Archive for August 15th, 2008

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The Dow and S&P 500 rose and the Nasdaq slipped Friday in a choppy session in which oil prices flirted with 3-month lows, the dollar rallied, and tech stocks slid.

Oil prices fell below $112 a barrel Friday as the dollar continued to climb and investors feared that weak economic growth would translate into lower crude demand worldwide.

The American banking system has become a melting pot in recent years as financial institutions from all over the world have set up shop in the United States.

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The construction of the world's largest photovoltaic power plants will supply PG&E with 800 megawatts and shake up the solar industry.

Pop quiz: name the breakout digital businesses that have been spawned by traditional media giants that aren't simply online offshoots of existing brands. There is, let's see, Time Warner's TMZ, and, depending on how it goes, NBC and Fox's Hulu.com.

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