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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Middle East Star.com http://www.middleeaststar.com/index.php/ct/10/id/3a8a80d6f705f8cc/ en-us Fri, 04 Jul 2008 10:00:01 -0400 Fri, 04 Jul 2008 10:00:01 -0400 30 Google has been ordered to allow entertainment giant, Viacom, access to details of the video-watching habits of visitors the YouTube website. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378380/cs/1/ Fri, 04 Jul 2008 05:37:00 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378380/cs/1/ US firms have made redundant 60,000 Americans over the past month. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378379/cs/1/ Fri, 04 Jul 2008 05:35:59 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378379/cs/1/ UK consumer spending power has fallen due to a large rise in the cost of living. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378378/cs/1/ Fri, 04 Jul 2008 05:35:02 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378378/cs/1/ An Air France Concorde aircraft which crashed in 2000, killing 113 people, is the subject of a court case in the US, for which people are to stand trial for manslaughter. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378377/cs/1/ Fri, 04 Jul 2008 05:33:58 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378377/cs/1/ US regulators in the US state of Georgia have said a popular amusement park will have to increase the size and number of warning signs near its roller coaster. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378376/cs/1/ Fri, 04 Jul 2008 05:32:10 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378376/cs/1/ The UAE leads other Gulf States in the import of non-oil products from Saudi Arabia. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378381/cs/1/ Fri, 04 Jul 2008 05:38:41 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378381/cs/1/ Peru copper prices have soared since a nationwide mining strike began on Monday. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378375/cs/1/ Fri, 04 Jul 2008 05:30:56 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378375/cs/1/ South Korean President Lee Myung-bak has warned his government will not tolerate further street protests against US meat imports. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378374/cs/1/ Fri, 04 Jul 2008 05:30:05 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378374/cs/1/ The European Central Bank has raised interest rates by one quarter of a percent, from 4.00 to 4.25 percent. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378373/cs/1/ Fri, 04 Jul 2008 05:29:15 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378373/cs/1/ Two new aircraft carriers will be built by the British Government at a cost of US$8 billion. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378372/cs/1/ Fri, 04 Jul 2008 05:28:14 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378372/cs/1/ Traders knocked off early Thursday ahead of the July 4 weekend. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378226/cs/1/ Thu, 03 Jul 2008 15:44:08 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378226/cs/1/ US stock indices saw mixed results Thursday as oil prices continued climbing to record highs and the US economy shed more jobs. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378255/cs/1/ Thu, 03 Jul 2008 22:00:30 -0400 Middle East Star.com http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/378255/cs/1/ BERLIN (Reuters) - Deputy U.S. Treasury Secretary Robert Kimmitt said on Friday he was confident about the United States' economic fundamentals in the long term despite a current rough patch and was q... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966449/ Fri, 04 Jul 2008 08:31:53 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966449/ LONDON (Reuters) - Oil dropped below $145 a barrel on Friday, but was still within sight of record highs reached in the previous session when traders bought into the market ahead of a holiday weekend ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966451/ Fri, 04 Jul 2008 08:31:51 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966451/ All PR Newswire news BASINGSTOKE, England and PHILADELPHIA, July 4 /PRNewswire-FirstCall/ -- Shire Limited (LSE:SHP, NASDAQ: SHPGY), the global specialty biopharmaceutical company, will announce sec... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966335/ Fri, 04 Jul 2008 08:28:27 -0400 CNBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966335/ Air France is holding talks on a joint venture that could lead to it offering high-speed rail travel. The airline confirmed reports it was discussing a possible tie-up with Veolia, a French utility... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966436/ Fri, 04 Jul 2008 08:25:07 -0400 BBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966436/ Icelandic investment group Baugur - the name behind Hamleys and House of Fraser - is considering relocating to the UK. Baugur confirmed it was examining the switch plan after the recent sale of its... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966438/ Fri, 04 Jul 2008 08:24:56 -0400 BBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966438/ The former head of one of Austria's biggest banks, Bank Fuer Arbeit und Wirtschaft (Bawag), has been jailed for nine-and-a-half years for fraud. Helmut Elsner, 73, Bawag's ex-general director, was ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966437/ Fri, 04 Jul 2008 08:24:55 -0400 BBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966437/ TWO big things happened at Microsoft this past week. Bill Gates retired from the company after 32 years as co-founder, guiding spirit and undisputed boss. Then, following seven years as its flagship p... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966062/ Fri, 04 Jul 2008 08:23:13 -0400 The Economist http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15966062/ Rates on 15-year fixed-rate mortgages dropped to 5.92 percent from 6.04 percent. The five-year adjustable-rate mortgage fell to 5.78 percent from 5.99 percent. The rate on a one-year adjustable-rate m... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965124/ Fri, 04 Jul 2008 06:49:52 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965124/ Mining giant BHP Billiton has reached a deal with China's largest steelmaker to almost double iron ore prices. Under the agreement, covering contracts for one year from 1 April 2008, BHP will incre... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965834/ Fri, 04 Jul 2008 06:15:51 -0400 BBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965834/ At 5:23 a.m. EDT, Infineon traded 5.5 percent higher at 4.875 euros. It was the leading gainer in Frankfurt's top-30 DAX index and also outperformed the DJ Stoxx European technology index, which was u... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965853/ Fri, 04 Jul 2008 06:21:46 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965853/ VIENNA (Reuters) - A Vienna court on Friday found the former head of Austrian bank BAWAG P.S.K., Helmut Elsner, guilty of breach of trust for his role in notching up at least 1.4 billion euros ($2.2 b... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965854/ Fri, 04 Jul 2008 06:21:47 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965854/ Stock Buzz ) plans to increase its rights issue to 400 million pounds ($794 million) after U.S. private equity firm TPG Capital pulled out of a plan to buy a stake, sending its shares lower. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965852/ Fri, 04 Jul 2008 06:21:45 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965852/ Growth in Asian economies may slow this year, but a recession is unlikely, according to Haruhiko Kuroda, head of the Asian Development Bank. He said the region's biggest concern was inflation, even... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965833/ Fri, 04 Jul 2008 06:15:50 -0400 BBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15965833/ July 4, 2008 Northam Platinum Holdings, the operator of the world's deepest platinum mine, would miss previous earnings estimates because of output problems at its Merensky project, Citigroup said yes... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15963234/ Fri, 04 Jul 2008 04:51:32 -0400 Business Report http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15963234/ Stock Buzz ) is considering a bid of more than 2.5 billion euros ($4 billion) for Spanish pay-TV platform Digital Plus, the Financial Times said on Friday. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15964599/ Fri, 04 Jul 2008 04:41:47 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15964599/ TAIPEI (Reuters) - The embattled chairman of a major Taiwan securities firm was found dead in waters close to the island on Friday morning, the firm said, startling the financial community and sending... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15964600/ Fri, 04 Jul 2008 04:41:46 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15964600/ UBS has said that it may break even for the three months to the end of June, and will make a small loss at worst. The Swiss bank, which has been among the worst hit by the credit crunch, had been e... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15964575/ Fri, 04 Jul 2008 04:36:42 -0400 BBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15964575/ Indian inflation set another record in the third week in June as prices of food, fuel and steel continued to rise. Wholesale prices rose by a larger-than-expected 11.63% in the 12 months to 21 June... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15964576/ Fri, 04 Jul 2008 04:36:41 -0400 BBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15964576/ The Australian sharemarket has bounced today after yesterday's plunge to two-year lows. The partial recovery comes after Wall Street rose overnight, despite signs the US economy continues to decline.... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15963235/ Fri, 04 Jul 2008 04:33:30 -0400 ABC Australia http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15963235/ Posted on: Friday, 4 July 2008, 00:00 CDT By The Associated Press SAN FRANCISCO (AP) - Unable to strike a deal on its own, Microsoft Corp. reportedly is hoping to snap up Yahoo's online search operat... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960643/ Fri, 04 Jul 2008 02:46:19 -0400 RedOrbit http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960643/ Wary of higher energy and commodity prices, the European Central Bank raised its benchmark interest rate Thursday by a quarter percentage point to 4.25 percent, a move it hopes will help curtail risin... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962745/ Fri, 04 Jul 2008 01:54:24 -0400 Herald Sun http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962745/ Dismissing privacy concerns, a federal judge overseeing a $1 billion copyright-infringement lawsuit against YouTube has ordered the popular online video-sharing service to disclose who watches which v... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962744/ Fri, 04 Jul 2008 01:54:22 -0400 Herald Sun http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962744/ The former head of Refco Inc., blamed for the collapse of one of the world's largest commodities brokerages, was sentenced to 16 years in prison Thursday by a judge who decried the "staggeringly ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960869/ Fri, 04 Jul 2008 01:54:23 -0400 Herald Sun http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960869/ A French judge ordered Continental Airlines and five people to stand trial on charges of manslaughter for the 2000 crash of a Concorde jet that killed 113 people, a prosecutor said Thursday. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960572/ Fri, 04 Jul 2008 01:54:19 -0400 Herald Sun http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960572/ When Professional Bull Riders Inc. named Randy Bernard its chief executive officer in 1995, the 28-year-old was proud to tell people he worked for PBR. But their response was less than heartening.'The... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15961610/ Fri, 04 Jul 2008 02:31:15 -0400 MSNBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15961610/ Two lawyers accused of defrauding their clients in a diet-drug settlement of $65 million were sent back to jail Thursday after a jury deadlocked and a federal judge declared a mistrial. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960790/ Fri, 04 Jul 2008 01:54:20 -0400 Herald Sun http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960790/ A Delaware judge on Thursday granted preliminary approval of a proposed settlement in a shareholder lawsuit against mortgage lender Countrywide Financial Corp., which was acquired by North Carolina-ba... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960737/ Fri, 04 Jul 2008 01:54:21 -0400 Herald Sun http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960737/ July 4, 2008 US financial criminals who have the means and motives to flee may face stiffer penalties after prosecutors ended an expensive and embarrassing manhunt for a hedge fund swindler this week.... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960644/ Fri, 04 Jul 2008 02:16:10 -0400 Business Report http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960644/ Higher oil prices caused service businesses to shrink in June, as falling new orders and rising costs hit the nation's coffee shops, paper mills and corner stores. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962742/ Fri, 04 Jul 2008 01:54:18 -0400 Herald Sun http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962742/ Nebraska Beef Ltd. is expanding a recall announced earlier this week to include all 5.3 million pounds of meat it produced for ground beef between May 16 and June 26. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962746/ Fri, 04 Jul 2008 01:54:25 -0400 Herald Sun http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962746/ Posted on: Friday, 4 July 2008, 00:00 CDT NEW YORK: Microsoft is preparing a new bid for Yahoo Inc's search business and has approached other media companies about joining it in a deal that would eff... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960642/ Fri, 04 Jul 2008 02:46:20 -0400 RedOrbit http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960642/ A federal judge in New York is urging Eli Lilly and Co. to settle a multibillion-dollar lawsuit filed by insurance companies, unions and others who claim the pharmaceutical giant overpriced its top-se... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962743/ Fri, 04 Jul 2008 01:54:17 -0400 Herald Sun http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15962743/ Jeannine Aversa, The Associated Press July 3, 2008 - 6:10 p.m. WASHINGTON - Wall Street companies sharply scaled back their borrowing from the U.S. Federal Reserve's emergency lending program over th... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15958073/ Fri, 04 Jul 2008 00:01:22 -0400 Canadian Business http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15958073/ WASHINGTON -- Wall Street companies sharply scaled back their borrowing from the Federal Reserve's emergency lending program over the past week while commercial banks boosted theirs slightly.The repor... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15958097/ Thu, 03 Jul 2008 23:31:59 -0400 Seattle Post-Intelligencer http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15958097/ A top Wall Street rating agency has upgraded its outlook on Cablevision Systems Corp. from negative to stable -- a decision that follows junk-bond grades by two other major agencies on the cable opera... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15959385/ Thu, 03 Jul 2008 23:30:58 -0400 Newsday http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15959385/ Antonio Stradivarius traveled to the North of Italy in order to purchase a whole forest of certain trees, to stock and cure them in his warehouses. He used these woods throughout his lifetime. No, ot... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960058/ Thu, 03 Jul 2008 23:12:14 -0400 Wired News http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960058/ 14 questions they sent to the candidates and hope to discuss with them at a science-only debate. The questions cover innovation, climate change, energy, genetics, space, and health, among other topics... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15958472/ Thu, 03 Jul 2008 23:12:12 -0400 Wired News http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15958472/ Defense Solutions has proposed teaming with the Russian arms-export agency, Rosoboronexport, for several arms deals, including supplying Mi-17 helicopters to Afghanistan. Rosoboronexport is blackli... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15958003/ Thu, 03 Jul 2008 23:12:11 -0400 Wired News http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15958003/ NEW YORK (Reuters) - It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and General Electric dis... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960111/ Thu, 03 Jul 2008 22:41:37 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15960111/ It combines Windows Live OneCare for effective PC management and security along with the Microsoft Office Home and Student 2007 package. The Office experience is enhanced by Microsoft Office Live Work... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952602/ Thu, 03 Jul 2008 20:31:02 -0400 Arabian Business http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952602/ July 03, 2008 NEW YORK (AdAge.com) -- Interpublic Group of Cos.' McCann Erickson has lost a chunk of Microsoft's business, with the software giant confirming that creative duties for one of its bus... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952601/ Thu, 03 Jul 2008 20:50:49 -0400 Ad Age http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952601/ Updated: 2:10 PM- NEW YORK - Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952609/ Thu, 03 Jul 2008 20:21:41 -0400 Salt Lake Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952609/ Asian markets were broadly lower Thursday, although some pared early losses as bargain hunters snapped up shares that had been thrashed over the past few sessions. Exporters such as http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952487/ Thu, 03 Jul 2008 20:15:23 -0400 CNN Money http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952487/ LAWRENCEBURG, Ky. - To Wild Turkey master distiller Jimmy Russell, the piercing sounds of a warehouse rising in the Kentucky countryside are the sounds of prosperity."As long as you see work going on ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15954779/ Thu, 03 Jul 2008 20:20:27 -0400 MSNBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15954779/ GM said bringing the Chevrolet Beat, which is about the size of a Honda Fit or Toyota Yaris mini car, to the U.S. is among the options the company is studying. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15954782/ Thu, 03 Jul 2008 20:20:20 -0400 MSNBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15954782/ ) to hold from a sell rating the broker placed on the stock at the end of May. Alcoa's shares have fallen more than 20% to $32.78 in the past five weeks against close-to-9% drop in S&P 500, and "the... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952607/ Thu, 03 Jul 2008 20:27:37 -0400 Market Watch http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952607/ Posted on: Thursday, 3 July 2008, 15:00 CDT SUNRISE, Fla., July 3 /PRNewswire-FirstCall/ -- Bioheart, Inc., a biotechnology company that is focused on the development of autologous (patient-derived) ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952598/ Thu, 03 Jul 2008 20:39:49 -0400 RedOrbit http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952598/ Community college classes in the old mall movie theater. A DMV office across from the Starbucks. Maybe a local library between the Victoria's Secret and the Gap.Mall and strip center owners are turnin... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15954781/ Thu, 03 Jul 2008 20:20:25 -0400 MSNBC http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15954781/ SAN FRANCISCO/NEW YORK: Microsoft and Yahoo have been holding separate talks with other potential media partners after their negotiations with each other broke down, sources familiar with the compa... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952605/ Thu, 03 Jul 2008 20:14:21 -0400 Times of India http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952605/ Microsoft Corp. on Thursday chalked in four security updates for next week that would fix vulnerabilities in Windows, SQL Server and Exchange Server. All four were labeled "important," the company's s... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952603/ Thu, 03 Jul 2008 20:09:43 -0400 Computerworld http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952603/ NEW YORK (CNNMoney.com) -- The Dow gained Thursday, with recently battered blue chips bouncing back, but the broader market was mixed as investors considered a weak June jobs report and a rise in inte... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952599/ Thu, 03 Jul 2008 20:15:19 -0400 CNN Money http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952599/ Permanent Link A few thoughts and observations arising from today's employment report, which shows the economy lost 62,000 jobs in June (with total negative revisions of 52,000 for May and April), lea... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952608/ Thu, 03 Jul 2008 21:09:19 -0400 U.S. News & World Report http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952608/ NEW YORK – Soaring fuel costs are taking some of the celebration out of this holiday weekend. Oil prices headed into the busy Fourth of July break by racing past $145 a barrel for the first t... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15955919/ Thu, 03 Jul 2008 19:51:32 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15955919/ Muttontown mansion on the market for $4.095 million. The six-bedroom, 7½-bath, brick center-hall Colonial is on 2-plus acres in a private gated compound. The listing agents are http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15955455/ Thu, 03 Jul 2008 20:19:46 -0400 Newsday http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15955455/ Walt Disney World employees won't be packing any heat in the company parking lots anytime soon. The giant resort has declared that much of its sprawling property is exempt from a new state law that... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952612/ Thu, 03 Jul 2008 20:28:25 -0400 Sun-Sentinel http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952612/ London's FTSE 100 index briefly dipped into official bear market territory yesterday – defined as 20 per cent or more off the peak – and though it later came out of it again, few would bet... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952600/ Thu, 03 Jul 2008 20:44:00 -0400 The Independent http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952600/ General Motors Corp. shares fell to their lowest level since 1954 after a Merrill Lynch & Co. analyst said the automaker may need to raise as much as $15 billion and faced the possibility of bank... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15955454/ Thu, 03 Jul 2008 20:19:50 -0400 Newsday http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15955454/ MONTGOMERY, Ala. – Two large pharmaceutical companies said Thursday they will appeal a jury verdict ordering them to pay more than $114 million for overcharging the state's Medicaid program for ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15955920/ Thu, 03 Jul 2008 19:51:24 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15955920/ 'The mechanism which we had started working on is now being carried forward. This is an effort to tap non-EU countries such as India to meet labour demand in Italy through managed migration,' says ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15956263/ Thu, 03 Jul 2008 19:32:10 -0400 Times Of India http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15956263/ With gas prices going through the roof and regulators requiring cars to be ever more miserly, Volkswagen is bringing new meaning to the term "fuel efficiency" with a bullet-shaped microcar t... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951307/ Thu, 03 Jul 2008 18:13:55 -0400 Wired News http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951307/ HARTFORD, Conn. – General Electric's aviation unit said Thursday it bought a Czech company that will help it make inroads into the fast-growing market for small twin-engine turboprop aircraft. ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951876/ Thu, 03 Jul 2008 18:08:37 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951876/ The Royal Navy's biggest ever warships will finally begin to take shape on Thursday with the long-awaited signing of contracts to build two new super carriers. The ceremony, aboard HMS Ark Royal in ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951681/ Thu, 03 Jul 2008 17:50:38 -0400 Ananova http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951681/ As counterintuitive as it may seem in this age of iPods and digital downloads, vinyl -- the favorite physical format of indie music collectors and audiophiles -- is poised to re-enter the mainstream, ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952153/ Thu, 03 Jul 2008 18:13:54 -0400 Wired News http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15952153/ Sir Alan Sugar has stepped down as chairman of Amstrad, the company he founded 40 years ago. But the entrepreneur, best known in recent years as the star of reality TV show The Apprentice, does not ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951682/ Thu, 03 Jul 2008 17:50:37 -0400 Ananova http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951682/ WILMINGTON, Del. – A Delaware judge has granted preliminary approval of a proposed settlement in a shareholder lawsuit against mortgage lender Countrywide Financial. Vice-chancellor John Nobl... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951203/ Thu, 03 Jul 2008 18:08:38 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15951203/ WASHINGTON – The U.S. Commerce Department said Thursday it has set final duties of up to 300 percent on refrigerator magnets from China to offset unfair pricing and government subsidies. The ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949782/ Thu, 03 Jul 2008 16:32:14 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949782/ San Francisco - Yahoo is holding separate talks with the same business partners courted by Microsoft in its takeover bid of the company, the Wall Street Journal reported Thursday. The talks come amid ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949797/ Thu, 03 Jul 2008 16:14:29 -0400 Earth Times http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949797/ WINDHOEK, Namibia – A Namibian prosecutor says a new judge will be appointed to hear the extradition case of businessman Jacob “Kobi” Alexander. Deputy State Attorney Nixon Marcus... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948446/ Thu, 03 Jul 2008 14:51:24 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948446/ COVINGTON, Ky. – A Kentucky judge has declared a mistrial in the case of two lawyers charged with defrauding clients of $65 million in a diet-drug settlement. The ruling came Thursday after j... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949254/ Thu, 03 Jul 2008 14:51:19 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949254/ SEOUL, South Korea – South Korea's president called Thursday for an end to a long-running dispute over American beef imports, saying it was time for the nation to concentrate instead on overcomi... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949264/ Thu, 03 Jul 2008 14:51:07 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949264/ NEW YORK – Tired of pumping his cash right back into his gas tank, New York City taxi driver Mohammed Kalair says he is considering quitting his job and going back to his native Pakistan. Gas... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948619/ Thu, 03 Jul 2008 14:51:13 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948619/ Stock Buzz ) ERJ-145 aircraft for Delta, and will keep those aircraft after September 1. Delta said it plans to award a portion of the routes ExpressJet flies to another, unnamed carrier. http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15950761/ Thu, 03 Jul 2008 16:07:35 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15950761/ BERLIN – A clear statement by the Group of Eight (G8) industrialised nations on oil prices would be a “definite” help, a German government source said on Thursday. Ahead of a G8 m... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948418/ Thu, 03 Jul 2008 14:51:06 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948418/ That will not spare the central bank the difficult task in the coming weeks of explaining its decision to increase euro zone rates by a quarter-point to 4.25 percent. Perhaps the hardest question t... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948422/ Thu, 03 Jul 2008 14:51:17 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948422/ NEW YORK – Oil prices briefly soared to a new high near $146 a barrel Thursday, extending the previous day's record-shattering rally before easing somewhat as the dollar gained ground against th... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949257/ Thu, 03 Jul 2008 14:51:22 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949257/ WASHINGTON – Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate held steady at 5.5 perce... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948459/ Thu, 03 Jul 2008 14:51:14 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948459/ FRANKFURT – European Central Bank President Jean-Claude Trichet said the ECB has no bias on future policy moves after it raised interest rates for the first time in over a year on Thursday, taki... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949262/ Thu, 03 Jul 2008 14:51:12 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949262/ BATON ROUGE, LA (WAFB) - Detectives with the East Baton Rouge Sheriff's Office say they believe they now know the identity of the man suspect of stealing a television from a Wal-Mart this past wee... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948423/ Thu, 03 Jul 2008 14:56:07 -0400 WAFB 9 http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948423/ BOSTON – An investment vehicle controlled by activist shareholder Carl Icahn said Thursday it has acquired a majority interest in auto parts supplier Federal Mogul Corp. Icahn Enterprises Hol... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949255/ Thu, 03 Jul 2008 14:51:21 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949255/ NEW YORK – Analysts at JPMorgan painted a bleak picture for Detroit's automakers Thursday, suggesting General Motors Corp. might need to raise $10 billion, Ford Motor Co. could be forced to sell... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948480/ Thu, 03 Jul 2008 14:51:10 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948480/ BRUSSELS, Belgium – Europe and the U.S. must reconsider their biofuel policies because of rising food prices around the world, aid officials and food policy experts said Thursday. Speaking at... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948513/ Thu, 03 Jul 2008 14:51:15 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948513/ MUMBAI: Students of a marine engineering course run by an Uran-based institute in the Maharashtra's Raigad district are now facing deportation from Britain, as the fees paid by them via the institu... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15950605/ Thu, 03 Jul 2008 16:11:56 -0400 Times Of India http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15950605/ The increase was bigger than economists were expecting. They were forecasting claims to rise to around 385,000. A year ago, jobless claims stood at 322,000. The four-week moving average of claim... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948461/ Thu, 03 Jul 2008 14:51:08 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15948461/ INDIANAPOLIS – Flooding from a creek caused more than $100 million in damage last month to a research and development center for the diesel engine maker Cummins Inc. But the center should ret... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949258/ Thu, 03 Jul 2008 14:51:23 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949258/ NEW DELHI – The Indian government's bid to secure political support for a civilian nuclear deal with the United States stalled Thursday when a key regional party asked for more time to make a de... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949260/ Thu, 03 Jul 2008 14:51:16 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949260/ NEW YORK (Reuters) - The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co confab in Sun Valley, I... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949502/ Thu, 03 Jul 2008 14:27:13 -0400 Reuters http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949502/ SYDNEY, Australia – Global mining company BHP Billiton said Thursday that U.S. antitrust regulators had granted partial approval for its $170 billion hostile takeover bid for rival Rio Tinto. ... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949263/ Thu, 03 Jul 2008 14:51:11 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949263/ SALT LAKE CITY – Starting next month, it will be “TGIT” for Utah state employees. As in: “Thank God It's Thursday.” In a yearlong experiment aimed at reducing the stat... http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949256/ Thu, 03 Jul 2008 14:51:22 -0400 San Diego Union-Tribune http://story.middleeaststar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/15949256/