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Chile battles 3 huge forest fires; 1 killed

January 3, 2012 • BusinessComments Off

A helicopter works to dampen an area of the Torres del Paine national park in Torres del Paine, Chile, Sunday Jan. 1, 2012. Firefighters are making progress against a major blaze that has burned at least 48 square miles (12,500 hectares) in one of Chile’s most spectacular national parks. The Israeli tourist accused of setting [&hellip...

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Outcry in Nigeria as fuel prices more than double

January 3, 2012 • BusinessComments Off

An attendant sells fuel at a petrol station in Lagos , Nigeria, Monday, Jan. 2, 2012. Nigeria is ending fuel subsidies, an official said Sunday, a move that is sure to be unpopular in the oil-rich nation where citizens have come to expect cheap fuel as one of...

As Ford plant waned, many workers slow to prepare

January 2, 2012 • BusinessComments Off

In this Dec. 21, 2011 photo,Travis Johnston, 36, of River Falls, Wis., poses for a picture in River Falls. Johnston used to work at the Ford Motor Co. plant in St. Paul, Minn. When the last Ranger pickup truck rolled off the assembly line at the plant in...

Pricey picks: Powerball tickets doubling to $2

January 2, 2012 • BusinessComments Off

In this Dec. 31, 2011, photo, Amber Wallenstein, a 31-year-old clerk at the Freedom Value Center convenience store and gas station in Sioux Falls, S.D., rings up a Powerball ticket for a customer. The price for Powerball tickets is set to double Jan. 15....

For Portland’s dope king, love and mistrust

January 2, 2012 • BusinessComments Off

This March 28, 2011 photo shows a marijuana plant in Paul Stanford’s marijuana growing facility in Portland, Ore. Stanford’s business is medical marijuana, and he is the nation’s leading gateway to the drug. In Oregon, Hawaii, Michigan and...

License plates, fireworks on tap for Mich. in 2012

January 2, 2012 • BusinessComments Off

This photo provided by the Michigan Senate shows Michigan Gov. Rick Snyder signing a bill in Lansing, Mich., on June 28, 2011, to create a fundraising license plate recognizing the Boy Scouts of America. Behind and to the left of Snyder is state Sen. Sen....

Iran navy tests surface-to-air missile in drill

January 2, 2012 • BusinessComments Off

Iranian navy speed boats attend a drill in the sea of Oman, on Friday, Dec. 30, 2011. Iran’s navy chief has reiterated for a second time in less than a week that his country can easily close the strategic Strait of Hormuz at the mouth of the Persian...

Bright spots, dark clouds _ Obama seeks right tone

January 2, 2012 • BusinessComments Off

FILE – In this Dec. 21, 2011 file photo, President Barack Obama and his dog Bo shop at PetSmart in Alexandria, Va. A bullish, yet wary Obama is highlighting recent economic bright spots while taking care not to overstate a recovery that still has not...

2012 Medicare debate is all about the baby boomers

January 2, 2012 • BusinessComments Off

FILE – In this Dec. 7, 2011 file photo, House Budget Committee Chairman Rep. Paul Ryan, R-Wis. gestures during a news conference on Capitol Hill in Washington. Baby boomers take note: Medicare as your parents have known it is headed for big changes no...

It’s never been safer to fly; deaths at record low

January 1, 2012 • BusinessComments Off

FILE – In this Dec. 23, 2011 file photo, travelers check their luggage at a United Airlines express check-in area at O’Hare International Airport in Chicago. Boarding an airplane has never been safer. In the last 10 years, there were 153...