Word: risinger
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Storage tankers across the globe may be brimming with oil that no one is buying because of the global economic downturn, but the traditional laws of supply and demand don't always apply to oil prices. Drivers have faced rising prices at the gas pump in recent months, as investors...
The 12 member countries of the OPEC cartel voted in Vienna on Thursday to maintain output at current levels rather than increase supplies in order to bring some relief to consumers, particularly in the gas-guzzling West. The OPEC oil ministers, whose countries account for about 40% of the world...
With unemployment rising and house prices continuing to fall, Wells' unpleasant earnings news could persist past the end of the year. Bank examiners in the recent government stress tests estimated that Wells Fargo will have as much as $86 billion in loans that go unpaid over the next two years...
In the end, money will do the talking, and Germany's deep pockets give the nation plenty of clout. But around Europe, anger is rising that German politicians are playing a deadly game of poker with GM for which others might end up paying the price. "We cannot get into...
• Joined the Manhattan district attorney's office, where from 1979 to 1984 she prosecuted cases involving robberies, assaults and other crimes. Later spent eight years at the law firm Pavia & Harcourt, specializing in intellectual property and rising to partner.