VANCOUVER/ TORONTO, March 9- Private equity firms are going underground. In the past, they have largely shunned mining acquisitions, as the volatility of commodities prices and cash flow made it difficult to structure leveraged deals.» Read More
PORTLAND, Maine-- Three public worker unions have been allowed to join a lawsuit against the Maine Public Employees Retirement System over the elimination of cost-of-living adjustments.
The Tennessee Department of Economic and Community Development announced Tennessee Galvanizing will put $2.3 million into building a new centrifuge process and adding warehouse space.
DALLAS-- American Airlines and its pilots' union have agreed to resume stalled contract negotiations. Thomas Horton, CEO of American parent AMR Corp., which is operating under bankruptcy protection, said Tuesday he was pleased that "intensive bargaining" was scheduled to begin this week.
Hurdler Lolo Jones trash-talked about head injuries to former Rutgers football player Eric LeGrand after he jokingly challenged her to a race on Twitter. What she didn't know was the defensive tackle was paralyzed in a game. After LeGrand tweeted to Jones "want to race me?"
ROME-- Financial police raided the Italian football federation and Napoli club offices Wednesday to seize documents involving the buying and selling of players and relations with agents. The federation said police confiscated contracts, agent relations and other documents involving Napoli players, without citing names of the players involved.
OBERHOFEN, Switzerland-- The International Ski Federation says organizers have cancelled a Snowboard World Cup scheduled at Stockholm on Nov. 17 "due to economical reasons." Snowboarders start earning points at World Cups this season to qualify for the Sochi Winter Olympics in February 2014.
THE HAGUE, Netherlands-- Prosecutors in the Netherlands are asking judges to confiscate just over 1 million in profits made by a businessman from selling chemicals to Saddam Hussein that the Iraqi dictator turned into poison gas. A Dutch court convicted Frans van Anraat of war crimes in 2005. He is serving a 16 1/ 2- year prison sentence.
The Nasdaq is cancelling some trades of Kraft Foods Group Inc. following an unusual spike after the market opened. Kraft's shares opened at $45.55 Wednesday before surging to $58.54. The issue comes only days after Kraft Foods and former Kraft snack business Mondelez International began trading as two separate companies.
HONG KONG-- The company that owns the ferry involved in one of Hong Kong's deadliest accidents in decades said Wednesday it passed an inspection just last month, though authorities have offered no explanation about how two boats collided on a clear night in one of the safest and most regulated waterways in Asia.
NAIROBI, Kenya-- Doctors in Kenya's public hospitals on Wednesday spent their 17th day on strike to protest the dilapidated state of public health care. Emergency rooms in some of Kenya's public hospitals frequently don't have gloves or medicine, and power outages sometimes force doctors to use the light from their phones to complete a procedure.
SAN FRANCISCO-- Dozens of weight loss and immune system supplements on the market are illegally labeled and lack the recommended scientific evidence to back up their purported health claims, government investigators warn in a new review of the $20 billion supplement industry.
A new study may reassure some women considering short-term use of hormones to relieve hot flashes and other menopause symptoms. JoAnn Manson, preventive medicine chief at Brigham and Women's Hospital in Boston. She was a study leader and will discuss results Wednesday at a conference of the North American Menopause Society in Orlando, Fla..
COLUMBUS, Ohio-- For decades, one tiny county in the rolling hills of Ohio's rural reaches was a depressed farm community saddled with double-digit unemployment. Now, Carroll County boasts more active oil and gas wells than any other in the state, and the tax dollars are flowing right along with the crude and natural gas.
_ ALASKA: Governor's proposed oil tax cuts failed to gain approval. _ FLORIDA: Oil production taxes reduced to offset technological costs of extraction. _ IDAHO: Replaced an existing oil tax with a 2.5 percent conservation tax on the market value of all oil and gas produced.
The U.S. Labor Department will release employment data for September on Friday. Markets in mainland China and South Korea were closed for public holidays. "Holidays in China and hesitancy ahead of Friday's US jobs report will keep market activity restrained today," analysts at Credit Agricole CIB in Hong Kong said in a report.
SAN FRANCISCO-- Oracle CEO Larry Ellison envisions his recently acquired Hawaiian island becoming a "little laboratory" for experimenting with more environmentally sound ways to live. Ellison's ambitions include converting sea water into fresh water on the 141- square-mile island of Lanai.
The ADB said growth in developing Asia, which includes giant emerging economies such as India, China and Indonesia, will slow to 6.1 percent this year from 7.2 percent last year and only partly rebound to 6.7 percent in 2013. It had previously forecast growth of 6.9 percent for 2012 and 7.3 percent for 2013. The forecasts don't include Japan, an advanced economy.