current events

SONY STOCK HITS 1-MTH LOW ON 2ND BATTERY RECALL
http://today.reuters.com/news/articlebusiness.aspx?type=tnBusinessNews&storyID=nT264433&imageid=top-news-view-2006-08-25-015429-RTR1DJT8_Comp%5B1%5D.jpg&cap=A%20customer%20tries%20out%20a%20laptop%20at%20a%20new%20Apple%20Store%20in%20New%20York%20May%2019,%202006.%20%20REUTERS/Seth%20Wenig&from=business
Shares of Sony Corp. fell as much as 3 percent to a one-month low on Friday after Apple Computer Inc. said it would recall 1.8 million PC batteries, the second major recall involving Sony-made battery cells in 10 days.

AOL TO SELL DIGITAL MOVIE DOWNLOADS
http://news.zdnet.com/2100-9588_22-6109307.html
AOL is adding digital movie downloads from several studios to its video site and providing more on-demand TV shows.

OIL PRICES RISE AS TRADERS WATCH IRAN
http://www.chron.com/disp/story.mpl/ap/fn/4140870.html
Oil prices rose Friday as the market watched Iran's stand-off with the West over its nuclear program and amid concerns that tropical storms could threaten U.S. Gulf Coast oil refineries. Gasoline prices also climbed higher.