Mitt Romney is best equipped to solve the problems facing our nations, says Sen. Tom Coburn, M.D., (R-OK), discussing why he is backing Romney.» Read More
*OPEC sees oil demand downside risk, rising supply. SINGAPORE, March 13- Brent futures held steady above $109 a barrel on Wednesday on expectations of steady growth in global oil consumption, with a surprise fall in stockpiles in the world's top oil consumer, the United States, providing additional support.
*Disney takes gamble with new Oz film. LONDON, March 7- The entertainment industry has long viewed The Land of Oz as a road paved with gold, and two major new movie projects will test the public's appetite for yet more spin-offs from L. Frank Baum's novel published 113 years ago.
LONDON, March 6- Brent crude oil steadied above $111 per barrel on Wednesday, supported by buoyant stock markets which gained on positive economic news from the United States. "Oil is in a' wait and see' mode for the economic data to confirm the really good numbers we had," said Harry Tchilinguirian, oil strategist at BNP Paribas in London.
WASHINGTON, March 6- Washington and its suburbs face what could be their heaviest snowfall in two years on Wednesday, as a fierce storm headed east after blanketing the Midwestern United States, snarling traffic and causing hundreds of flight cancellations.
SINGAPORE, March 6- Brent futures rose towards $112 a barrel on Wednesday, tracking a rally in equity markets and expectations of a revival in demand growth following positive economic data from the United States and China.
SINGAPORE, March 6- Brent futures rose towards $112 a barrel on Wednesday, tracking the surge in equity markets and expectations of a revival in demand growth following positive data from the United States and China, two of the world's top oil consumers.
CHICAGO, March 5- Washington was due to be hit by heavy, wet snow on Wednesday as a fierce snowstorm headed east after blanketing the Midwestern United States, snarling traffic and causing hundreds of flight cancellations.
SEOUL, March 6- U.S. crude futures stayed close to $91 a barrel on Wednesday on optimism over Chinese oil demand, record-high U.S. equities and North Sea supply disruptions, though a higher than expected U.S. crude inventory build capped prices.
*China aims for 7.5 pct growth in 2013, same as 2012 target. NEW YORK, March 5- Brent crude broke a five-day losing streak on Tuesday, rising by more than 1 percent toward $112 a barrel on optimism over Chinese oil demand, record-high U.S. equities and North Sea supply disruptions. Brent crude futures rose $1.52 per barrel to settle at $111.61.
CHICAGO, March 1- Light snow fell in much of the drought-stricken U.S. Keeney said the heaviest snowfall would occur in west central Nebraska, northwest Kansas and eastern Colorado but the rain would extend into the southern Plains areas including Okahoma and Texas.
WASHINGTON, Feb 28- When the mayor of Baltimore, Maryland, talks about the federal spending cuts set to begin on Friday, she does not mention appropriations committees, line items or revenue rates. We have made Baltimore a safer city, but we're not where we need to be and this isn't the time to pull the rug out from under us. "
NEW YORK, Feb 27- Brent crude oil prices fell to a four-week low beneath $112 a barrel on Wednesday as the sixth straight weekly rise in U.S. crude oil stockpiles and a sharp slide in gasoline prices added to concerns about faltering demand.
*Iran, powers agree to further nuclear talks in Istanbul. Inventories of crude oil in the United States rose by 1.1 million barrels in the week to Feb. 22, the Energy Information Administration said in its weekly report. Brent crude shed 9 cents to $112.62 a barrel by 12:25 p.m. EST, earlier hitting a low of $112.23, its weakest point since Jan. 23.
A subsidiary of Buffett's Berkshire Hathaway, BH Media Group, said on Monday that it bought the 95,000 daily circulation Tuls time in Tulsa, Oklahoma- as he scours the United States for papers in small, community-focused markets.
Kansas bore the brunt of the storm, with up to 15 inches of snow in some parts of the state, according to the National Weather Service. A 200- mile stretch of Interstate 70 in central Kansas was closed and strewn with cars stuck in snow.
Winter storm warnings and advisories were in place for much of the central and southern Plains and into the upper Midwest and Mississippi River Valley as the storm moved east, packing snow, sleet and freezing rain, the National Weather Service said.
Feb 21- Chesapeake Energy Corp reported fourth-quarter profit that topped Wall Street estimates on Thursday, helped by lower-than-expected expenses and more profitable oil production. Phil Weiss, an analyst with Argus Research, said expenses in a number of areas came in below his projections while cash flow was higher than he anticipated.
Feb 21- Here are some key events in the history of Flowers Foods, a company that has grown through acquisitions to become the second-largest baking company in the United States. *1919- Flowers Baking Co founded by brothers William Howard Flowers and Joseph Hampton Flowers in Thomasville, Georgia. Flowers Bakery becomes Flowers Industries.
Feb 21- Chesapeake Energy Corp reported a quarterly profit that topped Wall Street views on Thursday, helped in part by lower-than-expected expenses. The Oklahoma City, Oklahoma, company posted a profit of $257 million, or 39 cents per share, in the fourth quarter, compared with $429 million, or 63 cents per share, in the same period a year earlier.
The Oklahoma City, Oklahoma, company posted a profit of $257 million, or 39 cents per share, in the fourth quarter, compared with $429 million, or 63 cents per share, in the same period a year earlier.