Obama skirts Congress for summer-jobs initiative

by -NO AUTHOR- -- (THE HILL) — President Obama on Thursday will unveil a summer-jobs initiative that the White House says is already on track to create 180,000 “work opportunities” in the more…

U.S. shale gas frenzy heats up

by -NO AUTHOR- -- (TELEGRAPH) — Total, France's biggest oil and gas company, will pay $2.32bn (£1.5bn) for a 25pc stake in a shale deposit in the east of Ohio. Meanwhile, Sinopec, more…

Staggering oil, gas boom projected for U.S.

by -NO AUTHOR- -- (FINANCIAL TIMES ADVISER) — The manager of the £88.5m Ignis American Growth fund made the claim in a forecast statement for 2012, in which he cites seven factors more…

BofA settlement funds go to 'community organizers'

by -NO AUTHOR- -- (NEWS.INVESTORS) — Bank of America (BAC) must turn over excess funds from a record $335 million discrimination fine to community organizing groups. Critics say it's a "political backdoor" more…

5 Macy's, 4 Bloomingdale's to close

by -NO AUTHOR- -- Macy's Inc. says it will close five Macy's and four Bloomingdale's stores that are underperforming. Clearance sales will begin at the stores Sunday and run for 10 weeks. more…

Wikipedia fundraiser yields record $20 million

by -NO AUTHOR- -- There's something kind of heartwarming about the annual Wikipedia fundraiser, which came to a close Jan. 1. Each year, the world's fifth-most popular Web property asks its monthly more…

Gasoline prices start 2012 with 6-cent rise

by Felicia Dionisio -- Gasoline prices aren’t starting off on the right foot in 2012. The average price of gasoline in Houston rose to $3.12, up 6 cents from the week before, more…

Solar ATMs fuel rural revolution in India

by -NO AUTHOR- -- An Indian start-up is catalysing a quiet revolution by designing, developing and installing unique solar-powered ATMs in rural areas. The initial lot of 400 solar ATMs, aptly called more…