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Conoco's quarter is high octane

Apple CEO Steve Jobs introduces the new Apple iPhone as he talks about sales around the world at the Apple Worldwide Developers Conference in San Francisco, Monday, June 9, 2008. (AP | Paul Sakuma)HOUSTON — Record crude prices helped ConocoPhillips' second- quarter profit climb 13 percent from adjusted results a year ago, beginning what is expected to be a string of robust earnings announcements...

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Yahoo CEO remains upbeat despite lackluster quarter

(AP Photo/Paul Sakuma, file)In this Jan. 7, 2008 file photo, Yahoo CEO Jerry Yang poses for a photo in front of the Yahoo booth at the Consumer Electronics Show in Las Vegas. Yahoo says its second-quarter profit dropped 18 percent, Tuesday, July 22, 2008. It marks the latest in a long stretch of disappointing results for the Internet company.

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Apple revenue, profit show third-quarter gain

... Monday, but investors pummeled the stock after Apple issued soft guidance for the current quarter. PAUL SAKUMA / APIn June, Apple CEO Steve Jobs attended the Apple Worldwide Developers Conference in San Francisco. Since the meeting his health has been fodder for bloggers. Apple on Monday reported a 38 percent jump in revenue and a 31 percent gain in profit in its fiscal third quarter,...

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High Energy Thursday: A turning point for oil prices?

When the price of oil falls $10 in two days, it tends to get the markets’ attention. Who cares if banks are going down the tubes? Oil is coming down, too, which is good news for just about every part of the economy… if it lasts. Yeesh! (Paul Sakuma/AP) To all appearances, the oil price [...]

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Oil news helps give stocks a boost

NEW YORK - Wall Street shrugged off some of its concerns yesterday as stocks bounded higher thanks to a drop in oil prices. The Dow Jones industrial average rose 276 points, or 2.5 percent, posting its best daily gain in three months.