Recent Posts

Crude Price Jumps on Surprise Inventory Fall

LONDON – World oil prices climbed on Wednesday after U.S. government data showed a surprise fall in U.S. crude stocks as demand for refined products held strong. U.S. light crude futures (search) were trading 84 cents higher at $54.60 on the New York Mercantile Exchange (search) after brushing a session …

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Warner Music Loss Narrows Amid Improved Sales

NEW YORK – Warner Music Group Corp. (WMG) said Monday that a weak dollar and improved sales of digital music helped narrow its second-quarter loss. Issuing its first quarterly report as a public firm, Warner Music, whose Elektra, Atlantic and Reprise record labels are home to artists such as Green …

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Hughes to Hepburn Letters to Be Auctioned

DALLAS – Twenty-two telegrams that Howard Hughes (search) sent to Katharine Hepburn (search) during their brief romance in the late 1930s are going on the auction block. Dallas-based Heritage-Slater Americana is holding the auction of items associated with the reclusive billionaire, whose life of designing and flying planes and producing …

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