Oil prices hovered above $77 a barrel Wednesday in Asia after a report showed U.S. crude supplies unexpectedly rose last week, suggesting demand remains weak.
By us.rd.yahoo.com
Yaab

LG Electronics, a top global manufacturer of flat screen televisions and mobile handsets, said second-quarter net profit fell by a third amid a decline in sales and weaker profitability for phones.
By us.rd.yahoo.com
Yaab

Asian stocks were mostly higher Wednesday as strong corporate earnings in the region and signals of an improving European economy outweighed fading U.S. consumer confidence.
By us.rd.yahoo.com
Yaab

Battered BP began reinventing itself in the shadow of the Gulf of Mexico oil spill Tuesday, naming its first American CEO as it reported a record $17 billion quarterly loss. Its outgoing chief miffed the White House anew with his parting comments.
By us.rd.yahoo.com
Yaab

The disconnect between Wall Street and Main Street is growing. Americans’ confidence in the economy faded further in July, according to a monthly survey released Tuesday, amid job worries and skimpy wage growth.
By us.rd.yahoo.com
Yaab