Declines in domestic and foreign production are to blame for higher US gas prices, analysts say. Some in the industry see $5-a-gallon gas in 2012, while others say supplies will increase to halt the rise.
The secrecy around Mayor Michael R. Bloomberg’s selection of Cathleen P. Black to run the city’s schools highlighted his faith in business leaders and dislike of public debate.
Starting Thursday, Wal-Mart plans to offer free shipping on its Web site, a move that may create an expectation among consumers and a threat to smaller retailers.
AP - A winter storm pummeled the western U.S. on Thursday with fierce wind gusts, heavy rain and more than 2 feet of snow, closing hundreds of miles of roads and dumping a snowy mix of precipitation on the edges of Phoenix.
AP - More than 200,000 people have been affected by relentless flooding in northeast Australia, with the flood zone now stretching over an area bigger than France and Germany combined, officials said Friday.
AP - Egypt's military, the biggest recipient of U.S. military aid after Israel, is in decline, according to American diplomats, who blame the Arab nation's top brass for failing to modernize and adapt to deal with new threats.
Isabelle Caro, the French model who became an anti-anorexia crusader after showing her naked emaciated frame in an ad designed to raise awreness about the eating disorder, died at age 28.
Ford Motor Co. and Chrysler Group LLC are recalling thousands of trucks and crossover vehicles over safety concerns, the National Highway Traffic Safety Administration said this week.
U.N. Secretary-General Ban Ki-moon, distressed over a call to attack the hotel where Ivory Coast's president-elect and U.N. security forces are based, said the forces are "authorized to use all necessary means to protect its personnel."
New York Mayor Michael Bloomberg said he will investigate whether sanitation workers intentionally delayed cleanup efforts over frustrations regarding citywide budget cuts.