Energy
Corn falls after farmers catch up on planting
The price of corn fell after U.S. farmers planted record amounts of corn last week, easing concern that earlier planting delays would harm this year's crop. Corn for July delivery dropped 9.5 cents, or 1.5 percent, to $6.40 a bushel. The U.S. Department of Agriculture said late Monday that 71 ...
Corn falls after farmers catch up on planting
The price of corn fell after U.S. farmers planted record amounts of corn last week, easing concern that earlier planting delays would harm this year's crop. Corn for July delivery dropped 9.5 cents, or 1.5 percent, to $6.40 a bushel. The U.S. Department of Agriculture said late Monday that 71 ...
Moniz: LNG exports on hold until data reviewed
Energy Secretary Ernest Moniz said Tuesday he will delay final decisions on about 20 applications to export liquefied natural gas until he reviews studies by the Energy Department and others on what impact the exports would have on domestic natural gas supplies and prices. Moniz, who was sworn in Tuesday ...
Oil slips as traders wait for Fed, supply data
The price of oil fell Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. Benchmark crude for June delivery dropped 55 cents to $96.16 a barrel on the New York Mercantile Exchange. On Wednesday, Fed chairman Ben Bernanke will appear before Congress and the central ...
Plans for natural gas power plant at Kalama stall
Plans for a $400 million natural gas-fueled power plant at Kalama are on hold after one of the partners dropped out of the project. Energy Northwest says it's looking for another company to replace Canada-based Veresen, which withdrew last month due to market conditions. The Daily News reports (http://bit.ly/10MepAQ) the ...
Kohler ordered to pay $9.6 million in patent suit
The Kohler Co. has been ordered in federal court to pay $9.6 million to a Massachusetts manufacturer for infringing on two of its patents for components that reduce exhaust emissions in marine generators. Jurors in U.S. District Court in Boston last week found Kohler willfully infringed on the patents issued ...
Oil price down to near $96 as traders wait for Fed
The price of oil fell to near $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. By early afternoon in Europe, benchmark crude for June delivery was down 60 cents to $96.11 a barrel in electronic trading on the New York Mercantile ...
Expert: Summer gas costs likely lower than 2012
A Purdue University economist says he expects this summer's gasoline prices to be lower than last year. Energy economics specialist Wally Tyner projects that prices in the Midwest will be between $3.50 and $3.90 a gallon, with prices in the South and Southeast between $3.15 and $3.55. He doesn't expect ...
Business Highlights
___ Yahoo takes big leap with $1.1 billion deal for Tumblr SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. The deal announced Monday is Mayer's boldest move since ...
Gold breaks a losing streak; other metals rise
The price of gold rose Monday for the first time in nearly two weeks. Gold for June delivery rose $19.40 to settle at $1,384.10 an ounce Monday, an increase of 1.4 percent. It was the first gain since May 8. The price of gold has been falling since last autumn. ...
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