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Monthly Archive June, 2008

Projected air capacity to Hawaii down 11%

June 28, 2008

Scheduled airlines seats to Hawaii are expected to drop 11.2 percent.
According to the Hawaii Department of Business, Economic Development and Tourism, 2.3 […]

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Web animation site aniBoom raises $10 million

June 27, 2008

AniBoom.com, an Internet home for animators to create and share their work, has raised an additional $10 million in funding led by venture capital […]

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Lee

June 26, 2008

South Korea's economy is slowing at the worst possible time for President Lee Myung Bak.
The softening comes amid a slump in Lee's popularity […]

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Asian Economies Facing `Bleak Time,

June 25, 2008

Asian economies are in store for a “bleak time'' in the next 18 months as surging inflation erodes corporate earnings, Aberdeen Asset Management Asia […]

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Manufacturer index hurt by price hikes

June 23, 2008

The manufacturing sector in the Philadelphia area - a bellwether for the rest of the nation - showed continued weakness in June as businesses […]

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Bush: Lift ban on offshore drilling

President George Bush, saying the United States "must produce more oil," called Wednesday for a lifting of the ban on offshore drilling.
"Congress must face […]

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Malaysia Inflation Quickens to 22-Month High of 3.8%

June 18, 2008

Malaysia's inflation accelerated to a 22-month high on rising food and transport costs, stoking speculation the central bank will increase interest rates.
Consumer prices […]

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Thornburg posts $3.3B quarterly loss

June 16, 2008

Embattled mortgage lender Thornburg Mortgage reported a $3.31 billion loss for the first quarter, and said loan delinquencies are likely to continue to increase […]

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Mass transit surge: Most riders since 1957

June 13, 2008

Americans took 10.3 billion trips on public transportation last year, marking the highest ridership level since 1957, according to a new study.
The rate of […]

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Effort to tax oil profits blocked

June 12, 2008

Senate Republicans blocked a proposal Tuesday to tax the windfall profits of the largest oil companies, despite pleas by Democratic leaders to use the […]

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