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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

GM Confirms Sales Incentives, Hires Citibank on Hummer

Monday, June 23, 2008 5:11:00 PM

General Motors Corp confirmed Monday it is offering zero-percent financing for 72 months on most of its 2008 models and has hired Citibank to advise on the ongoing review of its Hummer brand. Full Story

'Made in Asia' Label Helps, Hinders Luxury Goods Makers

Sunday, June 22, 2008 9:15:00 PM

Asian manufacturing remains a taboo in the luxury sector where image is everything. Full Story

Creativity and Eccentricity Thrive at Pixar

Saturday, June 21, 2008 5:24:00 PM

Last month, Pixar Animation Studios and Walt Disney Animation Studios announced 10 new animated motion picture releases over the next four years. Full Story

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