| HeraldNet - Snohomish County's online news source |
 SATURDAY, JULY 19, 2008 7:53 pm |
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Why the economy feels worse than it looks Are things really that bad? Is this the worst situation we've faced since the Great Depression? Is there any way out? [More] Microsoft shares drop 5 percent SEATTLE -- Shares of Microsoft Corp. sank more than 5 percent on Friday, a day after the company missed Wall Street's earnings forecast by a penny, and issued softer-than-expected guidance for the current first quarter. [More]
FARNBOROUGH, England -- It looks like the ultimate new video game: the operator, in the comfortable leather chair, uses dexterous thumbs on a hand-held console to maneuver an aircraft, with its trajectory displayed on flat-screen monitors. [More]
WASHINGTON -- Sometimes, I guess, timing is everything. [More] G.I. Bill incentives could draw more quality recruits The quality and number of American youth drawn to military service should climb soon because of enhanced education benefits to be provided under the new G.I. Bill, say Pentagon recruiting experts. [More] Freddie Mac readies its stock plan WASHINGTON -- Freddie Mac, the troubled mortgage-finance giant, on Friday took a major step with the Securities and Exchange Commission toward selling billions of dollars of stock. [More] Oil prices drop for the whole week A stunning sell-off dragged oil prices to their biggest weekly drop ever and gas at the pump slipped by the more than it has in months, giving consumers a rare breather in a year of record fuel prices. Light, sweet crude for August delivery fell 41... [More] Citigroup posts $2.5 billion loss, but beats expectations NEW YORK -- Citigroup posted another loss and laid off 6,000 employees in the second quarter as it struggled with surging loan defaults, but the $2.5 billion shortfall was smaller than Wall Street anticipated. [More]
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