Record US trade deficit hits another record as gaps with China grow
The United States logged a record trade deficit of 763.6 billion dollars for the past year, up 65 percent from 2005, with a 612 billion shortfall in December. Bush officials cite stronger U S growth and warn against protectionism while Democrats press for policy change. Treasury chief Paulson names Holmer to lead a China dialogue, with next talks set for May in Washington. Wu Yi leads China delegation in ongoing discussions.
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Wireless industry eyes Hollywood for small screen shorts
Film makers seek new venues as wireless firms turn to Hollywood and Bollywood for ideas to entertain subscribers. Sundance will offer short films online February 15 to broaden art form exposure beyond niche theaters. Directors Jonathan Dayton and Valerie Faris highlight the portable, two by two inch screen as a fresh medium for experimental cinema.
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Associated Press
Anti-Valentines Rise: Singles Embrace Night Alone
The Chronicle-Telegram reports Cleveland’s American Greetings offers anti-Valentine cards for singles. Nicole Fraser notes edgy, contemporary humor praising independence and friendship over romance. Online communities and forums grow for single Valentine discussions and gatherings.
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Comair eyes revival after pilot concessions in bankruptcy
Comair, the Delta Air Lines subsidiary near Cincinnati, reports a tentative pilot wage cut deal as it seeks to exit Chapter 11. President Don Bornhorst says the agreement clears labor uncertainty and allows a sharper restructuring plan to save about 70 million yearly while maintaining service and competitiveness amid bids for Delta regional jets.
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Delta Air Lines Inc
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