Reuters - Oil and natural gas companies shut down
production across the Gulf of Mexico on Saturday to prepare for
the worst hurricane to hit the U.S. oilpatch since 2005, as
coastal refineries braced for possible floods.
August 30th, 2008 | Posted in Business | Comments Off
AFP - Wall Street returns from vacation season to enter what is historically the most perilous period of the year amid conflicting signals about the US economic outlook.
August 30th, 2008 | Posted in Market News | Comments Off
Reuters - Lehman Brothers Holdings Inc.
has settled on a structure that will allow it to offload
billions of dollars in real-estate loans from its books,
according to the on-line edition of the Wall Street Journal.
August 30th, 2008 | Posted in Business | Comments Off
Reuters - Alabama's Jefferson County
and lenders pulled back from the brink of a threatened
bankruptcy filing on Friday after the county proposed
restructuring $3.2 billion of soured sewer debt.
August 29th, 2008 | Posted in Business | Comments Off
Reuters - Wall Street is set for another
volatile week after the Labor Day holiday, as investors track
the price of oil, key economic data and continued fallout from
the credit crisis.
August 29th, 2008 | Posted in Business | Comments Off
