Digital News Report – Despite China’s announcement last week that they will increase oil imports, the price of oil may be dropping. Oil prices spike Monday but fell off Tuesday and Wednesday….
SEC Gives Investigators New Powers
SEC News Conference Today Digital News Report – In the aftermath of the Bernard Madoff Ponzi Scheme, the Security and Exchange Commission is expanding their tools and giving their investigators more power…
Morris Publishing Group Bankruptcy Plan
From Morris Website Digital News Report – Morris Publishing Group, publisher of 13 daily newspapers mostly in the Eastern United States, will seek a judges help in a prepackaged plan of reorganization…
Federal Reserve Sees Improvement In Economy
Digital News Report – In an analysis of the economy, the Federal Reserve reports that we are in a broadening recovery in 10 of its 12 districts. While spending was up in…
LaBranche Sells NYSE Market-Making Unit to Barclays
Digital News Report – It was announced today that LaBranche & Co. has agreed to sell its business that aids in trading on the New York Stock Exchange. The company will sell…
Shakeup At Real Networks
A conference give-away Digital News Report – Real Networks (RNWK.O) was up nearly 3 percent today after founder it was announced that founder Rob Glaser has stepped down. The company is known…
Actor Michael C. Hall from Dexter TV Show Diagnosed with Cancer
The 38 year old actor, Michale C. Hall said in a statement that he was being treated for Hodgkin’s lymphoma and that he is lucky to be diagnosed with a condition that…
Google Warns China after Hit By Cyber Attacks : May Leave Country
Digital News Report – The Dow Jones Industrial Average was higher today as international companies led the way. The DJIA was up 53.51 points to 10,680.77, despite Google’s warning it may leave…
Jay Reatard died in his Sleep at Age 29
Digital News Report – Jay Reatard was found dead in his Memphis home early this Wednesday morning, he was also known as Jimmy Lee Lindsey Jr. He was only 29 years old…
Bankers Admit Role In Financial Crisis At Commission Hearings
Phil Angelides – file photo courtesy Dan Ancona Digital News Report – Bankers faced the Financial Crisis Inquiry Commission in an effort to justify what some call risky behavior with other people’s…