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$2.9 trillion U.S. Budget Proposed for Next Year

President Bush sent his proposed $2.9 trillion budget, for the 2008 fiscal year that begins on Oct. 1, to Capitol Hill today. For the 2008 fiscal year, the deficit is seen at $239 billion, about $5 billion less than that projected for the current fiscal year. The total spend for the current year is seen at roughly $2.78 trillion.

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January Marks 10th Straight Month Of 100 Or More U.S. CEO Exits

Heavy turnover among chief executive officers continued in the new year, as 114 CEO changes were announced in January, the 10th consecutive month that over 100 CEO departures were recorded, according to the monthly CEO Turnover Report by Challenger, Gray & Christmas, Inc. 

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IPTV Likely to Generate Significant Revenue within First 3 Years of Service: Accenture Survey

Nearly 60% of communications industry executives from 46 countries believe that Internet Protocol Television (IPTV) can generate significant revenue within the first three years of service, according to findings of a survey by Accenture (ACN) and the Economist Intelligence Unit (EIU).

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China to Become No.1 Exporter Worldwide in 2008, Surpassing Germany and US

China is set to over take U.S. as the No.2 exporter worldwide this year and with an estimated $1.4 trillion dollars in exports in 2008, China will surpass Germany in 2008 to become the No.1 exporter in the world, according to Germany's federal foreign trade body BFAI. 

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Over 84 million American Mobile Subscribers Can be Reached by Mobile Marketing

With an estimated 207 million mobile phone subscribers in the U.S., text message continues to be the most widely used mobile application and is potentially the most powerful tool in mobile marketing. Mark Beccue sizes up the market for mobile marketing in terms of the actual number of consumers you can reach with various mobile data applications. 

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Global Semiconductor Sales Reached Record $247.7 Billion in 2006; To Hit $300B in 2008

Global sales of semiconductors increased 8.9% to reach a record $247.7 billion in 2006, from the $227.5 billion reported in 2005, according to the Semiconductor Industry Association (SIA). Worldwide sales rose 9% year-over-year $21.7 billion in December. 

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