US / Canada

Tepco Widens Full-Year Loss Forecast as Fukushima Costs Rise

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)

EDF Jumps on Report Backing 60-Year Atomic Reactors: Paris Mover

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 Shale Delay to Boost LNG Imports in Boon for Exxon: Energy

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)

Multifamily Buildings to Lead U.S. Construction Gains: Economy

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 Said to Cut 10 Percent of Asia Investment Banking Jobs

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)

Okun’s Law Breaks as Jobless Rate Unexpectedly Falls: Tom Keene

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)

U.S. OKs Google's Motorola bid

Its acquisition of the smartphone arm is cleared.

Monday, February 13, 2012 (Politico)

Quebec's North Plan generates $6B

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)

Corrections: Rackspace Hosting, Yingli rise after hours

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)

Greece and the Test of Sovereignty

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)

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