Wednesday, May 13, 2009

Crude rises as U.S. inventories fall unexpectedly

Date: Wed, 13 May 2009 12:01:41 -0400

Crude rises as U.S. inventories fall unexpectedly

Crude-oil futures rise after government data show U.S. inventories
marked a surprising fall last week, declining for the first week in
10, as the country imported less oil.

INTEL FINED A RECORD $1.45 BLN BY E.U. REGULATOR

The European Competition Commission fines chip maker Intel a record
1.06 billion euros ($1.45 billion) for abusing its dominance of the
market to squeeze out rival Advanced Micro Devices.

INTEL AND THE FOLLY OF REGULATION

The European Commission case against Intel isn't likely to make much
difference.

TEXT OF EUROPEAN COMMISSION STATEMENT ON INTEL

The text of the European Commission statement on its fine of Intel for
anti-competitive behavior.

INTEL CEO: SECOND QUARTER 'BETTER THAN EXPECTED'

Shares of Intel Corp. rise in after-hours trading after company Chief
Executive Paul Otellini says the chip giant's business in the second
quarter was 'a little better than expected.'

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