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Fed auctions $28.77b in T-bills to investment firms, part of effort to ease credit problems
WASHINGTON_The Federal Reserve has auctioned $28.77 billion in safe Treasury securities to big investment firms, part of an ongoing effort to ease credit problems.

[Associated Press WorldStream]
New US claims for unemployment benefits down by 18,000
WASHINGTON_The number of newly laid off U.S. workers seeking unemployment benefits dropped much more than expected last week.

[Associated Press WorldStream]
Ford Motor Co. executives to address shareholders following Kerkorian investment
WASHINGTON_Ford's most prominent new shareholder is not expected at the automaker's annual meeting Thursday, but his formidable presence will be felt.

[Associated Press WorldStream]
Delta Air Lines raises fuel surcharge by $20 roundtrip; increase is second in just over a week
NEW YORK_Delta Air Lines Inc. said Thursday it has again raised ticket prices, this time by $20 roundtrip, to recoup rapidly rising fuel costs. The increase, which comes in the form of a higher fuel surcharge, is Delta's second in just over a week.

[Associated Press WorldStream]
Builders Laud House Passage of Housing Bill, Urge Congress to Move Quickly to Finish the Job
National Desks/Real Estate Writers/Building/Construction Writers WASHINGTON-- --May 8, 2008--The National Association of Home Builders today applauded House passage of H.R.

[Business Wire]
Most Americans Think U.S. is in a Recession According to Latest CNN/Opinion Research Corporation Poll
Business Editors PRINCETON, N.J.-- --May 8, 2008--More than ¾’s of Americans think the economy is now in a recession Opinion Research Corporation today announced. In the latest CNN/Opinion Research Corporation poll conducted April 28-30, 79% of respondents said they thought the economy was in a recession vs.

[Business Wire]
More shoppers seeking shelter from economy in discounters
NEW YORK_Caught in the maelstrom of higher gas and food prices, Americans _ even more affluent ones _ are seeking shelter in wholesale clubs and discount apparel chains. Low-price operators Costco Wholesale Corp., Wal-Mart Stores Inc. and TJX Cos.

[AP Online]
Pilot Project Offers Insight into Impact of Electricity Deregulation
Business Editors/Energy Editors AUSTIN, Texas-- --May 8, 2008--A pilot effort by six Texas communities to bring lower electricity rates to residents received a lukewarm response from electricity providers, demonstrating how deregulation and current state law is not benefiting all Texans.

[Business Wire]
EDS Returns to Georgia With $391 Million Medicaid Win
2008 MAY 12 - -- EDS, the recognized leader in providing health care support to state governments, has been awarded a seven-year, $391 million contract by the state of Georgia to design, develop and implement a new-generation Medicaid Management Information System .

[Managed Care Weekly Digest]
JCPenney Reports April Sales
Business Editors PLANO, Texas-- --May 8, 2008--J. C. Penney Company, Inc. comparable store sales decreased 1.7 percent for the four weeks ended May 3, 2008, compared to guidance for sales to decrease mid- to high-single digits and compared to a 3.4 percent decrease last year.

[Business Wire]
Priceline.com Reports Financial Results For 1st Quarter 2008
** NOTE: TRUNCATED STORY ** Business Editors/Travel Writers NORWALK, Conn.-- --May 8, 2008--Priceline.com Incorporated® today reported its financial results for the 1 st quarter 2008.

[Business Wire]
 
 
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