Archive for June 26th, 2008

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Fed up with record gas prices, drivers often scapegoat big oil companies for high prices at the pump, but in a recent survey, more Americans directed their scorn towards Washington lawmakers.

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General Motors stock price fell almost 11% Thursday, to the lowest level in more than 33 years, as analysts reacted to a Goldman Sachs downgrade and continued concerns about the automaker's competitiveness.

Treo smartphone maker Palm says it swung to a fiscal fourth-quarter loss as revenue declined sharply, falling below Wall Street's expectations.

Dear Annie: I was hired a few months ago into the newly created position of vice president of customer service at a medium-sized company, and I have to admit I am stumped. Since I got here, every time I propose a change that I think would serve customers better (without costing much, if anything), my employees tell me, "We can't do that because it isn't in the rulebook."

Oil speculation has been getting a lot of attention from Congress lately. On Thursday lawmakers took up another possible solution: getting more miles per gallon out of cars Americans drive.

Gold prices jumped Thursday, rising back above the psychologically important $900 mark, on renewed fears about the health of the U.S. economy.