SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (19938)10/14/2004 2:02:33 AM
From: ild  Read Replies (2) of 110194
 
A knot of massive cargo ships is snarling the two busiest U.S. ports, causing a scramble among manufacturers and retailers counting on the on-time delivery of goods for Christmas.

At the ports of Los Angeles and Long Beach, dozens of container ships are stuck waiting at anchor or in a berth at any given time because there aren't enough dockworkers to unload them. The backups, worsened by record shipping volumes as the economy gains more traction, are adding as much as a week to the typical vessel's monthlong journey from Asia to its final destination in the U.S.

The two California ports are a vital cog in the U.S. economy, handling more than 40% of the cargo-carrying steel containers shipped into the U.S. and about two-thirds of imports from Asia.

more...
online.wsj.com

FASB, in Stock-Options Battle,
Says Companies Will Receive
Six Additional Months to Adapt

Bowing to pressure from securities regulators and corporate executives, the organization that sets the nation's accounting standards announced a six-month delay in its long-awaited plan to require companies to treat employee stock-option compensation as an expense that counts against earnings.

Under yesterday's decision by the Financial Accounting Standards Board, based in Norwalk, Conn., mandatory expensing of stock-option pay would begin during the third quarter of 2005 for companies with calendar fiscal years, rather than the first quarter as the board originally had proposed in March.

more...
online.wsj.com

Some large employers will have greater flexibility in how they cut retiree health-care costs starting Jan. 1, thanks to a provision in the new corporate-tax bill. And the change could affect health benefits for more retirees.

more...
online.wsj.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext