10:47am ET, Fri 16 May 200838

Sponsored Links

DJIA: 12903.02 -89.64  |  NASDAQ: 2509.43 -24.30
 

Edwards rules out vice presidential run with Obama 9:24am ET

WASHINGTON (Reuters) - Former presidential contender John Edwards said on Friday he would not be Democratic front-runner Barack Obama's running mate, but did not rule out taking a role in an Obama administration.  Full Article | Video

 
April housing starts rise best since Jan 2006 8:10am ET

WASHINGTON (Reuters) - Construction starts on new U.S. homes rose by a surprisingly strong 8.2 percent in April and applications for new building permits turned up for the first time in five months, the Commerce Department said on Friday in a report showing the hard-hit housing sector still had some spring vigor.  Full Article 

Investing

MARKETS:
Market falls further on record oil prices 10:21am ET

NEW YORK (Reuters) - Stocks extended losses on Friday and the Nasdaq dropped more than 1 percent as a fresh run-up in oil prices to record territory added to concerns over the impact of soaring fuel costs on consumers and businesses.  Full Article | Video 

Travel Web sites to battle in Asia

U.S. Internet travel companies are preparing to slug it out for dominance in Asia, where economic growth and increasing Web usage make the region a tempting target.  Full Article 

New heights in market angst

It is something of a truism to say that investors are worried -- they nearly always are. But with the global asset rally close to its fifth year, a new level of angst is being reached in some quarters.  Full Article 

from to

Business

Icahn's Yahoo fight puts Microsoft in driver's seat 8:21am ET

SEATTLE (Reuters) - Two weeks after Microsoft Corp abandoned its pursuit of Yahoo Inc , a proxy fight launched by activist investor Carl Icahn has put Microsoft in the driver's seat.  Full Article 

Photo
Water-cooler romance

If it seems like more people are flirting around the water cooler at your office these days, it may not be your imagination. Four out of 10 workers admit to being involved with another colleague at some point, a survey showed.  Full Article 

News

Photo
New Year bittersweet for China's families

Millions of migrant workers will make the annual migration back home to rural villages for the Lunar New Year, queuing for hours and cramming into trains and buses for the chance to go home.  Full Article