Financial news on October 15th, 2006

Business and Financial news
Competitive Era Fails to Shrink Electric Bills

A decade after the electricity business was opened to competition, the market has not produced a drop in prices. Read more..

By DAVID CAY JOHNSTON - The New York Times

OPEC to Meet to Discuss Cut in Oil Output

The Organization of Petroleum Exporting Countries will hold an emergency meeting in Doha, Qatar, on Oct. 19 to discuss a 1 million barrel-a-day output cut. Read more..

By BLOOMBERG NEWS - The New York Times

See what else happened on October 15th, 2006