11:48pm ET, Thu 3 Jul 200824

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DJIA: 11288.54 73.03  |  NASDAQ: 2245.38 -6.08
 

Obama wades into controversy with Iraq comments 6:19pm ET

FARGO, North Dakota (Reuters) - Democratic presidential candidate Barack Obama waded into controversy on Thursday over his plans to withdraw U.S. combat troops from Iraq, first saying he might "refine" his views but later declaring his stance had remained unchanged for more than a year.  Full Article

 
Court order on YouTube user data fans privacy fears 7:49pm ET

NEW YORK/SAN FRANCISCO (Reuters) - A U.S. judge's order to Google Inc to turn over YouTube user data to Viacom Inc sparked an outcry on Thursday from privacy advocates in the midst of a legal showdown over video piracy.  Full Article 

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MARKETS:
Asia stocks slip as oil hovers near record 10:13pm ET

HONG KONG (Reuters) - Asian stocks slipped on Friday as record high crude oil prices threatened to jeopardize earnings and curb consumer spending, with the uncertain economic outlook following U.S. jobs data boosting safe-haven government bonds. This week has been punctuated by stagflation fears and deteriorating sentiment after the Dow Jones industrial average slipped into a bear market this week, down more than 20 percent from October highs, joining Asia markets and pushing investors into safety-first mode.  Full Article 

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New Year bittersweet for China's families

Millions of migrant workers will make the annual migration back home to rural villages for the Lunar New Year, queuing for hours and cramming into trains and buses for the chance to go home.  Full Article