Yes, oil prices are climbing again and will likely do so for a while. But never fear: The price forecasts remain too low to make a big impact on the U.S. economy, which is far more energy-efficient these days. Here are three ot…
The Chinese auto market, already the largest in the world, is set for strong growth in 2011.
General Motors (GM), the largest foreign automaker in China, expects sales to climb by as much as 15% in line with the wider market, Bloomberg News reported….
Last week, power-plant operator Dynegy agreed to be acquired by top shareholder Icahn Enterprises for about $665 million. But Dynegy’s second-largest shareholder, hedge fund Seneca Capital, rejected the bid, calling it “the wro…
Oil prices gained Monday morning as expectations of cold weather in the U.S. and Europe raised demand.
U.S. crude for January delivery rose 15 cents to $88.20 a barrel at 7:48 GMT, Reuters reported. ICE Brent for February rose 13 cents to $91.80.
“P…
California has postponed enforcing its strict new diesel-emission standards for four years. The rules, intended to slash emissions from trucks, buses and construction equipment, had been scheduled to take effect in March 2010.
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