Member 4251


Summary Box: Wholesale prices surge (AP)

16-07-2008 07h39
AP - INFLATION: Wholesale prices jumped sharply in June, reflecting surging energy and food costs. For the past 12 months, prices are up 9.2 percent, the biggest gain in 27 years.

SEC issues emergency rule to curb short sales (Reuters)

16-07-2008 11h51
Reuters - U.S. securities regulators issued an emergency rule on Tuesday to limit certain types of short selling in major financial firms, including Fannie Mae and Freddie Mac .

Congress overrides Bush on Medicare bill (Reuters)

16-07-2008 07h41
Reuters - The U.S. Congress voted on Tuesday to override President George W. Bush's veto of a bill to keep government payments from being slashed for doctors who treat the elderly under the popular Medicare health program.

Gulf Dead Zone May Grow Larger Than Ever (LiveScience.com)

16-07-2008 01h45
LiveScience.com - An annual dead zone that develops in the Gulf of Mexico could be larger than ever this summer, scientists said today.

First U.S. Town Powered Completely By Wind (LiveScience.com)

16-07-2008 02h35
LiveScience.com - Rock Port, Mo. has an unusual crop: wind turbines. The four turbines that supply electricity to the small town of 1,300 residents make it the first community in the United States to operate solely on wind power. "That's something to be very proud of, especially in a rural area like this - that we're doing our part for the environment," said Jim Crawford, a natural resource engineer at the University of Missouri Extension in Columbia. A map published by the U.S. ...

Bank shares sink to 1996 levels on loss fears (Reuters)

16-07-2008 06h41
Reuters - U.S. bank shares fell to their lowest level since 1996 on fears of greater credit losses for an already battered sector.

Woman gets nearly 11 years for NY adoption fraud (AP)

16-07-2008 11h42
AP - A woman who lied to adopt 11 disabled children whom authorities say she abused while she raked in more than $1 million in subsidies was sentenced Tuesday to nearly 11 years in prison.
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