The Main Event: McCain-Palin vs. Obama-Biden Aug 29, 2008 2:03PM

A German court said Wednesday it has rejected a call from the country's financial regulator to impose a fine on Daimler AG over the timing of a 2005 announcement that then-Chief Executive Juergen Schrempp was stepping down. Read more

Shares of FirstFed Financial Corp. jumped Thursday after a Keefe, Bruyette & Woods analyst questioned whether a certain type of short-selling might be affecting the stock. Read more

Shares of Goldman Sachs Group Inc. rose Thursday, along with the broader market and despite an analyst cutting her price target and earnings estimates for the investment bank. Read more

Two airliners were one minute from colliding when at least one of the planes turned away from the other over the Caribbean this week, federal authorities said Friday. Read more

British retail sales fell to another record low in August--the lowest level in the 25-year history of the survey--as the housing market slump and rainy weather hit consumer spending, the Confederation for British Industry said Thursday. Read more

Federal Reserve Chairman Ben Bernanke said Friday the financial crisis that has pounded the country--coupled with higher inflation--is taking a toll on the economy and poses a major challenge to Fed policymakers as they try to restore stability. Read more

The head of the U.N.'s food agency has warned that food prices will remain high and has called for increased production. Food and Agriculture Organization Director-General Jacques Diouf says prices are expected to remain high for reasons including climate change and an expected continuing demand for bioenergy. Read more

Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments. The Commerce Department report Friday showed that consumer activity got off to a shaky start in the third quarter, raising new worries that the economy could falter in coming months due to rising unemployment, a continuing credit crisis and the deepest housing slump in decades. Read more

Microsoft Corp. is buying a Munich, Germany-based Web comparison shopping site and its parent company for about $486 million in cash. The Redmond, Wash.-based software maker says the acquisition of Greenfield Online Inc., which owns Ciao, a collection of European price-comparison, shopping and consumer reviews sites in seven countries and languages, will boost its search presence in Europe. Read more

A Time Warner Cable Inc. customer is suing the cable operator to end a practice the telephone industry has long dropped. Matthew Meeds of Fairway, Kan., accuses Time Warner of illegally forcing customers who have premium channels to rent the cable box from the company. He said he'd prefer to buy his own cable box but is being thwarted by Time Warner. Read more