Oil prices fall for third straight day in cautious trading
Oil prices retreat below 80 a barrel as investors take profits after a rally. November crude slips to 79.53 on the New York Mercantile Exchange while analysts debate whether the drop signals a correction or the start of a long decline. Nigeria cease-fire ends with resumed attacks on oil sites.
MENTIONED IN THIS ARTICLE
New York
Addison Armstrong
TFS Energy Futures LLC
Stamford
Nigeria
Schork
Longer strike would hurt GM, analysts say
Analysts warn a prolonged UAW strike against General Motors could cost GM billions and slow momentum from new models. A strike longer than two weeks could burn through about 8.1 billion in month one and 7.2 billion in month two, while shorter work stoppages may not harm cash but could disrupt supply of Enclave Acadia Outlook.
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J.D. Power and Associates
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Rick Henry
HNI to acquire Harman Stove Co for 29.75 million
Muscatine based HNI Corp will buy Harman Stove Co of Halifax Pennsylvania for 29.75 million dollars in cash. Hearth & Home Technologies will integrate Harman and may issue contingent future payments if financial targets are met. Harman, founded in 1979 by Dan Harman, makes wood coal pellet gas stoves and related products in the United States. Harman annual sales exceed 40 million dollars.
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David DeWitte
Gazette
Muscatine
HNI Corp
Harman Stove Co
Halifax
Penn
HNI
Hearth & Home Technologies Inc
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Hearth & Home Technologies
Contin
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Dan Harman
Harman Iron
United States
SEC
From Home to Business Finances Separate
Esker warns concierge business owners to keep personal and business finances separate to avoid disaster. The piece notes pricing strategy, local reluctance for outside help, and a marketing shift toward personal quality time with family. Roland credits Esker for motivation and practical guidance. Call Janet B for more details.
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Cally
Roland
Amazon.com launches online music store amid DRM debate
Amazon.com unveiled its digital music store, Amazon MP3, with about 2.3 million songs, many DRM-free. Tracks cost 89 to 99 cents, albums 5.99 to 9.99, and labels including Universal and EMI participate. The service supports copying to multiple computers and playback on iPod and other devices.
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Seattle
Amazon.com Inc
Amazon Mp3
Apple Inc
iPod
Microsoft Corp
Universal Music Group
EMI Music
Amazon
Rounder Records
Trojan Records
Apple
iTunes
Emusic.com Inc
Bill Carr
Digital Music
Carr
Monsanto and EvoGene partner to cut crop nitrogen use
Monsanto Co and EvoGene Ltd form a collaboration to accelerate crops that require less nitrogen fertilizer. The deal gives Monsanto exclusive rights to Evogene discovered genes enabling corn, soybeans and cotton to use nitrogen more efficiently.
MENTIONED IN THIS ARTICLE
ST. Louis
Monsanto Co
Evogene Ltd
Monsanto
Evogene
U.S
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