By SANDY SHOREAP Business Writer
The price of orange juice surged Tuesday as balmy weather in Florida failed to quell concern about an expected winter freeze that could damage the state's orange crop.
Frozen orange juice concentrate for January delivery rose 4.95 cents, or 4.2 percent, to
By the Associated Press
JUMPING JUICE: Orange juice futures surged 4.2 percent after a government agency predicted last month that Florida's winter would be colder than normal. Traders are speculating that a freeze could hurt crops and cut into supplies.
OIL EASES: The price of oil fell 2.8
By The Associated Press
Orange juice futures are surging. Balmy weather in Florida hasn't quelled speculation that a winter freeze could hurt the crops.
The price for frozen orange juice concentrate rose 4.2 percent Tuesday to finish at $1.22 per pound.
The government has predicted Florida
By PETER JAMES SPIELMANNAssociated Press
UNITED NATIONS (AP) - The U.N. Security Council is silent on Israel's offensive in the Gaza Strip. A draft press statement circulated to the 15 members' capitals overnight seems to have failed to win the unanimous approval that would have led to
NEW YORK (AP) - The price of oil fell sharply Tuesday on signs that Israel and Hamas are close to putting a halt to fighting that has lasted nearly a week.
Benchmark crude finished almost 3 percent lower as a diplomatic push to end Israel's offensive in the Gaza Strip gained momentum. Egypt
CAIRO (AP) - Egyptian president Mohammed Morsi says Israel's "aggression" against Gaza will end Tuesday. Speaking to reporters Tuesday in the Nile Delta city of Zagazig, Morsi did not provide any evidence to support his prediction that an end to Israel's weeklong offensive
By JULIE PACEAssociated Press
PHNOM PENH, Cambodia (AP) - President Barack Obama dispatched Secretary of State Hillary Rodham Clinton to the Middle East on Tuesday as the U.S. urgently seeks to end a conflict between Israel and Hamas that has killed more than 100 in the last week.
By IBRAHIM BARZAK and RAVI NESSMANAssociated Press
JERUSALEM (AP) - A diplomatic push to end Israel's nearly weeklong offensive in the Gaza Strip gained momentum Tuesday, with Egypt's president predicting that airstrikes would soon end, the U.S. secretary of state racing to the region
By PABLO GORONDIAssociated Press
The price of oil eased to below $89 a barrel on Tuesday as expectations of rising crude supplies pulled attention away from the conflict between Israel and the Palestinians.
By early afternoon in Europe, benchmark crude for December delivery was down 50 cents to
By SARAH DiLORENZOAP Business Writer
PARIS (AP) - Hopes that Greece will get its next batch of bailout cash to avoid bankruptcy helped shore up markets Tuesday despite a downgrade of France's credit rating.
Finance ministers from the euro countries are meeting in Brussels and the