The Electric Reliability Council of Texas (ERCOT) has ordered utilities to rotate outages across the state. The underlying cause is a shortage of electricity as many utility plants tripped (shut off power) due to extreme weather.
A deep chill set in across much of the central U.S. on Wednesday as a major storm moved toward the northeast, bringing heavy snow, ice, wind chills and severe weather.
Ines Sainz, the television reporter who prompted the NFL to introduce new code of conduct rules, grabbed the Super Bowl spotlight Tuesday, attracting nearly as much attention as the Green Bay Packers and Pittsburgh Steelers.
Unemployment, poverty and social injustice are the top global concerns and most people think their country is heading in the wrong direction, according to a new poll.
Mexican tycoon Carlos Slim, who is considered by some to be the world’s richest person, said he will invest $8.3-billion in nineteen countries, primarily in Latin America.
The companies whose shares are moving in pre-market trade on Tuesday are: Lexmark International, Archer Daniels Midland, Novellus Systems, Advanced Micro Devices, Monster Worldwide, Eastman Chemical, BP and Ventas.
The companies which are expected to see active trade on Tuesday are: BP, Pfizer, C.H. Robinson, Emerson, United Parcel, McGraw Hill Companies, Lexmark International and Cummins.
Mexican tycoon Carlos Slim said on Monday he plans to boost his investment in Mexico this year by about 20 percent to $3.6 billion, with telecoms, mining and infrastructure taking center stage.
AMB Property Corp has struck a deal to acquire rival ProLogis in one of the biggest real-estate deals since the financial crisis, creating the largest U.S. owner of warehouse and distribution centers.
Richard C. Kang, chief investment officer & director of research at Emerging Global Advisors spoke to IB Times about the political unrest in North Africa and implications for investors
British Petroleum (NYSE: BP) is said to be considering spilling cash – not oil – to its public shareholders. Shareholders of the oil giant, which is infamous for being responsible for the oil spill off the Gulf coast region in June, the worst oil spill in history, are calling for the company to pay a dividend once again
Shark populations continue to decline due to unregulated fishing, much of it to meet the high demand for fins. A new analysis finds that the international plan, which was approved by members of UNFAO in 2001, has yet to be fully implemented.
Amtrak said, beginning Feb.1, it would temporarily relocate from Denver Union Station to another location to accommodate construction of the new commuter rail station at the Union Station.
The Mexican economy is getting a helping hand from unlikely allies: Chinese workers whose rising wages are leading more companies to build factories in Mexico.
Algeria expects oil production to remain steady in 2011, while liquefied natural gas (LNG) supply contracts will be met despite reduced capacity, the head of state-owned energy giant Sonatrach said on Tuesday.
General Motors plans to add 750 jobs at its Flint Assembly, Michigan to produce Chevrolet Silverado and GMC Sierra heavy-duty pickups.
List of Microsoft Windows Phone 7 introduced in 2010 and coming out in 2011, a special look
TV's best loved family goes off air as 'Medium' aired its finale on Friday.
Mexico's unemployment rate fell more than expected in December, dropping to 4.94 percent in a sign that an economic recovery is gaining traction, data from the national statistics agency showed on Friday.
General Motors will invest $540 million to build fuel-efficient engines at its plant in central Mexico.
Politicians and law enforcement officials in Mexico are increasingly being forced to make a choice between 'silver' or 'lead' - bribe or bullet - in the state's growing battle against powerful drug cartels.
Facebook's global reach has been the envy of many companies, as about 70 percent of its 500 million users are from outside US and now Facebook has launched an app for feature phones to further bolster its march.
