East Coast cities are upgrading their ports to attract larger ships going through an expanded Panama Canal. But there's some doubt it will pay off.» Read More
*EIA sees 2012 gas output at record-high 68.85 bcfd* 2012 gas demand seen up 4.7 pct from 2011. NEW YORK, Oct 10- The U.S. Energy Information Administration said it expects domestic natural gas production in 2012 to be up nearly 4 percent from 2011' s record levels.
NEW YORK-- Wal-Mart Stores Inc. executives are expected to brief Wall Street analysts Wednesday on topics ranging from the retailer's plans to expand its small stores to its strategies for improving profitability in its overseas business.
NEW YORK-- Wal-Mart Stores Inc. executives are expected to brief investors Wednesday on topics ranging from the retailer's plans to expand its small stores to its strategies for improving profitability in its overseas business.
Shares of Endeavour Silver Corp. fell Tuesday after the silver miner said that an "illegal work stoppage" was blocking access to some mines in Mexico.
FORT WORTH, Texas-- Less than two weeks after announcing plans to slash its operations in Mexico, Cash America is adding new pawn shops in the U.S. The Fort Worth, Texas, company said Tuesday that it has signed two deals for 34 locations, in Tennessee, North Carolina, Kentucky and Arizona, for $68 million to $72 million.
HONG KONG, Oct 9- Nobel laureate Shinya Yamanaka warned patients on Tuesday about unproven "stem cell therapies" offered at clinics and hospitals in a growing number of countries, saying they were highly risky.
DES MOINES, Iowa-- Principal Financial Group Inc. said Monday that it is buying AFP Cuprum S.A., a pension manager in Chile, for roughly $1.51 billion. Principal Financial said the deal will add to its existing business in Brazil, Chile and Mexico, to give the company an even larger presence in those emerging markets.
SEATTLE-- Alaska Airlines operations slowly were returning to normal Monday afternoon after a fiber-optic outage shut down its ticketing system for five hours, cancelling flights in Seattle and Los Angeles and causing delays across the airline's 64- airport network.
SEATTLE-- Alaska Airlines has fixed the computer problem that delayed flights Monday across its 64- airport network on the West Coast and in Mexico and Canada, and operations slowly were returning to normal. Alaska Airlines said the data connection was restored before 1 p.m. but passengers could still expect some delays as the system adjusted.
SEATTLE-- Alaska Airlines says its computer connections have been restored, and operations are returning to normal at its airport gates. The problem started just before 8 a.m. Monday when the airline lost its connection to the Sabre reservation system because of two cut Sprint fiber optic lines.
The failure has caused delays at the Seattle- based airline's entire network of 64 destinations, which also includes airports in Alaska, Mexico and Canada. Alaska Airlines has an average of 436 flights a day.
DETROIT, Oct 8- Chrysler will introduce on Friday a new set of television commercials to promote the rollout of its redesigned primary pickup truck, the Ram Truck 1500, which appears at U.S. dealerships this month.
Citi Research analyst P.J. Juvekar said that could lead to more U.S. natural gas being exported to Mexico. Natural gas futures fell 2 cents to $3.38 per 1,000 cubic feet in morning trading Monday. That could affect North American producers like CF Industries Holdings Inc. and Agrium Inc..
Oct 5- Newfield Exploration Co:. *Closes on sale of Gulf of Mexico assets. related to storms in Gulf of Mexico.
MEXICO CITY-- Mexico's state-owned oil company reports it has found possible reserves of as much as 125 million barrels of oil at a deep-water well in the Gulf of Mexico. It notes that if proven, that would double Mexico's current proven reserves. President Felipe Calderon announced the discovery Friday.
NEW YORK-- U.S. shares of Primero Mining Corp. surged more than 30 percent Friday after the company got a favorable tax ruling from Mexican authorities.
GUATEMALA CITY-- At least six people were killed and 30 were shot in a clash between security forces and protesters opposed to high energy prices in Guatemala. "Thirty people arrived to the hospital with shot wounds and another four were intoxicated with tear gas," said Deputy Health Minister Marco Vinicio Arevalo.
Oct 5- Mexico has increased the size of a catastrophe bond issued by MultiCat Mexico Ltd to protect the country in the event of earthquakes and hurricanes during marketing, while reducing pricing from the original guidance due to strong investor demand.
SAN DIEGO-- PriceSmart Inc. said Monday that a key revenue measurement grew 10 percent in September. The company has five warehouse clubs in Costa Rica, four in Panama, four in Trinidad, and others in Guatemala, the Dominican Republic, El Salvador, Honduras, Aruba, Barbados, Colombia, Jamaica, Nicaragua, and the U.S. Virgin Islands.
NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. RUSSELL PRICE, SENIOR ECONOMIST, AMERIPRISE FINANCIAL, DETROIT. ECONOMIST, RBC CAPITAL MARKETS, NEW YORK.