Wednesday, August 17, 2005

Today's Headlines

Bloomberg:
- United Parcel Service said it ordered eight Boeing 747-400 aircraft as international deliveries grow.
- The US dollar reached a two-week high against the euro as a government report showed the biggest gain in producer prices since October.
- Crude oil is falling almost $2/bbl. in NY, the biggest decline in a month, after a government report showed that US refineries have sufficient supplies to make gasoline for the final weeks of summer.

NY Times:
- The US State Department warned the Clinton administration that Osama bin Laden’s move to Afghanistan from Sudan might harm US interests in the long run, citing a declassified memo.
- Attacks against US troops in Mosul, Iraq’s second-biggest city, fell in July to the lowest level in the year while Iraqi police in the city were attacked more often.

Wall Street Journal:
- Forecasts that Apple Computer will introduce a flash-memory-based iPod music player are boosting demand for NAND flash-memory chips.
- Mutual funds that copy hedge funds’ investment strategies are increasingly becoming a part of pension plans.

USA Today:
- More than 40% of Mexican adults say they would move to the US if they could, and one in five say they would break the law to do so, citing polls taken by the Pew Hispanic Center.

No comments: