Archive for September, 2008

Crude Oil Rises on Signs U.S. Will Revive Bank Bailout Plan

Sept. 30 — Crude oil rose, rebounding from its biggest drop in seven years, after U.S. lawmakers said they intend to salvage a $700 billion bank-rescue package that may avert an economic slowdown. (6 mins ago)

Treasuries Soar as House Rejects $700 Billion Bank-Bailout Plan

Sept. 29 — Treasuries gained the most in two weeks as the House of Representatives voted down the Bush administration’s $700 billion plan to rescue banks. (25 mins ago)

What is Libor? Answers to interest-rate questions

WASHINGTON It goes by a clumsy acronym, and its inner workings may be difficult to understand, but a key interest rate set in London every business day is having a dramatic impact on the U.S. and global economies as the credit crisis has intensified. (12 mins ago)

Resident pays $9,700 water bill in protest

OGDEN, Utah A Utah homeowner was billed for 1.4 million gallons of water for part of last winter, and even though Rick Baur disputes it, he paid the bill. (18 mins ago)

Mosaic, Research In Motion, Wachovia, Wamu: U.s. Equity Movers

Sept. 26 — The following companies had unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 4 p.m. in New York. (39 mins ago)

Bond Report: Treasurys Down As Rescue Plan Trumps Data

Treasurys declined Thursday, pushing two-year note yields up for the first time this week, as Congress appears to be close to approving a financial rescue plan. (8 mins ago)

Oklahoma OKs utility’s plant purchase proposal

The Oklahoma Corporation Commission on Wednesday approved a proposal that will allow Oklahoma Gas and Electric to recover the cost of purchasing an electric generation plant near Luther. (15 mins ago)

Increasing number of schoolyard cigarette butts are contraband: retail group

TORONTO – A study for a national group of retailers suggests the number of teens smoking contraband tobacco is growing. (6 mins ago)

Amazon Offers Customers Release-Date Delivery for ‘The Tales of Beedle the Bard’

SEATTLE—-Just as it has done for the “Harry Potter” books series, Amazon today announced that it will deliver both the Standard and Collector’s Editions of “The Tales of Beedle the Bard” on the very first day they are available to the public — for the same price as Amazon standard shipping. (8 mins ago)

Bonds pause on FIIs? exit

Bangalore, Sept. 21 Bonds paused their upward momentum with the massive exit of foreign institutional investors. Traders said the weak oil prices failed to improve flagging trade sentiments. (56 mins ago)