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Business News - Business, Finance, Economy
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Wall Street Week Ahead: Oil and GE to Determine Stocks' FateFriday, July 04, 2008 9:39:00 PM It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and General Electric disappoints investors. Full Story
Michigan Especially Hard Hit by ForeclosuresFriday, July 04, 2008 5:46:00 PM According to the Mortgage Bankers Association, nearly 2 million loans were in foreclosure nationwide during the first quarter of 2008. Full Story
Economy Extends Job Loss StreakFriday, July 04, 2008 5:41:00 PM WASHINGTON—U.S. employers cut workers for a sixth straight month in June for the longest such streak since 2002 and the country's vast service sector unexpectedly contracted, underscoring the econ ... Full Story
Court Order on YouTube User Data Fans Privacy FearsFriday, July 04, 2008 5:25:00 PM A U.S. judge's order to Google Inc to turn over YouTube user data to Viacom Inc sparked an outcry on Thursday from privacy advocates in the midst of a legal showdown over video piracy. Full Story
Oil Tops $145 Ahead of U.S. July 4 HolidayThursday, July 03, 2008 5:30:00 PM Oil jumped to record highs above $145 a barrel on Thursday as traders rushed to buy ahead of the long holiday weekend in the world's top consumer to mark U.S. Independence Day. Full Story
Markets Consolidate After Oil, Copper Hit PeaksThursday, July 03, 2008 5:26:00 PM Oil and copper hit record highs on Thursday while most other commodity markets were down in cautious trade ahead of a long U.S. weekend to mark the country's Independence Day holiday. Full Story
Oil Hits Record Over $144 on U.S. Inventory DropWednesday, July 02, 2008 9:26:00 PM Oil prices shot to a record high over $144 a barrel on Wednesday after a drop in U.S. crude inventories stoked supply concerns. Full Story
U.S. Auto Sales Hit 15-Year LowWednesday, July 02, 2008 5:23:00 PM DETROIT—U.S. auto sales plunged in June to a 15-year low, but a month-end clearance sale helped General Motors Corp retain its No. 1 spot and steer clear of the wipeout many had feared, sending its sh ... Full Story
600 Starbucks Locations to Close; 12,000 Jobs DissolvedWednesday, July 02, 2008 5:17:00 PM News of Starbucks' plan to close 600 of its 7,000 stores will surely leave coffee addicts with a bad taste in their mouths. Full Story
Billabong Acquires Southern California Skateboard CompanyWednesday, July 02, 2008 6:02:00 AM SYDNEY—Billabong International Ltd is continuing its push into the US market, snapping up southern California-based skateboard brand, Sector 9, for an undisclosed sum. Full Story
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