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CNN Money
New week, old worries
The tug of war in the stock market isn't showing any signs of letting up.
Favorable results for Glaxo drug
Tykerb, an experimental new drug from GlaxoSmithKline, significantly slowed the spread of breast cancer in clinical trials, according to study results released Saturday.
Gouging? Gas stations are making less
Joe Petrowski wrote his Harvard thesis about the business of gas stations. Good thing - because last year, after 29 years as an energy trader and consultant, he took the CEO job at Gulf Oil, running 2,500 of them from Ohio to Maine. Recently, Petrowski, 52, made headlines with plans to release debit cards, starting October 1, that allow Gulf customers to pre-pay for their gas at the current market price, shielding them from further increases. And for Gulf's credit-card holders, he's proposed to cap the price they pay in exchange for a small per-gallon fee, starting in early 2007. With all the talk of price-gouging by gas retailers, we had to wonder: Is Petrowski saintly, crazy, or brilliant? FORTUNE's Telis Demos called his Boston offices to find out.
Ask.com: Google's rising rival
The activity we do most frequently online - search - is improving, and not just at Google.
Stocks twist and turn to end week
U.S. stocks ended mixed Friday, ending a topsy-turvy day as investors struggled with a key jobs report that on one hand eased inflationary pressure yet also raised serious concerns over the nation's economic health.
Weak jobs report to factor as Fed considers 'pause'
Employers added fewer workers to payrolls in May as the government's latest reading on labor market strength came in well below Wall Street expectations, raising hopes that the Federal Reserve will stop its course of rate hikes at its June meeting.
Wal-Mart rethinks 'self-cannibalization'
Wal-Mart executives told analysts Friday that the company will implement a "subtle change" to the current expansion strategy of opening new stores near older ones.
Retire rich: Keep out the taxman
(FORTUNE Small Business) - For five years, Richard Greene didn't give much thought to saving for retirement. He was more concerned with getting his new business off the ground. (Greene's 20-employee Liquid Technology in Hampton Bays, N.Y., buys and sells the tech gear that such clients as Nasdaq and Panasonic leave behind when they move or upgrade their infrastructure.)
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