Trains Restart as U.S. Northeast Fights Back From Storm Bloomberg ...Transit officials across Connecticut, Massachusetts, New York and Rhode Island were forecasting a return to almost full service after crews dug out tracks and bus routes blanketed by as much as three feet of snow that began falling Feb. 8...
China Eclipses U.S. as Biggest Trading Nation Measured in Goods Bloomberg ...U.S. exports and imports of goods last year totaled $3.82 trillion, the U.S. Commerce Department said last week. China’s customs administration reported last month that the country’s trade in goods in 2012 amounted to $3.87 trillion...
US Air, AMR near $11 billion merger, deal seen within week : sources Reuters ...US Airways Group Inc (LCC.N) and AMR Corp (AAMRQ.PK) are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, after resolving key differences on valuation and management structure, people familiar with the matter said...
Have coal companies been ripping Americans off even more than we already knew? Grist ...companies pay 25 cents a ton for coal from public lands and then can turn around and sell it for $35 a ton....
Complex Investments Prove Risky as Savers Chase Bigger Payoff New York Times ...Regulators across the country are confronting a wave of investor fraud that is saddling retirement savers with steep losses on complex products that until a few years ago were pitched only to the most sophisticated investors...
Ethanol Plants Idled Since Drought Began Associated Press ...Many U.S. ethanol plants have halted production over the past year, mostly because the drought has made it difficult to get locally produced corn...
Dude, where's my cheap gas? Econbrowser ...a 5.3% increase in petroleum production over the last two years would have been necessary to keep the price of oil from rising. Ongoing conservation, for example, in the form of continued improvement in fuel economy, has been a key factor keeping the oil price from rising more in the face of world income growing much faster than world oil production...
