Archive for May 12th, 2008

Retail gasoline prices increased for the sixth straight day and hit their fifth consecutive record, auto group AAA's Web site showed Monday.

The Supreme Court - apparently handcuffed by possible conflicts of interest - has allowed a multibillion-dollar federal lawsuit from South African blacks and others to proceed. The suit claims U.S. and foreign companies should be held liable for helping the former white-led apartheid government.

Stocks rallied Monday morning as investors welcomed falling crude oil prices and some upbeat corporate news from Research in Motion and Sprint.

Every time we get some money, the family hands shoot out. How can I get my wife to zip her lip?

Research in Motion is riding high but a new business-friendly iPhone and Nokia's forthcoming corporate smartphones threaten its BlackBerry franchise. By Scott Moritz

As part of their plan to tame record oil prices, lawmakers are urging the President to stop putting oil in the nation's Strategic Petroleum Reserve(SPR). But some analysts say that won't do much to lower gas prices.

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Falling crude prices helped stocks inch higher Monday morning, but gains were limited as gas prices hit new records and some corporate news from FedEx, MBIA and others disappointed.

As part of their plan to tame record oil prices, lawmakers are urging the President to stop putting oil in the nation's Strategic Petroleum Reserve. But some analysts say that won't do much to lower gas prices.

Retail gasoline prices increased for the sixth straight day and hit their fifth consecutive record, auto group AAA's Web site showed Monday.