‘Business’ Archives
Libyan Uprising Affects World Oil Supply
The political unrest in Libya could threaten energy exports to Europe if separatists in the oil-rich east of the country target infrastructure and look for a bigger chunk of revenues, analysts said on Monday. Crude oil prices have already jumped 5% Monday as violent protests spread in Libya. This is raising concern among experts that oil supplies [...]
Chevrolet Volt Wins Car of the Year Award
GM’s electric-gasoline Volt just captured the prestigious North American Car of the Year award at the Detroit Auto Show. The Volt topped 13 other cars to win the sought-after title, including Nissan Motor Co.’s all-electric Leaf and Hyundai Motor Co.’s Sonata sedan. The Volt runs for about 40 miles (64 kilometers) on an electric charge [...]
McDonald’s Sued Over Advertising Complaint
The Center for Science in the Public Interest along with a 41-year-old mother of two, filed suit in California alleging the company uses deceptive advertising practices to lure children to their fast-food restaurants. The suit accuses McDonald's of using promotional toys to make children harass their parents until they take them to the [...]