Londonderry New Hampshire News Center
April retail sales barely budged: SpendingPulse (Reuters)
May 12, 2008Reuters - Retail sales barely rose in April, as a relentless surge in gasoline prices made consumers cut back other types of spending, according to a report released on Monday.
EnCana to split in two with oil at record highs (Reuters)
May 12, 2008
Reuters - EnCana Corp , Canada's
biggest energy company, said on Sunday it plans to split into
two separate oil and natural gas firms in an effort to wring
out more value with crude prices at record highs.
Cablevision near deal to buy Newsday: source (Reuters)
May 12, 2008
Reuters - Tribune Co is close to an agreement to
sell its Newsday newspaper to Cablevision Systems Corp
and an announcement could come as early as Monday, a source
familiar with the situation said on Sunday.
Stocks sag on economic uncertainty (Reuters)
May 12, 2008
Reuters - Stocks fell on Monday, weighed down
by uncertainty over the health of the U.S. economy and surging
oil and commodity prices, while Japanese exporters felt the
pinch from a stronger yen.
Oil steady above $126 (Reuters)
May 12, 2008
Reuters - Oil hovered close to record levels above
$126 a barrel on Monday as violence in the Middle East
heightened worries of supply disruptions in the world's largest
crude producing region.
Study: Retirement savers make costly 401(k) mistakes (AP)
May 12, 2008AP - Despite extensive efforts to educate workers about saving for retirement, many employees are not doing a good job of managing their company-sponsored 401(k) accounts, a new study indicates.
Retailers likely to post grim 1st-quarter results (AP)
May 12, 2008
AP - After slashing inventory and cutting expenses, the retail industry is still bracing for the largest overall quarterly profit decline in at least nine years when merchants report their first-quarter earnings this week.
Wall Street looks to consumers for direction
May 12, 2008With stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent — and this week’s data could help investors gauge the mindset of the average consumer.
Retailers likely to post grim 1st-quarter results
May 12, 2008After slashing inventory and cutting expenses, the retail industry is still bracing for the largest overall quarterly profit decline in at least nine years when merchants report their first-quarter earnings this week.
UAW says American Axle proposal closes plants
May 12, 2008United Auto Workers President Ron Gettelfinger said Saturday he thought the union had been close to a contract deal to end a strike against American Axle — until the auto parts supplier offered a proposal that included closing three plants.
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