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A collection of news and information related to Prices published by Tribune Company sources.
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2522 items on Prices
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Oil Drops Below $125 for First Time Since June
Associated PressNEW YORK -- Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that high prices and the weak economy are destroying demand. Light, sweet crude for September delivery dropped $3.98 to...Tags: Condoleezza Rice, Upstream Oil and Gas Activities, AAA, Wright Express Corporation, Diesel Fuel
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McDonald's swings to profit, may alter dollar menu
AP Business WriterConsumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S. But the nation's No. 1 hamburger chain also warned Wednesday...Tags: Consumers, McDonald's Corp., Oak Brook, Real Estate Sales, Beverage Industry
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Costco To Miss Wall Street Expectations
The Associated PressCostco Wholesale Corp. said Wednesday fiscal fourth-quarter and full-year profit will miss Wall Street expectations, as the warehouse club operator expects higher energy costs to crimp its bottom line. The company also said it would expand its stock...Tags: Buyback, Earnings Forecasts, Costco Wholesale Corporation, Petroleum Industry
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Whirlpool reports 27 percent dip in 2Q profit
AP Business WriterHousehold appliance maker Whirlpool Corp. said Wednesday its second-quarter profit fell 27 percent because of higher material and oil-related costs, and lower U.S. demand. "This is a very serious, severe economic environment," Jeff M. Fettig, Whirlpool'...Tags: Maytag Corporation, Sales, Whirlpool Corporation
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Weak economy, mild weather sap commodities boom
AP Business WriterOnly a month ago, sizzling commodities prices seemed destined to soar higher with record-breaking rallies in crude oil and corn. But now the boom appears to be taking a breather, cooled by a weakening economy and a milder Mother Nature. In just seven...Tags: Gold and Precious Material, Emergency Incidents, Upstream Oil and Gas Activities, Natural Disasters, Market and Exchange
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No time to raise federal gas tax
At last, a possible gasoline price increase we have some ability to stop. Congress is considering a 10-cent increase in the federal fuel tax ("Gas tax seems to have nowhere to go but up," July 20). Are members of Congress out of their minds? They can...Tags: State Budgets, National Government, Government, Petroleum Industry
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Oil prices drop as investors pull back
Oil prices tumbled more than $3 a barrel Tuesday as Tropical Storm Dolly grew increasingly unlikely to threaten supply, giving traders one less reason to buy as a strengthening dollar helped keep prices in check. The sell-off was a throwback to last...Tags: New York Mercantile Exchange, Economy, Energy Saving, Petroleum Industry, Tropical Storms
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'A golden opportunity' for government-subsidized housing
Sentinel Staff WriterWith hundreds of vacant homes and condos in the Orlando area -- many of them in foreclosure, with banks looking to unload them for less than $100,000 -- some experts say the answer to the region's seemingly intractable affordable-housing crisis is staring...Tags: Bonds, Heads of State, Upstream Oil and Gas Activities, Homes, Florida
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Caterpillar's 2Q profit jumps 34 percent
AP Business WriterCaterpillar Inc.'s second-quarter profit jumped 34 percent as stronger sales in developing countries outpaced slowing growth in North America, and higher production costs. The Peoria, Ill.-based maker of backhoes and other heavy equipment on Tuesday...Tags: Metal and Mineral, Caterpillar Inc., Sales, Mining
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Lawmakers Debating Gas, Energy Prices Again
The Associated PressState politicians agreed Tuesday that they need to do more to help Connecticut residents struggling with high energy costs. But they have yet to decide how best to do it. Republican lawmakers said they're collecting signatures to hold a special...Tags: Bonds, Upstream Oil and Gas Activities, John Fonfara, Republican Party, Alternative Energy
Jul 23, 2008
|Story| KTLA-TV
Jul 23, 2008
|Story| Associated Press
Jul 23, 2008
|Story| Associated Press
Jul 23, 2008
|Story| Associated Press
Jul 23, 2008
|Story| Associated Press
Jul 23, 2008
|Story| Baltimore Sun
Jul 23, 2008
|Story| Hampton Roads Daily Press
Jul 23, 2008
|Story| Orlando Sentinel
Jul 22, 2008
|Story| Associated Press
Jul 22, 2008
|Story| Associated Press
