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BUSINESS
Business: World
Three years on, New Orleans is a city ...NEW ORLEANS — Three years after Hurricane Katrina wrecked parts of New Orleans, all that separates the biggest successes and failures in the city’s revival is a short drive. 

Sudanese army attacks rebels in North ...he army attacked with more than 200 vehicles in Wadi Atron, near the Sudanese-Libyan border yesterday and took control of areas which had for years been under the control of rebels who want more auton…

IEA sees higher oil demand LONDON — World oil demand would rise slightly more than expected next year, but supplies would also increase, the International Energy Agency (IEA) said yesterday. 

South Korea to pardon convicted corporate ...SEOUL — Hyundai Motor chairman Chung Mong Koo and his SK Energy counterpart Chey Tae Won are among 74 white-collar criminals who will be pardoned by the government, South Korea’s justice ministry…

Zimbabwe talks hit snags, Mugabe now talking ...TALKS between Zimbabwe’s ruling Zanu (PF) and the opposition Movement for Democratic Change (MDC) deadlocked last night, raising fears that negotiations for a new dispensation may be on the brink of…

Russia halts assault on Georgia  MOSCOW — Russian President Dmitry Medvedev ordered a halt to military operations in Georgia yesterday, but Tbilisi cast doubt on the announcement, saying Moscow was still bombing towns and villages.…

Zimbabwe talks hit problems HARARE — Zimbabwe’s President Robert Mugabe and opposition leader Morgan Tsvangirai resumed power-sharing talks yesterday amid fear the negotiations could collapse because of differences over whic…

IEA sees oil easing as ‘basic ...LONDON — World oil demand would rise slightly more than expected next year, but supplies would also increase, the International Energy Agency (IEA) said yesterday. 

Russian troops advance on Georgia  TBILISI — Russian jets staged raids and its forces moved further into Georgian territory yesterday as Prime Minister Vladimir Putin denounced the US for helping Georgia. 

BUSINESS
LA Times
Fewer Americans hit the road in JuneWASHINGTON -- As summer vacation season kicked in, Americans got out of their cars, driving 12.2 billion fewer miles in June than the same month a year earlier.

Stocks open lower on retail sales reportNEW YORK -- Stocks traded mixed today after the government reported retail sales fell in July to their weakest levels in five months and as oil prices advanced.

Retail sales drop for first time in 5 monthsWASHINGTON -- Retail sales fell in July, the weakest performance in five months, as a variety of economic woes combined to blunt the impact of billions of dollars in government stimulus payments to U.…

Macy's says 2Q profit falls, cuts outlook ...NEW YORK -- Macy's Inc.'s saw its second-quarter earnings drop slightly and warned today that full-year profits will be below Wall Street expectations as shoppers are more cautious about spending.

Comcast, MGM launch action channelThe video-on-demand cable channel, called Impact, offers action films and TV shows. The Terminator said he would be back. Now, Comcast Corp. cable TV subscribers can summon him from their sofas.

Former tennis star Tracy Austin accuses ...In a lawsuit, she says the L.A. investment broker inflated his commissions and 'churned' accounts to generate fees. He denies wrongdoing. Former tennis champion Tracy Austin on Tuesday joined an all-s…

Thousands whose health policies were ...The state reaches agreement with Kaiser, Health Net and PacifiCare that will also provide for compensation for medical bills. Lawyers balk at the notification process. About 3,400 Californians whose h…

NBC, like Phelps, in record pursuit at ...Olympic viewership is huge, with online content a team player. As recently as a week ago, a ratings gold medal for coverage of the Beijing Olympics might have looked beyond NBC's grasp.

Russia-Georgia conflict raises worries over ...Several important lines pass through Georgia, and for Europeans and others, the routes represent a crucial counterbalance to Russia's control of energy resources. Russia's invasion of neighboring Geor…

BUSINESS
Business & Finance
Opposition: Tausend-Tiraden der anderen DreiSteuererhöhungen, Streit und Stillstand: Die drei Oppositionsparteien FDP, Die Linke und die Grünen haben am Mittwoch eine Bilanz der ersten tausend Tage der schwarz-roten Koalition gezogen. Ihr Bli…

Raumsonde Cassini: Kalte Pracht: Der ...Im vergangenen März kam die Raumsonde Cassini bis auf 52 Kilometer an den Saturnmond Enceladus heran. Fotografiert wurde wegen eines Defekts aus etwas größerer Entfernung, doch dafür mit raffinier…

Bundesliga-Countdown: Leverkusen: Vertreibt ...Bayer Leverkusen geht mit einem neuen Trainer in die Spielzeit 2008/09. Der ehemalige Bundesligastürmer Brunoe Labbadia trainiert erstmals in der Erstklassigkeit. Zu den sportlichen Erblasten der Är…

Olympiasiegerin Britta Heidemann: ...Degenfechterin Britta Heidemann hat tatsächlich die Goldmedaille in ihrer zweiten Heimat Peking gewonnen. Kein Wunder, denn die China-Kennerin hat schon vor einem Jahr gemeinsam mit FAZ.NET die olymp…

Andrew Cuomo: Der neue Sheriff der Wall ...Der New Yorker Generalstaatsanwalt hat die Großbanken UBS und Citigroup dazu gebracht, Milliardenbeträge an ihre Anleger zurückzuzahlen. Deren Anleihen waren im Zuge der Kreditkrise unverkäuflich…

Marcel Hacker: Gute Tage sind seltenMit dem Aus im Halbfinale hat Marcel Hacker dem Deutschen Ruderverband die nächste böse Überraschung beschert. Und zwei Stunden später verabschiedete sich auch noch der Frauen-Achter aus dem Wettb…

Staatsanleihen: Schon wieder Zweifel an ...Argentinien ist wieder knapp bei Kasse. Die Ratingagenturen senken schon den Daumen, und selbst Venezuelas Präsident Chávez leiht den Argentiniern Geld nur noch zu Höchstzinsen. FAZ.NET - Homepage…

Fechten: Kleibrink holt Gold mit dem FlorettBenjamin Kleibrink hat die Goldmedaille mit dem Florett erfochten. Nach dem 15:9-Finalsieg gegen den Japaner Yuki Ota hat Deutschland nun fünf Goldmedaillen. Kleibrinks Teamkollegin Britta Heidemann…

Tennis: Das traurige Ende einer deutschen ...Als letzter Deutscher scheiterte Nicolas Kiefer im Achtelfinale von Peking. Tags zuvor war Rainer Schüttler ausgeschieden, ehe auch das in Athen noch mit Silber dekorierte Doppel Kiefer/Schüttler di…

BUSINESS
Y! Business
Washington Mutual replaces CEO Kerry ...AP - Washington Mutual Inc., ravaged by losses from sour mortgages, replaced Kerry Killinger as chief executive of the nation's largest savings and loan on Monday, adding him to the growing list of ba…
2008:09:08 13:54:37

Oil slips as Ike weakens over Cuba, dollar ...AP - Oil prices slipped Monday as Hurricane Ike weakened over Cuba and the U.S. dollar strengthened.
2008:09:08 13:44:25

Dow, S&P rise after Fannie, Freddie bailout ...Reuters - The Dow and S&P rose on Monday on hopes a government takeover of U.S. mortgage finance giants Fannie Mae and Freddie Mac will aid the housing market and stabilize credit markets.
2008:09:08 12:46:56

World stocks soar after Freddie, Fannie ...AP - World stock markets soared Monday after Washington announced a bailout of mortgage giants Fannie Mae and Freddie Mac — a move that could help bolster a shaky U.S. housing market and renew global…
2008:09:08 10:14:47

Price increases push US soy beyond reach of ...AP - With the dollar a day he earns scrounging for scrap metal and paper, Jumadi can't buy his family beef or even chicken. But until now, the rail-thin scavenger could at least afford soy.
2008:09:07 03:25:54

Fannie, Freddie blind to the bubble (AP)AP - Mortgage giants Fannie Mae and Freddie Mac — despite their robust cadre of economists and mortgage experts — failed to heed warnings that the most dramatic housing bubble in U.S. history would…
2008:09:06 20:06:14

Silver State Bank in Nevada is shut (AP)AP - Regulators on Friday shut down Silver State Bank, saying the Nevada bank failed because of losses on soured loans, mainly in commercial real estate and land development.
2008:09:06 01:29:02

U.S. to take control of Fannie and Freddie: ...Reuters - The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae and Freddie Mac under federal control, the New York Times and Washington Post newspapers reported…
2008:09:06 01:04:16

As unemployment spikes, companies weigh ...AP - U.S. companies have cut more than 550,000 jobs so far in 2008 as they try to preserve their profits in a slumping economy, but analysts say such downsizing must be done carefully for corporations…
2008:09:05 23:38:01

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BUSINESS
Yahoo! Business
Fannie, Freddie bailout greeted with joy, ...Reuters - Wall Street greeted the U.S. government's seizure of mortgage giants Fannie Mae and Freddie Mac with a sigh of relief on Monday, hoping it would provide some relief to ongoing crises in hous…
2008:09:08 13:50:49

Boeing strike impact to be felt globally ...Reuters - Aerospace groups braced for global disruption from a potentially lengthy strike at Boeing on Monday as one of the planemaker's biggest suppliers lost no time in cutting production and workin…
2008:09:08 13:33:00

Dow, S&P rise after Fannie, Freddie bailout ...Reuters - The Dow and S&P rose on Monday on hopes a government takeover of U.S. mortgage finance giants Fannie Mae and Freddie Mac will aid the housing market and stabilize credit markets.
2008:09:08 12:46:56

UAL says press report on bankruptcy is ...Reuters - UAL Corp , parent of United Airlines, said on Monday that a Chicago Tribune story, apparently published in error, claiming UAL had gone into bankruptcy was untrue.
2008:09:08 12:44:44

Altria to buy UST for $10.4 billion ...Reuters - Altria Group Inc has agreed to buy UST Inc , the largest U.S. smokeless tobacco maker, for $10.4 billion in a deal that will combine the Marlboro cigarette and Skoal moist snuff brands.
2008:09:08 09:41:36

British mortgage lender Nationwide snaps up ...AFP - Nationwide Building Society, the second biggest lender of home loans in Britain, said Monday it had agreed to buy two smaller peers struggling to cope with the global credit crunch.
2008:09:08 09:05:40

Wall Street may cheer Fannie, Freddie ...AP - Wall Street finally got what it's been angling for: a bailout of Fannie Mae and Freddie Mac that could aid a recovery of the broken U.S. housing market and arrest a slide in stock and credit mark…
2008:09:08 05:54:59

DSG sought bid from Media Markt, but ...Reuters - Germany's Media Markt, Europe's biggest electrical goods retailer, has rejected a request from DSG International Plc to consider a bid for its closest rival, the Financial Times said on its…
2008:09:06 05:32:22

BUSINESS
E-Business
Dell Updates Business Laptops For 'Digital ...The PCs include a security subsystem to protect data and prevent unauthorized network access and technology to extend battery life to as much as 19 hours.

GSA Deploys IPv6 From Level 3Level 3 Communications said it had migrated the government agency from IPv4 to IPv6 as part of the government's wholesale move to the new Internet protocol.

State Regulators Consider Safeguards Against ...The National Association of Regulatory Utility Commissioners said it stands with the FCC in revising an oversight regime of the wireless carriers.

Online Job Board Uses Web 2.0 Features To ...Jobfox Intros identifies high-match job seekers and moves them to the the top of the resume stack.

Debate To Highlight Candidates' Views On ...Sen. McCain will send Apollo VII astronaut Walt Cunningham and Sen. Obama will send former NASA Associate Administrator Lori Garver to speak at the Mars Society debate.

Liberty Media Open To Discussing AOL Dial-Up ...Liberty Media would be open to discussing a deal to swap its stake in Time Warner for the media conglomerate's AOL dial-up Internet business, Liberty Chairman John Malone said on Monday.

Japan's Cost-Squeezed NEC Considers PC Price ...Japan's No.1 PC maker NEC is considering a hike in wholesale prices of new personal computer models to offset rising costs, it said on Tuesday, but the plancould mean losing domestic market share.

Starbucks Canada Offers Free Wi-FiBell Internet subscribers now have access to free Wi-Fi service at more than 650 Starbucks stores across Canada.

Qwest, Unions Seek Pact As National ...Around 93% of the Communications Workers of America membership voted to authorize a strike, strengthening the union's negotiating hand.