1:58am ET, Thu 28 Aug 200838

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DJIA: 11502.51 89.64  |  NASDAQ: 2382.46 20.49
 

New Orleans considers evacuation as Gustav looms 7:29pm ET

NEW ORLEANS (Reuters) - Three years after Hurricane Katrina slammed into the Louisiana coast, New Orleans residents on Wednesday again faced the prospect of an evacuation as Tropical Storm Gustav loomed.  Full Article | Video

 

Investing

MARKETS:
Oil above $118; euro climbs on ECB talk 9:56pm ET

HONG KONG (Reuters) - Oil prices climbed for a fourth day on Thursday on worries a storm may gather force to become the worst threat to U.S. offshore production since 2005, while the euro rose on tough inflation talk from the European Central Bank.  Full Article 

Travel Web sites to battle in Asia

U.S. Internet travel companies are preparing to slug it out for dominance in Asia, where economic growth and increasing Web usage make the region a tempting target.  Full Article 

New heights in market angst

It is something of a truism to say that investors are worried -- they nearly always are. But with the global asset rally close to its fifth year, a new level of angst is being reached in some quarters.  Full Article 

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Business

Toyota cuts sales forecast as demand sputters 1:07am ET

TOKYO (Reuters) - Toyota Motor Corp <7203.T>, the world's most profitable carmaker, cut its 2009 vehicle sales forecast by nearly 7 percent due to a severe downturn in Western markets driven by high fuel prices and a credit crunch.  Full Article 

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Water-cooler romance

If it seems like more people are flirting around the water cooler at your office these days, it may not be your imagination. Four out of 10 workers admit to being involved with another colleague at some point, a survey showed.  Full Article 

News

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New Year bittersweet for China's families

Millions of migrant workers will make the annual migration back home to rural villages for the Lunar New Year, queuing for hours and cramming into trains and buses for the chance to go home.  Full Article