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Freeport-McMoRan Copper & Gold to Cut 4Q Sales

Freeport-McMoRan Copper & Gold Inc said on Tuesday that production and processing rates at its strike-hit Grasberg nine in Indonesia have fallen below levels needed to meet fourth-quarter sales targets.
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Bloomberg Gates

Silicon Valley NYC One Step Closer to Reality

New York City Mayor Michael Bloomberg announced Monday that a proposal to bring an applied sciences university to the city continues to move forward. Under Applied Sciences NYC, dubbed one of the most exciting projects the city has undertaken in the past decade by U.S. Senator Charles E. Schumer, seven proposals are under consideration for the groundbreaking program. The winner will be awarded free city land and up to $100 million in city capital funding in exchange for constructing a ma...
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Dems Attack Republicans Over 109-Day 2012 House Calendar

House Minority Leader Nancy Pelosi spoke out Monday against Republican Leader Eric Cantor's plan for the House to work just 109 days in 2012. Cantor defended his calendar, saying it allows members of Congress to do important work in their districts. But another key reason for the abbreviated schedule that Congress has followed for decades is the increasing importance of campaign finance, which leaves fundraising as top priority in an election year.
Allstate insurance posts fourth quarter results as office shown in San Francisco

Allstate Profit Sinks on Disaster Losses

Allstate Corp posted a sharply smaller profit for the third quarter, as the largest publicly traded home and auto insurer in the United States lost more than $1 billion due to natural disasters.

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