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BP parries with Halliburton over recovery costs for Gulf oil spillBritish oil giant BP wants a US judge to force Halliburton to pay all recovery costs stemming from 2010 Gulf oil spill. In a filing Monday, it aims to rebuff assertion that Halliburton bears no liability.
Stock market's Happy New Year: Dow up 179The Dow rose 179 points to close at 12397 on the first day of trading in 2012.
Oil prices: What happens if Iran shuts down the Strait of Hormuz?About 35 percent of the world’s seaborne traded oil moved through the Strait of Hormuz in 2011. Energy analysts don’t doubt that Iran could disrupt the flow of oil in the strait if it wants to.
Six steps to choosing the best refrigerator If you’ve had the pleasure of purchasing an appliance within the last 10 years you’re probably aware that things are not as simple as they once used to be. While technology has made many things in our lives easier, choosing the best refrigerator among hundreds of similar models isn’t one of them. Family size and lifestyle are only a few of the factors that influence a purchase. That said, armed with the right information and knowing what questions to ask can ease the process of finding the best refrigerator:
In business, more money is not always a good thingBy taking large amounts of money from investors, you give up some control over your business. A better strategy is to only raise money when you truly need it.
Starbucks price hike: 10 cents more for 'tall' in New York – but not L.A.Starbucks says rising costs for coffee and fuel mean it must increase the price for some of its 'tall' coffee cups. But the Starbucks price hike is not uniform across the country.
Predicted 2012 Democratic ticket: Obama-ClintonFor the 2012 election, Joe Biden and Hillary Clinton will switch places. He will become Secretary of State–a position he's coveted for years–and she will become the party's Vice Presidential candidate, reinvigorating the Democratic base.
Honda hybrid lawsuit: Are new mileage labels misleading?Honda hybrid promised 50 miles per gallon. But as batteries age, the true mileage drops. A new lawsuit argues that that makes Honda hybrid labels misleading?
Will Apple block the new Steve Jobs action figure?A Chinese company is promoting a Steve Jobs action figure but past directives by Apple to shut down similar products suggests it is unlikely the Steve Jobs action figure will make it to US stores.
Minimum wage worker once made $31/hour. Now grateful for $7.64.Minimum wage in Colorado rises 28 cents in 2012, helping an estimated 74,000 workers. Minimum wage hike 'makes huge difference,' says former financial analyst.
November construction spending shows weak expansionResidential spending increased 2.01 percent from October but remained 63.97 percent below the peak level seen in 2006
Workers dropping out of the work force for school: Bad sign for the economyMore and more people are dropping out of the labor force in favor of further education. But they're doing it because they think they have to.
Forecast for 2012: recession, but not a Great RecessionRecession will last the year, but it will be shorter and much shallower than the Great Recession.
Minimum wage tops $10 an hour in San FranciscoMinimum wage of $10.24 took effect with new year. San Francisco has highest minimum wage in the nation.
Stock market in India to open to foreignersStock market will allow foreigners to invest directly in individual stocks starting Jan. 15. The move is intended to reduce stock market volatility.
Technology 2012: Four tech trends to watch Technological innovations lay at the heart of many of last year's biggest stories -- from citizen-recorded videos that fanned the flames of the Arab Spring to the social-media organized Occupy movement. So what new technologies – and unexpected uses of them – will change social habits and relationships this year? Here are four 2012 technology trends that are sure to play a role:
