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Business News: Most Recommended
Last update: 258 days, 6 hours ago
 
London summit tackles 'tsunami' of rising food prices
22 Apr 08, 22:50 ET
AFP - The world faces a "silent tsunami" of soaring food prices and more must be done to help secure future supply, the UN food agency said Tuesday as experts gathered in London for a special summit on the problem.
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Alaska rejects final Exxon plan for giant gas field
22 Apr 08, 19:45 ET
Reuters - Alaska on Tuesday rejected Exxon Mobil Corp's latest plan for the giant Point Thomson natural gas field on the North Slope despite industry warnings of another lengthy setback to development of an Alaska gas pipeline.
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Oil: How High from Here?
22 Apr 08, 08:08 ET
BusinessWeek Online - The news from the trading pits is, well, no news at all: Oil prices are again breaking records. On Apr. 21, the price of a barrel of the benchmark West Texas Intermediate crude for May delivery hit $117.76 on the New York Mercantile Exchange -- an all-time high -- before settling at $117.46. Oil prices are up 23% so far this year, and 16% in April alone.
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With gas hitting record highs, drivers feeling squeezed
22 Apr 08, 05:57 ET
AP - Cabbies here complain their take-home pay is thinner than it used to be. Trucking companies across the country are making drivers slow down to conserve fuel. Filling station owners plead that really, really, the skyrocketing prices aren't their fault.
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Source: Wall Street Journal managing editor stepping down
22 Apr 08, 00:41 ET
AP - The top editor of The Wall Street Journal is planning to step down after less than a year on the job and four months after the paper was taken over by Rupert Murdoch's News Corp., according to a person familiar with the situation.
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