11:49pm ET, Thu 3 Jul 200840

Sponsored Links

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 

Investing

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 

Travel Web sites to battle in Asia

U.S. Internet travel companies are preparing to slug it out for dominance in Asia, where economic growth and increasing Web usage make the region a tempting target.  Full Article 

New heights in market angst

It is something of a truism to say that investors are worried -- they nearly always are. But with the global asset rally close to its fifth year, a new level of angst is being reached in some quarters.  Full Article 

from to

Business

Former Refco CEO gets 16 years in prison 3:30pm ET

NEW YORK (Reuters) - Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison on Thursday for fleecing investors of more than $2.4 billion in a fraud that destroyed the world's largest independent commodities broker.  Full Article 

Photo
Water-cooler romance

If it seems like more people are flirting around the water cooler at your office these days, it may not be your imagination. Four out of 10 workers admit to being involved with another colleague at some point, a survey showed.  Full Article 

News

Photo
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