Tokyo Electric Power Co., which received an $8.9 billion lifeline from the Japanese government, widened its full-year loss forecast as compensation and clean-up costs rose after the Fukushima nuclear
Monday, February 13, 2012
(Business Week)
Electricite de France SA rose after a government-commissioned report said the country should extend the operating life of Europe’s largest network of nuclear- reactors to six decades.
Monday, February 13, 2012
(Business Week)
China’s ambitions to unlock the natural gas trapped in shale rocks are likely to take longer than planned, boosting the nation’s reliance on overseas suppliers from Exxon Mobil Corp. to Ro
Monday, February 13, 2012
(Business Week)
Construction of multifamily units will lead the U.S. building industry again this year, allowing housing to contribute to growth for the first time in seven years, according to economists Michelle Mey
Monday, February 13, 2012
(Business Week)
Macquarie Group Ltd., Australia’s biggest investment bank, cut about 10 percent of its investment banking workforce in Asia last week, two people with knowledge of the departures said.
Monday, February 13, 2012
(Business Week)
A gauge known as Okun’s Law that’s historically used to predict the U.S. unemployment rate based on the economic growth outlook is “broken,” according to Goldman Sachs Inc.
Monday, February 13, 2012
(Business Week)
Its acquisition of the smartphone arm is cleared.
Monday, February 13, 2012
(Politico)
Quebec Premier Jean Charest says his government’s effort to develop the resources of its northern territory has generated $6-billion worth of investment
Monday, February 13, 2012
(Financial Post)
An early version of the After Hours column on Monday gave incorrect share prices for Rackspace Hosting Inc. and Yingli Green Energy Holding Co. The story has been corrected.
Monday, February 13, 2012
(MarketWatch)
The Greek struggle with austerity points to a central question about sovereignty in 2012. Who has a monopoly on using power?
Monday, February 13, 2012
(Business Week)