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By Jeff Wilson |
December 11, 2012
Three straight years of smaller U.S. corn harvests are driving inventories of the world’s most-consumed grain to a 39-year low.
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By Jeff Wilson, Bloomberg |
December 11, 2012
Three consecutive years of smaller U.S. corn harvests are driving inventories of the world’s most-consumed grain to a 39-year low and spurring Goldman Sachs Group Inc. to predict that prices will rise near record highs.
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By Brian Wingfield, Bloomberg |
November 16, 2012
Millions of dollars in penalties slapped on some of the world’s biggest banks, including JPMorgan Chase & Co., by U.S. regulators are the result of policing powers established after the 2001 collapse of Enron Corp.
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By Rita Nazareth, Bloomberg |
October 26, 2012
U.S. stocks were little changed, with the Standard & Poor’s 500 Index on pace for a weekly decline, as investors watched economic and earnings reports.
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By Joe Carroll and Jim Polson, Bloomberg |
September 12, 2012
Chesapeake Energy Corp. agreed to sell oil and natural-gas assets for $6.9 billion in a series of transactions that will narrow a cash-flow shortfall threatening to crimp the company’s drilling and production goals.
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By Dan Murtaugh, Bloomberg |
September 7, 2012
The U.S. shale boom has driven the cost of Gulf Coast light, sweet oil to its lowest level versus Brent crude in almost a quarter century as the nation’s dependence on foreign supplies wanes.
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By Joe Carroll, Bloomberg |
September 5, 2012
Chesapeake Energy Corp. CEO Aubrey McClendon will tout the company’s stock to Wall Street analysts and investors tomorrow as a board investigation of his personal finances enters its fifth month.
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By Joe Carroll, Bloomberg |
August 6, 2012
Slumping oil and natural-gas prices threaten to exacerbate a cash crunch at Chesapeake Energy Corp., adding to pressure on Chief Executive Officer Aubrey McClendon to sell oilfields from Texas to Ohio.
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By Alanna Byrne |
July 25, 2012
It pales in comparison to the 400-year dry spell in Chile’s Atacama desert, but there’s no question that the U.S. is in the throes of a severe drought. Think it's bad? Here are five notable U.S. droughts.
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By Dakin Campbell and Michael J. Moore, Bloomberg |
June 22, 2012
Credit Suisse Group AG’s credit rating was cut three levels and Morgan Stanley’s was reduced by two as Moody’s Investors Service downgraded 15 banks in moves that may shake up competition among Wall Street’s biggest firms.