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An Egyptian protester holds up a sign during a demonstration outside the Libyan Embassy in Cairo

Oil prices surge on Libyan unrest

Oil prices have jumped in response to the growing chaos in oil producer and OPEC member Libya and the potential for the escalation of unrest in Iran, OPEC’s second biggest oil producer..

Stratex to drill for Ethiopia gold, silver

Gold bars
Stratex International Plc plans to start drilling for gold and silver in the second quarter of this year in northern Ethiopia, the London-listed gold exploration firm said on Monday.
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A Twitter page is displayed on a laptop computer in Los Angeles

Can Twitter Predict Oscar Winners?

E.Life, a social media monitoring and analysis vendor, used its Tweetmeter software to find out whether Twitter could predict the Academy Award winners.
Bahrain

Bahrain protesters occupy square as Libyans bury dead

Protesters in Bahrain appeared to gain the initiative on Saturday and mourners buried their dead in western Libya as the wave of protest washing across the Arab world tested more of the region's longtime rulers.
Mayor Bloomberg and NY fashion industry leaders calls for immigration reforms.

Mayor Bloomberg and fashion industry leaders call for immigration reforms

New York City mayor Michael Rubens Bloomberg has joined forces with some of the biggest names in the fashion industry like Oscar de la Renta, Brooks Brothers, Malia Mills and Diane von Furstenberg to implement immigration reforms and promote easier visa procedure for international workers.
Terrestar Bankruptcy

EchoStar Won't Back TerreStar Bankruptcy Plan

The months of negotiations between TerreStar Networks and its creditors may well have been for nothing, as EchoStar has pulled out of an agreement to backstop the company's bankruptcy plan.
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Gold hits 5-week high as Mideast concerns simmer

Gold hit five-week highs in Europe on Friday and silver its strongest since 1980 as growing unrest in the Middle East lifted interest in precious metals, though another reserve requirement hike from China curbed gains.
Fast, Fresh Food is Winning

Chipotle fired 450 after Minn. immigration audit

Chipotle Mexican Grill Inc (CMG.N) fired about 450 workers in Minnesota after an audit by U.S. immigration officials flagged questionable worker eligibility documents, the company said in a regulatory filing on Thursday. U.S. Immigration and Customs Enforcement (ICE) audited the company's Minnesota restaurants, which led to the dismissals mentioned above.
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Amid crisis, US state workers say: 'Don't blame us'

When a New Jersey family with an autistic child walks into the state office seeking help, Norlande Perpignan is often the first person they see. A clerk making $41,082 a year at the Division of Developmental Disabilities, Perpignan, 40, is also on the front lines of a national debate about public spending, taxes and a fiscal crisis facing local governments.

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