Stocks Surge on Inflation Figures
OrlandoSentinelWall Street bounded higher Tuesday, propelling the Dow Jones industrials past 13,400 for the first time, after mild inflation figures raised hopes the Federal Reserve might cut interest rates later this year.
Read full articleBanks
ShoreBank thrives despite early predictions
Opening a bank aimed at improving the quality of life in poor urban areas was supposed to be a grand... [read more]
U.S. subprime woes could hurt Swiss banks, report says
While banks including UBS and Credit Suisse have raised their ability to absorb shocks, recent increases... [read more]
Energy
BP in oilseed tree project
Company sets up a venture with biodiesel firm to increase planting of jatropha, a tree that produces... [read more]
For some oil companies, Venezuela is hardly the worst option
The edicts of President Hugo Chávez are relatively tolerable when compared with conditions in countries... [read more]
