Thursday, August 03, 2006

WALL STREET JOURNAL - Latest News - Latest News 



HONG KONG (XFN-ASIA) - China's filling of its first-ever strategic oil stockpile will be a gradual process and should not affect global oil prices in a significant way, the Wall Street Journal quoted a senior Chinese government official as saying.

Dow closes up 74, Nasdaq finishes up 17 
Investors put their interest rate worries on hold and sent stocks higher Wednesday after strong earnings reports from Time Warner Inc. and Procter & Gamble Co. restored some of the market's flagging confidence.

The New Media Elite 
The Wall Street Journal recently released the New-Media Power List (subscription may be required), which includes a lot of unknowns and amateurs who have used social-networking sites like YouTube and MySpace to become the new media elite. WSJ's John Jurgensen...

Owner Of Dole Foods Invests $1B In Health Ventures 
The Wall Street Journal on Friday profiled Dole Food owner David Murdock, who is "spending more than $1 billion of his personal fortune on ventures that combine his commercial interests with his zeal to spread the gospel of good health." Murdock, 83, made billions of dollars throughout his career by investing in real estate and in private and public companies, among other ventures. [click link

Paper: Ford Reviewing Jaguar Brand, Other Operations 
According to the Wall Street Journal, Ford is looking at divisions such as Jaguar, with the possibility of selling or joining with other companies.

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