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FEATURES
NEWSCAST
From Los Angeles: The Muslim holy month of Ramadan began over the weekend. The holiday is marked by strict daytime fasting. But once the sun sets, business booms.
From Los Angeles: The price of crude oil keeps breaking records. So will prices peak soon? Maybe not ...
From New York: Jurors hear opening arguments today in a case pitting the World Trade Center's lease-holder against the insurance companies. It's the second phase of a trial to decide insurers' liabilities in the wake of 9-11.
From Beijing: There are 1.3 billion people in China. That's what's called a promising market. One of those people, Yao Ming, is a star in the National Basketball Association.
From Rome: Italy's Prime Minister used to be one of the country's top businessmen. Years ago, one of his companies was accused of questionable accounting practices. Later, when he relaxed Italy's accounting fraud laws, it raised a few eyebrows.
From New York: More pay-cuts for employees of US Airways...A bankruptcy judge approved a 21 percent pay cut for the carrier's union workers.
From London: South Africa's biggest gold mining company has launched a multi-billion-dollar takeover bid for a rival gold producer.
From Washington: As US Air employees re-calculate their home budgets, Northwest Airlines pilots are next in line to deal with the issue of taking a pay cut...
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DOW -5.11% |
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NASDAQ -5.80% |
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S & P -5.74% |
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