Oil prices surge
NEW YORK (AP): OIL PRICES surged above US$32 a barrel for the first time since mid-March yesterday, as traders fretted about scant supplies, the rising price of natural gas and a signal from the Organisation of Petroleum Exporting Countries (OPEC) that..
WorldCom executives quit after critical report
NEW YORK (AP): WORLDCOM INC. hopes to persuade a federal judge to approve a $500 million settlement with regulators over its accounting fraud...
Fed sees signs of rebound in US economy
WASHINGTON (AP): THE WEAK United States economy, which has suffered thousands of job losses in recent months, may be on the verge of a rebound now that the Iraq war is over, the Federal Reserve said yesterday.
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