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Oil Hits Record Over $142 on Rising Investor Flows

Friday, June 27, 2008 9:13:00 PM

Oil prices rose to a record above $142 a barrel on Friday as a drop in global equities markets sent fresh investors into commodities. Full Story

Bright Spots Amid Battered Housing Market

Friday, June 27, 2008 5:31:00 PM

The country is still in the throes of the worst U.S. housing market downturn since World War Two, but glimmers of hope emerged amid a deluge of data this week. Full Story

Sony Ericsson Warns on Profit as Demand Suffers

Friday, June 27, 2008 5:27:00 PM

STOCKHOLM—Mobile phone maker Sony Ericsson warned on Friday it would only break even in the second quarter as demand for its more expensive phones suffers, sending shares in co-parent Ericsson down mo ... Full Story

U.S. Existing-Homes Sales Rise; GDP Growth Revised Up

Thursday, June 26, 2008 5:33:00 PM

Sales of previously owned U.S. homes rose in May and the glut of homes for sale shrank, but prices were off sharply from a year ago, suggesting the housing sector remains a big weight on the economy. Full Story

Oil Hits Record Over $140, Libya Studies Output Cut

Thursday, June 26, 2008 5:33:00 PM

NEW YORK—Oil prices surged nearly 4 percent to a record over $140 a barrel Thursday after Libya said it was studying possible options to cut output in response to potential U.S. actions against produc ... Full Story

Europe Unveils Delayed A400M Military Plane

Thursday, June 26, 2008 5:15:00 PM

SEVILLE, Spain—Europe was due to unveil the A400M military aircraft on Thursday, giving the public a first glimpse of a powerful turboprop plane built to supply seven NATO countries with urgentl ... Full Story

Oil Rebounds, OPEC Chief Sees Rise to $170

Thursday, June 26, 2008 5:13:00 PM

Oil rebounded on Thursday, boosted by a weaker U.S. dollar and comments from OPEC's president Chakib Khelil that prices could rise as high as $170 in coming months. Full Story

Nokia Buys Symbian, Opens Up Smartphone Software

Wednesday, June 25, 2008 5:18:00 PM

HELSINKI—Nokia will pay $410 million for the remaining shares in UK-based smartphone software maker Symbian and make its software royalty-free to other phone makers, in response to new rivals such as ... Full Story

Oil Below $138, Iran Denies Rumoured Attack

Tuesday, June 24, 2008 5:17:00 PM

Oil was below $138 a barrel on Tuesday after an earlier advance in response to a rumoured attack on Iran's nuclear facilities, which was denied. Full Story

Starbucks Opens Two Coffeehouses in Harlem

Monday, June 23, 2008 5:15:00 PM

New York—On June 20, Starbucks announced the opening of two new coffeehouses in Harlem at 2195 Frederick Douglas Blvd and 201 W. 125th Street. President of the Greater Harlem Chamber of Commerce, Lloy ... Full Story

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