State issues 1.4 billion in bonds for unemployment fund
Texas completes a 1.4 billion bond sale to rebuild the unemployment trust fund after a sustained jobless rate above 6 percent. The sale, approved after a legislative change, should save employers about 300 million in unemployment taxes over five years by replacing federal borrowing.
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Dallas
Texas Workforce Commission
Texas
The
Workforce Commission
Nasdaq sinks as oil cut spooks markets on fears of overvaluation
The Nasdaq composite fell 38.02 points to 1,843.70 as OPEC announced a 3.5 percent oil production cut starting in November. The Dow dropped 150.53 to 9,425.51 and the S P 500 slid 19.65 to 1,009.38 amid renewed profit taking and warnings of stretched valuations. Microsoft, Intel, and Cisco led tech losses as investors retreated from high tech after a six month rally.
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Richard A. Dickson
Gist
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Palm Beach
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Larry Wachtel
Wachovia Securities
Wachtel
Dow
Standard & Poor
Organization of Petroleum Exporting Countries
Microsoft Corp
Intel Corp
Cisco Systems Inc
At&t IS NY
Roger NY
Alstate
ApkiMatl Astiand NY
AB AG Hi
Cuntthéio
Lynadell NY Chinsair
Jacmesspr
Astralites
Almet
MeDahls
Sengsco
Ivanchos
Merck WY
Jactperf
TA BemaGold
Motorola
Buinsf NY
Norielnw
FSG
Axonyx Walker
Cane NY
Penney Bt
LosEn Eas
Wore
PepsiGa
Procit
orusGr Smith AO
Conagr
Safcon
ConocPhil NY
Balenthis
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BalTech
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Com Ny
Emerson
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Mercury
HUA
HHA
Zere
Weil
Nava Us
Aezia
Lampe
Morgans
Proposed ban on bulk tequila shipments Angers U.S. liquor industry
The Mexican proposal to require tequila be bottled in Mexico would ban bulk shipments, prompting the Distilled Spirits Council of the United States to warn of higher prices and job losses. Industry groups cite WTO and NAFTA commitments, while supporters say it could improve quality monitoring.
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U.S
Mexico
United States
Washington
Tequila Lovers of
America
Distilled Spirits Council of
Council
Peter Cressy
World Trade Organization
Canada
Mexican Bureau of Standards
Frank Coleman
Distilled Spirits Council
Tequila Regulatory Council
Coleman
California
Arkansas
Missour
Kentucky
Cuervo
Diageo North America
Stanford
Conn
OPEC cut sparks crude and products rally
Oil futures surged as OPEC moved to cut output by 900,000 barrels a day starting November 1, lifting light crude and Brent futures. Analysts noted supply concerns, while U.S. inventories rose slightly and prices remained under $30 a barrel amid mixed signals.
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OPEC
NEW York
New York Mercantile Exchange
London
International Petroleum Exchange
Organization of Petroleum Exporting
U.S
Tom
John Kilduff
Fimat USA Inc
Department of Energy
Statistical Am
Energy Information Administration
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