Business Highlights (AP) The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped? Experts won't go that far just yet.
Fri, 18 Jul 2008 22:34:42 Etc/GMT
Sector roundup: RV makers, teen apparel (AP) Shares of recreational vehicle makers declined Friday after Monaco Coach Corp. said it will shutter three factories and cut a third of its work force, citing a weak economy and lower demand for RVs.
Fri, 18 Jul 2008 21:43:49 Etc/GMT
Wall Street mixed after earnings reports (AP) Wall Street closed out an impressive week with a mixed performance Friday after disappointing high-tech earnings punctured some of investors' enthusiasm over better-than-expected bank earnings reports.
Fri, 18 Jul 2008 21:34:45 Etc/GMT
Freddie Mac CEO gets $19.8 million in 2007 (AP) Freddie Mac Chairman and Chief Executive Richard Syron pocketed nearly $19.8 million in compensation last year, according to a Securities and Exchange Commission filing Friday, even though the mortgage company's stock lost half its value in 2007.
