Wednesday = Market Rag
The markets are up lately, and the Dow Jones Industrial Average closed at its second highest rate ever.
Lord of the Rings director Peter Jackson will work with Microsoft to develop the next title in the Halo XBox series. This is separate from Halo 3, which Bungie studios is already developing. Jackson is already signed on to develop the movie adaptation of the popular first person shooter game. He is also working with Microsoft to bundle an HD-DVD version of his movie, King Kong, with Microsoft's HD-DVD peripheral. This is all in an effort to put the Xbox 360 on top of the videogame console world, where Sony currently enjoys a 70 percent market share. Take Two Interactive also announced they would port the latest and next launches of the Grand Theft Auto series to Xbox 360, according to a Microsoft release reported by CNN.
Sony's Playstation 3 launches Nov. 17.
On the environmental side of things, Kimberly-Clark is taking heat from Greenpeace this week amidst allegations the Kleenex maker is wiping out forests in the production of their products. Greenpeace accused Kimberly-Clark of lying about the amount of recycled fibers it uses in its brands, which include Scott tissue, Viva, and Cottonelle. The pulpy details were available in a CNNMoney report by Marc Gunther.
Finally this week, October is nearly upon is, and that means beer. Fortune has created a list of the six best fall brews.
Two New England flavors that should not be left out: Sam Adams and Harpoon Octoberfest. These local favorites provide season enjoyment before giving way to Winter Ale and other holiday brews. But, don't rush the fall by. Enjoy the 17th annual Harpoon Octoberfest celebration Friday Sept. 29 and Saturday Sept. 30 at the Harpoon brewery, 306 Northern Ave., Boston.
That's the rag. Cheers!
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