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Events for the Friday, August 22 2008
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Reuters: Business News
  • Consumer spending flags, but confidence rises
    WASHINGTON (Reuters) - Personal income tumbled unexpectedly in July and inflation-adjusted spending shrank as government economic stimulus waned, but consumer spirits rose this month, a hint the economy may muddle through its woes.

  • Stocks tumble as Dell warns on tech spending
    NEW YORK (Reuters) - U.S. stocks tumbled on Friday, led lower by tech shares after computer maker Dell warned that companies worldwide are cutting back on technology spending.

  • More volatility seen with hurricane, payrolls
    NEW YORK (Reuters) - Wall Street is set for another volatile week after the Labor Day holiday, as investors track the price of oil, key economic data and continued fallout from the credit crisis.

  • Lehman nears plan for real estate assets: report
    NEW YORK (Reuters) - Lehman Brothers Holdings Inc. has settled on a structure that will allow it to offload billions of dollars in real-estate loans from its books, according to the on-line edition of the Wall Street Journal.

  • Palin, drilling advocate, spars with oil companies
    NEW YORK (Reuters) - Alaska Gov. Sarah Palin is seen as a strong advocate for opening new areas to oil drilling, including the Arctic National Wildlife Refuge, but has taken a hard line in negotiations with oil companies and raised taxes on the state's energy producers.

Reuters TV: Business
Comprehensive coverage of stories that are currently moving the financial markets around the world.

Coverage includes breaking news, market reports, newsmaker interviews and key company profiles.

  • Japan nuclear accident impact
    July 31 - Japan's killer earthquake left its biggest nuclear power company facing financial losses, supply questions, and demands for greater safety.
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Sat, Aug 30th, 2008, @3:30pm
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