OPEC to weight a modest oil supply boost
OPEC will weigh a modest boost to oil supply at a meeting on Wednesday, but a $10 retreat last week in crude prices from a record high near $100 a barrel could tip the balance away from pumping more.

OPEC says oil supply is adequate as prices retreat
OPEC members, the producers of more than 40 percent of the world's oil, say they are pumping enough to meet global demand and an increase would do little to ease prices.

Mortgage industry hashes out rate-freeze plan
Mortgage industry executives worked on Saturday to hammer out details of a homeowner rescue plan that would freeze interest rates on some U.S. subprime mortgages for up to seven years, but questions remained over how to avoid investor lawsuits and other legal challenges.

Starbucks plan 2nd farm support center in Rwanda
Starbucks Corp (SBUX.O: Quote, Profile, Research) said on Saturday it would open a support centre for coffee farmers in Rwanda, the second in Africa after Ethiopia.

Dell to form venture with WPP to handle ads
U.S. computer manufacturer Dell Inc (DELL.O: Quote, Profile, Research) said on Sunday it will invest $4.5 billion in marketing over three years as part of an agreement to form a new agency with Britain's WPP (WPP.L: Quote, Profile, Research) that will handle all of the company's advertising and marketing.

IRS considers delaying start of tax season
The Internal Revenue Service is looking hard at whether to delay the start of tax-filing season if Congress, in the next two weeks, doesn't pass a law exempting millions of people from the Alternative Minimum Tax.

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This entry was posted by David Choi, on Monday, December 3, 2007. You can leave your response.