Daily Briefing: Rebates help retail sales

Date: Fri, 06 Jun 2008 06:14:43 -0500

NEWS

McCain says he won't run from Bush in campaign
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Republican John McCain said he won't try to "separate" himself from a
weakened President Bush or his unpopular handling of the war in Iraq to
try to win the general election against Barack Obama, who has made
opposition to the war a focus of the Democratic campaign.

Oil prices seep into asphalt costs, detour road work
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Fewer roads will be repaved this summer, thanks to soaring prices of
oil-based asphalt.

Bush's hopes to advance issues on final Europe tour
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President Bush leaves Monday for a farewell tour of America's allies in
Europe, from Slovenia to Britain.

MONEY

CEOs value lessons from teen jobs
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A large portion of the next generation of corporate leaders is likely to
miss potential lessons of a teen's first summer job as they skip
flipping burgers, washing cars, waiting tables, bagging groceries or
other menial jobs that today's CEOs say had an influence on them.

Big telecoms decry high costs of 'traffic-pumping'
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AT&T says schemes that route adult chat and other calls made by its
customers to rural phone numbers are costing it hundreds of millions of
dollars and may force it to raise the price of its $55 unlimited-calling
plan.

Record foreclosures won't ease soon
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With homes entering foreclosure at a record rate, economists see no
letup in the surge of homeowners who are losing their properties for
failure to pay their mortgage.