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Cash for Commodities Set to Hit $3.5 Bln in 2006

Cash keeps pouring into commodities, undeterred by record prices, U.S. regulatory changes and an unusual oil market structure, with this year's index-linked inflows on course to top $3.5 billion.

Dollar's Slide Seen a Spur for Big-cap Stocks

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The U.S. dollar may be losing its luster, but stock investors aren't losing much sleep over its weakness. In fact, analysts say, its recent slide would make mega-cap industrial stocks such as Caterpillar Inc. and Boeing Co. more appealing.
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What the Fed Has to Consider at Wednesday Meeting

Federal Reserve policymakers sit down on Wednesday to decide on what might be the last increase in interest rates for some time, but they will also discuss how to leave their options open in the statement that accompanies the move.
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EBay Sees Faster Growth Ahead, Investors Unmoved

EBay Inc. Chief Executive Officer Meg Whitman on Thursday promised investors that faster growth and market share gains lay ahead, but left the company's near-term outlook unchanged as international sales growth slows and it steps up investments in new businesses.
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US Issues $1 Bln in Flu Vaccine Contracts

Five companies received more than $1 billion in contracts to develop new and better influenza vaccines, and to make them on U.S. territory, the U.S. Health and Human Services Department said on Thursday.
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Microsoft, Qualcomm in smart phone pact

Microsoft Corp.on Thursday said it struck a deal to enable its Windows Mobile operating system to work with Qualcomm Inc.'s mobile phone chips, a move seen helping it gain more headway in the wireless business.
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Debt buyback may leave Bausch short of cash

Eye care company Bausch & Lomb Inc. , under pressure after government reports that its lens care products may be linked to a rare eye infection, could face a cash crunch because of a large debt buyback announced late Wednesday, a research analyst said on Thursday.
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Panama Coffees Flourish Despite Land Grab

Connoisseurs have nothing but praise for Panama's tiny annual crop of gourmet coffee but they warn that farms where the best beans are grown could vanish as landowners sell to wealthy foreign retirees.
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Microsoft, New York Times Tout 'Onscreen Readers'

Microsoft Corp. Chairman Bill Gates told a ballroom full of U.S. newspaper editors he's developing onscreen reader software that will make reading news digitally a lot more like flipping through a paper.
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Hyundai Chairman Chung Mong-Koo Arrested

South Korea has issued a warrant to arrest Chung Mong-koo, the chairman of Hyundai Motor group, on charges of misusing company funds, a senior prosecutor said on Friday.
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Workplaces Ready for Day Without Immigrant Staff

From mighty meatpacking plants to tiny taco stands, U.S. businesses are making plans to deal with Monday's nationwide pro-immigration boycott, which could keep millions of people away from their jobs.
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Stocks Rise on Bernanke's Rate Pause Suggestion

U.S. stocks rose on Thursday after Federal Reserve Chairman Ben Bernanke said the Fed may pause in its 22-month campaign of raising borrowing costs, lifting shares of interest-rate sensitive companies such as banks and utilities.
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Enron's Lay Hid Business Data, Stock Sales: Gov't

A federal prosecutor accused former Enron Corp. chief Kenneth Lay on Thursday of withholding key financial data from analysts and hiding his sales of millions of dollars of company stock in the months before Enron collapsed.
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Fed might pause on rates: Bernanke

Federal Reserve Chairman Ben Bernanke on Thursday said for the first time the central bank could at some point pause its 22-month interest-rate rising campaign to allow time to divine the economy's path.
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Ethanol Sweetens Price Prospects for Sugar

World sugar prices are likely to defy gravity in the next 12 months as key producing countries churn out ethanol as an alternative fuel after oil prices spiked to stratospheric highs.
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U.S. March New Home Sales Leap, but Prices Fall

Sales of new U.S. homes rose a much larger-than-expected 13.8 percent in March, the biggest one-month gain since April 1993, but prices fell sharply, a government report showed on Wednesday.
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Stock Futures Add to Gains on Profit Surprises

U.S. stock futures extended gains on Tuesday as quarterly results from companies including chemical manufacturer DuPont Co. fueled optimism about corporate profit growth despite near-record oil prices.
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Lay Says Enron Dream Now a Nightmare

Former Enron Chairman and Chief Executive Kenneth Lay took the witness stand at his corporate fraud trial on Monday and steadfastly denied he knew of any crimes at the energy company he headed for more than 15 years.

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