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Saudis increase oil production
Saudi Arabia granted President Bush's request for an increase in oil production yesterday, while the Bush administration heeded calls from Congress to temporarily stop filling the Strategic Petroleum Reserve.
GE plans to shed century-old appliance business
General Electric Co. said yesterday that it plans to sell or spin off its iconic appliance business that for a century sold refrigerators, air conditioners and ovens for millions of homes.
Financial Tools
President Bush speaks with Saudi King Abdullah during an arrival ceremony yesterday at King Khaled International Airport in Riyadh. (Agence France-Presse/Getty Images)
Carlyle pays $2.54 billion for part of Booz Allen
D.C. private equity firm Carlyle Group said yesterday it is buying the government contracting business of Booz Allen Hamilton Inc. for $2.54 billion — one of the few major buyouts to be announced since the credit crunch took hold last July.
More Top Stories
- Housing posts big rebound in April (By Martin Crutsinger ASSOCIATED PRESS)
- JFK, Newark to auction slots (By Dan Caterinicchia ASSOCIATED PRESS)
- Bernanke asks to pay interest on reserves
- Stocks post week of healthy gains
- Macy's signs deal to put FAO Schwarz in stores (By Lisa Cornwell ASSOCIATED PRESS)
- Fannie refines lending rules
Other Top Stories
Friday, May 16
- FDA reissues warning about transplant drug (By Matthew Perrone)
- Uptick splits economic forecasters (By Patrice Hill)
- Reduced oil prices raise stocks (Associated Press)
- Potomac Mills to expand retail, restaurant space (By Tom Ramstack)
- Cox ISP accused of limits on users (By Kara Rowland)
- Department stores see profits drop (Associated Press)
- Icahn presses for new board at Yahoo (Associated Press)
- Retailers fight credit-card firms over fees (By Christopher S. Rugaber)
- Guru of gadgets (By Linda A. Johnson)
- Checklist
- U.S., Japan working to ease shortage of food (By Patrice Hill THE WASHINGTON TIMES)
- Factory output falls in April
Thursday, May 15
- A bridge or two more (By Bill Koenig BLOOMBERG NEWS)
- Sallie Mae: Credit-rating damage fixed (By Marcy Gordon ASSOCIATED PRESS)
- Freddie Mac change cuts charges (By Dawn Kopecki BLOOMBERG NEWS)
- Builder for river property sought (By Tom Ramstack)
- Consumer prices rise at slower pace
- DuPont partners with Danish firm (By Ben Nuckols ASSOCIATED PRESS)
- Ailing GE mulls appliance unit sale (By Rachel Layne)
- Six Flags eyes sale of bonds for debt (By Pierre Paulden BLOOMBERG NEWS)
- Stocks rise on consumer prices
- Checklist
- Court reverses Vioxx verdict
Wednesday, May 14
- Sallie Mae snafu dings borrowers' credit (By Marcy Gordon)
- Quake forces China to close energy production facilities
- Italian defense firm to buy DRS (By Alessandra Rizzo ASSOCIATED PRESS)
- Markets close mixed after a retail report
- Barras fired from WAMU (By Kara Rowland)
- Foreclosures up 65 percent in a year
- HP buys EDS for $13.2 billion
- EarthLink's Wi-Fi network folds in Philadelphia
- Airlines will pack planes despite fewer fliers this summer
- Checklist
Tuesday, May 13
- Conflicts derail key apartheid case (By Tom Ramstack)
- Court rebuffs smoker on tobacco prices
- Markets rally as oil prices retreat
- U.S. clears heparin with tighter testing (By Elaine Kurtenbach)
- Prices outrun pumps (By John K. Wiley)
- Checklist
- Renault-Nissan to make Indian car
- Toyota's new U.S. plant put on hold by weak sales
- HP bids for EDS to boost options (By Michael Liedtke)
- China's inflation soars to 8.5% (By Joe McDonald)
- Tribune deal aids reducing its debt
Search www.washingtontimes.com
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4. 'Sweetie' leaves bad taste for Obama critics
5. A little rock hits a noisy target
AP
- Obama criticizes McCain for 'naive' foreign policy
- Trapped survivors freed after nearly 100 hours
- Bush fails to win Saudi help on gas prices
- Carnival ride collapses in California; 24 injured
- Intel agencies seek help recruiting new immigrants
- UAW, American Axle reach deal that may end strike
- Signs point to imminent Simpson-Wentz wedding
- Calif. wine patriarch Robert Mondavi dies at 94
- Lakers hold off Jazz 108-105, reach West finals
- James scores 32, Cavs beat Celtics to force Game 7
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