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Wednesday, June 18, 2008

Wi-Fi Friendly Skies

WSJ's Walt Mossberg looks at a new service called Aircell that will provide wireless internet access to airplane passengers flying across the U.S. (June 19)

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Former Elk Rancher Turns Idaho Senate Candidate

WSJ's T.W. Farnam presents a video profile of Rex Rammell, an independent candidate for the Idaho senate seat replacing Senator Larry Craig. (June 18)

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Take Comfort in Inflation Anxiety

WSJ's global economics editor David Wessel says we can take some comfort that central bankers are concerned about inflation because it means they are less concerned about heading towards another Great Depression. (June 19)

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Serious Concerns About Sen. Jim Webb's GI Bill Amendment

Sen. Jim Webb's GI Bill Amendment poses these three concerns: 1) It defers costs to future Congresses, and increases benefits without increasing pay. 2) It hurts retention by encouraging troops to leave military service. 3) It lacks modernization fu

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Correction in Oil Prices Coming

Oil prices are "frothy" and the cost of a barrel will roll back to around $100 sometime this year, says Frank Holmes, chief investment officer of mutual-fund firm U.S. Global Investors, which specializes in energy and emerging-markets stocks. Jonathan Burton reports.

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Royal Caribbean Manages in Tighter Times

The leisure travel service looks vulnerable to higher energy costs, but Royal Caribbean International's chief executive sees plenty of clear weather. (June 18)

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You Can't Afford Not to Save

Soaring fuel and food costs have many Americans struggling to make ends meet, but Dean Kohmann, vice president of Charles Schwab's 401(k) Plan Services, advises Americans to keep saving. (June 18)

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Bush- Repeal Ban on Offshore Oil Drilling

With gas prices still rising, President Bush says it's time for Congress to end a ban on offshore drilling. Also, presidential candidates Sens. John McCain and Barack Obama weigh in on the proposal. Video courtesy of Fox News. (June 18)

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Boeing Prevails in Tanker Dispute

The Government Accountability Office backs Boeing Co.'s protest against the Air Force awarding a $35 billion tanker contract to Northrop Grumman, citing "significant errors." MarketWatch's Christopher Hinton reports.

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You Can't Afford Not to Save

Soaring fuel and food costs have many Americans struggling to make ends meet, but Dean Kohmann, vice president of Charles Schwab's 401(k) Plan Services, advises Americans to keep saving. (June 18)

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Royal Caribbean manages in tighter times

The leisure travel service looks vulnerable to higher energy costs, but Royal Caribbean International's chief executive sees plenty of clear weather. (June 18)

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Morgan Stanley Beats Estimates; FedEx, Northwest Struggle

Morgan Stanley's second-quarter profit beats expectations, although the investment bank still posted losses compared to last year. Higher fuel costs hurt FedEx and Northwest Airlines. (June 18)

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The Cost of China's Floods

In a banner year for natural disasters, floods in southern China, where more than 170 have been killed, add to transport and inflation worries. Video courtesy of Reuters (June 18)

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Mourners Gather in Baghdad

Tuesday's car bomb in Baghdad was the deadliest attack in a month, killing 51. The strike comes after violence in Iraq had dropped to a four-year low. Video courtesy of Reuters (June 18)

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Playback 6/18/08

McCain calls for offshore drilling

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McCAIN'S VP- Does FL Gov Crist's McCainian Flip Flop Help?

McCAIN'S VP: Does FL Gov Crist's McCainian Flip Flop Help?

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