Archive for July 16th, 2008


ABC News
Senate Report Examines Role of Banks in Tax Evasion
New York Times - 3 hours ago
By LYNNLEY BROWNING The secrecy surrounding offshore bank accounts was pierced Wednesday by a Senate report that examined how UBS, the big Swiss bank, and LGT, which is run by the royal family of Liechtenstein, helped wealthy individuals evade American
UBS, LGT Helped Clients Hide Assets, Dodge Taxes, Senate Says Bloomberg
Senate: UBS, Liechtenstein aided US tax cheats CNNMoney.com
Reuters - USA Today - KDBC - SmartCompany.com.au
all 84 news articles

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Washington Post
Fed's Crisis Role Spurs Questions of Overreach
Washington Post - 1 hour ago
By Neil Irwin The sprawling financial and economic crisis is leading to expansion of the Federal Reserve's role, increasingly turning the central bank into a sort of all-purpose guarantor of the financial system.
Video: Energy Prices Lead Consumer Prices Jump AssociatedPress
FED FOCUS-Rolling crises delay Fed's inflation battle Reuters
Wall Street Journal - The Associated Press - Washington Times - Forbes
all 3,036 news articles

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Shares Revive Amid Confusing Signs From SEC
New York Times - 4 hours ago
By JENNY ANDERSON Euphoria tinged with a bit of panic swept Wall Street on Wednesday, as battered financial shares roared back in their biggest one-day rally ever.
Hedge funds scramble as US SEC cracks down Reuters
SEC Subpoenas Wall Street in Hunt for `Manipulators' (Update2) Bloomberg
CNNMoney.com - TheStreet.com - Independent - MarketWatch
all 99 news articles

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NewsOXY
AOL May Be Plan B For Microsoft, But Yahoo Still In Focus
CNNMoney.com - 6 hours ago
SAN FRANCISCO -(Dow Jones)- As Microsoft Corp.'s (MSFT) pursuit of Internet portal Yahoo Inc. (YHOO) drags on, Wall Street analysts are increasingly speculating the software giant may be focusing on a Plan B: Tying up with internet service provider AOL
Little Interest Is Seen as AOL Is Shopped Around Again New York Times
Microsoft, Time Warner To Discuss Possible Deal Wall Street Journal
MarketWatch - Reuters - Bizjournals.com - BloggingStocks
all 172 news articles

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Earthtimes (press release)
Merrill's Sale Is Bloomberg's Gain
Forbes - 2 hours ago
Merrill Lynch has been shopping its 20.0% stake in news and data company Bloomberg - one of the most poorly kept secrets on Wall Street — and now a sale seems near.
Merrill to sell Bloomberg stake for $4.5bln: source Reuters
Merrill Drops BlackRock Deal, Sells Bloomberg Stake (Update3) Bloomberg
Financial Times - RTT News - CNNMoney.com - Wall Street Journal
all 89 news articles

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CNBC
EBay Falls as Average Selling Price Drops on Its Retail Sites
Bloomberg - 1 hour ago
By Beth Jinks July 16 (Bloomberg) — EBay Inc., the world's largest Internet auctioneer, fell 6.6 percent in late US trading after reporting that people are paying less for items on its retail sites.
UPDATE: CEO Says EBay On Track Despite Auction Concerns CNNMoney.com
EBay 2Q profit rises 22 percent but outlook soft The Associated Press
Financial Times - Seeking Alpha - MarketWatch - New York Times
all 301 news articles

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RTE.ie
US Report Shows Spike in Energy Costs for Households in New York
New York Times - 5 hours ago
By PATRICK McGEEHAN From May to June, the cost of residential energy use in the New York metropolitan region shot up by 10.8 percent, the biggest increase in any month on record, according to the latest report on inflation from the federal Bureau of
US Economy: Consumer Prices Up 5%, 17-Year High (Update2) Bloomberg
Treasurys fall on inflation worries CNNMoney.com
Los Angeles Times - Bizjournals.com - Washington Post - KSL-TV
all 122 news articles

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CNNMoney.com
Drop-Off in Advertising Lowers Gannett’s Profit by 36%
New York Times - 10 hours ago
By AP McLEAN, Va. (AP) - The Gannett Company, the nation’s largest newspaper publisher, reported a 36 percent decline in second-quarter earnings on Wednesday as advertising sales in its publishing business fell 14 percent.
Gannett 2Q profit falls by 36 percent The Associated Press
Gannett Tumbles on Drop in Profit, USA Today Ad Sales (Update1) Bloomberg
MarketWatch - CNNMoney.com - Bizjournals.com - Forbes
all 249 news articles

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