The pound exceeds $2 

The British pound broke past $2 Tuesday for the first time in nearly 15 years after figures showing an unexpected surge in inflation led economists to conclude that multiple interest rate increases were all but a given. Tourism operators expect the new round figure to jog interest in bookings to the United States. Conversely, Britain will become more expensive for U.S. tourists.

AOL wants to beat networks

AOL is seeking to capture advertising dollars normally spent on television by showcasing five new interactive programs from producers such as "Survivor" creator Mark Burnett a month before the broadcast networks announce their fall lineups. More than 500 advertising executives and media planners were invited to a "First Look" showcase Tuesday.

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Staff Report

A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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