can best bundle their service.
The telcos want to offer the same kind of things that cable offers with uh CNN and MTV and ESPN, HBO and all the other line up but a lot of those deals are still in the works.
Currently the US doesn't even rank in the top 10 worldwide in broadband deployment. This legislation should change that. Bob Witkin , CNN.
And if you work for Michaels, gear up, because the retailer is taking another look at employee stock options paid out over an 11-year period.
Michaels stores, which of course is that chain of craft stores based down in Texas, says it's not gonna be (er) putting in its uh first quarter report for a while because it's reviewing uh stock options paid to executives. Get this, from 1990 through 2001.
CNN's Theney Servir.
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