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India's Finance Minister Pranab Mukherjee

India Budget 2012-13: Highlights

India's Finance Minister Pranab Mukherjee Friday presented the budget for 2012-13 in the Parliament. Here are the highlights of the budget.
A table setting for the State Dinner with U.S. President Barack Obama and Britain Prime Minister David Cameron, is shown during a preview in the State Dining Room at the White House in Washington March 14, 2012.

US, UK Agree To Release Oil From Strategic Reserves

The recent round of warm talks between U.S. and U.K. heads of government has yielded a huge political bonus for U.S. President Barack Obama, as the two leaders are set to announce a cooperative plan to released strategic oil stocks, something that is likely to help bring down the sky-high price of crude.
Jerritt Canyon project

Gold Extends Losses As Dollar Extends Gains

Gold fell to its lowest since mid-January on Wednesday after a modest upgrade of the U.S. Federal Reserve's economic outlook added zip to the dollar and gave investors an excuse to lighten holdings of bullion.
Seaport

SHoP Wraps Green Sheath Around South Street Seaport

One of the oldest neighborhoods in Manhattan may soon get closer to nature. SHoP Architects and mall operator Howard Hughes Corp. (NYSE:HHC) unveiled an emerald proposal for the Pier 17 mall on the South Street Seaport last Thursday that will ease the historic district into the present.
A Midas service center in Durham, North Carolina.

Sumitomo Unit Buying Midas For $173M

TBC Corp., a unit of Japan's Sumitomo Corp., will pay $173 million in cash for Midas Inc. (NYSE: MDS), the automotive parts and repair chain based in Itasca, Ill., said Tuesday.

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