Oil falls as Libya disruptions haunt markets
Oil prices slipped below 97 dollars a barrel after spiking past 100 as Libya’s unrest rattled supply. Amid reports of halted exports, a Libyan Tobruk loading tanker bound for China emerged while Saudi Arabia boosted shipments. Brent and WTI traded lower, with traders pricing a fear premium of 15 to 20 dollars amid ongoing regional turmoil.
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Gmail outage affects tens of thousands of users
Google restored access to a portion of Gmail users after a Sunday issue that deleted some messages. The company said 0.02 percent were affected, down from 0.29 percent, and full recovery was expected by early morning. Backup options include enabling POP and downloading mail with Thunderbird.
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Taco Bell Returns to TV to Address Beef Controversy Ad Campaign
Taco Bell launches a $3 million TV push amid a California lawsuit over its seasoned beef. The ads emphasize 88 percent beef content and a 12 percent signature seasoning, promote an 88 cent Crunchwrap deal, and direct viewers to the company site.
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Tax cut shows small January boost in consumer spending
January spending rose only 0.2 percent while personal income jumped 1 percent as Social Security tax cuts disperse about 110 billion dollars this year. Economists expect Easter sales to test the impact, with higher earners saving more and lower earners likely to spend some.
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