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Qantas Incident Caused by Oxygen BottleInvestigators blamed an exploding oxygen bottle for tearing a long hole in the fuselage of a Qantas Airways Boeing 747 last month and issued a warning to other airlines. ... |
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Consumer Spending Slowed in JulyConsumer spending rose 0.2% in July, but adjusted for inflation outlays dropped 0.4%, suggesting the economy will weaken with the end of government stimulus payments. ... |
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Japan Unveils Stimulus PackageJapan unveiled a $107 billion economic stimulus package that focuses on helping the nation cope with soaring energy and food prices. ... |
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Dell, Gustav Weigh on StocksStocks edged lower before a three-day break after Dell's worse-than-expected report and a rise in oil prices as Tropical Storm Gustav bore closer to the Gulf of Mexico. Markets were higher in Asia and flat in Europe. ... |
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Nintendo Raises ForecastVideogame maker Nintendo raised its net profit outlook for this fiscal year, sending its shares sharply higher on the prospect of buoyant Wii and DS console sales and more favorable foreign exchange rates. ... |
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McCain to Announce VP TodayMcCain is keeping the name of his running mate a closely held secret just hours before the Republican presidential candidate is set to introduce his No. 2 at an Ohio rally. Minnesota Gov. Pawlenty indicated he wouldn't be the pick. ... |
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