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Gasoline prices retreat; could fall more: survey (Reuters)

Posted on July 28th, 2008. About Uncategorized.

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Gas and diesel pumps along with gas prices are shown at an Exxon gas station in Carlsbad, California in this file photo from May 28, 2008. (Mike Blake./Reuters)Reuters - U.S. retail gasoline prices fell
sharply in the last two weeks, just below $4 a gallon, in line
with retreating crude oil markets, and prices at the pump may
slide further, an industry analyst said on Sunday.


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Air pollution still an issue in Beijing (AP)

Posted on July 28th, 2008. About Uncategorized.

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Tourists walk through Beijing's Tiananmen Gate as a Beijing Olympics logo is seen through hazy skies in Tiananmen square Sunday July 27, 2008. A thick fog of pollution blanketed the Chinese capital on Sunday, but a city environmental official pledged that the air quality would be 'good' by the time the Summer Olympics start in 12 days. (AP Photo/Greg Baker)AP - The Chinese capital was shrouded in thick gray smog on Sunday, just 12 days before the opening ceremony of the Beijing Olympic Games. One expert warned that drastic measures enacted to cut vehicle and factory emissions in the city were no guarantee skies would be clear during competitions.


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Inflation’s next front is retailers as costs rise (AP)

Posted on July 28th, 2008. About Uncategorized.

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In this May 28, 2008 file photo, shoppers wait in line to check out at Costco in Mountain View, Calif.. Most inflation this year has come from food and fuel, as retailers resisted passing along to strapped consumers the higher prices manufacturers charged them. Coming price increases from companies such as Johnson & Johnson and Hasbro Inc. may leave them with no choice.  (AP Photo/Paul Sakuma, file)AP - Coming to a store near you: Even higher prices.


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Dollar hits 1-month high vs. yen; oil under $124 (Reuters)

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A man passes an electronic board displaying a graph and the closing price of Japan's Nikkei share average in Tokyo July 25, 2008. (Yuriko Nakao/Reuters)Reuters - The U.S. dollar rose to a one-month
high against the yen on Monday on easing fears about the
world’s largest economy, and Asian stocks were mixed as
financial sector uncertainty lingered ahead of a slew of
company earnings.


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FDA faulted over unapproved uses of medications (AP)

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FDA Commissioner Andrew von Eschenbach speaks at the National Press Club in Washington in this Feb. 29, 2008 file photo. Drug companies are forbidden to promote medications for uses that have not been validated by the FDA on evidence from clinical trials. Doctors, however, can use their own independent judgment in prescribing medicines. The Government Accountability Office has delved into this practice, known as 'off-label' prescribing. (AP Photo/J. Scott Applewhite, file)AP - When a state trooper pulls over a speeding motorist, the officer usually writes out a ticket on the spot.


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Buyout giant KKR says plans to list on NYSE (Reuters)

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File photo shows Henry Kravis, founder Kohlberg Kravis Roberts  and  Co. arriving at the 26th annual Allen  and  Co conference in Sun Valley, Idaho July 10, 2008. (Rick Wilking/Reuters)Reuters - Kohlberg Kravis Roberts & Co ,
one of the world’s most powerful private equity firms, plans to
brave the turbulent equity markets and list on the New York
Stock Exchange this year, joining rival Blackstone in bringing
the famously secretive industry into public view.


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Most Fit Have Less Brain Atrophy From Alzheimer’s (HealthDay)

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HealthDay - SUNDAY, July 27 (HealthDay News) — Physical fitness can help the
mind, body and quality of life of people with early Alzheimer’s disease
and dementia, according to new research.

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Qantas names Jetstar’s Joyce to replace Dixon as CEO (Reuters)

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New Qantas CEO Alan Joyce attends a news conference in central Sydney July 28, 2008. (Daniel Munoz/Reuters)Reuters - Qantas Airways Ltd said on
Monday Alan Joyce will take over as chief executive, taking the
baton from Geoff Dixon who steps down after a string of belt
tightenings as world airlines battle soaring fuel bills.


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