By SANDY SHOREAP Business Writer
Prices for industrial metals surged Tuesday after U.S. factory orders improved slightly in May, raising hopes for stronger demand in the months ahead.
Other commodity prices also rose because of investor expectations that
MSNBC.COM - The
United States has quietly moved significant military reinforcements
into the Persian Gulf to deter the Iranian military from any possible
attempt to shut the Strait of Hormuz and to increase the number of
fighter jets capable of striking deep into Iran if the standoff over its
By CHRIS KAHNAP Energy Writer
NEW YORK (AP) - Renewed tensions between Iran and the West pushed oil its highest level in more than a month.
Iran is again threatening to block a critical Persian Gulf shipping route in response to a European embargo of Iranian
By EMERY P. DALESIOAP Business Writer
RALEIGH, N.C. (AP) - Duke Energy Corp. and Progress Energy Inc. said Tuesday they had completed their merger now valued at about $32 billion to form the nation's largest electric company. But the normally routine event came with a twist
By CHRISTINA REXRODEAP Business Writer
NEW YORK (AP) - Stocks climbed Tuesday in an abbreviated holiday trading session after an encouraging report about manufacturing. Energy stocks rose the most because of increased tension over oil-rich Iran.
By ANGELA CHARLTONAssociated Press
PARIS (AP) - French authorities filed preliminary terrorism charges Tuesday against a Tunisian administrator of an extremist French website who is suspected of playing a key role in financing and recruiting for al-Qaida and other violent groups
By ROBERT BURNSAP National Security Writer
WASHINGTON (AP) - The Obama administration is moving toward decisions that would further cut the number of U.S. nuclear weapons, possibly to between 1,000 and 1,100, reflecting new thinking on the role of nuclear weapons in an age of
By PABLO GORONDIAssociated Press
The price of oil jumped to near $86 a barrel on Tuesday as markets weighed the effects of sanctions against Iran and the possibility that Tehran could block a key Middle East shipping route.
By early afternoon in Europe,
By JOSH LEDERMANAssociated Press
WASHINGTON (AP) - Mitt Romney is planning a trip to Israel this summer, an aide to the likely GOP nominee said Monday.
Details about exactly when and where Romney will visit were not immediately available, and the aide spoke on
By RON DePASQUALEAssociated Press
UNITED NATIONS (AP) - North Korea continues to violate U.N. sanctions by attempting to ship arms to Syria and Myanmar and illegally importing luxury goods, according to a long-awaited report by a U.N. experts panel.