Crude futures rebound after four day drop
Oil prices rose Tuesday as investors paused selling to gauge the impact of a government bailout. Light crude for November delivery settled at 90.06 a barrel on the NYMEX, after trading as high as 93.02, with a prior slide near 13 over four sessions.
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NADA chair warns 700 auto dealers could close this year
Annette Sykora chairwoman of the National Automobile Dealers Association told the Automotive Press Association in Detroit that the credit crunch and economic woes could shutter about 700 auto dealers this year. She urged swift government action on a $700 billion rescue plan to thaw credit and restore consumer confidence.
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Simpson's future hinges on armed robbery appeal
Las Vegas lawyers weigh odds that O J Simpson can gain a new trial by arguing racial prejudice and courtroom intrusion from his 1995 acquittal. Others say cumulative errors and restricted cross examination could justify reversal even as the murder verdict shadows the case.
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