Fri, Oct 30, 2009 -- 3:57 PM

Chevron Profits Fall / Apple and Palm Battle Continues
San Ramon-based Chevron today reported its third-quarter profits fell from last year's record levels. Chevron posted a profit of about $3.8 billion for the quarter -- down more than 50 percent from about $7.9 billion a year ago. Also, the tit-for-tat battle between Apple and Palm continues. Apple has launched its latest version of iTunes, which once again thwarts Palm's attempt to access the service with its Pre Smart Phone.

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Host: Peter Jon Shuler