Saturday, June 07, 2008

Breaking News: Hillary Clinton formally ends her presidential campaign

Date: Sat, 07 Jun 2008 11:56:31 -0500

WASHINGTON - New York Sen. Hillary Rodham Clinton formally ended her
presidential campaign in the last event of her active candidacy at the
National Building Museum in Washington.


Friday, June 06, 2008

A Wall Street whupping: Dow's 400-point plunge is year's biggest loss after weak jobs data and oil surge.

Date: Fri, 6 Jun 2008 16:01:05 -0400

A Wall Street whupping: Dow's 400-point plunge is year's biggest loss
after weak jobs data and oil surge.


Breaking New: Oil prices soar, Stocks tank

Date: Fri, 6 Jun 2008 11:46:00 -0700 (PDT)

Oil prices have shot up more than $10 to a new record above $138 a
barrel. The news sent Wall Street into retreat with the Dow Jones down
more than 327 points just after 2:30.


Oil futures up 9% for week after biggest single-session price rise on record

Date: Fri, 06 Jun 2008 14:49:05 -0400

Oil futures up 9% for week after biggest single-session price rise on
record
6/6/2008 2:45:50 PM


Daily Briefing: Rebates help retail sales

Date: Fri, 06 Jun 2008 06:14:43 -0500

NEWS

McCain says he won't run from Bush in campaign
---------------------------------------------
Republican John McCain said he won't try to "separate" himself from a
weakened President Bush or his unpopular handling of the war in Iraq to
try to win the general election against Barack Obama, who has made
opposition to the war a focus of the Democratic campaign.

Oil prices seep into asphalt costs, detour road work
---------------------------------------------
Fewer roads will be repaved this summer, thanks to soaring prices of
oil-based asphalt.

Bush's hopes to advance issues on final Europe tour
---------------------------------------------
President Bush leaves Monday for a farewell tour of America's allies in
Europe, from Slovenia to Britain.

MONEY

CEOs value lessons from teen jobs
---------------------------------------------
A large portion of the next generation of corporate leaders is likely to
miss potential lessons of a teen's first summer job as they skip
flipping burgers, washing cars, waiting tables, bagging groceries or
other menial jobs that today's CEOs say had an influence on them.

Big telecoms decry high costs of 'traffic-pumping'
---------------------------------------------
AT&T says schemes that route adult chat and other calls made by its
customers to rural phone numbers are costing it hundreds of millions of
dollars and may force it to raise the price of its $55 unlimited-calling
plan.

Record foreclosures won't ease soon
---------------------------------------------
With homes entering foreclosure at a record rate, economists see no
letup in the surge of homeowners who are losing their properties for
failure to pay their mortgage.


Breaking News: Unemployment rate soars in May

Date: Fri, 06 Jun 2008 07:49:22 -0500

WASHINGTON (AP) - The government said Friday that the nation's
unemployment rate jumped to 5.5% in May - the biggest monthly rise since
1986 - as nervous employers cut 49,000 jobs.


Thursday, June 05, 2008

Clinton moves to unite party

Date: Thu, 05 Jun 2008 05:52:00 -0500

NEWS

Senators suspect railway dealings
---------------------------------------------
Senators from both parties are calling for an investigation into a move
by unknown foreign investors to gain more control of one of the nation's
largest railroads, which serves military bases and transports nuclear
materials across the country.

Under pressure, Hillary Clinton steps aside to unite party
---------------------------------------------
In the end, it took less than 24 hours for Hillary Rodham Clinton to
adapt to her party's new political order.

Iraqi councils shoulder more responsibility
---------------------------------------------
Neighborhood councils are taking responsibility for a wide range of
local affairs, an important step in the U.S. plan to improve security
and give Iraqis a bigger stake in their own country.

MONEY

Some small towns opt to buy terrorism insurance
---------------------------------------------
Small rural and suburban communities - some with few structures taller
than a good-sized maple tree - might be unlikely targets for terrorists,
but many of them are protecting their police stations and water towers
with terrorism insurance.

More students borrow from 'bank of family and friends'
---------------------------------------------
The credit crunch has driven dozens of lenders out of the student loan
market. But a number of new websites are trying to sidestep the
traditional players, facilitating loans between students and anonymous
investors or even friends and family members.

Warren Buffett hones rock-star status
---------------------------------------------
The world's richest man is having an E.F. Hutton moment. Warren Buffett,
dubbed the Oracle of Omaha by Wall Street, is making his voice heard
these days.


Wednesday, June 04, 2008

Hillary to drop out

Date: Wed, 4 Jun 2008 15:40:23 -0700 (PDT)

Hillary Clinton will drop out of the presidential race on Friday.


Clinton offers praise, does not concede

Date: Wed, 04 Jun 2008 05:57:40 -0500

NEWS
Most say gay marriage private choice
---------------------------------------------
Six in 10 Americans say the government should not regulate whether gays
and lesbians can marry the people they choose, a survey finds.

Clinton offers praise, does not concede
---------------------------------------------
Hillary Rodham Clinton, once the Democratic presidential front-runner,
ended a hard-fought primary season Tuesday unable to claim victory but
unwilling to concede defeat.

Senators: Marines bungled video system
---------------------------------------------
The Marines have mismanaged a four-year effort to develop hidden video
cameras to track insurgents planting roadside bombs, according to a
letter to Defense Secretary Robert Gates from two senators.

MONEY

Institutional investors cited in rising oil prices
---------------------------------------------
The list of culprits to blame for $4 gas and $125 oil keeps getting
longer. Oil-thirsty China and India get most of the blame. The declining
U.S. dollar, tight supplies, geopolitics and hurricanes also are on the
villains list.

Drivers choose cars over trucks as auto sales plunge
---------------------------------------------
Cars outsold the top-selling Ford F-series truck in May for the first
time since 1992, a sign of the rapid shift in customers' preferences
from trucks and SUVs to small cars that is forcing painful production
cuts and plant closures at General Motors and Ford Motor.


Tuesday, June 03, 2008

News Alert! Obama Claims Victory

Date: Tue, 3 Jun 2008 22:19:41 -0400

After delegate counts showed Barack Obama had secured enough delegates
to win the Democratic nomination, the Illinois senator declared victory
at a speech in Minnesota. "Tonight, I can stand before you and say that
I will be the Democratic nominee for president of the United States," he
said.


Obama wins in Montana

Date: Tue, 3 Jun 2008 19:09:14 -0700 (PDT)

Barack Obama has won the Democratic primary in Montana.


Hillary wins in South Dakota

Date: Tue, 3 Jun 2008 18:41:10 -0700 (PDT)

Hillary Rodham Clinton has won the Democratic primary in South Dakota.


Breaking News Tue., June 3, 2008

Date: Tue, 3 Jun 2008 14:53:54 -0700 (PDT)

SEN. BARACK OBAMA WILL HAVE ENOUGH DELEGATES TO CLINCH THE DEMOCRATIC
NOMINATION TONIGHT.


AP reports Obama effectively clinches Democratic nod

Date: Tue, 03 Jun 2008 12:37:40 -0500

WASHINGTON (AP) - Barack Obama effectively clinched the Democratic
presidential
nomination Tuesday, based on an Associated Press tally of convention
delegates,
becoming the first black candidate ever to lead his party into a fall
campaign
for the White House. The AP tally was based on public commitments from
delegates as well as more than a dozen private commitments. It also
included a minimum number of delegates Obama was guaranteed even if he
lost the final two primaries in South Dakota and Montana later in the
day.


Monday, June 02, 2008

Breaking News Mon., June 2, 2008

Date: Mon, 2 Jun 2008 13:57:46 -0700 (PDT)

THE AVERAGE PRICE OF A GALLON OF GASOLINE ROSE FOUR CENTS TO $3.98, THE
HIGHEST PRICE EVER RECORDED, THE ENERGY DEPARTMENT REPORTS.


BREAKING NEWS: Kennedy out of surgery

Date: Mon, 2 Jun 2008 11:02:06 -0700 (PDT)
Kennedy out of surgery

Family spokeswoman says Sen. Edward M. Kennedy is out of surgery at Duke
Medical Center.


Rock pioneer Bo Diddley dies

Date: Mon, 02 Jun 2008 11:39:46 -0500

JACKSONVILLE, Fla. (AP) - Bo Diddley, a founding father of rock 'n' roll
whose distinctive "shave and a haircut, two bits" rhythm and innovative
guitar effects inspired legions of other musicians, died Monday after
months of ill health. He was 79.


Breaking News: Judge orders return of polygamist-sect kids

Date: Mon, 02 Jun 2008 09:41:51 -0500

SAN ANGELO, Texas (AP) - A Texas district judge has ordered the return
of more than 400 children taken from a polygamist group's ranch. Parents
are allowed to begin picking up their children at 11 a.m. ET Monday. The
order comes just days after the Texas Supreme Court said the state
overreached in seizing custody of the children from the Fundamentalist
Church of Jesus Christ of Latter Day Saints ranch.


Breaking News Sun., June 1, 2008

Date: Sun, 1 Jun 2008 15:54:22 -0700 (PDT)

FASHION DESIGNER YVES SAINT LAURENT HAS DIED AT HIS PARIS HOME AT THE
AGE OF 71, A LONGTIME FRIEND TELLS THE ASSOCIATED PRESS


Breaking News Mon., June 2, 2008

Date: Mon, 2 Jun 2008 04:31:05 -0700 (PDT)

SEN. TED KENNEDY HAS ANNOUNCED HE WILL UNDERGO SURGERY FOR HIS BRAIN
TUMOR THIS MORNING AT DUKE UNIVERSITY MEDICAL CENTER


Sunday, June 01, 2008

Clinton projected winner in Puerto Rico primary

Date: Sun, 01 Jun 2008 15:12:17 -0400

Clinton projected winner in Puerto Rico primary
6/1/2008 3:09:01 PM


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