Archive for May 29th, 2008

Oil slumps, stocks advance

Thursday, May 29th, 2008
Stocks rose Thursday as investors eyed sliding oil prices, a rallying dollar and a report that showed first-quarter GDP growth was better than initially reported.

Fed to offer three $75B loan auctions

Thursday, May 29th, 2008
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MasterCard on fire, again

Thursday, May 29th, 2008

Done deal: Bear belongs to JPMorgan

Thursday, May 29th, 2008
JPMorgan Chase completed its historic bid for Bear Stearns Thursday, effectively closing one of the more dismal chapters in the annals of Wall Street.

iPhone gets a foothold in China

Thursday, May 29th, 2008

Dunkin’ Donuts kills Rachael Ray ad in scarf flap

Thursday, May 29th, 2008
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Putting a cap on gas thieves

Thursday, May 29th, 2008
As gas begins to look more like liquid gold, more motorists are keeping it under lock and key, fueling sales for locking gas caps, according to retailers and manufacturers.

GM buys out 1/4 of wage earners

Thursday, May 29th, 2008
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Dell slogs ahead in PC price war

Thursday, May 29th, 2008
Amid a slowdown in consumer spending and an ongoing slump in corporate demand, tech watchers turn their attention to Dell as the PC maker reports fiscal first-quarter earnings after the market closes today.

Easing oil prices lift stocks

Thursday, May 29th, 2008
Stocks gained Thursday afternoon as investors welcomed tumbling oil prices, a rallying dollar and a report showing first-quarter GDP growth was a bit better than initially reported.