U.S. markets post small gains Thursday - United Press International

U.S. markets post small gains Thursday - United Press International
NEW YORK, May 22 (UPI) -- U.S. stock indexes showed narrow gains Thursday after Ford Motor Co. revised its business plan and its expectations. With gas prices rising quickly, Ford announced it would step up production of smaller cars and scale back

AP Business NewsBrief at 4:32 p.m. EDT - CNBC
NEW YORK (AP) — Wall Street steadied itself Thursday after two sessions of steep declines, rebounding moderately as oil prices stepped back from their frenetic upward run. Oil set another trading record overnight — moving above $135 per barrel

Feds Go After Stock Loan Scammers - Forbes
The feds have broadened a year-old investigation into the inner workings of Wall Street, announcing four more arrests Thursday for allegedly fraudulent stock-lending schemes. Stock loan is a little noticed yet profitable enterprise for big banks and

Market Keeps Its Head Above Water - Street.Com
Updated from 2:51 p.m. EDT Stocks in New York managed to achieve modest gains Thursday following a huge equities selloff over the prior couple of sessions, even against the backdrop of oil prices that, despite today's mild retreat, remained

Ford Chief Abandons 2009 Profit Goal on Rising Costs (Update2) - Bloomberg
May 22 (Bloomberg) -- Ford Motor Co. abandoned a target of returning to profit next year because of rising costs for steel and gasoline, a month after Chief Executive Officer Alan Mulally said the second-largest U.S. automaker expected to meet its