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    Business Headlines
    Optimism about tech spending lifts Nasdaq (Reuters)

    Traders work on the floor of the New York Stock Exchange April 16, 2008. (Keith Bedford/Reuters)Reuters - U.S. technology stocks rose on Monday for the third straight session, fueled by optimism about sales for Research in Motion's BlackBerry and Apple's new iPhone.


    -- read full article
    Mon, 16 Jun 2008 22:39:18 GMT - Yahoo! News: Business
    World crude production has peaked: Pickens (Reuters)

    An oil rig is silhouetted against the sunset in St. Lawrence, Texas May 9, 2008. (Jessica Rinaldi/Reuters)Reuters - World crude oil production has topped out at 85 million barrels per day even as demand keeps climbing, helping to drive a stunning surge in prices, billionaire oil investor T. Boone Pickens said on Tuesday.


    -- read full article
    Tue, 17 Jun 2008 17:11:51 GMT - Yahoo! News: Business
    Missouri senator vows to stop sale of Busch to InBev (Reuters)

    Senator Barack Obama (D-IL) (L) walks to a news conference with Senator Claire McCaskill (D-MO) on Capitol Hill in Washington March 1, 2007. McCaskill said on Tuesday she would do everything possible to 'stop the sale' of St. Louis-based Anheuser-Busch Companies Inc to rival brewer InBev NV. (Jason Reed - UNITED STATES/Reuters)Reuters - Missouri Sen. Claire McCaskill said on Tuesday she would do everything possible to "stop the sale" of St. Louis-based Anheuser-Busch Cos Inc to rival brewer InBev NV .


    -- read full article
    Tue, 17 Jun 2008 18:11:39 GMT - Yahoo! News: Business
    Producer prices jump, housing starts at 1991 low (Reuters)

    Bags of basmati rice are seen on display at a Costco store in Arlington, Virginia April 24, 2008. (Jim Young/Reuters)Reuters - Soaring energy costs pushed U.S. producer prices up sharply last month and housing starts fell to 17-year low, according to data on Tuesday that spotlighted the Federal Reserve's dilemma of tackling weak growth amid high inflation.


    -- read full article
    Tue, 17 Jun 2008 16:51:41 GMT - Yahoo! News: Business
    Goldman profit falls, but beats forecasts (Reuters)

    Goldman Sachs Group CEO, Lloyd Blankfein, looks on as he attends a session at the World Economic Forum WEF in Davos January 24, 2008. (Wolfgang Rattay/Reuters)Reuters - Goldman Sachs Group Inc said on Tuesday quarterly earnings fell 11 percent as market turmoil hit trading and slowed investment banking, yet the firm again exceeded expectations by avoiding major losses on assets slammed by the credit crisis.


    -- read full article
    Tue, 17 Jun 2008 17:58:29 GMT - Yahoo! News: Business
    Goldman warning on banks drags Wall St lower (Reuters)

    Traders work on the floor of the New York Stock Exchange January 23, 2008. (Brendan McDermid/Reuters)Reuters - Stocks fell on Tuesday as Goldman Sachs warned that banks may need to raise an additional $65 billion, stoking worries about further fallout from the mortgage crisis.


    -- read full article
    Tue, 17 Jun 2008 17:30:52 GMT - Yahoo! News: Business
    London shares on the rise (AFP)

    Traders outside the London stock exchange The FTSE 100 made gains in late morning trade as the price of oil fell amid talk Saudi Arabia will raise output.(AFP/File/Shaun Curry)AFP - The FTSE 100 made gains in late Monday morning trade as the price of oil fell amid talk Saudi Arabia will raise output.


    -- read full article
    Mon, 16 Jun 2008 11:02:03 GMT - Yahoo! News: Business
    EU stumbles on buying Microsoft alternatives (Reuters)

    Microsoft Corp Chairman Bill Gates speaks during a news conference in Tokyo May 7, 2008. (Yuriko Nakao/Reuters)Reuters - The European Commission, a thorn in Microsoft's side for its antitrust campaigns against the software giant, is falling short in its own internal attempt to promote more competition in the technology sector.


    -- read full article
    Tue, 17 Jun 2008 08:05:23 GMT - Yahoo! News: Business
    U.S. wants to keep options open on dollar: Watanabe (Reuters)

    Dollar bills are displayed in Toronto in this posed photo, March 26, 2008. (Mark Blinch/Reuters)Reuters - The United States probably wants to leave open the option of dollar-buying intervention as a tool to temper inflation, since it could be hard to raise interest rates as the economy slows, Japan's former currency tsar said on Tuesday.


    -- read full article
    Tue, 17 Jun 2008 06:35:05 GMT - Yahoo! News: Business
    Yahoo says mobile search service reaches 600 million (Reuters)

    Yahoo Inc's mobile phone product 'Yahoo! Go' loads on a phone in California May 5, 2008. Yahoo said on Tuesday that its mobile search service will be offered by six more telecom companies in Asia. (Mike Blake/Reuters)Reuters - Internet media firm Yahoo Inc said on Tuesday that its mobile search service will be offered by six more telecom companies in Asia.


    -- read full article
    Tue, 17 Jun 2008 08:20:29 GMT - Yahoo! News: Business
    SocGen and Rockefeller in global private banking deal (Reuters)

    The entrance to the headquarters of French bank Societe Generale is seen in La Defense, outside Paris, January 24, 2008. (Benoit Tessier/Reuters)Reuters - Societe Generale and wealth management company Rockefeller Financial Services Inc announced a global alliance on Tuesday in the private banking sector.


    -- read full article
    Tue, 17 Jun 2008 06:44:04 GMT - Yahoo! News: Business
    May PPI seen up 1.0 percent on crude costs (Reuters)

    A truckload of corn is dumped into a chute at the Lincolnway Energy plant in the town of Nevada, Iowa, December 6, 2007. (Jason Reed/Reuters)Reuters - Record-high crude oil costs sent wholesale inflation soaring in May, but a key gauge of underlying price pressures likely moved ahead at a slower pace than the month before, according to a Reuters poll.


    -- read full article
    Tue, 17 Jun 2008 07:25:34 GMT - Yahoo! News: Business
    Nikkei up 1.2 pct as soft yen buoys exporters (Reuters)

    A woman is reflected on a stock quotation board displaying the Nikkei share average outside a brokerage in Tokyo June 13, 2008. (Toru Hanai/Reuters)Reuters - Japan's Nikkei stock average rose 1.2 percent on Monday, as exporters such as Kyocera Corp (6971.T) rose on a weaker yen and after U.S. data eased concerns on Wall Street about inflation and a near-term rise in interest rates.


    -- read full article
    Mon, 16 Jun 2008 01:04:34 GMT - Yahoo! News: Business
    NY factories produce dour news (Reuters)
    Reuters - The sickly U.S. factory sector produced more bad news on Monday, with a gauge of manufacturing in New York state contracting in June for the fourth time in five months. -- read full article
    Mon, 16 Jun 2008 18:51:26 GMT - Yahoo! News: Business
    Lehman loss matches forecast -- $2.8 billion (Reuters)

    An employee walks in a lift lobby at the Lehman Brothers office in Singapore. (Vivek Prakash/Reuters)Reuters - Investment bank Lehman Brothers Holdings Inc posted a quarterly loss of $2.8 billion on Monday, matching its forecast, after recording massive trading and hedging losses.


    -- read full article
    Mon, 16 Jun 2008 13:43:44 GMT - Yahoo! News: Business
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