Wall-E gains Critics Praises
Critics have praised Wall-E as a contender for the best movie of 2008 as it opens this today in the United States.
Democrats Obama, Clinton to Emphasize Unity in Unity, N.H.
Senators Barack Obama and Hillary Clinton will appear together later today at a rally in Unity, New Hampshire, a town where they tied in the January primary with 107 votes each.
Bank of America to cut 7,500 jobs after Countrywide purchase
Bank of America Corp. said it will complete its purchase of Countrywide Financial Corp by July 1 and then cut 7,500 jobs as part of the combination of the companies.
U.S. Stocks Mixed on Economic Data, Merrill Plunges
U.S. stocks were mixed in morning trading on Friday, failing to post a significant rebound a day after the Dow suffered its second-worst percentage loss of the year and closed at its weakest level in 21 months while key inflation gauge showed signs that consumer spending surged in May.
PRECIOUS METALS: Gold Soars 4 Pct on Inflation Concerns
Gold futures surged the most in two years as weakness in the U.S. dollar boosted the investment appeal for the precious metal, causing prices to lift nearly 4 percent.
Natural Gas Weekly Update - Jun 26
* Natural gas spot price movements were mixed this report week (Wednesday–Wednesday, June 18-25), with price decreases generally occurring in producing areas in the Gulf of Mexico region and price increases at n
U.S. Stocks Drop, GM Shares Tumble 10 Pct
U.S. stocks tumbled sharply on Thursday with the Dow dropping to its worst level since September 2006 on a series of downgrades from Goldman Sachs while shares of Citigroup Inc. and General Motors hit its lowest levels in more than nine years.
Bush says he will lift sanctions against N. Korea
President Bush said Thursday he will lift key trade sanctions against North Korea and remove it from the U.S. terrorism blacklist, a remarkable turnaround in policy toward the communist regime he once branded as part of an axis of evil.
Israel Closes Gaza Crossing After Rocket Attack
Israel closed its border crossing with the Gaza Strip on Wednesday as doubts intensified over a rocket fired by the Palestinian Islamist group Hamas, breaching a week-old ceasefire agreement.
PRECIOUS METALS: Gold Futures Gain on Inflation Concerns
Gold futures gained in electronic trading on Wednesday afternoon in New York, after ending lower at the close of trade when the Federal Reserve announced its decision to keep interest rates steady as inflation concerns rise.
Tech Stocks Rally After FOMC Decision
U.S. stocks held onto most of its gains on Wednesday after the Federal Reserve decided to end its string of interest rate cuts and maintain rates at 2 percent as inflation concerns rise.
This Week In Petroleum - Jun 25
Frugal drivers these days scour the roads for gasoline under $4.00 per gallon in the hopes of getting the most from their fill-up dollar. But it’s not just the amount of gasoline per dollar that matters anymore. Attention has increasingly
Tsvangirai Leaves Dutch Embassy and Suggests Talks with Mugabe
Zimbabwe's opposition leader Morgan Tsvangirai briefly left the sanctuary of the Dutch Embassy on Wednesday, expressing willingness to hold talks with President Robert Mugabe in efforts quell recent political turmoil.
MasterCard to pay American Express $1.8 billion in Settlement
MasterCard Inc will pay American Express Co. up to $1.8 billion in a settlement that drops a lawsuit alleging that MasterCard had illegally blocked financial firms from providing American Express cards.
U.S. Stocks Gain as Financials Advance
U.S. stocks rose on Tuesday on speculation that weaker consumer confidence and a record plunge in home prices will ensure the Federal Reserve to maintain interest rates at current levels, while United Parcel Service set new multiyear low.
Most U.S. Stocks Drop on Credit Concern
Most U.S. stocks dropped during afternoon trading on Monday as crude oil prices rose while the outlook for bank earnings lowered.
World wine growers face CO2, fuel challenges
World wine producers face rising challenges from global warming and soaring fuel costs but any resulting price rises will be bearable, the newly re-elected head of the International Organization of Vine and Wine (OIV) said on Friday.
Big businesses seek out solar as sector heats up
Big business is officially going solar.
Midwest floodwaters cresting, recovery under way
The Mississippi River's crest rolled downstream on Friday, submerging small towns and some of the U.S. Midwest's most fertile farm fields with a relentless flow as people and industry struggled to cope with the effects of the worst flooding in 15 years.
PRECIOUS METALS: Gold Gains Nearly 4 Pct on Week, Oil Soars
Gold futures edged lower on Friday but managed to close the week with a gain of almost 4 percent as oil prices continued to soar and weakness in the U.S. dollar boosted the demand for a hedge against inflation.
U.S. Stocks Fall as Oil Rises
U.S. stocks fell on Friday to a three month low as the oil price continued to rise following increased violence in the Middle East and more trouble persisted in the financial sector.
Natural Gas Weekly Update - Jun 19
Since Wednesday, June 11, natural gas spot prices increased at all markets in the Lower 48 States except one, despite the lack of weather-related demand in much of the country. The restoration of production at the
US and China Set to Commence Investment Talks
The U.S. and China agreed to begin negotiations for an investment treaty that would guarantee access for the nations' companies to buy assets in the other country, representatives said at the close of a week-long meeting in Annapolis.
South Africa's Mbeki visit Mugabe Ahead of Election
Just two weeks ahead of Zimbabwe's run-off election, President Thabo Mbeki of South Africa met with President Robert Mugabe in what appeared to be a last-minute effort to avoid any tampering to the ballot in an election already marred by violence and intimidation.
PRECIOUS METALS: Gold, Silver Futures Close Higher, Dollar Drops
Gold futures rose on Wednesday on speculation that a slumping U.S. economy will prevent the Federal Reserve from lowering interest rates, while soaring oil prices and a weaker dollar boosted the demand for the precious metal.
This Week In Petroleum - Jun 18
Refinery utilization was lower than typical in first quarter 2008. Actual first-quarter 2008 utilization averaged 84.7 percent, compared to the average of 89.1 percent during first quarter 2001 through 2005 (years where first quarter
Woods to have more knee surgery, out for season
Tiger Woods will have reconstructive surgery on his left knee that will sideline him for the rest of the 2008 season, the world number one said on Wednesday.
U.S. Stocks Plunge on FedEx's Loss
U.S. stocks fell for the second day on Wednesday after economic bellwether FedEx Corp. released disappointing results and reinforced concern over bank losses.
Sarkozy to Overhaul Military, May Reignite NATO Ties
France will soon rejoin NATO's military command after its four-decade absence, French President Nicolas Sarkozy said Tuesday, as part of a 15-year plan that highlight terrorism as the largest national security threat.
Mugabe Meets UN Official Ahead of Run-Off Election
Zimbabwe President Robert Mugabe met United Nations Special Envoy Haile Menkerios on Tuesday amid international concern over the country's widespread violence, just 10 days ahead of the a run-off presidential election.