Bush ignores jobs news

Other author's news:

• Germany's top banker acquitted - Deutsche Bank chief executive Josef Ackermann and five others were cleared by a German court yesterday of charges they illegally overpaid executives after Europe's biggest company takeover.
• Marks & Spencer struggles to beat hostile takeover - Troubled British retail giant Marks & Spencer will attempt to ward off an aggressive takeover bid by offering shareholders a sizeable cash sweetener package, reports said yesterday.
• Crude soars on supply, terror fears - New York's main crude oil contract Friday shot to the highest close since June 1 amid fear of terrorist attacks and on a report that OPEC is already pumping near full capacity.

Similar news:

• IBM shares dip, investors ignore job plan - Investors reacted coolly onThursday to IBM plans to eliminate up to 13,000 jobs, sendingshares down 2 percent as the cost-cutting move underscoredconcerns of slow growth at the world's largest computer maker.
• In Blow to Bush, Only 32,000 Jobs Created in July - ob growth ground nearly to a halt last month, the Labor Department reported yesterday, raising new concerns about the economy's strength and reshaping the political debate over its performance less than three months before election day.
• Rate hike could be good news or bad news for Bush - The Federal Reserve is expected to raise interest rates this week, an election year move that is becoming something of a habit.

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