Financial news on August 5th, 2006
Business and Financial news
SOARING temperatures across much of the country and escalating violence in the Middle East kept energy prices high, making some economists worry that consumers may stop spending — or that concern about rising prices generally will push up interest... Read more..
The company’s chief executive spoke about how far-reaching Adobe has become in Americans’ daily lives. Read more..
Crutchfield, a Web site with product reviews, invites people to call them for free technical support. What are they, nuts!? Haven’t they learned anything from the computer industry? Read more..
Berkshire Hathaway said that another former executive of its reinsurance unit was being investigated by the Justice Department. Read more..
Hector de J. Ruiz, a patient listener, grew up poor in Mexico and became chief executive of Advanced Micro Devices. Read more..
Toyota said it had reached a settlement in a sexual harassment lawsuit filed against a former top executive by another employee. Read more..
Budget Travel identifies “four friendly cities” where “you can walk everywhere you want to go,” and are consistent with the magazine’s name. Read more..
Unemployment jumped to 4.8 percent and job growth was slow, the strongest evidence yet of a weakening economy. Read more..
A correspondent for The Chicago Tribune managed to trace the origins of the gasoline sold at a station near Chicago. Read more..
The evidence of deceleration is leading some investment advisers to express concern that a recession may lie around the bend. Read more..