Tag: business
Presidential debate arrives where roots of financial crisis can be traced
When President Barack Obama and Republican challenger Mitt Romney debate Monday night in Boca Raton, they'll be doing so, almost literally, in the shadow of the housing crisis and economic collapse. While the topic of the debate is foreign policy, Boca is where the financial products that built up the housing bubble were conceived....
Powder River Basin coal companies eyeing Asian markets
With U.S. demand for coal at decades-low levels, mining companies are turning elsewhere for places to sell their products. In most cases, that means the booming economies of Asia — and long trips on container ships....
Kenya trying to wrestle with pollution damaging economically important lake
In Kenya's Rift Valley, Lake Naivasha drives the economy. It's a draw for wildlife, tourists, business -- and pollution, which is imperiling all the rest. But a series of partnerships have cleaned up the lake and got it back on track....
Lance Armstrong loses sponsors, cuts ties with charity in wake of steroid scandal
A report out last week documented pages and pages of evidence that concludes Lance Armstrong was at the center of a doping ring. On Wednesday, Armstrong began to lose sponsors and announced he would resign as chairman of the very charity he founded....
Preservationists worry economic growth may endanger Myanmar's historic buildings
Because of Myanmar's economic stagnation over the past decades, very little development has taken place -- which has allowed the country's historic colonial buildings to endure. But as the country loosens up, some preservationists are worried it may lead to destruction of relatively rundown, but still historic, buildings....
New project seeks to develop dormant volcano into power source
A project in Oregon seeks to turn a long-dormant volcano into a source of power for as many as a million people. It would involve pumping water deep into the water, where the geothermal activity would turn that water into steam to spin turbines — without producing CO2....
Want a Warhol for your wall? Go to Costco
There's a movement afoot to bring art -- real art -- to the masses. Costco, though its website, is selling Warhols and Matisses, and that's just the beginning. Art dealer Greg Moors says fine art is becoming more broadly available, in place of tacky prints....
Unemployment in September drops below symbolic floor of 8 percent
Unemployment fell to 7.8 percent in September after the economy added 114,000 jobs and total employment increased 873,000. In addition, the labor department revised upward previous months' employment reports....
French study raises questions about health effects of genetically modified corn
A group of French scientists are raising questions about the safety of genetically modified corn. The scientists say, specifically, that Roundup Ready corn causes tumors in rats, and therefore isn't safe in humans -- a claim wholly rejected by Roundup producer Monsanto....
Guangdong Communist Party leader angling for Chinese Politburo spot
The Chinese government finally announced when its Party Congress would take place, the event where its leadership turns over and a new generation steps up. Among those competing for a top spot is Wang Yang, a top party leader in Guangdong province....
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