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When markets trade on emotions you have to be ready for sometimes violent mood swings.  Mr. Market was happy on Thursday and Friday as a short-term debt solution looked near.  But this morning his mood is dark as negotiations appear to have broken down.  Stock markets look to open lower this morning. Bond markets are closed for Columbus Day celebrations.

Apple will unveil its newest iPad update on October 22nd.  Sources say to look for a bigger screen and thinner style.  Global tablet sales fell 9.7% in the second quarter with 45.1 million tablets being shipped. Apple sold 14.6 million iPads in the second quarter. (AllThingsD)

Intel has delayed its OnCue online video service.  The new service is designed to challenge conventional cable TV.  The company is now looking to 2014 for launch and is looking for a partner to boost the deal. The new service is a big move from the company’s core business of making computer chips. (NY Times)

As the US becomes a bigger exporter of natural gas the 2015 completion for widening the Panama Canal will cut shipping costs to Asia by shortening voyages and cutting turnaround times.  The 2015 opening of the improved Canal will double the shipping lanes capacity.  (Bloomberg)
 

Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.