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President George W. Bush on Tuesday announced a $250 billion plan by the government to directly buy shares in the nation s leading banks, saying the drastic steps were not intended to take over the free market but to preserve it. Mr. Bush, in the latest of a series of statements on the troubled economy, said in a brief Rose Garden statement that the move echoed similar bold moves made overseas in an effort to prevent a global recession.The announcement propelled the Dow Jones industrials up more than 300 points in the first minutes of trading Tuesday and followed the Dow s historic 936-point jump Monday, when investors were buying in anticipation of the government s plan. The president made his statement after an early morning meeting with his economic advisers, announcing these steps: The federal government will use part of the $700 billion bailout law to inject money into banks by purchasing equity shares. Mr. Bush said this will help banks continue to make loans
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The number of smartwatches on th
stanley cups uk e market is growing by leaps and bounds, but we ;re still waiting to see just how many clever integrations our wrist-borne companions will net. It seems we can add Sonos to the list, for one. Over on the Sonos Forums, a user named Robert reports that Sonos is beta testing compatibility with Android Wear鈥攕o you ;d be able to control your music via your Moto 360, for example. Meanwhile, Dave Zatz reports that Sonos is also working on a lockscreen widget for iOS. Image via Robert on Sonos Forums. More integrations for Sonos users is great news, but it also interesting to see how third party companies will choose to engage in the smartwatch trend as it grows鈥攖here are doubtless countless other And
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stanley thermos mug integrations still to come. Whether all of them will be useful is another story entirely, but Sonos is a great start. [Zatz] android wearMoto 360smart watchesSmartwatchesSONOS
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