| India Sets Imposing First Innings of 526
Australia would need to bat into day four to post a total that will challenge India's first innings and then face the prospect of batting last on a crumbling wicket.
The Aussies will rue another sub-par performance in the field with more dropped catches. Kumble was given a chance early when Phil Jaques dropped a sharp chance and No. 11 Ishant Sharma was also dropped twice in his short stay, Michael Clarke turfing a simple caught and bowled chance, followed by Mike Hussey failing to grasp a more difficult catch off the bowling of Johnson.
Australian openers Matthew Hayden and Phil Jaques offered the Indian bowlers little to get their hopes up in the brief session before stumps, the pair playing within themselves while still punishing the loose ball, to give Australia a good launching pad for Saturday's play.
A-Rod Close to Being Yankee for Life
After all the back and forth we've listened to in recent weeks, it looks like Alex Rodriguez is headed back to New York after all. As first reported on the Daily News Web site this morning, A-Rod and the Yankees have been talking behind the scenes about a deal to bring him back to the Bronx, and it looks like it will happen in the very near future. This is the right move for the Yankees. They bring back the best hitter in the game, at the price they wanted to pay him to begin with. The deal should be in the range of 10 years and $275 million, which gives them back the $21 million they lost from Texas when A-Rod opted out. For Rodriguez, it's the first step for him to restore his image, which has taken a beating since the opt out was announced during the World Series.
BofA may reap tax break with acquisition
Bank of America Corp.'s acquisition of Countrywide Financial Corp. could provide about $500 million in tax savings over five years for the Charlotte bank, according to a tax expert's review of the deal. The Charlotte bank on Friday said it was buying the nation's biggest mortgage lender for about $4 billion. The acquisition came after the bank had already invested $2 billion in the California-based company, which was struggling amid the nation's mortgage meltdown. Bank of America can benefit from Countrywide's troubles because it's buying the lender in a stock transaction at a price worth less than the tax value of its assets, said Robert Willens, who has launched New York-based Robert Willens LLC after 20 years with investment bank Lehman Brothers. That occurrence would allow Bank of America to use unrealized losses at Countrywide to offset its own profits, lowering the bank's taxable income.
Ah. That's where our eyecare money is going now.
California and Quebec aren't going to be the only markets that want fuel efficient vehicle by passing these legislations curbing SUV's and gas guzzling Camaros from their streets. Hopefully GM wakes up and sees that big changes are afoot in this industry. It is going to be a very big market change, like when Henry Ford introduced the Model T allowing the average Joe or Jill to become a car owner, now the change is going to be the average Joe or Jill are going to be able to afford a hybrid. Posted 24/01/08 at 5:17 AM EST | Alert an Editor | Link to Comment .
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