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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jun 26, 2008

Page

6

Global energy demand to rise 50 percent by 2030 says U S government

The Energy Information Administration foresees fossil fuels remaining central to transport and power, with oil prices reaching up to 186 per barrel by 2030. Growth driven by China and developing nations brackets emissions, coal dominating electricity despite climate concerns, and carbon output rising 51 percent versus three years ago.

Washington Energy Information Administration China Middle East Africa Guy Caruso Caruso

Fed holds rates at 5 percent after a year of cuts

The Federal Reserve kept the target federal funds rate unchanged at 2 percent and left the prime lending rate at 5 percent. Officials signaled that the rate cuts already implemented should support moderate growth and that risks to faster growth had diminished somewhat amid inflation worries.

Washington Federal Reserve Fed

Stocks Rise Modestly After Fed Leaves Rates Unchanged

U.S. markets ended mixed but higher as the Federal Reserve held rates steady and offered a tempered economy view. The Dow gained 4.40 points to 11,811.83, the S&P 500 added 7.68 to 1,321.97, and the Nasdaq rose 32.98 to 2,401.26.

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Tribune Tower may be sold to cut Tribune debt

Tribune Co faces massive debt and could sell Chicago Tribune and Times Mirror Square in Los Angeles. The company already agreed to sell 97 percent of Newsday to Cablevision Systems for 650 million dollars. It owns WGN and other papers including Baltimore Sun Hartford Courant and Orlando Sentinel while cutting up to five hundred pages weekly and potentially reducing staff.

Chicago — Tribune Co Chicago Tribune Times Mirror Square Los Angeles Los Angeles Times Tribune Tower Chicago Zell Tribune Long Island N.Y Newsday Cablevision Systems CVC WGN Baltimore Sun The Hartford Courant Orlando Sentinel Cer Randy Michaels Shock Cleveland American Greetings Corp Canada Thomson Financial Survey American Greetings Zev Weiss

Amusement parks oppose admissions tax amid tourism concerns

Mason Kings Island and The Beach Waterpark push back on a proposed 1 to 3 percent admissions tax, arguing it would hurt Warren County’s tourism industry already strained by high gas prices. local officials say taxes fund road projects but warn of potential attendance declines while Amusement Business data show 2005 figures.

Mason Kings Island Pamela Strickfaden Ohio Ohio Department of Taxation Warren County Cincinnati Shirley Bonekemper Tourism Bureau Amusement

Also Mentioned on This Page

H. Josef Hebert Associated Press the Market IN Review Dany Dow Jones Jeannine Aversa Bernanke Madsen Tribune Company Greg Scheid
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