AP - Thrown on the defensive, President Barack Obama acknowledged his administration could have done better in dealing with the biggest oil spill in the nation's history and misjudged the industry's ability to cope with a worst-case scenario. Obama will make his second tour of the battered Gulf Coast on Friday.
AP - Thrown on the defensive, President Barack Obama acknowledged that his administration could have done better in dealing with the biggest oil spill in the nation's history and misjudged the industry's ability to cope with a worst-case scenario. Obama will make his second tour of the battered Gulf Coast on Friday.
Reuters - Strong growth in China and upbeat corporate earnings lifted world stocks on Thursday to a new high for the year, putting them at levels last seen around the collapse of Lehman Brothers.
AP - A judge promised Monday to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank of America over civil charges alleging the bank misled shareholders when it acquired Merrill Lynch.
Reuters - The Dow briefly fell below the crucial 10,000 mark on Thursday as stocks suffered their worst losses in more than nine months.
Reuters - Stocks capped their worst three-day slide in 10 months on Friday on fears the White House's plan to curb bank risk-taking would cut profits, and tech shares slumped after Google Inc's disappointing results.


