January 10, 2012
U.S. stocks advanced Tuesday, on the back of gains in global markets, as investors grew optimistic following upbeat comments about Europe and a decent start to quarterly corporate results. The Dow Jones industrial average (INDU) rose 100 points, or 0.8%, the S&P 500 (SPX) added 14 points, or 1.1%...
January 9, 2012
Detroit automakers got shut out of honors at their hometown's auto show Monday as the Hyundai Elantra and the Range Rover Evoque won North American car and truck of the year awards. The win by Hyundai is the second time it captures car of the year honors at the show in four years. Its luxury Gene...
January 9, 2012
It may be a new year, but when Congress returns from its winter break it will be all old business that lawmakers failed to finish before Christmas. The fight over a temporary extension of the payroll tax cut and long-term federal unemployment benefits sucked up all the oxygen on Capitol Hill. And...
January 3, 2012
American consumers are running out of tricks. Sarah M. Manley, a marketing consultant in Waconia, Minn., with food bought at a discount and stockpiled in her freezer. Lynette and Govind Paudel, and their children Alina, 3, Sophia, 9, and Ravi, 7, of Copley, Ohio, with the 2003 minivan ...
January 3, 2012
BP said in a court filing on Monday that all of its costs and damages from the 2010 Gulf of Mexico oil spill should be paid by Halliburton, its cement contractor for the Macondo well project. BP paid more than $21 billion in cleanup costs and economic damages as of Dec. 1, the company sai...
January 2, 2012
An international arbitration panel has ruled that Venezuela must pay Exxon Mobil more than $900 million in a long-simmering dispute over the nationalization of Exxon’s assets in Venezuela’s Orinoco Belt, one of the most coveted oil reserves outside the Middle East. Related Exxon waged a lega...
