Today

• No. 2 Fed official faces tough questions over proposed systemic risk role for central bank

• FDA says strain of E. coli in Nestle USA raw cookie dough doesn't match strain in illnesses

• Chevron says 2Q earnings lifted by higher oil prices; overall results likely to be lower

• Employee furloughs will close Calif. government offices 3 days a month starting Friday

• Iconic Waikiki hotel closes because of mounting financial losses

• DOT fines Delta $375k, saying it violated rules when it 'bumped' passengers from flights

• Allegheny expects $17 million charge in 2nd quarter

• Meltdown 101: At a quarter's end, earnings warnings can bring new ideas about the economy

• SEC expected to call for California IOUs to be regulated as securities

• Smithfield CEO paid $1.8M in fiscal 2009, a 49 percent cut, as hog producer lost $190.3M

• Smucker's 2 co-CEOs' compensation rises 23 percent in 2009 to $3.9 million apiece

• A look at economic developments and activity in stock markets around the world

• Comair expects furloughs of up to 100 pilots starting in September in wake of service cuts

• A brief look at the history of General Motors Corp.

• YRC, Teamsters reach tentative deal on concessions after more than a week of negotiations

• Summit Draft: G8/ G5 agree not to use currency to gain competitive advantage

• New York Times acknowledges Sunday magazine photos were digitally manipulated

• Summit Draft: G8-G5 agree not to use currency to gain competitive advantage

• US wholesale inventories drop smaller-than-expected 0.8 pct in May as sales see tiny increase

• RI bill raises fines for industrial polluters; prompted by Tiverton blue soil case

• Bank of England keeps rates on hold, leaves asset purchases unchanged at 125 billion pounds

• China to let Australian diplomats meet detained Rio Tinto manager

• Ticketmaster, Priceline.com to team up to give online customers access to travel services

• JCPenney same-store sales fall 8.2 percent in June, raises 2nd-qtr profit estimate

• Target same-store sales fall 6.2 percent in June, more than analysts expected

Today

• Agriculture futures rise on Chicago BOT, beef and pork prices higher

• AIG, Merck, YRC Worldwide, Saks, Sprint Nextel are among big market movers Thursday

• Wheat, corn, oats, soybeans advance on the Chicago Board of Trade; beef, pork futures climb

July 08, 2009

• Bad news again: Some small businesses forgoing staff raises for second straight year

July 07, 2009

• Blue-collar workers wanted, rummage sale tips

Today

• Google, Microsoft chairmen share laugh together as battle for tech supremacy intensifies

• Experts work to untangle US, South Korea cyber attack, disagree over extent of Pyongyang ties

• German justice minister asks foreign ISPs to block neo-Nazi sites

• Broadcom drops takeover bid for Emulex, ending months-long struggle

• Twitter's influence, moneymaking challenges emerge as hot topic as media summit kicks off