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| Business Headlines |
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| Energy shares, tame jobs data lift Dow
(Reuters)
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| Reuters - NEW YORK (Reuters) -The Dow rose on Thursday, a day after
the blue-chip average entered a bear market, on relief payrolls
data was not as weak as some had feared and with another record
oil price boosting energy shares.
-- read full article |
| Thu, 03 Jul 2008 18:12:45 GMT - Yahoo! News: Business |
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| Ex-Refco CEO gets 16 years in prison
(Reuters)
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| Reuters - Phillip Bennett, the former chief
executive of Refco, was sentenced to 16 years in prison on
Thursday for a nearly decade-long fraud that ultimately pulled
the commodities brokerage into bankruptcy.
-- read full article |
| Thu, 03 Jul 2008 17:16:57 GMT - Yahoo! News: Business |
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| Economy extends job loss streak
(Reuters)
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| Reuters - U.S. employers cut workers for a
sixth straight month in June for the longest such streak since
2002 and vast service sector unexpectedly contracted,
underscoring the economy's frailty.
-- read full article |
| Thu, 03 Jul 2008 15:18:41 GMT - Yahoo! News: Business |
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| Shares tumble worldwide on "Super Thursday"
(Reuters)
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| Reuters - A global sell-off knocked world shares
to a five-month low on Thursday as surging oil fanned concerns
about inflation and slowing growth, just hours ahead of an
expected euro zone interest rate hike and a key U.S. jobs
report.
-- read full article |
| Thu, 03 Jul 2008 08:44:08 GMT - Yahoo! News: Business |
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| U.S. jobs picture grim, housing struggles
(Reuters)
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| Reuters - U.S. private employers slashed 79,000
jobs in June while planned layoffs at U.S. firms rose nearly 50
percent above year-ago levels, according to data that may spell
bad news for a government payrolls report this week.
-- read full article |
| Wed, 02 Jul 2008 15:21:37 GMT - Yahoo! News: Business |
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| Paulson: U.S. home prices to fall
(Reuters)
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| Reuters - U.S. Treasury Secretary Henry Paulson
said on Wednesday that high oil prices, further home price
declines and capital markets turmoil will prolong the American
economy's slowdown, while Europe and the UK were also showing
signs of slower growth.
-- read full article |
| Wed, 02 Jul 2008 15:02:04 GMT - Yahoo! News: Business |
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