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Reuters: Russian Companies Now Own 10% of U.S Steel Industry
The July/August issue of Foreign Policy points out that Russian firms now own 10% of the U.S. steelmaking market.
Genetic Variation Raises HIV Risk In People Of African Descent
Main Category: HIV / AIDS Also Included In: Genetics Article Date: 17 Jul 2008 - 2:00 PDT A genetic variation that may have protected people of African descent against a pandemic of malaria long ago now appears ...
Cleveland-Cliffs to buy Alpha Natural for $8.3 bln
Iron ore pellet maker Cleveland-Cliffs Inc on Wednesday said it agreed to acquire coal miner Alpha Natural Resources Inc for about $8.3 billion, expanding its coal assets and positioning itself to capitalize on ...
How can you make good news out of bad news? The answer is demand destruction. With regard to record prices for a barrel of crude and a gallon of gas, demand destruction refers to drivers not driving, planes not ...
Nick Barisheff, president of Bullion Management Group in Toronto, predicted gold could trade as high as $1,100 an ounce.
CNBC Inc. ranked Texas as the best all-around state economy and the No. 1 state to do business in America in 2008.
The Stockpickers: Fund manager banks on Brazilian infrastructure plays
Brazil is overhauling its infrastructure with fixes for aging roadways, coastal ports and power plants among many tasks, and fund manager Jack Dzierwa views these projects in Latin America's largest economy as ...
Have commodities peaked? Two-day sell-off spurs talk of a top
After rallying to new stratospheric levels through last week, the price of crude oil and of other commodities prices has been sliding rapidly over the past two sessions, raising the question: Have commodities ...
Commodities Decline on Speculation Weaker Global Economy Will Erode Demand
Commodities tumbled for a third day, led by crude oil and corn, on escalating concern that the sagging global economy will erode demand for raw materials.
Golden Opportunity In Fed's Pickle
Higher rates will hammer the economy into deep recession, but Federal Reserve Chairman Ben Bernanke finds himself between a rock and a hard place there.
Angelina Jolie baby watch enters Day 2; Shannen Doherty might be...
Angelina Jolie and Brad Pitt may be getting their bundles of joy soon, if they haven't already.
A Steep Dive In Coal Batters Highflying ETF
White-hot coal stocks melted down last week when European spot prices for thermal coal, used to make electricity, plunged overnight, taking its biggest one-day hit in three years.
The Statesman's Gardner Selby writes about the future prospects for Houston Mayor Bill White.
Lehman Drops to Eight-Year Low on Speculation It Will Be Sold Below Market
Lehman Brothers Holdings Inc. fell as much as 11 percent to an eight-year low on speculation the fourth-biggest U.S. securities firm may be sold for less than its market value, traders said.
The Justice Department asked a federal court to force UBS to reveal its American clients who used it to evade their taxes, The Wall Street Journal says on page one and The New York Times on C3 .
Futures Movers: Crude futures rise above $143 on dollar weakness, output concerns
Crude-oil futures climbed past $143 per barrel Tuesday, as weakness in the U.S. dollar underpinned demand for energy and global production concerns continued.
Lehman hits 8-year low on talk of sale
Lehman Brothers Holdings Inc. fell to an eight-year low yesterday on speculation the fourth-biggest U.S. securities firm could be sold for less than its market value, traders said.
Contrarian investor prefers gold over oil
Contrarian investor Marc Faber said he could see oil rocket to $300 a barrel if the U.S. attacks Iran, but he prefers gold to oil in normal circumstances because of the U.S. government's potential curbing of ...
The Fed's words will speak louder than its actions this afternoon. It's all but certain the central bank is going to sit tight at 2:15 ET and keep its key federal funds rate at 2%. There's a better chance of ...
Global Infrastructure, Alternative Energy and the Cost of Commodities
We have long held that the infrastructure needs of nations such as the USA, China, the European Union, Russia and India would put massive demands on specific material providers and open the door for ...