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BP Posts 83% Rise in 3rd-Quarter Profits

British oil company BP PLC reported a huge 83-percent rise in third-quarter net profit Tuesday on the back of surging energy prices between July and [...] read more »
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Wall Street keeps dropping

U.S. stocks slumped Monday morning, joining the global market selloff as investors continued to retreat amid bets of a far-reaching recession. read more »
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Global Markets Shudder Amid Concerns Over Currency

Stock markets shuddered Monday in Europe and Asia, with Japanese stocks falling to their lowest level since 1982, as the sell-off that has erased mor[...] read more »
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It Costs More to Save

Eco-elitism comes with a price tag. That dress made of leaves and flowers will be dead by morning. read more »
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Throwing the bathroom sink at the economy

As stocks plunge around the world, talk of radical solutions to fix the economy swirl. But it may be too late to undo the damage done by the credit c[...] read more »
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Rare elements key to green technology

Examines the constraints that the scarcity of rare earth elements (REEs), which are essential to green technologies, might place on green tech develo[...] read more »
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Senators Press for Action to Stem Foreclosures

Senators prodded government officials involved in the bank-rescue plan to do more to help struggling homeowners avoid foreclosure and expressed impat[...] read more »
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Global recession: A soft landing for low-carbon industry?

The fledgling climate-change sector faces its first economic recession. David Metcalfe from research firm Verdantix predicts that some firms will hit[...] read more »
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Wachovia Reports $23.9 Billion Loss for Third Quarter

The Wachovia Corporation announced a $23.9 billion third-quarter loss on Wednesday as it prepared to be taken over by Wells Fargo. read more »
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SC jobless rate down in Sept. as seekers give up

A month after state unemployment reached a 15-year high, South Carolina's jobless rate dropped slightly in September, but the reason for the drop wa[...] read more »
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A review of the new Frontline documentary on big business and climate change

A review of the new Frontline documentary on big business and climate change. read more »
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Bush Open to `Good Ideas' to Stimulate Economy, Perino Says

The Bush administration ``remains open to listening to all good ideas'' from Congress on an economic stimulus package, though it isn't planning to[...] read more »
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Europe Stocks Gain on Earnings, Oil; Ericsson, Shell, ING Climb

European stocks rose after Ericsson AB reported better-than-estimated earnings, higher oil boosted energy shares and the Netherlands stepped up effor[...] read more »
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Bob Metcalfe cheers global warming bubble

Self-described "Internet tycoon" and venture capitalist Bob Metcalfe said that the world can solve global warming by transferring Silicon Valley-st[...] read more »
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Iceland to announce $6bn IMF-led rescue

The International Monetary Fund (IMF) is headlining a $6bn package to rescue Iceland's floundering economy and banking system. Am wondering whether [...] read more »
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