LONDON, Aug. 20, 2008 (Reuters) World stocks edged higher on Wednesday after the previous day's tumble to their lowest level in almost two years attracted some buyers, while rebounding commodity prices helped resource shares. ... > full story
ABOARD THE CHEVRON GENESIS, Aug. 19, 2008 (Reuters) Republican John McCain took his campaign high above the waters of the Gulf of Mexico on Tuesday, visiting an offshore oil and gas rig and predicting many more like it along the U.S. coasts if he is elected president. ... > full story
WASHINGTON, Aug. 19, 2008 (Reuters) U.S. wholesale prices shot up in July at the fastest annual rate in 27 years, while home builders cut back on construction as they worked through a glut of unsold homes, government data showed on Tuesday. ... > full story
WASHINGTON, Aug. 18, 2008 (Reuters) The U.S. average retail price for gasoline fell to its lowest level in 14 weeks, as cheaper crude oil costs are passed on to the pump and Americans drive less, the government said on Monday. ... > full story
DETROIT, Aug. 18, 2008 (Reuters) General Motors Corp, aiming to boost sagging sales, rolled out a major promotion for U.S. dealers on Monday that includes employee-level discounts on almost all the Chevrolet cars and trucks in its showrooms. ... > full story
NEW YORK, Aug. 18, 2008 (Reuters) Major U.S. airlines will see a 6 percent drop in passengers during the eight-day Labor Day holiday period as high oil prices continue to roil the industry, the airlines' trade organization predicted on Monday. ... > full story
WASHINGTON, Aug. 16, 2008 (Reuters) House Speaker Nancy Pelosi said on Saturday when the U.S. Congress returns next month from its summer recess, Democrats will offer legislation that could give oil companies drilling access to more offshore areas. ... > full story
WASHINGTON, Aug. 15, 2008 (Reuters) Several U.S. airlines now allow military personnel to check a third bag for free, a move that represents a modest rollback on extra charges most passengers pay to help carriers offset high fuel costs. ... > full story
WASHINGTON, Aug. 13, 2008 (Reuters) Americans scaled back their driving during June by almost 5 percent in response to soaring fuel costs, the government said on Wednesday -- a day after announcing the biggest six-month drop in U.S. petroleum demand in 26 years. ... > full story
WASHINGTON, Aug. 11, 2008 (Reuters) The average price U.S. consumers paid at the pump hit a three-month low, as the national cost for gasoline fell 7.1 cents over the last week to $3.81 a gallon, the government said on Monday. ... > full story
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Judge Rejects Countrywide Settlement Aug. 19, 2008 (CFO) Countrywide Financial Corp.'s reorganization suffered a setback when a federal bankruptcy judge rejected a settlement offer.. . Chapter 13 ...
Labor Day airline travel expected to drop Aug. 18, 2008 (Seattle Times) An airline-trade group expects Labor Day travel to drop by 5.7 percent this year, as rising airfares and schedule cuts keep travelers home.. . The ...
Labor Day air travel expected to decline 5.7 % Aug. 18, 2008 (Pioneer Press) The crowds traveling on commercial airplanes around the Labor Day weekend will be smaller this year than last, an airline industry group says. ...
Merrill’s UK Tax Bill? Zero Aug. 15, 2008 (Trader Daily, UK) Merrill Lynch is unlikely to pay corporation tax in the UK for several decades after $29bn (£16bn) of losses suffered by the US investment bank ...