Comcast (NASDAQ:CMCSA) and Verizon (NYSE:VZ) are dying a slow death…

Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK.A) is finally starting to offload its 20% stake in ratings agency Moody’s Corporation (NYSE.MCO).

The cable industry will lose a subscriber tomorrow, but there are thousands of folks willing to take my place. Is Comcast’s success truly tied to the nation’s unemployment figure?

Microsft Corp. (MSFT) and Intel Corp. (INTC) yesterday (Thursday) announced they will cut up to 11,000 jobs and could no longer give quarterly forecasts with global economic uncertainly, after the two tech giants announced declines in the final three months of 2008.

Investors need to be ready for a downright nasty earnings season. Already, we are seeing some companies cut their earnings estimates by drastic proportions. If you are not prepared, it could get painful.

Oil Bounces Back; Hungary Gets $25 Billion in Aid; P&G Boosted by Emerging Markets; Qwest Cuts Workforce; Airline Merger Cleared for Takeoff; Domestic Airfares Soar to Record High; Consumer Crunch Hits Comcast; Biotech Firm Plunges

Baltimore will officially be a wireless city from tomorrow. If the trial is successful, the new WiMax technology could be rolled out across the entire nation.

This would make investors in Clearwire (NASDAQ:CLWR) a lot of money, says Andrew Snyder. The company is in partnership with Sprint Nextel (NYSE:S) to develop the project, which has financial backing from several major internet companies.

Andrew says investors should be ready for CLWR to soar if the Baltimore experiment is a success.

Crude Gains on Lower Supply; Comcast Earnings Boost; Garmin Shares Plunge on Lowered Outlook; United’s Pilot Trouble; Private Employers Add Jobs; Nissan Buys Out TN Plants; ArcelorMittal’s Strong Second Quarter; Nintendo Brings Its A-Game

• Crude oil for September delivery gained $4.58 yesterday (Wednesday) to close at $126.77 a barrel on the New York Mercantile Exchange, MarketWatch reported, after the Energy Information Administration announced crude supplies fell 100,000 barrels to 295.2 million barrels for the week ended July 25.

• Comcast Corp. (CMCSA), the largest U.S. cable television provider, announced yesterday (Wednesday) that net profit in the second quarter rose to $632 million, or 21 cents a share, from $588 million, or 19 cents a share, in the prior year, Reuters reported. Comcast stock gained 89 cents, a…