MEXICO

Oil's Dip.

Brent Crude Holds at $114, Awaiting U.S. Jobs Report

Brent crude hovered at $114 a barrel Friday, on track for its second consecutive weekly gain, as investors eyed U.S. jobs data for clues on whether the world's largest oil consumer will be able to dodge a recession.

Louisiana Declares Emergency as Storm Brews in the Gulf [MAPS]

Gulf disturbance threat level
The tropical depression will be called Lee if it upgrades to a tropical storm. It is currently creeping north through the Gulf of Mexico. It could spur torrential rains and coastal flooding from the Florida Panhandle to Texas-Louisiana border, National Hurricane Center Director Bill Read told the media.
More news
hurricane irene damage

U.S. Gulf Coast Gets Notice: Tropical Cyclone Forming in Gulf: NHC

The next hurricane serious hurricane threat to the U.S. may not be Hurricane Katia, but a new low-pressure system that developed in the Gulf of Mexico that the National Hurricane Center says is likely to become a tropical cyclone in the next two days. The unnamed storm has a good chance of threatening U.S. states on the northern Gulf Coast -- potentially areas hit by Hurricane Katrina in 2005.
hurricane irene damage

Hurricane Katia Likely to Become Major Atlantic Storm; Projected Path Uncertain, U.S. Strike Possibility Remains

Hurricane Katia is likely to become a major storm this weekend, and an eventual threat to the U.S. has not been ruled out. The National Hurricane Center said Thursday Katia, now about 1,000 miles east of St. Lucia in the Carribbean, is on a projected path to be well east of the Bahamas and south of Bermuda by Sept. 6. Katia has winds near 75 miles per hour, and the storm is moving west at 20 miles per hour.
Tropical Storm Katia

Katia Path: Hurricane Strengthening; U.S. Strike Not Ruled Out; Another Developing in Gulf

Hurricane Katia is official, as the storm strengthened in the past 24 hours from tropical storm strength. The National Hurricane Center in Miami says Katia, the second hurricane of the 2011 Atlantic season, will likely further strengthen and become a major hurricane by the weekend. The threat that Katia could eventually strike the U.S. remains, through models are uncertain.
IBTimes Logo

Gold Rises in European Trading

Gold prices recovered some early losses on Thursday after European stock markets fell, snapping a three-day rally, and as investors weighed up the prospect of a fresh round of quantitative easing from the U.S. Federal Reserve.
IBTimes Logo

Katia Becomes a Hurricane, Moves Across Atlantic

Tropical Storm Katia strengthened into a hurricane over the Atlantic Wednesday, while another mass of thunderstorms that could become a named storm this week triggered evacuations of some oil workers from the Gulf of Mexico.
Joe Jonas

Joe Jonas, Actor and Producer in 'Older-feeling Kind of Movie' [VIDEO]

Joe Jonas has been experiencing a busy year. The middle Jonas brother has gone solo in a side project. With an album and tour coming up within a few weeks, it seems crazy to think that the 22 year-old also has a new film in the works. The star has two roles in the project--actor and producer. Joe Jonas is truly living the fast life.

Brent Crude Holds Around $114

Brent crude hovered at $114 a barrel Wednesday, after posting six days of gains, on expectations the United States will act again to try and boost growth and increase demand for oil.
Darien Isn't Daryl

Daryl Hannah Character Would Like Oil Pipeline

The real-life pursuits of the Hollywood star stand in stark contrast to one of her most enduring characters on the silver screen: the decidedly pro-business Darien Taylor in the movie “Wall Street.”
Exxon-Russia oil deal

Exxon Mobil Signs Arctic Drilling Deal With Russia

Exxon Mobil can look for oil in Russian territory in the Arctic Ocean under an agreement made Tuesday with Rosneft, the Russian state oil company. The deal is huge for Exxon Mobil, which beat BP for access to a region in which oil drilling is largely prohibited.

ATF Chief Reassigned in Fast and Furious Scandal

The White House replaced the head of the Bureau of Alcohol, Tobacco, Firearms and Explosives and the U.S. Attorney for Arizona on Tuesday in the latest casualties over a botched gun-running investigation known as Operation Fast and Furious.
Smoke billows out of a building housing a casino as firefighters try to extinguish the fire after an attack in Monterrey

Mexicans Arrest 5 in Monterrey Casino Slaughter

Mexico has arrested five suspected drug gang members in connection with the burning of a casino last week that killed at least 52 people, one of the worst attacks on civilians in the country in years.
IBTimes Logo

Jake Owen's Blue Jean Night is ordinary

If you were to scientifically engineer a modern male country star, you might come up with Jake Owen. He's got the stubble-laden dimples, the easy grin, the longish, slightly tousled hair, the pleasant, Southern-accented baritone, and the obligatory one-syllable first name and two-syllable last name.
Solar panels are seen in the parking lot of 1929 building Walter J Towers, near downtown Los Angeles, California

U.S. solar industry was net exporter in 2010

The United States was a net exporter of solar energy products last year, thanks to strong demand from China, Germany and Japan for U.S.-made polysilicon and capital equipment used to make solar panels.
IBTimes Logo

AuRico Gold to buy Northgate in C$1.46 billion deal

Mexico-focused miner AuRico Gold (AUQ.TO: Quote) has offered to buy Northgate Minerals (NGX.TO: Quote) for C$1.46 billion ($1.5 billion) in a friendly deal that would nearly double its output and expand its geographic reach as gold prices soar.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.