Archive for August 12th, 2008

Oil prices could be lower than previously expected next year, but the outlook for home heating oil and natural gas signals more pain this winter, according to a government report released Tuesday.

Read full story for latest details.

Former president of Ford South America joins Norwegian electric carmaker Think Global as it ramps up production.

Oil prices declined Tuesday as investors wrestled with ongoing concerns about falling global demand and worries about supply disruption in Eastern Europe.

Read full story for latest details.

By any measure, it is a long way from the Park Avenue headquarters of JPMorgan Chase, the global investment bank that generated revenues of $100 billion last year, to the dusty streets of Kampala, Uganda, where a poor woman can buy a new cook stove for about $6.

The U.S. trade deficit contracted in June, according to a government report released Tuesday, surprising economists who expected an increase.

Anheuser-Busch Cos. Inc. has released details of an enhanced retirement program that will be offered to certain employees as the brewer looks to cut costs.

Read full story for latest details.