Reuters - Stocks edged lower at the open on Tuesday as investors awaited the outcome of discussions on a bailout package for Greece from international lenders that would help the country avoid a chaotic default.
LiveScience.com - Perhaps you're a cat lover. Perhaps you abhor the lazy critters. Either way, when you see a cat lounging on an armchair, napping all day but for the occasional stretch or window gaze, "useless" is by no means the last word that comes to mind. Cats, beloved or otherwise, don't radiate the message that they're indispensable, hard-working members of the household, or the world.
Reuters - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.
Reuters - Greek party leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms now and a national strike against more austerity.
Wet gas and liquid shale plays are a significant new trend in the energy industry. Industry leaders such as ExxonMobil and Chesapeake have made recent announcements about rapidly shifting their strategic focus and investment for development to the liquid rich and wet gas dominant shale areas.
Reuters - Coca-Cola Co reported better-than-expected quarterly results and announced a new cost-savings program on Tuesday that it will use to boost its brands and mitigate higher commodity costs.
German industrial output fell in December, in line with an expected downturn in Europe's biggest economy at the end of last year, data showed on Tuesday but analysts expect a quick rebound.
Reuters - At least two top 10 shareholders in miner Xstrata plan to vote against a takeover by commodities trader Glencore, threatening the creation of a powerhouse spanning mining, agriculture and trading.
A shock fall in German industrial production in December confirmed the eurozone crisis caused Europe's largest economy to shrink at the end of 2011, economists said.
Reuters - Beyond the reach of regulators, and about half the size of the world's banking industry, a thriving breed of "shadow banks" is emerging that could trigger the next chapter in the global financial crisis.
AP - Coca-Cola Co.'s fourth-quarter net income dropped 71 percent, weighed down by restructuring charges and a difficult comparison with last year's fourth quarter, when the beverage maker had a hefty benefit from buying its bottlers.
AP - Greek party leaders will seek Tuesday a long-delayed agreement on harsh cutbacks that bailout creditors demanded to save the country from bankruptcy but which have fueled nationwide outrage — a general strike snarled public services and thousands of protesters took to the streets of Athens.
AP - President Barack Obama will announce on Tuesday a new plan to prepare math and science teachers when he hosts the second White House Science Fair.
NEW YORK, NY-- - Biotech stocks are on fire in 2012. The iShares NASDAQ Biotechnology index is up more than 15 percent year-to-date as impressive earnings results have boosted investor optimism in the ...
SPACE.com - A European spacecraft orbiting Mars has found more revealing evidence that an ocean may have covered parts of the Red Planet billions of years ago.
German industrial production fell 2.9 percent in December from the month before, according to official data released Tuesday, suggesting the country's economic slowdown could be worse than expected.
AP - BP PLC has raised its quarterly dividend by 14 percent after posting double-digit gains in profit and revenue in the last three months of 2011 despite further big payments to compensate for the disastrous oil spill in the Gulf of Mexico.
AP - Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.
In this excerpt from his new book, The Daily You , University of Pennsylvania professor Joseph Turow takes you on a tour of the industry that's trafficking in the data you generate every day on the Internet. ...
AP - California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. More than 40 U.S. states have agreed to a nationwide settlement.
German industrial output posted its biggest fall in December since the depth of the financial crisis at the start of 2009, the Economy Ministry said on Tuesday, underperforming forecasts by a wide margin. ...
Pakistani rescuers on Tuesday pulled more survivors and bodies from the rubble of a factory that collapsed in the city of Lahore, as the death toll rose to 19 after the disaster.
AP - A federal judge has set aside nearly seven hours for opening statements in a trial over the deadly rig explosion in the Gulf of Mexico that resulted in the nation's worst offshore oil spill.
Reuters - BP said it was preparing "vigorously" for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth-quarter earnings boosted by higher oil prices and one-off gains.
AP - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.
Industry slams federal plan to list fracturing chemicals Houston Chronicle Copyright 2012 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 10:21 p.m., Monday, February 6, 2012 WASHINGTON - The oil and gas industry is attacking a leaked draft of government rules that would require companies to disclose the chemicals ...
ContributorNetwork - COMMENTARY | Strictly speaking, the 1 percent -- people whose incomes put them above the other 99 percent of us, starting at about $340,000 a year as of 2009, according to IRS data -- don't actually spend much of their money.
Reuters - Oklahoma's Republican governor announced a plan on Monday to dramatically cut state income tax rates and eventually do away with them altogether, and said the state would pay for the cuts by closing "loopholes."
A Massey University professor who uses mathematics to model the drift of ash from volcanic eruptions as well as solving industrial problems has just been awarded the highest Australasian accolade for maths in industry.
Ten women and three children were killed with dozens of others trapped under rubble when a factory collapsed in the Pakistani city of Lahore on Monday, officials said.
SAN FRANCISCO, Feb. 6, 2012 /PRNewswire/ -- Interop Las Vegas ® , produced by UBM TechWeb , today announced executives from Avaya, Cisco and VMware are scheduled to take the keynote stage in Las Vegas. ...
AP - A dam in southern Bulgaria burst Monday after days of heavy rain, sending an eight-foot-high (2.5-meter) torrent surging through a village along the Greek border. The disaster brought the region's toll from flooding to eight dead, 10 missing.
Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least nine, officials said.
Proxibid , the world’s largest real auction marketplace, today announced that Larry Latham, an auction industry pioneer, has joined its team to add focus to its b
The American Council for Technology-Industry Advisory Council today announced its 2012 Partners Program participants. The executive development program pairs 16 governmen
Sabre Holdings, a global technology company for the travel industry, today announced the launch of its Sabre Eco-Certified Hotel Program, an industry first program that provides clear and easy access to sustainable travel offerings throughout Sabre’s portfolio.
LAHORE, Pakistan (Reuters) - A three-storey factory collapsed on Monday in the Pakistani city of Lahore after a gas explosion, killing at least five people and trapping dozens, emergency officials said. "The factory has completely collapsed and two houses next to it as well," an emergency official at the site told Reuters by telephone, adding that narrow streets was preventing heavy rescue ...
Participants in the music instrument industry are optimistic about growing sales in 2012 even as they acknowledge that consumer demand has been muted in recent years, according to
Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least four, officials said.
German factory orders rose more than economists forecast in December as demand from outside the euro area helped its largest nation weather the sovereign debt crisis.