Biz News, News

By Chris Ariens 

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• Silicon Alley insider has the story of the misreported earnings on CNBC. “Last quarter, Fox Business flubbed HP’s earnings. [Tuesday], it was CNBC’s turn,” Michael Learmonth writes.

• CNBC got some traction from one of their guests this morning. DJ Newswires picked up T. Boone Pickens‘ comments on the price of oil. Pickens predicted prices will drop in the second quarter, then added, “I think we’ll be back up above $100 in the second half of the year.”