2:07pm ET, Sat 17 May 200838

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DJIA: 12986.80 -5.86  |  NASDAQ: 2528.85 -4.88
 

Sen. Kennedy hospitalized after seizure 1:55pm ET

BOSTON (Reuters) - Sen. Edward Kennedy, was hospitalized on Saturday after suffering a seizure at his Cape Cod vacation home.  Full Article | Video

 
Thousands flee on China lake bank fears 12:57pm ET

BEICHUAN, China (Reuters) - Thousands of Chinese fled their homes on Saturday amid fears a lake could burst its banks, hampering rescue efforts after the deadliest earthquake in more than three decades killed about 29,000 people.  Full Article | Video 

Investing

MARKETS:
Record oil may hold stocks hostage 4:33pm ET

NEW YORK (Reuters) - Stocks will face major obstacles to extending their gains next week if the price of oil continues to break records, as fears about inflation and the discretionary spending power of the embattled American consumer are forced into the spotlight.  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

Fed's Lockhart says world will feel U.S. slowdown 10:23am ET

ATLANTA (Reuters) - U.S. exports have been helped by a weaker dollar and this is providing a boost to an otherwise weak economy, Federal Reserve Bank of Atlanta President Dennis Lockhart said on Saturday.  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