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WHY IT MATTERS: The environment

Submitted by Fox First at Ten on October 23rd

By MATTHEW DALYAssociated Press The issue: Everyone wants clean air and water. But people also want to drive their cars whenever they want and light up a room by flipping a switch. It's a never-ending balancing act for government as it tries to protect health and the environment while

WHY IT MATTERS: An election of tipping points

Submitted by Fox First at Ten on October 23rd

By CALVIN WOODWARDAssociated Press WASHINGTON (AP) - Election Day could well determine how much you end up paying in taxes. It could move the bar for fighting future wars. On energy, it could shape the balance between drill-baby-drill (and mine-baby-mine) and some big pollution controls. If you

WHY IT MATTERS: An election of tipping points

Submitted by Fox First at Ten on October 23rd

Paper maker Stora Enso in $104 million Q3 profit

Submitted by Fox First at Ten on October 23rd

HELSINKI (AP) - Nordic paper maker Stora Enso Oyj reported Tuesday a third-quarter net profit of €80 million ($104 million) but says it will slash 520 jobs to save €36 million annually. The company had a net loss of €50 million in the same period last year, when it recorded a nonrecurring cost of €

Business Highlights

Submitted by Fox First at Ten on October 22nd

By The Associated Press ___ Russia's Rosneft buys out TNK-BP MOSCOW (AP) - Russian state-owned oil giant Rosneft strengthened its hold on the country's lucrative oil industry when it sealed a deal Monday to buy TNK-BP, the 50-50 joint venture between BP, the British energy country, and

Coal miner Peabody 3rd-qtr profit plunges 84 pct

Submitted by Fox First at Ten on October 22nd

By JIM SUHRAssociated Press ST. LOUIS (AP) - Coal miner Peabody Energy Corp. said Monday its third-quarter profit plummeted 84 percent, but the company sees the global coal market stabilizing after being battered for months by competition from cheaper natural gas and lower coal pricing. Despite

Without buyer, Dominion to close Wis. power plant

Submitted by Fox First at Ten on October 22nd

By MICHAEL FELBERBAUMAP Business Writer RICHMOND, Va. (AP) - Dominion Resources Inc. said Monday that it plans to close and decommission its Kewaunee Power Station in Wisconsin after it was unable to find a buyer for the nuclear power plant. It would be the first such closure since 1998,

Germany's Siemens to give up solar energy business

Submitted by Fox First at Ten on October 22nd

BERLIN (AP) - Siemens AG announced plans to give up its loss-making solar business and concentrate its renewable energy business on wind and hydroelectric power. The German industrial conglomerate, whose products range from trains to turbines, said Monday it's in talks with possible buyers, but

Philips Q3 earnings rise, growth economies help

Submitted by Fox First at Ten on October 22nd

By TOBY STERLINGAssociated Press AMSTERDAM (AP) - Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, saw earnings more than double in the third quarter, thanks to modest growth at all its business lines as well as the disposal of its loss-

'Little czar' in Ohio school drug ring gets prison

Submitted by Fox First at Ten on October 22nd

By AMANDA LEE MYERSAssociated Press LEBANON, Ohio (AP) - A teenager convicted of selling up to $20,000 worth of high-grade marijuana a month to high school students in southwestern Ohio was sentenced Monday to serve six months to three years in a juvenile prison by a judge who called him "a