Economy & Business

"Officials from 18 oil-producing nations failed on Sunday to reach a deal to freeze oil production at current levels."

"Warren Buffett’s MidAmerican Energy Company plans to invest $3.6 billion in what would become the nation’s largest wind energy facility."

"Among firs and cedars high in the Sierra Nevada, scientists are using an array of instruments to monitor the health of the forest, measure the snowpack and track the water that melts and seeps into the soil. As they collect data, they’re taking snapshots of a landscape in the midst of major changes."

"Institutions managing $6 trillion in assets plan to back a call for U.S. oil major ExxonMobil to disclose the impact of climate change policy on its business, one of the organizers of the vote said on Tuesday."

"Fifty four large investors managing 1 trillion pounds in assets have launched a campaign to curb the use of antibiotics in the meat and poultry used by ten large U.S. and British restaurant groups."

"Peabody Energy Corp, the world's largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday in the wake of a sharp fall in coal prices that left it unable to service a recent debt-fueled expansion into Australia."

"With Massey Energy boss Don Blankenship headed to prison and some of the industry’s biggest companies bankrupt, a historic transformation may be ahead".

"In 1978, the DOJ told Congress IOGCC should be disbanded. It wasn't. In 2005, the group claimed credit for Halliburton Loophole after ‘years of hard work.'"

"The U.S. government filed a lawsuit on Wednesday to stop Halliburton Co from buying Baker Hughes Inc, arguing the combination of the No. 2 and No. 3 oil services companies would lead to higher prices in the sector."

"Most food, if we trace it back far enough, began as a seed. And the business of supplying those seeds to farmers has been transformed over the past half-century. Small-town companies have given way to global giants."