Dead Russian Spy To Be Buried As A Muslim Alexander Litvinenko, the former Russian intelligence agent poisoned in London, is to be buried according to Muslim tradition after converting to Islam on his deathbed....... Read Full Article Angry Mob Attacks Serial Killing Suspects Outside Delhi Court A wealthy Indian businessman and his servant accused of carrying out the country’s most gruesome serial killings have been attacked by a furious crowd – including lawyers involved in the case - outsid... Read Full Article A Familiar And Prescient Voice, Brought To Life Carl Sagan has rejoined the cosmic debate from the grave, with ?new? words on the boundary between science and religion.... Read Full Article Portrait Of President, Craving Power, Enthralls France A book about Nicolas Sarkozy’s pursuit of the presidency, told through the eyes of France’s most celebrated playwright, is caught up in a media frenzy.... Read Full Article Foot-and-mouth Crisis Raises 2001 Spectre The British Government battles to avert crises in farming and tourism after an outbreak of foot-and-mouth disease raises fears of a repeat of the 2001 epidemic.... Read Full Article |
DataBank: Stock Market Slips On A Triple ThreatThe stock market declined last week on rising oil prices, a disappointing forecast for memory-chip sales and concern that the Federal Reserve might be as likely to raise interest rates as to lower them. Multimedia Podcast: Weekend BusinessReporters and editors from The Timess Sunday Business section offer perspective on the week in business and beyond. How to SubscribeThe memory-chip forecast came on Friday, when Micron Technologies said prices of the chips it makes for MP3 players and digital cameras were likely to fall more than 30 percent this quarter amid an industry glut. That report depressed the shares of a range of technology companies. On the same day, two Federal Reserve officials said the central bank would raise interest rates if the economy surged and inflation didnt settle into an acceptable range. And the price of oil briefly rose above $60 a barrel in trading in New York on Friday, closing at $59.89, up from $59.02 the previous week. For the week, the Dow Jones industrial average lost 72.66 points, or 0.6 percent, to close at 12,580.83. The Standard & Poors 500-stock index fell 10.33 points, or 0.7 percent, to close at 1,438.06. The Nasdaq composite index dropped 16.06 points, or 0.7 percent, to close at 2,459.82. The yield on the 10-year Treasury note fell to 4.78 percent from 4.82 percent the previous week. JEFF SOMMER Tag CloudExternal InformationAdditional InformationExecutive Pay: A Special Report: A Brighter Spotlight, Yet the Pay Rises...Korea free trade agreement urged... Saudi Oil Minister Expects Prices to Rebound... Splitting Up at Scripps; McClatchy Profit Falls... Where Am I?News Main Page - Business - DataBank: Stock Market Slips On A Triple Threat |
i8news.com |