Blu-ray wins video format battle
Toshiba drops out of the HD DVD versus Blu-ray war conceding to Sony’s format. The end of the clash promises simpler consumer choices though prices and players vary, with Blu-ray set to mature over 12 to 18 months as PS3 sales bolster its edge.
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New York
Toshiba Corp
Sony
Toshiba
ABS
Stephen Brown
Huntington Beach, Calif
Tamax Brown
Brown
Universal Studios
Sony Corp
Oil prices soar to record above $100 per barrel
Oil futures climbed to a record $100.10 as traders bet prices will rise despite ample supplies and softer demand. The surge followed a Texas refinery explosion, a falling dollar, possible OPEC cuts, and U S Venezuela tensions, with March crude closing at $100.01 and gasoline surging.
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Big Spring
Texas
Alon USA
New York
OPEC
U.S
Venezuela
Alan USA
New York Mercantile Exchange
Organization of Petroleum Exporting Countries
Hugo Chavez
Exxon Mobil Corp
James Cordier
OptionSellers.com
Tampa
Fla
Cordier
Energy Department
International Energy Agency
Delta and Northwest consider merger amid pilot union talks
Delta Air Lines and Northwest Airlines boards may vote today on a potential merger if pilot unions reach an integration deal. If pilots fail to agree, boards will receive a merger update as Delta weighs keeping the Atlanta base and talks of staff reductions at senior levels surface amid pressure from high fuel costs.
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Delta Air Lines Inc
Northwest Airlines Corp
Ing
Delta
Northwest
Eagan
Deere Posts Strong International Growth Amid Global Demand
Deere says sales outside North America rose 37 percent in the fiscal first quarter aided by higher crop prices and a weak dollar. Analysts predict continued farm equipment demand in 2008 driven by rising incomes, crop prices, and biofuel demand, with large machines in particular rising. Canada remains Iowa’s top export market, worth 3.1 billion in 2006, up from 1.7 billion in 2002 06. Exports support a sizable share of Iowa manufacturing jobs at 16 percent of workers.
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Intel
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Apple Inc
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LSI Corp NY
West
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iMoneyNet Inc
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Weyerh
Springville
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Penney NY
Whip
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PepsiCo
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Prizer NY
Yahoo Nash
Jones
Moline
Ill
Deere
North America
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Seth Weber
Weber
Canada
Mexico
Japan
Germany
China
U.S. Department of Commerce
Commerce Department
Office of Trade and Industry Information
Associated Press
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