CNNfn announces its upcoming demise. (msnbc.com) When AOL and Time Warner there was a lot of things about it that I thought was stupid. But then there were some smart things, I thought, like the idea to rename CNNfn to CNN Money and create some more synergy with Money magazine, which Time Warner also owned. That kind of creative thinking must have come from AOL. Well, the idea was eventually nixed, and now the network itself prepares to be nixed in mid-December. CNN is also apparently ready to move Headline News away from its current format of 30-minute cycles of repeating news. Bummer. When I was in college, I had two TV's in my room, a big one and a little one. I always had the little one on much with Headline News on the screen.
And no more writing checks before you've got the cash in the bank... The Check Clearing for the 21st. Century Act goes into effect today. It will take years before everyone is on board, but we're going to see more and more companies treat checks like credit cards, deducting the money immediately. Which hopefully will mean fewer and fewer idiots at the grocery store with a million items who don't even start to fill out their checks until they see the total.
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