Iran missile tests trigger oil price rebound to near 138
Oil rose on August futures to 137.48 a barrel after Iran fired nine missiles in war games. Prices receded from highs above 145 earlier this week as a stronger dollar and mixed signals tempered gains. Iran said the drills show resolve against threats, while analysts noted tensions had eased then reasserted.
MENTIONED IN THIS ARTICLE
Vienna
Austria
Iran
U.S
Hossein Salami
New York Mercantile Exchange
Victor Shum
Purvin & Gertz
Singapore
Apple iPhone faces challenges as next generation debuts
Apple aims for a strong second act with faster, cheaper iPhone models launching Friday. Despite solid momentum and a lofty brand, critics warn of competition and market fragmentation as Google Android grows. Analysts caution continued margins depend on sustaining the iPhone’s cool factor amid rivals.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Apple Inc
Apple
Wall Street
Steve Jobs
Google Inc
Andy Hargreaves
Pacific Crest Securities
Gas prices spark rise in online college courses nationwide
Laurel Ranticelli in Massachusetts weighs commuting from Springfield to UMass Amherst but opts for online courses to save fuel. Administrators report a surge in online enrollments, with Villanova noting a 40 percent summer increase attributed to high gas prices. An informal Victoria College poll shows 42 percent planning online classes for fuel savings.
MENTIONED IN THIS ARTICLE
Boston
Laurel Ranticelli
University of Massachusetts
Amherst
Ranticelli
Springfield
John Bourne
Sloan Consortium
Wellesley
Villanova University
Sean O’donnell
Villanova
Philadelphia-area
Victoria College
Texas
Mass
Americans pay less for gas than many nations worldwide
A report from Associates for International Research finds US average gasoline at just over four dollars per gallon, far cheaper than prices in Europe and several other countries. Oslo shows $9.85 per gallon for a Mini Cooper, while Eritrea Kenya Nicaragua India Chile and El Salvador charge above US levels.
MENTIONED IN THIS ARTICLE
Oslo
Norway
Associates For International Research Inc
U.S
Michael Shore
Europe
Eritrea
Kenya
Nicaragua
India
Chile
el Salvador
Steve & Barry's files for Chapter 11 bankruptcy
Steve & Barry's a Port Washington based retailer with 276 stores said it filed for Chapter 11 citing volatile credit markets and the economic slide. Stores remain open while payroll is trimmed and a sale of the company is being explored as liquidity pressures mount.
MENTIONED IN THIS ARTICLE
Steve & Barry’s
Melville
N.Y
Steve & Barry's
Port Washington, N.Y
City drops lead paint lawsuit in Columbus case
Columbus says the city has dropped a suit against Sherwin Williams and other former lead paint makers. Assistant City Attorney Glenn Redick said the Rhode Island Supreme Court ruling last week overturned a landmark jury verdict that held these firms liable for public nuisance, removing the basis for the suit.
MENTIONED IN THIS ARTICLE
Columbus
Sherwin-Williams Co
Rhode Island Supreme Court
Glenn Redick
Market in Review Snapshot Amid Narrow Trading
The market logged a high of 11 418.26 and a low of 11 141.99 amid a cautious trading session. Investors weighed small gains against lingering volatility as indexes hovered near the session’s range.
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George Jahn
Ting
Softbank
Tokyo
Omotesando
Japan
the Market IN Review
Dany Dow Jones
Dow Transportation
NYSE
S&p
MedCap Russet
TM Tech
HansenNat
Fannie Mae
Nvidias
FredMac
Inc
Fannie Mac
AMD
United
Ambach
MerriLyn
CrtryTel
Nadias Northropg
ParkHans
Diebold
PwShs
Emccp NY
Prushs&p Amex
Emerson E NY
Prushqoq Amex
Proushog
ProciGam NY
SearsHidgs
Friel
Stens
Nya Amex
TimeWam
Nya Amnex
Jpmoigh
WA Muta
Nasd
Wells Fargo NY
Ind
Wendys NY
Exch
Lt Sweet Crude
Nymx Oy
NYBT
New York Board
Ygar
BalAm
Eurpacgramfb
Growamera m LG
Invcoama m LV
Wamutinva m
Dodge & Cox IntiStk
Fidelity GrowCo
Fidelity LowPrintk
Vanguard
Morningstar
Aidarvia
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