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Saudi Arabia Says It Will Boost Oil Output in June (Update5) By Janine Zacharia May 16 (Bloomberg) -- Saudi Arabia, the world's largest oil exporter, will increase crude production next month in response to rising demand from its customers and a request by U.S. President George W. Bush to ease the strain of record prices. The country will raise output ...
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Posted by Matt Wrye at 9:16 PM
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APStocks pare losses to finish mixed after oil spikesFriday May 16, 6:00 pm ET By Tim Paradis, AP Business Writer Stocks end mixed as investors digest spike in oil prices, surprise gain in home construction NEW YORK (AP) -- Wall Street capped a week of big gains with modest moves Friday as investors grappled with surging energy prices that overshadowed ...
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Posted by Matt Wrye at 9:06 PM
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The individual school winners of the Ken Hubbs Memorial Award were scheduled to be announced this evening at Arrowhead Credit Union Park before the California League game between the 66ers and the Storm. The Hubbs Award is the most prestigious in the greater San Bernardino area for prep athletes. Previous winners include Ronnie Lott, Mark Collins, Greg Colbrunn, Charles Johnson, ...
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Posted by John Murphy at 6:30 PM
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May 16, 2008: SB Now
The Inland Empire is the 2nd hardest hit area in the whole nation for foreclosures. I visited some SB offices Thursday where those on the lowest rungs of the housing market's deepest collapse wander in, glassy-eyed, for help. ACORN's D Street offices don't charge anything, but they also don't have advertising, so they're still a bit of a secret. But ...
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Posted by Robert Rogers at 3:30 PM
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May 16, 2008: SB Now
Went to a heartwarming event this morning. About 50 local Norwegians turned out at city hall for a small, quiet recognition of their far-off homeland's independence day. What struck me initially was that these people represented all that has become idealized in American history about those waves of immigrants in the 18th and 19th centuries. People with a quiet recognition ...
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Posted by Robert Rogers at 1:08 PM
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The spring sports season heads into the home stretch with playoffs having commenced and the CIF-SS track finals on Saturday at Mt. SAC. One Prep-dog reader asked today when there will another story on the Pacific High School athletic department and its flurry of coaching firings/resignations. That story is coming. But there have been other concerns in the meantime - ...
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Posted by John Murphy at 8:35 AM
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ECONOMIC REPORT Housing starts surge on condo construction Single-family starts continue falling, touch 17-year low By Rex Nutting, MarketWatch Last update: 9:20 a.m. EDT May 16, 2008 WASHINGTON (MarketWatch) -- U.S. home builders broke ground on 8.2% more homes in April, led by a 36% increase in multi-family units, the Commerce Department estimated Friday. Housing starts rose to a ...
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Posted by Matt Wrye at 8:27 AM
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ReutersConsumers' mood grim as early-80s in MayFriday May 16, 10:34 am ET By Burton Frierson NEW YORK (Reuters) - Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations reached the highest levels since the stagflationary early 1980s. The news heightens the dilemma for the Federal Reserve, which has bet ...
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Posted by Matt Wrye at 8:21 AM
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Oil price surges to record high near 128 dollars 3 hours ago LONDON (AFP) -- The price of oil rocketed to a record high of 127.82 dollars per barrel on Friday, as US President George W. Bush prepared to urge Saudi Arabia to pump more crude, analysts said. Friday's record run for New York's light sweet crude beat the previous ...
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Posted by Matt Wrye at 8:14 AM
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Yes, your irrepressible critic is taking a few days off and hitting the road, so to speak. I'll be back with new reviews next week. Need a film-cannon fix? Check out the archives for a refresher. ...
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Posted by Amanda Keith at 12:27 AM
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May 15, 2008: SB Now
The National Orange Show Festival has been a city tradition for a few seasons shy of a century. With attendance slumping in recent years (and a number of legal battles and bad accidents facing the NOS grounds compounding the problem), planners are pitching an interesting concept: Reversion to the "good ol' days." In a one-on-one conversation I had with NOS ...
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Posted by Robert Rogers at 8:36 PM
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As soon as I posted a follow-up on the CIF-Masters swimming, the cell phone rang and it was Yucaipa athletic director Mark Anderson. I asked Anderson if the Yucaipa swimmers are going to get CIF-SS championship rings. He said somebody was on it, researching the deal. Anderson was the district athletic director in Odessa, Texas for the district that includes ...
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Posted by John Murphy at 4:56 PM
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May 15, 2008: SB Now
Gays are constitutionally afforded the right to marry, the California Supreme Court ruled today. Click below for a full recap of the events, the implications and the future. This is, of course, a historic day, no matter what side of this issue you fall on. California, in living up to its progressive leadership reputation and history, becomes just the second ...
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Posted by Robert Rogers at 4:07 PM
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Let's shake the notebook from the CIF-SS Masters Swimming Championships in Long Beach on Tuesday and see what falls out: In the 50-yard free, the usual suspects finished at the top. Joey Hale (Redlands) and Karl Krug (Yucaipa) were 1-2, with Yucaipa's Michael Perry a respectable fifth. Karl Krug Sr. said the kids were "torn up" from all the swimming ...
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Posted by John Murphy at 3:28 PM
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One of the surprises of this blog is the people I hear from. Somehow they've tracked me down via this thing. Not sure how that works. Today I touched bases with Tim Bowler, my old point guard from John Muir School in San Bruno. He is a teacher and the junior varsity basketball coach at Menlo-Atherton High School. Back in ...
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Posted by John Murphy at 2:56 PM
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Aquinas athletic director Chris Ybarra just called the dog to say he is seeking a girls' volleyball coach and a boys' soccer coach. Contact Ybarra at Aquinas (909) 886-4659 ext. 284. Ybarra said outgoing Falcons volleyball coach Eric Benitez is leaving because of his regular full-time job. He added that outgoing soccer coach Chris Barrows has resigned in order to ...
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Posted by John Murphy at 10:18 AM
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BusinessWeek Microsoft Moves on Yahoo May 15, 2008, 12:10AM EST text size: TT Icahn Begins Yahoo Board Battle The billionaire investor proposed a slate of directors to replace Yahoo's board, but will Microsoft take the bait? by Robert Hof As if an abbreviated bear hug from Microsoft (MSFT) weren't enough, Yahoo (YHOO) now has a new foe: Carl Icahn. The ...
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Posted by Matt Wrye at 9:28 AM
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CBS to buy online pioneer CNet for $1.8 billion By Steve Gelsi, David B. Wilkerson & John Letzing, MarketWatch Last update: 12:10 p.m. EDT May 15, 2008 NEW YORK (MarketWatch) -- CBS Corp. will acquire CNet Networks Inc., a pioneering online provider of technology news and product reviews, for $1.8 billion cash, as the TV broadcasting giant took another ...
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Posted by Matt Wrye at 9:24 AM
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One year ago David Dash was a gifted little freshman running back for Fontana, full of ability and promise. Now his existence has figuratively been reduced to a large envelope I keep in my desk drawer. It is nearly an inch thick and it's jammed with newspaper clippings and notes on his unseemly eligibility situation. Wednesday the CIF-State panel meets ...
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Posted by John Murphy at 12:00 PM
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Normally one thinks of swimming as a niche sport - one where the interest is passed down from generation to generation, like with wrestling. In terms of aquatics, think the Rahn family of San Gorgonio. Somehow, Yucaipa has two swimming dads - Karl Krug Sr. (father of Karl Jr.) and Steve Johnson (father of Clint) - who are former ...
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Posted by John Murphy at 11:50 AM
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