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economic downturn

Advertising Age

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So this Bonna Johnson story about a sale at a Brentwood boutique can still be found on The Tennessean's website and, incredibly enough, it's tagged as a local news story.

Thursday Business Links: Agreements Reached on Two Royalty Rates

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• Parties have reportedly agreed upon two of the five royalty rates -- for limited downloads and Internet streaming -- that are set to be determined by the Copyright Royalty Board. The rates will be confidential, however, until they are presented for approval to the three judges sitting on the board.

Oil production rising

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The Telegraph:

The perfect storm that has swept oil prices to $132 a barrel may subside over the coming months as rising crude supply from unexpected corners of the world finally comes on stream, just as the global economic downturn begins to bite.

But don't look for relief soon.

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