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Daily Archives: May 25, 2009

bank

Starbucks (SBUX) Explodes In New York City, Literally

Posted: May 25, 2009 at 11:50 am

According to several media reports someone planted a bomb outside the Starbucks (SBUX) store at 92nd Street and Third Avenue in New York City, causing an explosion and shattering windows. ...
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EPA Administrator Forecasts Potential Shift on Bush-Era Drilling Loophole

Posted: May 25, 2009 at 11:38 am

By Joaquin Sapien, ProPublica Signaling the potential for an important policy reversal, Environmental Protection Agency Administrator Lisa Jackson said in a congressional hearing on Tuesday that the agency would consider ...
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To Fix the Derivatives Market, Don’t

Posted: May 25, 2009 at 10:47 am

John Tamny of RealClearMarkets In his 1940s classic, The Road to Serfdom, Friedrich Hayek described classical liberalism as essentially a non-system whereby "there are no hard-and-fast rules fixed once and ...
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oil

As PetroChina (PTR) Buys Into Singapore Pet, Issues About Strategic Interests Rise

Posted: May 25, 2009 at 4:32 am

China Petroleum (PTR) is buying 45.5% of Singapore Petroleum for just over $1 billion and will probably move to purchase the balance of the company. China recently proposed a deal ...
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newspaper

Media Digest 5/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 25, 2009 at 3:36 am

Reuters:   Magna and Fiat improved bids for Opel as competition for the firm rose. Reuters:   The air cargo market, a key global indicator, has probably bottomed. Reuters:   Banks are coming ...
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Sunset

Asia Markets And Europe Open 5/23/2009

Posted: May 25, 2009 at 3:07 am

Markets in Asia were mostly higher. The Nikkei rose 1.3% to 9,347. The Hang Seng was up .6% to 17,172. The Shanghai Composite rose .5% to 2,610. At the open ...
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