Archive for July 1st, 2008

Supercar for cops

Tuesday, July 1st, 2008
Forget about those retro-fitted Crown Victorias and Impalas. Carbon Motors hopes to build a better police cruiser for the future.

Stocks tumble on weak auto sales, rising oil

Tuesday, July 1st, 2008
Stocks slumped Tuesday afternoon, giving up a recovery attempt, as investors mulled rising oil prices, more financial market woes and a steep drop in June U.S. sales for Ford and other automakers.

Manufacturing index shows surprise strength

Tuesday, July 1st, 2008
A key measure of the nation's manufacturing activity rose unexpectedly in June, reaching a level that indicated expansion in the sector for the first time since January.

Fireworks sales blast off - but costs also soar

Tuesday, July 1st, 2008
As Fourth of July fireworks light cities across the United States, the companies that orchestrate the epic productions face an uncertain future.

Moody’s blames employees for ratings snafu

Tuesday, July 1st, 2008

Wall Street is bear country

Tuesday, July 1st, 2008
Stocks tumbled Tuesday morning, starting off the year's second half on a sour note, with the Dow falling into bear market territory amid higher fuel prices and more bank sector worries.

Construction spending in 3rd straight drop

Tuesday, July 1st, 2008
Construction activity fell in May, marking three consecutive months of decline, according to a government report released Tuesday.

Wall Street: Bear country, USA

Tuesday, July 1st, 2008
Stocks tumbled Tuesday morning, starting off the year's second half on a sour note, with the Dow falling into bear market territory amid higher fuel prices and more bank sector worries.

Oil soars on supply forecast

Tuesday, July 1st, 2008
Crude prices rose more than $2 a barrel Tuesday after an energy advisory group reduced its estimate on the amount of oil that will reach the market in the coming years.

Howard Stern may have a Sirius dilemma

Tuesday, July 1st, 2008
Howard Stern hit the jackpot when he moved satellite radio more than three years ago. He's pocketing $80 million a year and has received Sirius Satellite Radio stock worth roughly $200 million for meeting subscriber growth targets spelled out in his five-year contract.