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Tuesday, May 13, 2008
 
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Business


Russia's Two-Track Economy
Monday, 12 May 2008
John Connor, manager of Third Millenium Russia Fund, discusses how Russia's consumer market is booming along with the commodities market. (May 12)
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Fontainebleau Resorts Takes a Longview
Monday, 12 May 2008
Jeff Soffer of Fontainebleau Resorts speaks to Kelsey Hubbard about the company's Miami and Las Vegas projects and the long-term strategy amid the weaker economy and the real-estate markets. (May 12)
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Stocks rally as oil drops
Monday, 12 May 2008
U.S. investors showed they were willing to take on risk as oil prices fell for the first time in six sessions and investors bet a faster BlackBerry would spur corporate spending. The Dow rallied 130 points to 12,876. The S&P 500 rallied 15 points to 1,403. The Nasdaq rallied 42 points to 2,488. Crude oil shed $1.73 to $124.23 a barrel. Conway Gittens reports from New York.
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Dollar in a Short-Covering Rally
Monday, 12 May 2008
Jonathan Lewis of Samson Capital Advisors discusses the dollar's bounce back, overall foreign-exchange strategy, and a look ahead at this week's key economic data. Paul Lin reports. (May 12)
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Amateur Footage Captures China Earthquake
Monday, 12 May 2008
Thousands are dead in what's being described as the most devastating earthquake to hit China in three decades. One student captures the moment the 7.8 earthquake struck southwestern China. Video courtesy of Reuters. (May 12)
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