Economy shows signs of stabilization amid lingering job fears
The economy appears to level off after a six month decline as indicators stabilize and April sales edge up. Unemployment rises, credit markets thaw slowly, and Wall Street rallies with the Dow up about 250 points while officials caution growth will take months. Lawrence Summers predicts the free fall feeling may end soon.
MENTIONED IN THIS ARTICLE
Washington
Wall Street
U.S
Barack Obama
Lawrence Summers
Oil prices rise sharply on strong stock market accuracy
Oil prices climbed as traders weighed a resilient stock market and upbeat retail results. Nymex in New York settled at 52.24 a barrel and Brent at 54.06 on ICE, with light trading as markets shortened for the week and retailers reported stronger first quarter revenue.
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New York
New York Mercantile Exchange
Nymex
London
Brent
ICE Futures Exchange
MF Global
Home Deco
Bed Bath & Beyond Inc
Ruby Tuesday Inc
Hot Topic Inc
Dow Industries
Dow Unites
Dow Transportation
NYSE
S&p
ProtectOne
Pta
GeneteTh
Textron
OinFinBull
CrsTom
Sefwa
EasternCo
Ekorgidg
Microsoft
Umied
Lowes
Nordson
Nash
MAD
Northropg NY
Parkertian
Petobrs S
Qoonasd
Daread
Prushsbp NY
ProuliFin
Sherwin NY
Smucker NY
Snemkts
Wahler
Lvsands
Roy
UBC VA
Oypeans
Cattiy
NYMX
Chicago Board of Trade
CME
NYBT
New York Board
American Funds
Bala
Bonda m
Mih
Mws
Eurpacgramfb
FninvAm
GrthAmAm
incAmerAm MA
Invcoama m LV
Wamutinva m LV
Dodge & Cox mntiStk
Nance
Fidelity Divinntt
PIMCO
Vanguard
Europe
Front-page ad mimics news story in Los Angeles Times
The Los Angeles Times ran a front-page advertisement resembling a news story for NBC's Southland. The half-column ad sits below the fold and is labeled as advertising. USC journalism professor Bryce Nelson notes it is a rare intrusion on the front page.
MENTIONED IN THIS ARTICLE
Los Angeles
Los Angeles Times
NBC
Southland
University of Southern California
Bryce Nelson
U.S
Nelson
The
Times
Nancy Sullivan
NBC Universal
Cory@ Shields
Wells Fargo posts surprising first quarter profit for 3 billion
Wells Fargo reports about 3 billion in first quarter earnings, the bank's highest income ever and double analysts' forecast. The result signals improving bank profits amid low rates and rising mortgage lending, with potential spillover to other institutions and the broader economy. CFO Howard Atkins cautions against overinterpretation.
MENTIONED IN THIS ARTICLE
New York
Wells Fargo
U.S
Washington
Wells Fargo & Co
Richard Bove
Rochdale Securities
Citigroup Inc
Morgan Stanley
Wells
Bove
Howard Atkins
Associated Press
Shriners May Close 5 Hospitals Over Endowment Woes
Shriners Hospitals weighing closure of a quarter of its 22 facilities in the United States Canada and Mexico as donations lag and the endowment falls from 8 billion to 5 billion dollars. Officials say the fund drains about 1 million daily to cover budgets while a vote on closures is planned for this summer.
MENTIONED IN THIS ARTICLE
Greenville
S.C
Also Mentioned on This Page
L.A. Times
Jacob Adelman
Bank's Museum
San Francisco
Shriners
Tals
Ralph Lemb
Shriners Hospitals For Children
Sufort
Burn
Shriners Hospitals System
Shreveport
Shriners Hospital & the
Shriners Hospital
Greenville Hospital
the Market IN Review
Dany Dow Jones
Dow Jones
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