Archive for June 3rd, 2008


Earthtimes (press release)
TREASURIES-Fall in Asia after Bernanke remarks, data awaited
Reuters - 1 hour ago
By Rika Otsuka TOKYO, June 4 (Reuters) - US Treasuries fell in Asia on Wednesday after Federal Reserve Chairman Ben Bernanke the previous day warned about inflationary pressures from a weak dollar, cementing expectations that the Fed's rate easing
Forex - US dollar eases slightly in Sydney morning trade after Forbes
Dollar trades narrowly at lower 105 yen level after Bernanke comment+ TMCnet
Times Online - Nightly Business Report - Los Angeles Times - CNNMoney.com
all 945 news articles

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Bernanke Throws Fed's Weight Behind Paulson's Dollar Policy
Bloomberg - 2 hours ago
By Scott Lanman June 4 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke threw the weight of the central bank behind Treasury Secretary Henry Paulson's efforts to strengthen the dollar after its 10 percent drop over the past year.
TREASURIES-Fall in Asia after Bernanke remarks, data awaited Reuters
Forex - US dollar eases slightly in Sydney morning trade after Forbes
Seeking Alpha - International Herald Tribune - The Oregonian - OregonLive.com - Arizona Republic
all 1,278 news articles

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Xinhua
Cellphones and Competition
Wall Street Journal - 1 hour ago
You can't say Beijing isn't thinking big. Its latest attempt to improve its telecom industry will require the biggest reorganization in corporate history, taking six state-owned companies and merging them into three.
Posted by: Dexter Roberts on June 03 BusinessWeek
China Mobile's life gets more difficult MarketWatch
Bloomberg - New York Times - Reuters - Reuters
all 560 news articles

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Earthtimes (press release)
Is Oil the Next 'Bubble' to Pop?
Wall Street Journal - 2 hours ago
By GUY CHAZAN and NEIL KING JR. Some big voices on Wall Street think so, predicting the oil market could tilt sharply south soon if the US dollar strengthens and demand for crude oil weakens in some key consuming countries.
Soros points a finger at institutional investors Houston Chronicle
CFTC Tries To Silence Blame Game Forbes
Los Angeles Times - Bloomberg - Washington Post - Pittsburgh Post Gazette
all 156 news articles

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Levin Targets Pentagon Contracts
Wall Street Journal - 1 hour ago
By AUGUST COLE In an effort to clamp down on billions of dollars in weapons-contract overruns, the chairman of the Senate Armed Services Committee wants to set up an independent office at the Defense Department that would attempt to ensure the accuracy
Senator Warns of a ‘Crisis’ in Pentagon Cost Overruns New York Times
Lockheed Faulted for Failure to Control Costs Washington Post
Reuters - Military.com - Chicago Tribune - Washington Technology
all 45 news articles

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UAL to announce fleet, job cuts: report
Reuters - 51 minutes ago
NEW YORK (Reuters) - UAL Corp (UAUA.O: Quote, Profile, Research), parent of United Airlines, plans to reduce its mainline fleet by another 70 aircraft by the end of 2009 and announce further job cuts, the Wall Street Journal reported on its Web site on
UAL Plans Major Fleet Reduction To Cope With Surging Fuel Prices Wall Street Journal
LaSalle Hotel names Barnello president; CEO Bortz to retire in 2010 Forbes
all 236 news articles

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Automaker sales plunge, drag market down in May
Reuters - 57 minutes ago
By Poornima Gupta and David Bailey DETROIT (Reuters) - US auto sales tumbled in May as consumers spurned pickup trucks and SUVs in the face of record gasoline prices, driving General Motors Corp, Ford Motor Co and Chrysler LLC to double-digit declines.
Ford F-Series' long reign as US top-selling vehicle ends Detroit Free Press
Honda Civic is May's top seller, trumping trucks and SUVs DetNews.com
The Associated Press - BusinessWeek - Edmunds.com/Inside Line - Bloomberg
all 534 news articles

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This is Money
Lehman Fights an Insurgent Investor
New York Times - 1 hour ago
David Einhorn has bet against Lehman. Erin Callan, the bank’s chief financial officer, seeks to calm nervous investors. By LOUISE STORY David Einhorn thinks another big Wall Street bank is headed for trouble - and he is not being quiet about it.
Lehman denies liquidity problems BBC News
Bear Stearns replay? Lehman Bros. back in the rumor mill Los Angeles Times
TheStreet.com - Times Online - CNNMoney.com - Independent
all 194 news articles

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NECN
Forex - US dollar eases slightly in Sydney morning trade after
Forbes - 45 minutes ago
SYDNEY (Thomson Financial) - The US dollar was trading slightly lower mid-morning in Sydney on Wednesday after being boosted overnight by Federal Reserve chairman Ben Bernanke signalling an end to the central bank's aggressive rate-cutting policy.
Dollar holds big gains after Bernanke warning Reuters
Bernanke Says Rate `Well Positioned,' Watching Dollar (Update5) Bloomberg
International Herald Tribune - MarketWatch - Nightly Business Report - Times Online
all 1,379 news articles

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Smucker to buy Folgers in stock deal: report
Reuters - 59 minutes ago
LOS ANGELES (Reuters) - The JM Smucker Co (SJM.N: Quote, Profile, Research) was close to completing an all-stock purchase of Folgers coffee business from Procter & Gamble (PG.
JM Smucker expected to seal deal to buy Folgers: report MarketWatch
Smucker Closing In on Purchase of Folgers From P&G, WSJ Says Bloomberg
Forbes - Bizjournals.com - Cincinnati Enquirer - Wall Street Journal
all 68 news articles

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