Archive for June 28th, 2008

What the Supreme Court said in the Exxon Valdez case has broad
The Free Lance-Star - 6 hours ago
AMERICA'S LOVE AFFAIR with Big Oil ran aground on a reef in Prince William Sound in 1989. That's when the Exxon Valdez wrecked, spilling 11 million gallons of crude that quickly spread over 1000 miles of Alaskan shoreline.
Video: Supreme Court Slashes Damages in Oil Spill Case AssociatedPress
Exxon protesters forced out of CBS live shot KTUU
Anchorage Daily News (subscription) - Wall Street Journal - New York Times - CNNMoney.com
all 1,274 news articles

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Sydney Morning Herald
Is There Any Retreat in Sight For the High-Rise Price of Oil?
Wall Street Journal - 1 hour ago
By ANDREW BARY The sharp rise in the price of oil, which has jumped about 46% this year to more than $140 a barrel, has been the most important financial story of 2008.
Crude ends at a record, scores 3.6% weekly gain MarketWatch
Oil prices strike record highs above $142 Forbes
Uniontown Herald Standard - Bloomberg - BusinessWeek - Reuters
all 951 news articles

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Boston Globe
How to Play Your Stocks When They Keep Falling
Washington Post - 1 hour ago
By Nancy Trejos For a few months, it seemed the worst was over. But after the Dow Jones industrial average neared bear market territory last week, investors and their advisers were left wondering once again how much more they can take.
US Stocks Tumble, Sending Dow to Worst June Since Depression Bloomberg
Wall Street slides to lowest level since September 2006 Financial Times
guardian.co.uk - MarketWatch - Los Angeles Times - The Associated Press
all 692 news articles

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Sify
Oil and Inflation
New York Times - 1 hour ago
This month, Ben Bernanke, the Federal Reserve chairman, broke from the usually banal official pronouncements about the dollar to talk bluntly about the risks of inflation.
Video: Fed Halts Rate Cuts CBS
The Emperor of Interest Rates Wall Street Journal
Forbes - Reuters - CNNMoney.com - Bloomberg
all 2,455 news articles

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Forex Hound
When it comes to Auction Rate Securities, UBS stands for U've Been
BloggingStocks - 2 hours ago
The New York Times reports that Massachusetts secretary William Galvin has subpoenaed some revealing e-mails from UBS AG (NYSE: UBS) which illustrate its decision to stick retail investors with its worthless ARS inventory.
E-Mail That Investors Might Like to Read New York Times
UBS faces civil charges over securities sales Financial Times
Bloomberg - MarketWatch - Forbes - Los Angeles Times
all 199 news articles

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Today's Zaman
Time to leave your phone alone while driving
San Francisco Chronicle - 45 minutes ago
The cell phone and the automobile make an irresistible couple. Both liberate and empower - it's little wonder people like to use the two in tandem.
Roadshow: Hands-free cell law for dummies: Just don't talk and drive San Jose Mercury News
Drivers, hands off that phone: Cell phone law goes into effect Tuesday The Wenatchee World Online
Seattle Times - Los Angeles Daily News - Today’s Zaman - Economist
all 58 news articles

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BBC News
Anheuser lays out case for rejecting bid
Financial Times - 53 minutes ago
By Jonathan Birchall in New York Anheuser-Busch, the US brewer, yesterday said it would cut costs and increase share buy-backs as it set out its justification for rejecting a $46bn bid from rival brewer InBev.
Anheuser board under scrutiny over InBev bid Reuters
Anheuser-Busch to Cut $1 Billion in Costs, Buy Stock (Update4) Bloomberg
MarketWatch - Wall Street Journal - CNNMoney.com - Forbes
all 1,630 news articles

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Washington Post
Lawmakers' zeal versus speculators could backfire
Reuters - 1 hour ago
By Russell Blinch - Analysis WASHINGTON (Reuters) - With a zeal fueled by rocketing oil and food prices, US Congress is suddenly determined to bring rampant trading under control.
Talking Business Easy Target, but Not the Right One New York Times
Oil speculation: What Congress wants CNNMoney.com
Wall Street Journal - Bloomberg - Times Online - FOXBusiness
all 529 news articles

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ABC News
Energy Prices Surge, and Stocks Fall Again
New York Times - 18 hours ago
By JEFF SOMMER The stock market took a beating last week, as troubles in the energy and credit markets hammered equities. Energy prices continued their long move upward.
The Week Ahead: More Bad News? Seeking Alpha
Dow's worst June since the Depression Newsday
The Associated Press - The Star-Ledger - NJ.com - Los Angeles Times - Forbes
all 794 news articles

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Forex Hound
E-Mail That Investors Might Like to Read
New York Times - 2 hours ago
By GRETCHEN MORGENSON EVERY few years, the conflicts of interest so deeply embedded in the Wall Street business model emerge from the shadows for all to see.
UBS E-Mails Show Conflicts With Auction-Rate Clients (Update2) Bloomberg
UBS fraud charges latest in securities saga MarketWatch
Forbes - Los Angeles Times - Wall Street Journal - Fort Worth Star Telegram
all 197 news articles

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