Rival US media titans have launched a bidding war for Newsday, the New York-area paper reported Saturday as Daily News owner Mortimer Zuckerman matched Rupert Murdoch’s 580-million-dollar bid.
Oil prices rose sharply Friday on news that a ship under contract to the U.S. Defense Department fired warning shots at two Iranian boats. Retail gas prices as expected rose further into record territory, nearing $3.60 a gallon.