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Stocks sag on economic uncertainty 11 May 08, 23:00 ET Reuters - Stocks fell on Monday, weighed down by uncertainty over the health of the U.S. economy and surging oil and commodity prices, while Japanese exporters felt the pinch from a stronger yen. more Canada oil and gas giant EnCana splits in two 11 May 08, 22:21 ET AFP - Canada's oil and gas giant EnCana has announced that it is splitting in two separate entities: a natural gas company and "a fully integrated oil company." more Oil steady above $126 11 May 08, 20:42 ET Reuters - Oil hovered close to record levels above $126 a barrel on Monday as violence in the Middle East heightened worries of supply disruptions in the world's largest crude producing region. more Person close to talks: Cablevision close to getting Newsday 11 May 08, 19:20 ET AP - Cablevision Systems Corp. is close to buying the Long Island newspaper Newsday from Tribune Co. for $650 million, a person with knowledge of the situation said Sunday. more Cablevision near deal to buy Newsday: report 11 May 08, 16:02 ET Reuters - Tribune Co is close to a deal to sell Newsday to Cablevision Systems Corp for $650 million, the Long Island paper reported on its website on Sunday, citing people familiar with the negotiations. more Retailers likely to post grim 1st-quarter results 11 May 08, 15:00 ET AP - After slashing inventory and cutting expenses, the retail industry is still bracing for the largest overall quarterly profit decline in at least nine years when merchants report their first-quarter earnings this week. more High demand, price of rice good news to US farmers 11 May 08, 14:58 ET AP - Dipping its left wing, a canary-yellow biplane makes a sharp turn and dives over a flooded field, showering rice on the shallow water 15 feet below. more Startup shows off electric car planned for Israel 11 May 08, 14:42 ET AP - Israelis got a first demonstration Sunday of the electric car that developers hope will revolutionize transportation in the country and serve as a pilot for the rest of the world. more EnCana to split into separate oil, gas companies 11 May 08, 14:28 ET Reuters - EnCana Corp , Canada's biggest energy company, said on Sunday it plans to split itself into separate oil and natural gas companies in efforts to lift its value with crude prices at record highs. more G-8 labor officials begin 3-day meeting in Japan 11 May 08, 14:03 ET AP - Labor ministers from the Group of Eight industrialized nations met with international trade union and business groups Sunday to discuss the reduction of workplace emissions of "greenhouse" gases blamed for global warming, officials said. more Rebate excludes many taxpayers with foreign spouses 11 May 08, 14:01 ET AP - When Maulit Shelat heard about the Bush administration's plan to pump up the economy by sending out stimulus checks, he sat down with his wife and drew up a list of priorities: first up, remodeling the bathroom. more Wall Street looks to US consumers for direction 11 May 08, 13:57 ET AP - With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent - and this week's data could help investors gauge the mind-set of the average consumer. more Deutsche Telekom CEO asks shareholders for patience 11 May 08, 12:51 ET AP - Deutsche Telekom AG's chief executive is asking shareholders to show patience, pointing to the global credit crisis as a reason for the company's lackluster share price, according to an interview published Sunday. more High oil prices will break some airlines: Ryanair boss 11 May 08, 11:45 ET AFP - The current record highs in oil prices will force some airlines into bankruptcy, the outspoken chief executive of budget airline Ryanair told a German newspaper on Sunday. more Mubadala to turn Abu Dhabi island into business zone 11 May 08, 06:53 ET Reuters - Mubadala Development Co, an Abu Dhabi investment arm which manages over $10 billion in assets, said on Sunday it will develop an offshore island into a new business district that would house the stock exchange. more Shine Advertising Named Agency of Record for Wisconsin Cheese - Growing Regional Shop to Represent National Icon 11 May 08, 03:05 ET PRWeb - Shine Advertising Named Agency of Record for Wisconsin Cheese more China forms company to make regional, jumbo jets 11 May 08, 03:03 ET Reuters - China has established a company to build regional commercial jets, with an eye to eventually reducing the country's reliance on Boeing and Airbus for jumbo jets, official media said on Sunday. more Ecuador wary of World Bank arbitration in Occidental case 11 May 08, 02:32 ET AP - President Rafael Correa said Saturday he has "no confidence" in the World Bank arbitration branch that is hearing U.S. oil company Occidental's lawsuit against Ecuador. more Citigroup eyes selling Japan consumer unit: paper 11 May 08, 01:26 ET Reuters - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday. more

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