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The Greenwash Brigade

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The Wire: Latest headlines

Clear Channel, lenders resolve dispute over buyout

Clear Channel Communications Inc. has settled a legal dispute with the lenders funding its private equity buyout, clearing the way for the radio and outdoor advertising company to finally seal the deal nearly two years after it was first announced.

Oil prices steady in Asia after record near $127

Oil prices held steady Wednesday in Asia after falling back from a record near $127 a barrel in the previous session on concerns Iran may consider cutting oil production.

High oil prices rekindle oil production in Mo.

Pumpjacks, the oil rigs that resemble those thirsty bird toys, are going up in Missouri for the first time in two decades, the latest region to revive a long-faded industry as crude nears $130 a barrel.

Chinese shares rebound from losses after quake

Chinese stocks rose Wednesday morning, rebounding from losses that came after an earthquake killed thousands of people and devastated parts of central China's Sichuan province.

Stocks mixed after retail sales report, spiking oil

Wall Street turned in a mixed performance Tuesday after a fresh report on retail sales and a new oil price record told investors the same old story: The economy is hurting and costs are rising, but things could be worse.

HP taking aim on IBM with risky $13.2B acquisition of EDS

Riding a hot streak that has doubled its stock price in the past three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp.

Wal-Mart and TJX report solid 1st-quarter profit gains

NEW YORK _ Solid first-quarter profits from discounters Wal-Mart and TJX show that more Americans are hunting for bargains as they struggle to cover their monthly credit card payments, put food on the table and gas in the family car.

Reports: Carl Icahn considering attempt to oust Yahoo board

Billionaire investor Carl Icahn is reportedly loading up on Yahoo Inc.'s stock in preparation for a possible attempt to shove aside the Internet icon's board and bring the company's disillusioned suitor, Microsoft Corp., back to the bargaining table.

IAC, Liberty resolve spinoff legal skirmish

Media moguls Barry Diller and John Malone have settled their differences over the breakup of Diller's IAC/InterActiveCorp, paving the way for the Internet conglomerate to spin off four of its units.