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  04:48pm PDT, 07/04/08
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S&P places XL Capital on watch for downgrade
Friday, July 04, 2008
NEW YORK (AP) Credit ratings agency Standard & Poor's said Thursday it placed XL Capital Ltd. on a negative

Audi's half-year Chinese sales up 23 pct
Friday, July 04, 2008
FRANKFURT, Germany (AP) German carmaker Audi AG said Friday its sales rose 23 percent in the first half of

StatoilHydro strikes gas in Barents Sea
Friday, July 04, 2008
OSLO, Norway (AP) StatoilHydro ASA says it has discovered natural gas with a wildcat well drilled in the Barents

ArcelorMittal, Bulgarian mill sign deal
Friday, July 04, 2008
SOFIA, Bulgaria (AP) Bulgaria's struggling steel plant Kremikovtzi said Friday it has signed a deal to produce and market

EU shrugs off biofuels complaints
Friday, July 04, 2008
BRUSSELS, Belgium (AP) The European Union will ignore critics who accuse it of helping to boost food prices by

Oil prices fall more than $1 a barrel
Friday, July 04, 2008
Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that

Canadian telecom BCE, suitor agree on terms
Friday, July 04, 2008
TORONTO (AP) BCE Inc, Canada's largest telecommunications company, said Friday it has agreed on terms of a $35 billion

Travel experts: US share of foreign tourists slips
Friday, July 04, 2008
LAS VEGAS (AP) Despite the weak U.S. dollar, a boom in international travel around the world hasn't translated into

Smooth sailing for yacht builders despite economy
Friday, July 04, 2008
NEW ORLEANS (AP) Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to

Facts about super yachts
Friday, July 04, 2008
A look at the super yacht industry: Number of yachts at least 80 feet in length: About 3,800 Projected

UBS may post small loss for 2Q
Friday, July 04, 2008
ZURICH, Switzerland (AP) UBS AG, Switzerland's largest bank, said Friday it expects its second-quarter results to be ''at or

G-8 meets as economy storm clouds thicken
Friday, July 04, 2008
SAPPORO, Japan (AP) Between surging oil prices, food inflation and a credit crunch that's depressed global growth, leaders from

US dollar, gold prices fall in Europe
Friday, July 04, 2008
LONDON (AP) The U.S. dollar edged lower Friday against other major currencies in European trading. Gold prices also fell.

Air France studying rail service
Friday, July 04, 2008
PARIS (AP) With the high price of fuel raising the cost of flying, Air France is looking into replacing

India's inflation rate hits 11.6 percent
Friday, July 04, 2008
NEW DELHI (AP) India's key inflation rate rose to 11.63 percent for the third week of June, the government

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KCBS Money Markets and More
From Wall Street to Main Street, with the editors at MarketWatch.com.
Money Markets & More
Why a lot of folks at GM are thinking about Eisenhower; will the job market cause fireworks for Wall St? And state of the fireworks industry. (7/3; 4:21)
Money Markets & More
Starbucks looks to take the froth from its business and where do automakers go from here? All of that and the 2-Minute Drill. (7/2; 6:20)
Money Markets & More
Are we headed for a bear market for the rest of '08? Where to put your cash. The zip code celebrates its b-day. Do you know what "zip" stands for? (7/1; 6:22)
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CBS Business
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