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Spent Fuel Hampers Efforts at Japanese Nuclear Plant

March 22nd, 2011

Spent Fuel Hampers Efforts at Japanese Nuclear Plant - TOKYO — Workers at Japan’s ravaged nuclear power plant on Tuesday renewed a bid to bring its command center back online and restore electricity to vital cooling systems but an overheating spent fuel pool hampered efforts and raised the...

Delta Slashes Japan Capacity, Trims Atlantic Routes on Fuel

March 22nd, 2011

Delta Slashes Japan Capacity, Trims Atlantic Routes on Fuel - Delta Air Lines Inc. (DAL) will cut capacity on its Japan routes by as much as 20 percent through May, joining Asian carriers that have trimmed services after an earthquake and radiation leaks from a nuclear power plant. The impact of...

Mortgage rates ease again

February 24th, 2011

Mortgage rates ease again - Mortgage rates eased again this week according to a survey by Freddie Mac, as fears about the economic impacts of turmoil in the Middle East helped depress yields on long-term bonds, including those that fund most home loans. A separate survey by the Mortgage Bankers...

Oil shock fears as Libya erupts

February 21st, 2011

Oil shock fears as Libya erupts - The spectre of full civil war in oil-rich Libya and reports of the creation of an Islamic emirate in country's "Barqa" region has moved the Mid-East crisis into a more dangerous phase, setting off an explosive rise in US crude prices. "This is potentially worse for...