AP - Oil companies once viewed drilling in the deep waters off Florida as cost prohibitive. Politicians feared even the slightest sign of support would be career suicide.
AP - Even as Wall Street skids lower almost by the day, and the major indexes have touched the levels of a bear market, some analysts are actually finding some signs in the performance of small-company stocks that might be pointing to the early stages of a much broader recovery.
Reuters - An even gloomier scenario may be in
store for an already ailing U.S. housing market if the overall
economy slips into a recession, according to UBS Securities
analysts.
AP - Nebraska Beef Ltd. is expanding a recall announced earlier this week to include all 5.3 million pounds of meat it produced for ground beef between May 16 and June 26.
Reuters - Unionized employees of Hyundai Motor Co
(005380.KS) will walk off the job for four hours next week to
push for a pay increase, the auto maker's union said on
Saturday.
AP - Despite the weak U.S. dollar, a boom in international travel around the world hasn't translated into an explosion of foreign tourists to the United States.
Reuters - Merrill Lynch & Co may sell
its 20 percent stake in financial news and data provider
Bloomberg LP to a blind trust controlled by New York City Mayor
Michael Bloomberg, The New York Post reported on Friday.
AP - To help poor Afghani villagers make money on potatoes instead of opium poppies, Idaho farmer Pat Rowe used a little old technology: root cellars.
AP - Expect fewer slices of red, ripe tomatoes next to the grill this holiday weekend.
AP - Fireworks aren't the only thing skyrocketing on this Fourth of July. The price of gas has hit another all-time high.
Reuters - Battered Swiss bank UBS said on Friday
it should be saved from another hefty loss in the second
quarter by a large tax credit, giving a much-needed though
short-lived boost to its share price.
