Natural Gas Weekly Update
Since last Wednesday, May 12, natural gas spot prices generally rose at market locations across the lower 48 States, with only a few exceptions. The Henry Hub natural gas spot price increased about 2 percent since last Wednesday, from $4.18 per million Btu (MMBtu) to $4.28 per MMBtu.
Google, Sony, Intel join on Web television project
Google Inc, Intel Corp and Sony Corp unveiled Google TV on Thursday in the latest effort to marry the Web to television and reach into the $70 billion TV advertising market.
Google unveils Web-ready TVs in broadcasting push
Google Inc unveiled Google TV on Thursday in an effort to bring Web- connected television into living rooms and its reach into the $70 billion TV advertising market.
PIMCO's Gross: Markets exhibiting flight to liquidity
The fiscal tightening from Japan, euro zone, and the United States will lead to slower growth and lower inflation, which is leading to added selling pressure on world financial markets on Thursday, the manager of the world's biggest bond fund said.
Stocks battered by euro-zone fears
Stocks dropped on Thursday, driving indexes down more than 2 percent on growing fears that the euro zone's handling of its sovereign debt crisis could jeopardize the global economic recovery.
Democrats expect to advance Wall Street reform bill
Democrats expect to have the votes needed on Thursday afternoon to advance the biggest overhaul of financial regulation since the 1930s, paving the way for a final Senate vote on passage.
Paris police ban mass Facebook aperitif party
A mass cocktail party organized over the internet and planned to take place in Paris this Sunday cannot go ahead due to an existing ban on drinking alcohol in the Champ de Mars area, police said on Thursday.
Staples profit tops Street view; outlook tepid
Top U.S. office products retailer Staples Inc gave a lackluster outlook for the rest of its fiscal year and reinforced growing industry expectations for a slower U.S. economic recovery.
Merkel and Sarkozy pledge unity as markets wilt
The leaders of Germany and France pledged on Thursday to work together on financial regulation and the euro zone crisis after European discord over debt and new market rules rattled investors worldwide.
Jobless claims cast a pall over job market
New claims for state jobless benefits unexpectedly rose last week for the first time since early April, suggesting the U.S. labor market recovery may have hit a speed bump.
Fed says Europe crisis threatens economy
Europe's debt crisis poses a potentially serious risk to the U.S. economic recovery because it threatens global credit markets and large American banks, a top Federal Reserve official said on Thursday.
France pledges debt reform as global markets wilt
France unveiled plans on Thursday to add a German-inspired commitment to cutting its budget deficit to its constitution, as European discord over debt and financial regulation rattled global markets.
Regulators zero in on large traders after flash crash
Regulators are examining the activities of large traders and are reviewing the role of electronic trading platforms as they search for answers to the market's recent swoon.
San Francisco area home sales slip from year ago
Home sales in the nine-county San Francisco region continued to shift toward its more expensive markets in April, reducing overall sales and lifting the area's median sales price from year-earlier levels, a report by MDA DataQuick said on Thursday.
FCC's Copps says wireless competition eroded
Competition in the U.S. wireless industry has eroded and is worsening due to continuing consolidation and concentration among companies, Federal Communications Commission member Michael Copps said on Thursday.
Foreclosure demand ebbs as supply mounts: survey
U.S. consumers are less interested in buying a foreclosed home than they were a year ago, which could slow a housing market rebound as banks prepare to sell a record number of repossessed properties, according to a survey released on Thursday.
U.S. bank earnings improve but small firms suffering
The overall health of the U.S. banking industry improved in the first quarter as net income set a two-year-high of $18 billion, but the largest firms enjoyed a disproportionate share of the gains.
Bank earnings improve but small firms suffering
The overall health of the U.S. banking industry improved in the first quarter as net income set a two-year-high of $18 billion, but the largest firms enjoyed a disproportionate share of the gains.
Wall Street slumps on euro-zone fears
Stocks dropped on Thursday, with all major indexes sliding more than 3 percent on growing fears that the euro zone's handling of its sovereign debt crisis could jeopardize the global economic recovery.
Wall Street banks lose court ruling on hot news ban
Three Wall Street banks suffered a legal setback when a federal appeals court in New York put on hold a ban on financial news service Theflyonthewall.com Inc from quickly reporting hot news about their analysts' research.
J.D. Power raises 2010 U.S. auto sales forecast
J.D. Power and Associates raised its forecast for 2010 U.S. light-vehicles sales to 11.8 million from 11.7 million based on stronger fleet sales, it said on Thursday.
White House: Lincoln proposal very strong
A proposal from Democratic Senator Blanche Lincoln to force banks to separate swap trading desks from core operations as part of the financial regulation overhaul is a very strong proposal, a White House official said on Thursday.
FDIC: better Q1 U.S. bank earnings due large firms
The overall health of the U.S. banking industry improved in the first quarter with two-year-high net income of $18 billion, but the gains were disproportionately enjoyed by the largest firms.
Google says Android smartphones gaining momentum
Google Inc said more than 100,000 smartphones running on its Android mobile operating system are now activated daily and its library of applications has grown to 50,000, underscoring rapid adoption of the devices.
Leading index posts first drop since early 2009
An index meant to gauge the future strength of the U.S. economy fell slightly in April, marking its first decline in more than a year, a private industry group said on Thursday.
Australians with ultra-rare disease left out by federal budget plan
PNH Support Association of Australia (PNHSSA) says, a group of Australians living with an extremely rare disease are in an unfortunate place due to the recent government's decision not to fund for its treatments.
High asthma deaths among older Australians
Based on the study by the Australian Institute of Health and Welfare, the number of Australians over 45 dying due to asthma has risen within the last five years.
Dubai World in $23.5 billion debt deal with core banks
Dubai World, the state-owned conglomerate, has reached a deal to restructure $23.5 billion in debt with its core lenders, addressing the most immediate of a string of problems facing investors in Dubai.
HP plans Web-connected printers without PCs
Hewlett-Packard Co is preparing a broad push to make it easier to print images and information from the Internet, building an iPhone-style apps market in the process, the head of the company's imaging group said on Wednesday.
Wall Street tumbles on euro-zone regulation fears
Stocks fell sharply on Thursday, sending the S&P 500 index into correction territory on growing fears the euro-zone's handling of its sovereign debt crises could put the global economic recovery in jeopardy.
