Business News

Crude Oil Hovers Near $106

Crude oil prices held near $106 a barrel Wednesday as the dollar index moved higher, gaining 0.1 percent to 79.20. The index that measures the dollar against six major currencies has an inverse effect on the price of commodities that are traded in U.S....

Japan and US in Talks To Import Natural Gas

The government has asked the U.S. government to grant permission for the export of liquefied natural gas (LNG) produced in the United States to Japan, according to sources. The government is trying to diversify energy supply sources to cope with shortfalls in energy supply after the shutdowns of

Manufacturing Key to Ohio's Recovery

The United States must develop a coordinated national strategy to strengthen manufacturing, a slowly recovering but vital segment of Ohio's economy, or risk decline and being overtaken by other nations, according to a new report from the Brookings Institution....

Gingrich Assails Obama on Oil

Republican presidential hopeful Newt Gingrich Tuesday called President Barack Obama's energy policy "outrageously anti-American." Gingrich said Obama want to see the price of a gallon of gasoline rise to the European level of $9 or $10. "His policy has been outrageously anti-American energy," the former U.S....

Switzerland To Curb Bank Business With Tax Evaders

The Swiss government on Wednesday outlined a new "clean money strategy," which will make it harder for banks to accept money from foreign tax evaders. Switzerland is currently involved in disputes over tax evasion with several countries, including the United States and Germany....
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