Posted on May 25, 2008 at 7:00 pm by Administrator
Databank: Dow Falls 507 Points as Oil Prices Soar
Rising energy costs and further declines in the troubled housing market led to steep losses in stocks last week.
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Posted on May 22, 2008 at 8:00 pm by Administrator
Bell Canada Takeover Is Blocked
A surprise ruling could spell the end for a $51.8 billion leveraged buyout that was already struggling.
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Posted on May 20, 2008 at 3:02 pm by Administrator
Lowe?s, Hurt by the Slump in Housing and the Economy, Reports Profit Fell 18%
Lowe?s, the second-largest home improvement chain behind Home Depot, cut its forecast for full-year profit and sales and said earnings for the current quarter would trail the year-earlier level.
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Posted on May 17, 2008 at 8:01 pm by Administrator
This July 4, Fewer Bombs May Burst in Air
An explosion that destroyed 20 fireworks warehouses in China three months ago will probably mean dimmer night skies on the Fourth of July in the United States.
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Posted on May 14, 2008 at 10:01 pm by Administrator
Celebrity Editor to Leave Her Post
The celebrity magazine editor Bonnie Fuller is resigning as executive vice president and chief editorial director of American Media, the publisher of the National Enquirer and Star magazines.
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Posted on May 12, 2008 at 12:02 pm by Administrator
The Pundit Analyzing Obama? Some TV Upstart Named Rove
The b te noire of the Democrats has turned pundit, and his old nemeses do not always know what to make of it.
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Posted on May 10, 2008 at 7:01 am by Administrator
Lighter Mood as Ford Shareholders Meet
In stark contrast to last year?s annual meeting, stockholders on Thursday congratulated the company?s executive chairman and gushed about Ford?s promising future.
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Posted on May 7, 2008 at 5:00 pm by Administrator
Cisco Sales Top Lowered Forecast, and Profit Declines
Cisco, a bellwether stock for the technology industry, reported that net income in its third quarter declined 5.4 percent, to $1.8 billion, but that revenue rose 10 percent.
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Posted on May 5, 2008 at 2:01 am by Administrator
Low Expectations Made for a Good Week
The stock market rose last week on news that generally wasn?t very good but was still better than expected.
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Posted on May 2, 2008 at 5:00 pm by Administrator
Amazon Sues Over State Law on Collection of Sales Tax
The lawsuit raises questions over whether vendors who are not physically present in New York State should collect tax on behalf of the state.
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