Saudis push to raise oil output amid price pressure
Saudi Arabia aims to boost production to 10 million barrels per day the highest in 30 years signaling dominance over OPEC after a rejected request to lift output. Prices slipped 2.6 percent as markets priced in tighter supply and demand gaps for Q3.
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New York
Saudi Arabia
OPEC
Jim Ritterbusch
West Texas
New York Mercantile Exchange
U.S. Energy Information Administration
Energy Information Administration
U.S
Citigroup reports data breach affecting 200000 credit card customers
Citi disclosed that names, account numbers, and email addresses for about 200,000 credit card customers were stolen. The bank will notify victims and most will receive a new card, while officials investigate. No CVV codes were exposed. The breach raises concerns about bank security and potential phishing risks.
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New York
Citigroup
Sony PlayStation
Lockheed Martin
Best Buy
Target
Citi
Jacob Jegher
Jegher
Celent
Fears of recovery stall push stocks lower and extend weekly loss
Frustrated by weak hiring and housing, markets fall as Dow drops to 11951.91 and Nasdaq 2643.73. The week marks the sixth straight weekly decline, the longest since 2002, with expectations of slow growth rather than recession.
MENTIONED IN THIS ARTICLE
S&p
Jack Ablin
Harris Private Bank
Gas prices drive rising scooter sales in Florida
With gas near four dollars a gallon and scarce used cars, scooter sales are surging. Dr. Richard Bromberg in Fort Lauderdale favors his Piaggio while Ron Marchisotto of Varsity Cycle says sales are up about 60 percent from last year as buyers seek high mpg options from Kymco and Vespa amid rising fuel costs.
MENTIONED IN THIS ARTICLE
Orlando
Fla
United States
Richard Bromberg
Fort Lauderdale
Bromberg
Ron Marchisotto
Varsity Cycle
Kymco
Marchisotto
Quarry Road Culvert 0565 Replacement Set for June Start
Lorain County Engineer Ken Carney announces Quarry Road Culvert 0565 replacement in Wellington and Brighton Townships starts 8:00 a.m. June 13 2010 for 30 days. Project costs 53185.50 with 89 percent OCWP funding and 11 percent County Engineer Funds. Quarry Road will be closed just south of Jones Road with detour signs posted.
MENTIONED IN THIS ARTICLE
Lorain
Ken Carney
Wellington
Brighton
Ohio Public Works Commission
Jones Road
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GrahamCp 19.30 -1.81 -8.6 Diodes
Sequans
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Antrak
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Taseko
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NA Pall G
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Oracle
GenElec
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Pfizer
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Frank Temp-Franklin
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