3:16am ET, Sat 17 May 200824

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DJIA: 12986.80 -5.86  |  NASDAQ: 2528.85 -4.88
 

Thousands flee as China lake bank feared broken 2:42am ET

BEICHUAN, China (Reuters) - A Chinese county near the epicenter of a 7.9 magnitude earthquake was ordered to evacuate on Saturday amid fears a lake had burst its banks, prompting thousands to flee to the hills to escape possible flooding.  Full Article | Video

 
Bush gets oil but no credit for jawboning Saudis 11:23pm ET

WASHINGTON (Reuters) - President George W. Bush walked away from a meeting with Saudi King Abdullah on Friday with a prize he has been seeking for months: a commitment from the world's big oil exporter to boost output.  Full Article | Video 

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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 

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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