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Bush in Saudi Arabia to Make Oil Plea

Fri, 16 May 2008 16:04:59 +0000

President Bush will use a visit to King Abdullah’s ranch to attempt to persuade the Saudis to increase oil production.

DealBook: Carlyle to Buy Booz Allen Unit

Fri, 16 May 2008 15:43:13 +0000

Booz Allen Hamilton said it would sell a majority stake of its government practice to the Carlyle Group for $2.54 billion.

Stocks Slip as Oil Hits New Record

Fri, 16 May 2008 15:40:18 +0000

Investors’ nervousness over a fresh record for oil prices dented enthusiasm over a surprising jump in new home construction.

Housing Starts Rise Unexpectedly

Fri, 16 May 2008 15:21:05 +0000

New-home construction increased 8.2 percent in April, offering signs of life in a deeply troubled sector.

Housing Posts Surprise Rebound

Fri, 16 May 2008 14:30:22 +0000

Construction of new homes posted the biggest increase in more than two years in April, a rare bit of good news in what has been the worst downturn in housing in more than two decades.

Germany Debates Subsidies for Solar Industry

Fri, 16 May 2008 12:49:31 +0000

Thanks to its aggressive push into renewable energies, cloud-wreathed Germany has become an unlikely leader in the race to harness the sun’s energy.

Investigator to the Stars Is Convicted in Wiretaps

Fri, 16 May 2008 07:15:53 +0000

Anthony Pellicano was a ripped-from-a-pulp-novel private eye who made himself an indispensable Hollywood fixer.

Stocks & Bonds: Oil Price Dip Helps Shares Post a Gain

Fri, 16 May 2008 07:09:52 +0000

The stock market notched a second consecutive daily advance Thursday as oil prices fell slightly and some economic data came in better than expected.

High & Low Finance: Color-Blind Merrill in a Sea of Red Flags

Fri, 16 May 2008 06:54:11 +0000

So-called piggyback loans have been highly vulnerable to homeowners who walk away when property values fall.

Warren Cowan, a Star at Promoting Stars, Dies at 87

Fri, 16 May 2008 06:47:39 +0000

Mr. Cowan represented generations of celebrities, from Doris Day to Bette Midler, Frank Sinatra to Elton John, Ronald Reagan to Arnold Schwarzenegger.