Gustav Could Disrupt Oil Drilling In The Gulf (Washington, DC) -- Tropical Storm Gustav will most certainly move into the Gulf of Mexico as a full fledged hurricane, and if that happens, oil production in the area could be disrupted causing oil prices to soar ...Read & Hear More
Stocks Rise On Positive Economic News (New York, NY) -- A report showing the U.S. economy grew more quickly than expected in the second quarter helped fuel a rally on Wall Street. The Dow Jones Industrial average closed up 213 points to 11-715 ...Read More
Travelers Stranded After Canadian Airline Files For Bankruptcy (Calgary) -- Travelers were left stranded at airports when a Canadian airline suddenly cancelled all flights to begin bankruptcy proceedings. Ottawa-based Zoom Airlines said it tried to secure finances, but creditors refused to give the carrier any more time ...Read More
New Jobless Benefit Claims Drop (Washington, DC) -- The number of Americans filing new claims for unemployment benefits dropped last week. The government says ten-thousand fewer claims were filed compared to the week before, with a total of 425-thousand people seeking help ...Read More