Motorola Inc. Chief Executive Officer Ed Zander, once heralded as a turnaround artist for reviving the mobile-phone maker, may be falling out of favor. Zander yesterday forecast a loss for this quarter and the first sales decline in four years. The stock slid to its lowest level in almost two years. ``He's running out of scapegoats,'' said John Krause, an analyst at Thrivent Financial for Lutherans in Minneapolis, which owns 1 million Motorola shares. ``The buck's got to stop at the top. People are losing patience.'' Earnings and revenue this year will be ``substantially'' below its forecasts because of plunging mobile-phone prices, Schaumburg, Illinois-based Motorola said yesterday. Zander, who already is cutting 3,500 jobs, said the company will overhaul marketing and product design to make its prices competitive without sacrificing earnings. ...
http://www.bloomberg.com
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Editor - 11:22:00 03-22-07
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 Big powers negotiate changes in Iran sanctions text |
Major powers worked on amendments on Thursday to get votes from South Africa, Indonesia and Qatar on sanctions against Iran for refusing to halt uranium enrichment that can be used in a nuclear weapon.No vote has been set and could be delayed until next week as any changes have to be sent to the governments of the 15 U.N. Security Council members for approval. But U.S. Deputy Ambassador Alexander Wolff said a vote late on Friday was "still possible." Indonesia proposed a call for "a zone free of weapons of mass destruction in the Middle East," said its U.N. ambassador, Rezlan Ishar Jenie. But so far the United States has qualms about this, presumably because Israel would be included. ...
http://abcnews.go.com/US/wireStory?id=2973580
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Editor - 11:21:00 03-22-07
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| Harvard Abstinence Group Fights Back Against Mindless Sex on Campus |
Sometime between the founding of a student-run porn magazine and the day the campus health center advertised "Free Lube," Harvard University seniors Sarah Kinsella and Justin Murray decided to fight back against what they see as too much mindless sex at the Ivy League school. They founded a student group called True Love Revolution to promote abstinence on campus. The group, created earlier this school year, has more than 90 members on its Facebook.com page and drew about half that many to an ice cream social. Harvard treats sex — or "hooking up" — so casually that "sometimes I wonder if sex is even a remotely serious thing," said Kinsella, who is dating Murray. Other schools around the country have small groups devoted to abstinence. On most campuses, they are religious organizations....
http://www.foxnews.com/story/0,2933,260462,00.html
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Editor - 11:20:00 03-22-07
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| Judge Urges Expelled Minuteman Founder Gilchrist to Resolve Problems |
A judge urged the ousted founder of the Minuteman Project to resolve his power struggle with the anti-illegal immigration group's board of directors out of court, but he indicated he would issue a ruling if necessary. Project co-founder Jim Gilchrist sued the group's board of directors for control of the organization after he was fired and accused of embezzling $400,000 in donations, an allegation he denies. He was in court Wednesday seeking to regain control of the project. Judge Randell L. Wilkinson suggested that Gilchrist work out his disagreements with board members through mutually trusted intermediaries. If that wasn't possible, the judge indicated he would rule on whether control should be returned to Gilchrist until a trial can be held on whether the board was justified in removing him. Gilchrist called the differences "irreconcilable." He said he could not be an ally of people who have filed complaints against him with the FBI and the Internal Revenue Service....
http://www.foxnews.com/story/0,2933,260460,00.html
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Editor - 11:17:00 03-22-07
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| Notes pinned to Mexican corpses |
Mexican police are investigating the killing of three men who were found with notes pinned to their bodies carrying threats to local authorities. Investigators in the northern state of Nuevo Leon believe two victims found there were killed by drug cartels. Two more bodies were also found in the southern state of Quintana Roo - one of them carried a note. President Felipe Calderon has been sending thousands of troops to several Mexican regions to tackle drug cartels. In Nuevo Leon, Governor Natividad Gonzalez said security measures for local officials would be stepped up. More than 30 people have died this year in the state in violence believed to be drug-related. At least seven deaths in Quintana Roo have been linked to drug cartels. The latest victims were found on the outskirts of Cancun - their hands and feet were tied and their heads covered with tape. ...
http://news.bbc.co.uk/2/hi/americas/6480889.stm
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Editor - 11:15:00 03-22-07
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| U.N. rights envoy likens Israeli actions to apartheid |
A United Nations human rights envoy on Thursday likened Israeli treatment of Palestinians in occupied territory to apartheid, and said its settlement policy amounted to colonialism.South African lawyer John Dugard warned Western states they would never rally support among developing nations for effective action against perceived abuses in Sudan's Darfur, Zimbabwe and Myanmar unless they tackled the plight of Palestinians. "This places in danger the whole international human rights enterprise," he told the Council, a Geneva-based watchdog. Dugard, special rapporteur on human rights in the Palestinian territories, said restrictions on movement and separate residential areas gave a sense of "deja vu" to anyone with experience of apartheid. "Of course there are similarities between the OPT (Occupied Palestinian Territory) and apartheid South Africa," he told the U.N. Human Rights Council. ...
http://abcnews.go.com/International/wireStory?id=2973508
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Editor - 11:13:00 03-22-07
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