Today's Business News:
Plot thickens in Yahoo-Microsoft drama
Mid-size cars make strides in safety
American cancels more flights
Gas, oil prices hit new records
Stocks fall as oil jumps; UPS warns
Boeing 787 launch to be delayed again
Bed Bath gives disappointing forecast, shares fall
Congress panel backs bill on student loan upheaval
Circuit City swings to 4Q profit
--> Plot thickens in Yahoo-Microsoft drama
Wed, 09 Apr 2008 09:37 pm PDT
AP - Yahoo Inc.'s last-ditch efforts to avoid a takeover by Microsoft Corp. appear
tobe setting the stage for a dramatic finale featuring a rich cast of Internet andmedia stars.
Full Story Top
Mid-size cars make strides in safety
Wed, 09 Apr 2008 09:08 pm PDT
AP - Several mid-size cars have made strides in protecting motorists in side crashes
throughstandard air bags and improved designs, the insurance industry reports. Full Story Top
American cancels more flights
Wed, 09 Apr 2008 06:44 pm PDT
AP - Business trips and vacations were disrupted for tens of thousands of travelers
Wednesdayas American Airlines canceled more than 1,000 flights — nearly half its schedule— to fix
faulty wiring that could cause a short-circuit or even a fire and explosion. Full Story Top
Gas, oil prices hit new records
Wed, 09 Apr 2008 12:36 pm PDT
AP - The upward trend in energy prices showed no sign of abating Wednesday as gasolineset yet
another record at the pump and crude oil topped ${dlvDollarSign}112 a barrel for the firsttime in
the futures market. Full Story Top
Stocks fall as oil jumps; UPS warns
Wed, 09 Apr 2008 02:43 pm PDT
AP - Wall Street extended its losses Wednesday as a rise in oil prices and a profit
warningfrom United Parcel Service Inc. raised investors' anxiety about the well-being ofthe
economy. Full Story Top
Boeing 787 launch to be delayed again
Wed, 09 Apr 2008 03:08 pm PDT
AP - Boeing Co. pushed back its oft-delayed 787 jetliner by another six months
Wednesday,postponing the jet's debut in commercial service until the third quarter of 2009,further
jolting the company's credibility and likely costing it billions of dollarsin additional costs and
penalties. Full Story Top
Bed Bath gives disappointing forecast, shares fall
Wed, 09 Apr 2008 03:30 pm PDT
Reuters - U.S. home goods retailer Bed Bath & Beyond Inc (BBBY.O) posted quarterly net
profiton Wednesday that fell 16 percent and gave a first-quarter earnings outlook wellbelow Wall
Street expectations, as the nationwide housing slump weighed on sales. Full Story Top
Congress panel backs bill on student loan upheaval
Wed, 09 Apr 2008 02:23 pm PDT
Reuters - The ${dlvDollarSign}85 billion student loan business is in turmoil and with millions
of U.S. studentslocking in funding for the coming school year, Congress is scrambling to make
sureenough money is available. Full Story Top
Circuit City swings to 4Q profit
Wed, 09 Apr 2008 02:02 pm PDT
AP - Struggling electronics retailer Circuit City Stores Inc. said Wednesday it
swungto a fiscal fourth-quarter profit, as cost cutting offset lower sales for a periodthat
included the bulk of the crucial holiday-shopping season. Full Story Top
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