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Mid-day Update

PODCAST: Obama cracks down on manipulation, Coca-Cola sells more bottles

Mary Dooe Apr 17, 2012
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Coca-Cola reported higher than expected earnings this quarter. Justin Sullivan/Getty Images
Mid-day Update

PODCAST: Obama cracks down on manipulation, Coca-Cola sells more bottles

Mary Dooe Apr 17, 2012
Coca-Cola reported higher than expected earnings this quarter. Justin Sullivan/Getty Images
HTML EMBED:
COPY

The White House this morning says that President Obama plans a “crackdown” on oil market manipulation. The president is set to make an announcement in the Rose Garden a couple hours from now. His spokesman says it involves  “increased oversight” of the oil markets.

Groundbreaking on U.S. homes fell unexpectedly in March, but permits for future construction rose to their highest level in 3 1/2 years, Commerce Department data showed on Tuesday.

Coca-Cola reported higher-than-expected quarterly results on Tuesday after the world’s largest soft drink maker sold more beverages.

Investment banking giant Goldman Sachs reported a $2 billion profit for the last quarter.

Apple shares fell 4 percent in what’s being called “profit taking”which probably makes sense after the stock’s 43 percent rise this year.

Shares of Spanish energy firm Repsol YPF fell sharply after Argentina said it is to nationalize the company’s majority stake in Argentine oil and exploration unit YPF.

If you want the best coffee, one expert says you should make it yourself; Use a Bodum French Press to bring out the oil; flavor and essence of your coffee blend. When you’ve made your coffee, immediately take it off the stove and put it in a thermos. Drink it within an hour or two. The advice comes from Howard Schultz — the CEO of Starbucks. He tells Bloomberg BusinessWeek that he makes his own coffee that way every morning.

Finally, for any Trekkies who might have missed yesterday’s big announcement:  The stars will literally be aligning in London this October, so here’s your chance: A big fan-convention in London will mark the first time that all five Star Trek TV captains  will be appearing on the same stage together —  William Shatner, Patrick Stewart, Avery Brooks, Kate Mulgrew and Scott Bakula.  But if you’re planning to grab some easy autographs, think twice: they’re expecting between 10,000-15,000 strange new life forms to attend.

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