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Oil prices have jumped in Asia to near $117 a barrel on expectations that tropical storm Gustav will soon enter the Gulf of Mexico area, home to a quarter of U.S. crude supplies and 40 percent of its refining capacity. full story

EXAGGERATED REPORT

Steve Jobs' premature obit

Bloomberg News, embarrassingly, published an obituary of Apple CEO Steve Jobs, who is still very much alive

Markets

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Nikkei 225 13079	+311.12	(+2.44%)
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All Ordinaries 5210	+66.60	(+1.29%)
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FTSE 100 5601	+73.10	(+1.32%)
CAC 40 4461	+88.41	(+2.02%)
DAX 30 6421	+99.51	(+1.57%)
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Dow 11715	+212.64	(+1.85%)
Nasdaq 2412	+29.18	(+1.22%)
S&P 1301	+19.02	(+1.48%)
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Commodities

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Light Crude (NYM)		115.59	(-2.56)
Natural Gas (NYM)		8.05	(-0.56)

Gold (CMX)		837.20	(+3.20)
Silver (CMX)		1,370.50	(+13.70)

Currencies

160.84

1.4749

0.8055

0.0062

0.0092

0.0050

0.6780

109.03

0.5461

1.2416

199.67

1.8312

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U.S. Business at CNN Money

Videos in Business

Policing porn on airplanes?

3:53

Egypt emporium's retail revamp

3:25

iReporter: Stuck on plane

2:38

all video in Business »

Digital Biz

Scent on-line
The possibility of emitting smells via the Web continues to tantalize marketers

Beijing '08

Cambodia's challenge
An appeal on behalf of four athletes went out to companies prior to the Olympics

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Final call for BAA

The Microsoft of London's airspace is likely to lose its monopoly, but don't expect any end to frequent flyer headaches full story

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