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1 January 2009 year (time zone GMT 00:00)  Number of sources in English: 4957
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Oil ends worst year in Nymex history below $44

01.01.2009 03:39    pr-inside.com
PR-inside.com) COLUMBUS, Ohio (AP) - Oil prices jumped 14 percent on New Year's Eve, capping a year that saw prices soar to unprecedented heights only to give up four years of gains in just five months. An unprecedented collapse in


Crude ends extraordinarily volatile year below $45

01.01.2009 03:39    pr-inside.com
PR-inside.com) COLUMBUS, Ohio (AP) - Oil prices jumped 14 percent on New Year's Eve, capping a year that saw prices soar to unprecedented heights only to give up four years of gains in just five months. Energy prices began to

Oil rises in quiet trading to cap turbulent year

01.01.2009 03:39    pr-inside.com
PR-inside.com) COLUMBUS, Ohio (AP) - Oil prices jumped above $44 per barrel on the last day of 2008, wrapping up what has been the most turbulent year ever for crude markets in which crude gave up four years of gains

Madoff lawyer says client will provide asset list

01.01.2009 03:39    pr-inside.com
PR-inside.com) NEW YORK (AP) - An attorney for Bernard Madoff said the disgraced Wall Street money manager would give the Securities and Exchange Commission a list of his personal assets by 5 p.m. EST (2200 GMT) Wednesday to comply with


Viacom may pull channels from Time Warner Cable

01.01.2009 03:39    pr-inside.com
PR-inside.com) LOS ANGELES (AP) - Media giant Viacom Inc. said its Nickelodeon, MTV, Comedy Central and 16 other channels will go dark for 13 million U.S. subscribers by Jan. 1 if a new carriage fee deal with Time Warner Cable

Gazprom: Russia to cut gas supplies to Ukraine

01.01.2009 03:39    pr-inside.com
PR-inside.com) MOSCOW (AP) - The CEO of Russia's state gas monopoly Gazprom says Russia will cut off all gas supplies to Ukraine on Thursday morning. Alexei Miller says the decision was made after Wednesday's talks ended with no agreement on

US stocks extend advance in year's final session

01.01.2009 03:39    pr-inside.com (2)
PR-inside.com) NEW YORK (AP) - Wall Street saw a merciful end to a dreadful year Wednesday as stocks closed the last session of 2008 with a sizable advance. According to preliminary calculations, the Dow Jones industrials rose 108.00 points to

GMAC completes debt deal to raise capital

01.01.2009 03:39    pr-inside.com
PR-inside.com) NEW YORK (AP) - The financing arm of General Motors Corp. has completed a complicated debt deal that was designed to raise capital and help the auto loan company ride out a historic collapse in auto sales. The results

Jobless claims data paint bleak picture for 2009

01.01.2009 03:39    pr-inside.com
PR-inside.com) WASHINGTON (AP) - The number of laid-off workers continuing to draw unemployment benefits bolted to 4.5 million in late December, and even more Americans are expected to join the ranks of the jobless in 2009. While first-time applications for

Credit markets head into uncertain 2009

01.01.2009 03:39    pr-inside.com
PR-inside.com) NEW YORK (AP) - The credit markets, long a shadowy and little understood part of the financial system for many investors, turned into headline makers during 2008, simply because they stopped working. And, at the start of the new

For US auto sector, brakes gave out in 2008

01.01.2009 03:39    pr-inside.com
PR-inside.com) NEW YORK (AP) - For the auto sector _ and many of its stocks _ 2008 was nearly the end of the road. First came the record-breaking rise of gas prices this summer. Next came the end of leasing.

Dollar mixed in light pre-holiday trading

01.01.2009 03:39    pr-inside.com
PR-inside.com) NEW YORK (AP) - The dollar rose against the euro and the Japanese yen but dropped versus the pound in light trading on New Year's Eve Wednesday. The 15-nation euro bought $1.3954 in late New York trading, below the

Commodities look to close out rough year

01.01.2009 03:39    pr-inside.com
PR-inside.com) NEW YORK (AP) - The quiet trading in commodities markets on the last day of 2008 wasn't just the result of investors being on vacation _ it was a sign that oil, gold, wheat and other futures had fallen

Microsoft's Zune players freeze on New Year's Eve

01.01.2009 03:39    pr-inside.com
PR-inside.com) SAN FRANCISCO (AP) - Happy New Year from Microsoft Corp.: Your Zune is dead. Thousands of Microsoft's Zune media players _ the software company's answer to Apple Inc.'s iPod _ unexpectedly conked out Wednesday and showed users an error

Madoff lists assets for SEC; agency mum on details

01.01.2009 03:39    pr-inside.com
PR-inside.com) NEW YORK (AP) - Bernard Madoff gave the Securities and Exchange Commission a list of his personal assets Wednesday, but investors may have to wait to learn whether the filing contained any clues as to the whereabouts of their

Slovakia 16th country to adopt euro

01.01.2009 03:39    pr-inside.com
PR-inside.com) BRATISLAVA, Slovakia (AP) - To the sound of midnight fireworks and pealing church bells, Slovakia joined the eurozone, putting it under the shared currency's protective umbrella amid a world financial downpour _ and underscoring the former Soviet bloc nation's

Internet stocks fell in 2008 despite healthy signs

01.01.2009 03:39    pr-inside.com (2)
PR-inside.com) NEW YORK (AP) - Internet stocks mostly sank in 2008, as Web heavyweights Google and Yahoo were wounded by slowdowns in retail sales and online advertising growth _ issues that also dragged down the sector. But while shares dropped,

Chip stocks dive in 2008 as demand, prices slide

01.01.2009 03:39    pr-inside.com
PR-inside.com) SAN FRANCISCO (AP) - The semiconductor industry, notoriously volatile even without the shock of a global economic downturn, was badly hurt in 2008 as prices for memory chips continued their dizzyingly rapid fall and demand for PC microprocessors dropped

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