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Fuel ship 190 miles away from iced-in Alaska city

January 8, 2012 • BusinessComments Off

The Russian-flagged tanker Renda, carrying more than 1.3 million gallons of fuel, sits in the ice while the Coast Guard Cutter Healy crew breaks the ice around the tanker approximately 19 miles northwest of Nunivak Island Jan. 6, 2012. The cutter Healy crew is escorting the Renda crew to Nome, Alaska, where the tanker crew [&hellip...

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Grounded cargo ship breaks apart on NZ reef

January 8, 2012 • BusinessComments Off

In this Sunday, Jan. 8, 2012, photo released by Maritime New Zealand, the cargo ship Rena, grounded off Tauranga Harbor, New Zealand, is seen split into two pieces after being lashed by pounding seas. The Greek-owned Rena ran aground on Astrolabe Reef 14...

Venezuela, Peru in pacts on oil investments, trade

January 8, 2012 • BusinessComments Off

Venezuela’s President Hugo Chavez, left, Peru’s President Ollanta Humala, front center, and Venezuela’s Minister of Energy and Petroleum Rafael Ramirez, right, looks at documents during a visit to oil installations in the faja petrolifera...

Safeway unveils memorial at Tucson shooting site

January 8, 2012 • BusinessComments Off

The Safeway store where U.S. Rep Gabrielle GIffords was shot, is shown Dec. 15, 2011 in Tucson, Ariz. The one-year anniversary of the shooting of Rep. Gabrielle Giffords in the parking lot of the grocery store is Sunday. Arizona is marking the event with a...

End of decades of Nigeria cheap gas fuels unrest

January 8, 2012 • BusinessComments Off

People protest over fuel prices in Abeokuta , Nigeria, Thursday, Jan. 5, 2012. Police fired tear gas to break up a sleep-in protest at a traffic roundabout in northern Nigeria early Thursday, as tensions mounted over spiraling gasoline prices in this oil-rich...

In elections, jobless trend matters more than rate

January 8, 2012 • BusinessComments Off

FILE – In this Aug. 27, 1959 file photo, Pres. Dwight D. Eisenhower cups his ear as he listens to a question from a newsman at a news conference at the West German Foreign Ministry, in Bonn, Germany. Going back to 1956, no incumbent president has lost...

Post-Senate career has seen Santorum’s income soar

January 8, 2012 • BusinessComments Off

Republican presidential candidate former Pennsylvania Sen. Rick Santorum campaigns at the New Hampshire Institute of Politics at St. Anselm College Saturday, Jan. 7, 2012, in Manchester, N.H. (AP Photo/Matt Rourke) WASHINGTON (AP) — Losing his Senate seat...

The ‘CES curse?’ Gadget show has poor record

January 7, 2012 • BusinessComments Off

FILE – In this Jan. 6, 2011 file photo, attendees watch a 3-D HDTV presentation by Panasonic at the Consumer Electronics Show, in Las Vegas. The International Consumer Electronics Show is getting a track record as the launch pad for products that fall...

Best Buy December sales fall

January 7, 2012 • BusinessComments Off

FILE – In this Nov. 25, 2011 file photo, customers shop at a Best Buy store in Burbank, Calif. Best Buy Co. said Friday Jan. 6, 2012, that weaker than expected traffic until the week before Christmas and low demand in Canada and Europe put a crimp in...

Asian economies look to keep Iranian oil flowing

January 7, 2012 • BusinessComments Off

FILE – In this Wednesday, Sept. 27, 2000 file photo, an Iranian oil worker repairs a pipe at an oil refinery in Tehran, Iran. The latest U.S. sanctions to be imposed on Iran have not only unveiled the depth of the country’s economic woes, but...