Archive for June 3rd, 2008

Hovnanian reports tenfold loss

Tuesday, June 3rd, 2008
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Stocks sustain losses

Tuesday, June 3rd, 2008
Stocks tumbled Tuesday, as investors eyed reports that Lehman Brothers may need to raise more capital amid the credit market fallout and Federal Reserve Chairman Ben Bernanke's hints that the central bank will stop cutting interest rates.

CNN.com: Obama closes in on nomination

Tuesday, June 3rd, 2008

High cost of health in golden years

Tuesday, June 3rd, 2008
How much money do you need to pay the doctor's bills in retirement? The answer: More than you probably think.

Oil falls sharply

Tuesday, June 3rd, 2008
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Memo to GM: Baby steps aren’t enough

Tuesday, June 3rd, 2008
If you are a shareholder of General Motors, you couldn't be too happy about what you heard at Tuesday's annual meeting.

Carl Icahn wants Yahoo CEO fired

Tuesday, June 3rd, 2008
Yahoo investor Carl Icahn told the Wall Street Journal that he wants wants to get rid of Jerry Yang as Yahoo's CEO for botching the Microsoft bid.

Auto sales plunge in face of $4 gas

Tuesday, June 3rd, 2008
U.S. auto sales tumbled in May as buyers fled from pickups and sport utility vehicles in the face of average gas prices that are now just shy of $4 a gallon.

Stocks slide

Tuesday, June 3rd, 2008
Stocks slipped Tuesday, as investors eyed reports that Lehman Brothers may need to raise more capital amid the credit market fallout and Fed Chairman Ben Bernanke's hints that he'll stop cutting interest rates.

Google-backed solar firm scores big deal

Tuesday, June 3rd, 2008
eSolar, which claims it can produce electricity competitive with fossil fuels, will build a 245-megawatt power plant for Southern California Edison.