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Odessa American in Odessa, Texas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jul 10, 2008

Page

2

Stocks tumble on financial unease in New York

On a tense trading session in New York Wall Street dropped as investors grappled with renewed worries about the soundness of the financial sector. Freddie Mac and Fannie Mae led declines as concerns grew over potential larger credit write-downs and housing slump losses.

New York Wall Street Freddie Mac Fannie Mae Scott Wren Wachovia Securities New York Mercantile Exchange Standard ‘& Poor

Oil Prices Drift After U.S. Data and Iran Missile Test

Oil settled slightly higher after fluctuating on reports of lower U.S. stockpiles and Iran missile tests. Light sweet crude ended at 136.05 a barrel on the NYMEX, with intraday highs near 138.28, as Iran's Revolutionary Guards reportedly fired missiles amid war games.

U.S Iran New York New York Mercantile Exchange Energy Information’ Administration Platts Revolutionary Guards

Food price hikes strain U S school lunch programs

Washington reports that rising food and fuel costs are squeezing school kitchens. Higher corn based ethanol demand and a weak dollar push up prices for fruit vegetables milk and meat, threatening free and reduced price meals for over 30 million children.

Washington School Nutrition Association Pavel N. Matustik Santa Clarita Valley California Agriculture Department

Pentagon to oversee tanker bid redo amid GAO critique

Defense Secretary Robert Gates says the Pentagon will oversee a new competition between Boeing and Northrop Grumman for the $35 billion Air Force tanker contract. The move follows GAO findings of significant Air Force bid errors and a plan to appoint a source-selection panel.

Washington Boeing Co Northrop Grumman Corp Air Force Pentagon Defense Robert Gates Boeing Northrop Airbus Government Accountability Office GAO European Aeronautic Defence and Space Co John Young Defense Department

Also Mentioned on This Page

THE Associated Press David Karpjap New York Stock. Exchange RAN Gates Western Dulce ‘Agnor Letty Moreno County West Odessa Texas Keith Lolita Wallum Pyas St Odessa Beye Ss. Ae Golder Door Busters Musicworldcentral.com ProKool Qefer Venation Equipment Famprpasoan Vince Aly Toy Permian AIL Go Ulc Heath Tost McDa Mice Mart Moura IDT Sungene CY Thur Ky Tom Curt Sumo
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