Breaking News: Hillary Clinton formally ends her presidential campaign

Date: Sat, 07 Jun 2008 11:56:31 -0500

WASHINGTON - New York Sen. Hillary Rodham Clinton formally ended her
presidential campaign in the last event of her active candidacy at the
National Building Museum in Washington.

Markets Friday, 06/6/2008

Friday, 6/6/2008

| Dow : 12209.81 down 394.64

| S & P : 1360.68 down 43.37

| NASDAQ: 2474.56 down 75.38

| Bond (10Y): 3.91%, 99.66

MARKETS:
Dow tumbles 395 points on oil spike
The blue-chip indicator posts its biggest one-day point loss in 15
months, after crude prices see largest one-day advance ever and the
dollar slides.

U.S. stock indexes end with stiff losses on spike in oil prices

Date: Fri, 06 Jun 2008 17:04:44 -0400
U.S. stock indexes end with stiff losses on spike in oil prices

U.S. stocks drop sharply after the government says the nation's jobless
rate in May soared to 5.5%, the highest since October 2004, and as the
price of crude-oil futures jumps atop $139 a barrel.

Economic Report: Jobless rate soars to 5.5% in largest jump since 1975

The U.S. unemployment rate jumps all the way to 5.5% in May, surprising
economists with the biggest increase in seasonally adjusted unemployment
in 33 years.

Futures Movers: Oil up almost $11 to mark its biggest daily dollar gain
on record

Oil prices shoot higher by almost $11 a barrel, scoring their biggest
one-day gain in dollar terms.

Icahn names a price for Yahoo; company says move 'ill-advised'

The proxy war between Yahoo and Carl Icahn escalates as the billionaire
investor publicly states a price that he believes the Web portal should
offer to Microsoft in exchange for a buyout deal.

Currencies: Jobless data shocker knocks greenback to its knees

The dollar extends losses against major counterparts Friday, after a
surprising rise in the jobless rate all but quashes hopes of a U.S.
interest rate hike this year.

A Wall Street whupping: Dow's 400-point plunge is year's biggest loss after weak jobs data and oil surge.

Date: Fri, 6 Jun 2008 16:01:05 -0400

A Wall Street whupping: Dow's 400-point plunge is year's biggest loss
after weak jobs data and oil surge.

Dow plummets 350 points as oil surges to record $139.01 a barrel and dollar sinks.

Date: Fri, 6 Jun 2008 14:33:04 -0400

Dow plummets 350 points as oil surges to record $139.01 a barrel and
dollar sinks.

Breaking New: Oil prices soar, Stocks tank

Date: Fri, 6 Jun 2008 11:46:00 -0700 (PDT)

Oil prices have shot up more than $10 to a new record above $138 a
barrel. The news sent Wall Street into retreat with the Dow Jones down
more than 327 points just after 2:30.

Oil settles at a record $138.54 a barrel, up $10.75, on weak dollar and forecast that crude will hit $150 by July 4.

Date: Fri, 6 Jun 2008 14:53:03 -0400

Oil settles at a record $138.54 a barrel, up $10.75, on weak dollar and
forecast that crude will hit $150 by July 4.

Stocks drop sharply as jobless rate and oil prices jump

Date: Fri, 06 Jun 2008 12:03:17 -0400
Stocks drop sharply as jobless rate and oil prices jump

U.S. stocks drop sharply after the government says the nation's jobless
rate in May soared to 5.5%, the highest since October 2004, and as the
price of crude-oil futures shot to around $134 a barrel.

Economic Report: Jobless rate soars to 5.5% in largest jump since 1975

The U.S. unemployment rate jumps all the way to 5.5% in May, surprising
economists with the biggest increase in seasonally adjusted unemployment
in 33 years.

National City reportedly faces closer regulatory scrutiny

National City Corp.'s banking unit is facing closer scrutiny from
federal regulators after entering into a memorandum of understanding
that effectively puts the group on probation, according to a report.

Commodities Corner: Silver's more than a sparkle in investors' eyes

Silver has been notorious for moving in tandem with gold, but silver
prices have yet to trade anywhere near their record level.

Why the dollar still reigns in Chavez's Venezuela

While the U.S. dollar's reputation has taken a bruising in many of the
world's financial capitals, in Venezuela the fallen-from-fashion
greenback reigns supreme.

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
---------------------------------------------
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
---------------------------------------------
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
---------------------------------------------
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
---------------------------------------------
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'
---------------------------------------------
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
---------------------------------------------
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.

Crude futures jump, approaching $134 a barrel; U.S. stocks, dollar fall sharply

Date: Fri, 06 Jun 2008 09:45:09 -0400

Crude futures jump, approaching $134 a barrel; U.S. stocks, dollar fall
sharply
6/6/2008 9:41:47 AM

Government reports unemployment rate shot up to 5.5% in May from 5% the month prior; economy lost 49,000 jobs.

Date: Fri, 6 Jun 2008 08:34:04 -0400

Government reports unemployment rate shot up to 5.5% in May from 5% the
month prior; economy lost 49,000 jobs.

Stocks fall at the open in reaction to a dismal government jobs report and a $6 super-spike in the price of crude.

Date: Fri, 6 Jun 2008 09:32:08 -0400

Stocks fall at the open in reaction to a dismal government jobs report
and a $6 super-spike in the price of crude.

U.S. stock indexes snap losing streak with solid rally

Date: Thu, 05 Jun 2008 17:04:24 -0400
U.S. stock indexes snap losing streak with solid rally

U.S. stocks reclaim higher ground after a three-day downward spiral,
after jobless claims drop more than forecast and Wal-Mart Stores Inc.'s
and Costco Wholesale Corp.'s same-store-sales results top expectations.

Crude futures end at a more than one-week high as the dollar sags

Crude-oil futures rally, tacking on more than $5 a barrel as traders
weigh concerns over decreasing U.S. demand for gasoline against a steep
decline in the dollar and three weeks of falling crude inventories.

Retailers report mixed, but mostly gloomy, May sales

May is a mixed bag for retailers, with skyrocketing fuel prices helping
some big warehouse chains post hefty increases in same-store sales while
traditional department stores and apparel outlets suffer.

Apple expected to debut newer, faster iPhone

When Steve Jobs talks, people listen. And when he doesn't talk, people
like to imagine what he will say.

Some Lehman counterparties limit trading with firm: analyst

Some of Lehman Brothers' counterparties are limiting trading with the
brokerage firm because of persistent concerns about its capital and
leverage and a recent credit rating downgrade, says an analyst at
Bernstein Research.

Markets Thursday, 06/5/2008

Thursday, 6/5/2008

| Dow : 12604.45 up 213.97

| S & P : 1404.05 up 26.85

| NASDAQ: 2549.94 up 46.80

| Bond (10Y): 4.04%, 98.66

MARKETS:
Big rally on Wall Street
Stocks rally despite oil surge as investors welcome better-than-expected
May retail sales, a drop in weekly jobless claims and Verizon-Alltel's
merger.

Markets Thursday, 06/5/2008

Thursday, 6/5/2008

| Dow : 12604.45 up 213.97

| S & P : 1404.05 up 26.85

| NASDAQ: 2549.94 up 46.80

| Bond (10Y): 4.04%, 98.66

MARKETS:
Big rally on Wall Street
Stocks rally despite oil surge as investors welcome better-than-expected
May retail sales, a drop in weekly jobless claims and Verizon-Alltel's
merger.

Dow industrials close near day's high -- up more than 210 points

Date: Thu, 05 Jun 2008 16:05:01 -0400

Dow industrials close near day's high -- up more than 210 points
6/5/2008 4:01:34 PM

Oil surges $5.49 to settle at $127.79 as dollar retreats after European Central Bank president says bank may hike interest rates.

Date: Thu, 5 Jun 2008 14:56:03 -0400

Oil surges $5.49 to settle at $127.79 as dollar retreats after European
Central Bank president says bank may hike interest rates.

Net worth of U.S. households declined $1.7 trillion in the first quarter, 2nd straight drop after rising steadily since 2003.

Date: Thu, 5 Jun 2008 12:02:06 -0400

Fed: Net worth of U.S. households declined $1.7 trillion in the first
quarter, 2nd straight drop after rising steadily since 2003.

U.S. stocks bounce solidly higher after jobless claims drop

Date: Thu, 05 Jun 2008 12:03:34 -0400
U.S. stocks bounce solidly higher after jobless claims drop

U.S. stocks reclaim higher ground after a three-day spiral downward,
after jobless claims drop more than forecast and Wal-Mart Stores Inc.
and Costco Wholesale Corp.'s results top expectations.

Verizon to acquire Alltel in $28.1 billion deal

Verizon Wireless is in advanced talks to acquire closely held Alltel
Corp., a deal that could create the biggest U.S. wireless operator,
Vodafone Group said Thursday.

Continental to cut 3,000 jobs, reduce capacity as fuel costs soar

Continental intends to cut about 3,000 employees as the airline reduces
flights and capacity to offset record-high fuel prices.

Retail Stocks: May sales data boost retail stocks

Retailers get off to a rare good start early Thursday as the sector's
main indicator tacks on gains on some better-than-expected May
same-store sales results.

Mortgages in foreclosure jump again in first quarter: MBA

More homeowners headed toward foreclosure in the first quarter, with the
rate of foreclosure starts at levels not seen since 1979, according to
Mortgage Bankers Association data.

Over 1 million homes are in foreclosure, as loans in trouble hit levels not seen since 1979, says bank group.

Date: Thu, 5 Jun 2008 10:09:04 -0400

Over 1 million homes are in foreclosure, as loans in trouble hit levels
not seen since 1979, says bank group.

Clinton moves to unite party

Date: Thu, 05 Jun 2008 05:52:00 -0500

NEWS

Senators suspect railway dealings
---------------------------------------------
Senators from both parties are calling for an investigation into a move
by unknown foreign investors to gain more control of one of the nation's
largest railroads, which serves military bases and transports nuclear
materials across the country.

Under pressure, Hillary Clinton steps aside to unite party
---------------------------------------------
In the end, it took less than 24 hours for Hillary Rodham Clinton to
adapt to her party's new political order.

Iraqi councils shoulder more responsibility
---------------------------------------------
Neighborhood councils are taking responsibility for a wide range of
local affairs, an important step in the U.S. plan to improve security
and give Iraqis a bigger stake in their own country.

MONEY

Some small towns opt to buy terrorism insurance
---------------------------------------------
Small rural and suburban communities - some with few structures taller
than a good-sized maple tree - might be unlikely targets for terrorists,
but many of them are protecting their police stations and water towers
with terrorism insurance.

More students borrow from 'bank of family and friends'
---------------------------------------------
The credit crunch has driven dozens of lenders out of the student loan
market. But a number of new websites are trying to sidestep the
traditional players, facilitating loans between students and anonymous
investors or even friends and family members.

Warren Buffett hones rock-star status
---------------------------------------------
The world's richest man is having an E.F. Hutton moment. Warren Buffett,
dubbed the Oracle of Omaha by Wall Street, is making his voice heard
these days.

Stocks rise at the open as Wall Street applauds positive retail sales reports, which were boosted by government stimulus money.

Date: Thu, 5 Jun 2008 09:33:03 -0400

Stocks rise at the open as Wall Street applauds positive retail sales
reports, which were boosted by government stimulus money.

Hillary to drop out

Date: Wed, 4 Jun 2008 15:40:23 -0700 (PDT)

Hillary Clinton will drop out of the presidential race on Friday.

Markets Wednesday, 06/4/2008

Wednesday, 6/4/2008

| Dow : 12390.48 down 12.37

| S & P : 1377.20 down 0.45

| NASDAQ: 2503.14 up 22.66

| Bond (10Y): 3.98%, 99.13

MARKETS:
Stocks hobbled by renewed credit jitters
Credit concerns flare after Moody's puts bond insurers on negative
credit watch, eclipsing stronger economic data and falling oil prices.

U.S. stocks end mostly lower; Nasdaq claims positive turf

Date: Wed, 04 Jun 2008 17:04:28 -0400
U.S. stocks end mostly lower; Nasdaq claims positive turf

U.S. stocks on Wednesday struggle and largely fail to retain gains after
Moody's threatens downgrades of two large bond insurers, darkening cheer
from data showing the service economy to be in better shape than
expected.

Lehman shares slip as broker reportedly seeks overseas capital

SAN FRANCISCO
Lehman Brothers may seek capital from overseas investors as the
brokerage firm tries to calm concerns about its leverage, exposure to
troubled mortgage-related assets and access to cash and other short-term
sources of money.

United Airlines cuts up to 1,600 jobs as it eyes higher fuel cost

United Airlines is cutting up to 1,600 jobs and removing older jets from
its fleet as the No. 2 U.S. carrier moves to reduce costs in the face of
a whopping $3 billion fuel bill and a slower economy.

European Central Bank to remain on hold, economists say

A pick-up in already strong inflationary pressures all but assures that
the European Central Bank's key interest rate will be left on hold when
its rate-setting policy council meets Thursday, economists said.

Economic Report: Private-sector jobs add 40,000 in May, ADP survey
shows

Companies in the U.S. private sector added 40,000 jobs in May, according
to a sampling of payrolls administered by Automatic Data Processing.
Data raise prospects for a better-than-anticipated reading for the
nation's payrolls when the Labor Department reports data on Friday.

Stocks end mixed in choppy trade after news that Moody's may lower ratings on Ambac and MBIA offset upbeat economic reports.

Date: Wed, 4 Jun 2008 16:02:09 -0400

Stocks end mixed in choppy trade after news that Moody's may lower
ratings on Ambac and MBIA offset upbeat economic reports.

U.S. stocks solidify gains on service sector expansion

Date: Wed, 04 Jun 2008 12:03:13 -0400
U.S. stocks solidify gains on service sector expansion

U.S. stocks post modest gains, with the Institute for Supply Management
reporting that service industries were in better shape in May than
expected.

Lehman shares slip as broker reportedly seeks overseas capital

SAN FRANCISCO
Lehman Brothers may seek capital from overseas investors as the
brokerage firm tries to calm concerns about its leverage, exposure to
troubled mortgage-related assets and access to cash and other short-term
sources of money.

United Airlines cuts up to 1,600 jobs as it eyes higher fuel cost

United Airlines is cutting up to 1,600 jobs and removing older jets from
its fleet as the No. 2 U.S. carrier moves to reduce costs in the face of
a whopping $3 billion fuel bill and a slower economy.

European Central Bank to remain on hold, economists say

A pick-up in already strong inflationary pressures all but assures that
the European Central Bank's key interest rate will be left on hold when
its rate-setting policy council meets Thursday, economists said.

Economic Report: Private-sector jobs add 40,000 in May, ADP survey
shows

Companies in the U.S. private sector added 40,000 jobs in May, according
to a sampling of payrolls administered by Automatic Data Processing.
Data raise prospects for a better-than-anticipated reading for the
nation's payrolls when the Labor Department reports data on Friday.

Oil prices fall after government report shows gasoline stockpiles rose more than expected and an unexpected crude supply decline.

Date: Wed, 4 Jun 2008 10:39:03 -0400

Oil prices fall after government report shows gasoline stockpiles rose
more than expected and an unexpected crude supply decline.

Clinton offers praise, does not concede

Date: Wed, 04 Jun 2008 05:57:40 -0500

NEWS
Most say gay marriage private choice
---------------------------------------------
Six in 10 Americans say the government should not regulate whether gays
and lesbians can marry the people they choose, a survey finds.

Clinton offers praise, does not concede
---------------------------------------------
Hillary Rodham Clinton, once the Democratic presidential front-runner,
ended a hard-fought primary season Tuesday unable to claim victory but
unwilling to concede defeat.

Senators: Marines bungled video system
---------------------------------------------
The Marines have mismanaged a four-year effort to develop hidden video
cameras to track insurgents planting roadside bombs, according to a
letter to Defense Secretary Robert Gates from two senators.

MONEY

Institutional investors cited in rising oil prices
---------------------------------------------
The list of culprits to blame for $4 gas and $125 oil keeps getting
longer. Oil-thirsty China and India get most of the blame. The declining
U.S. dollar, tight supplies, geopolitics and hurricanes also are on the
villains list.

Drivers choose cars over trucks as auto sales plunge
---------------------------------------------
Cars outsold the top-selling Ford F-series truck in May for the first
time since 1992, a sign of the rapid shift in customers' preferences
from trucks and SUVs to small cars that is forcing painful production
cuts and plant closures at General Motors and Ford Motor.

Stocks inch down at the open despite falling oil prices and upwardly revised productivity report. United grounds jets, cuts jobs.

Date: Wed, 4 Jun 2008 09:36:03 -0400

Stocks inch down at the open despite falling oil prices and upwardly
revised productivity report. United grounds jets, cuts jobs.

News Alert! Obama Claims Victory

Date: Tue, 3 Jun 2008 22:19:41 -0400

After delegate counts showed Barack Obama had secured enough delegates
to win the Democratic nomination, the Illinois senator declared victory
at a speech in Minnesota. "Tonight, I can stand before you and say that
I will be the Democratic nominee for president of the United States," he
said.

Obama wins in Montana

Date: Tue, 3 Jun 2008 19:09:14 -0700 (PDT)

Barack Obama has won the Democratic primary in Montana.

Hillary wins in South Dakota

Date: Tue, 3 Jun 2008 18:41:10 -0700 (PDT)

Hillary Rodham Clinton has won the Democratic primary in South Dakota.

Breaking News Tue., June 3, 2008

Date: Tue, 3 Jun 2008 14:53:54 -0700 (PDT)

SEN. BARACK OBAMA WILL HAVE ENOUGH DELEGATES TO CLINCH THE DEMOCRATIC
NOMINATION TONIGHT.

Breaking News Tue., June 3, 2008

Date: Tue, 3 Jun 2008 14:53:54 -0700 (PDT)

SEN. BARACK OBAMA WILL HAVE ENOUGH DELEGATES TO CLINCH THE DEMOCRATIC
NOMINATION TONIGHT.

Marketsr Tuesday, 06/3/2008

Tuesday, 6/3/2008

| Dow : 12402.85 down 100.97

| S & P : 1377.65 down 8.02

| NASDAQ: 2480.48 down 11.05

| Bond (10Y): 3.89%, 99.81

MARKETS:
Stocks sustain losses
Investors consider falling oil prices, Bernanke's comments, factory
orders report, and news about GM and Lehman.

U.S. stocks end lower for second day, pressured by financials

Date: Tue, 03 Jun 2008 17:04:57 -0400

U.S. stocks end lower for second day, pressured by financials

U.S. stocks extend losses with sentiment alternately buoyed by a
stronger-than-expected rise in factory orders but darkened by a report
that Lehman Brothers Holdings Inc. might have to raise additional
capital. .

Cars gain, but trucks push U.S. May sales sharply lower

Ford, GM and other auto makers deliver still more evidence of just how
brutal it has become to sell big trucks and SUVs in the face of
record-high gas prices and a slumping U.S. housing market.

GM to close four truck plants, shifting product mix toward cars

General Motors Chief Executive Rick Wagoner says the auto maker plans to
boost its product mix to 60% cars from 50%, with four plants that make
trucks slated to close.

Soros says commodity bubble echoes run-up to '87 crash

Celebrated investor George Soros says the investment flood into
commodity indexes bears eerie similarities to the craze for portfolio
insurance that led to the stock market crash of 1987.

The Fed: Fed's Bernanke defends the dollar, cites economic fallout

Breaking a long-standing tradition of relative silence on the dollar,
Fed Chairman Ben Bernanke signals discomfort with the ramifications for
the U.S. economy from the greenback staying weak.

AP reports Obama effectively clinches Democratic nod

Date: Tue, 03 Jun 2008 12:37:40 -0500

WASHINGTON (AP) - Barack Obama effectively clinched the Democratic
presidential
nomination Tuesday, based on an Associated Press tally of convention
delegates,
becoming the first black candidate ever to lead his party into a fall
campaign
for the White House. The AP tally was based on public commitments from
delegates as well as more than a dozen private commitments. It also
included a minimum number of delegates Obama was guaranteed even if he
lost the final two primaries in South Dakota and Montana later in the
day.

Stocks inch up at the open as Wall St. reacts to Bernanke's economic outlook, lower oil prices and GM's plan to shut 4 truck plants.

Date: Tue, 3 Jun 2008 09:32:23 -0400

Stocks inch up at the open as Wall St. reacts to Bernanke's economic
outlook, lower oil prices and GM's plan to shut 4 truck plants.

Financial markets 'remain strained,' high oil prices and housing woes threaten economic growth.

Date: Tue, 3 Jun 2008 09:02:09 -0400

Fed chief Bernanke: Financial markets 'remain strained,' high oil prices
and housing woes threaten economic growth.

Breaking News Mon., June 2, 2008

Date: Mon, 2 Jun 2008 13:57:46 -0700 (PDT)

THE AVERAGE PRICE OF A GALLON OF GASOLINE ROSE FOUR CENTS TO $3.98, THE
HIGHEST PRICE EVER RECORDED, THE ENERGY DEPARTMENT REPORTS.

Markets Monday, 06/2/2008

Monday, 6/2/2008

| Dow : 12503.82 down 134.50

| S & P : 1385.67 down 14.71

| NASDAQ: 2491.53 down 31.13

| Bond (10Y): 3.96%, 99.28

MARKETS:
Stocks fumble on bank woes
Wall Street slides after a pair of financial firms announce management
shakeups, and S&P cuts debt rating for Merrill, Lehman and others.

U.S. stocks end sharply off on trouble in financial sector

Date: Mon, 02 Jun 2008 17:04:23 -0400
U.S. stocks end sharply off on trouble in financial sector

U.S. stocks extend their first decline in five sessions as Standard &
Poor's cuts its debt ratings on three large brokerages, adding to
earlier losses stemming from upheavals at Wachovia Corp. and Washington
Mutual Inc.

The Fed: Too soon to breathe easy, Lockhart says

The president of the Federal Reserve Bank of Atlanta sounds some
reassuring notes on the outlook for the nation's economy.

Subprime mortgage mess claims another bank CEO

Ken Thompson, chief executive of Wachovia Corp., on Monday became the
latest CEO casualty of the U.S. housing downturn and related fallout
from the subprime mortgage crunch.

China Telecom pays $15.9 billion for Unicom's CDMA assets

China Telecommunications Group, China's largest fixed-line operator, has
agreed to pay the equivalent of $14.4 billion)to acquire the
CDMA-cellular-network assets of China Unicom Group, part of a sweeping
overhaul of the mainland's telecom industry.

Wind-energy leaders call on Washington for help

Wind-energy leaders meeting at the biggest-ever industry conference call
on the federal government to both extend federal tax credits and pave
the way for more grid infrastructure to help the United States tap into
this vast, clean form of power.

Stocks tumble as S&P cuts ratings on several financial firms and Wachovia and WaMu shake up their management.

Date: Mon, 2 Jun 2008 16:01:04 -0400

Stocks tumble as S&P cuts ratings on several financial firms and
Wachovia and WaMu shake up their management.

BREAKING NEWS: Kennedy out of surgery

Date: Mon, 2 Jun 2008 11:02:06 -0700 (PDT)
Kennedy out of surgery

Family spokeswoman says Sen. Edward M. Kennedy is out of surgery at Duke
Medical Center.

Dow extends loss to 200 points on concerns about banks.

Date: Mon, 2 Jun 2008 12:50:08 -0400

Dow extends loss to 200 points on concerns about banks.

Rock pioneer Bo Diddley dies

Date: Mon, 02 Jun 2008 11:39:46 -0500

JACKSONVILLE, Fla. (AP) - Bo Diddley, a founding father of rock 'n' roll
whose distinctive "shave and a haircut, two bits" rhythm and innovative
guitar effects inspired legions of other musicians, died Monday after
months of ill health. He was 79.

U.S. stock losses mount as financial-sector shakeups take toll

Date: Mon, 02 Jun 2008 12:03:11 -0400
U.S. stock losses mount as financial-sector shakeups take toll

U.S. stocks started lower on Monday ahead of U.S. manufacturing data
likely to illustrate another month of an industry slowdown, as a warning
from British lender Bradford & Bingley Plc revived worries about credit
losses.

China Telecom pays $15.9 billion for Unicom's CDMA assets

China Telecommunications Group, China's largest fixed-line operator, has
agreed to pay the equivalent of $14.4 billion)to acquire the
CDMA-cellular-network assets of China Unicom Group, part of a sweeping
overhaul of the mainland's telecom industry.

Subprime mortgage mess claims another bank CEO

Ken Thompson, chief executive of Wachovia Corp., on Monday became the
latest CEO casualty of the U.S. housing downturn and related fallout
from the subprime mortgage crunch.

U.K.'s Bradford & Bingley issues warning, scales back offer

Shares of Bradford & Bingley plummet in London, as the U.K. lender
scales back a planned issue of discounted stock and as its chief
executive steps down due to a health problem.

Dow industrials fall nearly 120 points early Monday

Date: Mon, 02 Jun 2008 10:16:25 -0400

Dow industrials fall nearly 120 points early Monday
6/2/2008 10:13:06 AM

Breaking News: Judge orders return of polygamist-sect kids

Date: Mon, 02 Jun 2008 09:41:51 -0500

SAN ANGELO, Texas (AP) - A Texas district judge has ordered the return
of more than 400 children taken from a polygamist group's ranch. Parents
are allowed to begin picking up their children at 11 a.m. ET Monday. The
order comes just days after the Texas Supreme Court said the state
overreached in seizing custody of the children from the Fundamentalist
Church of Jesus Christ of Latter Day Saints ranch.

Manufacturing activity rose unexpectedly in May, but remained weak.

Date: Mon, 2 Jun 2008 10:05:07 -0400

Manufacturing activity rose unexpectedly in May, but remained weak.

Stocks fall at the open as Wall Street despite falling oil prices, which are now well below their record highs.

Date: Mon, 2 Jun 2008 09:33:05 -0400

Stocks fall at the open as Wall Street despite falling oil prices, which
are now well below their record highs.

Breaking News

Date: Sun, 1 Jun 2008 18:48:04 -0400

Fashion Designer Yves Saint Laurent has died in Paris, French media
report.

Breaking News Mon., June 2, 2008

Date: Mon, 2 Jun 2008 04:31:05 -0700 (PDT)

SEN. TED KENNEDY HAS ANNOUNCED HE WILL UNDERGO SURGERY FOR HIS BRAIN
TUMOR THIS MORNING AT DUKE UNIVERSITY MEDICAL CENTER

Clinton projected winner in Puerto Rico primary

Date: Sun, 01 Jun 2008 15:12:17 -0400

Clinton projected winner in Puerto Rico primary
6/1/2008 3:09:01 PM