Market News
Web pioneer Gross revitalized by green energy
LOS ANGELES (Reuters) - In 1973, when Bill Gross was 15 and cars were lined up at every gas station in Southern California, the aspiring engineer wanted to do something about spiking energy prices. Full Article
Storm Cristobal forms off U.S., Bertha weakens
MIAMI (Reuters) - The third tropical storm of the 2008 Atlantic hurricane season, Cristobal, formed off the U.S. East Coast on Saturday, with gale-force winds and heavy rains expected to lash the Carolinas as the storm grazes the shoreline on a northeasterly path. Full Article
China warns Exxon over Vietnam deal-newspaper
HONG KONG, July 20 (Reuters) - China has warned Exxon Mobil Corp to pull out of an exploration deal with Vietnam, describing the project as a breach of Chinese sovereignty, the South China Morning Post reported on Sunday, citing unnamed sources. Full Article
Citigroup, Merrill awash in red
Jul. 18 - Citigroup lost $2.5B in the second quarter, while Merrill stunned Wall St. with a $4.9 billion loss. Play Video
