Final hurrahs, Crude guesswork
Good day for toy shoppers, Bad day for bold predictions
GOOD DAY FOR: Toy shoppers, after retailer KB Toys filed for bankruptcy protection and announced that it would immediately start going-out-of-business sales at its 431 locations. This is the second bankruptcy for the 86-year-old toy story, after a 2004 stint in bankruptcy court. KB Toys employs about 4,400 year-round workers and another 6,515 seasonal employees during the holiday season. (Newsday)
BAD DAY FOR: Bold predictions, after Goldman Sachs energy analysts who foresaw imminent $200-a-barrel oil prices earlier this year lowered their 2009 forecast to $45 a barrel. The analysts see oil rising to $70 a barrel by 2010 and $105 a barrel by 2012. (Reuters)
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Why is Nasa facing a crisis?
Today's Big Question Trump administration proposes 25% cut to national space agency's budget in 'extinction-level event'
-
The 50-year battle for Western Sahara
The Explainer UK is latest country to back Moroccan plan to end decades-long dispute with Algerian-backed Polisario Front
-
What It Feels Like for a Girl: a 'fearless and compelling' coming-of-age drama
The Week Recommends Ellis Howard dazzles in this 'sharply written' adaptation of Paris Lees' memoir