Archive for May 28th, 2008

Stocks slipped Wednesday afternoon as oil prices fluctuated around the $130 a barrel mark and investors continued to weigh the economic outlook following the morning's better-than-expected durable goods orders report.

Only a few years ago, Americans who considered themselves middle class were scrimping to pay for their kids' college education.

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The oil-rich emirate aims to jump start a home-grown solar industry and take on competitors in the U.S. and Europe.

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Exxon Mobil, the world's largest publicly owned energy company, rejected a series of shareholder proposals Wednesday aimed at changing the company's direction.

David Sambol, the Countrywide operating chief who was to lead the combined company's mortgage business after they merge this summer, will retire instead.

We can't win. By we, I mean Big Media.

Oil prices moved higher Wednesday despite a stronger dollar and signs that U.S. demand for oil products is waning in light of a slumping economy and record prices.