THE chairman of Australia's largest company, BHP Billiton, has contradicted assurances by the Rudd Government, Treasury and Reserve Bank that an economic recovery is imminent, warning instead it will be "protracted and complex". Speaking at his old high school in Brisbane yesterday, Don Argus said he was "pessimistic" about prospects for recovery ...
North Carolina Gov. Beverly Perdue is taking a second run at blocking a new federal license needed by a company to generate and sell electricity from dams along the Yadkin River for another 50 years.
Nucor Corp. has paid $16.3 million for land in St. James Parish for a possible pig iron plant.
Medford Trucking LLC was cited by the state Office of Miners Health, Safety and Training in the Feb.
Most U.S. stocks rose for a second day as gains in utilities and commodity producers helped the market overcome an early slide spurred by an unexpected decrease in housing starts to a record low.
West Virginia has completed investigating the death of a coal truck driver at a Massey Energy mine.
A spokeswoman at the Special Metals Corp. plant in Huntington says the company is halting production for five days and giving employees time off without pay starting May 22.
Reporting from Washington -- Sprawling across about 9,000 acres of rolling farmland in southwestern Indiana is one of the world's biggest aluminum smelters, operated by Alcoa Inc.
Canadian companies deemed to be bad corporate citizens abroad could lose political and financial support from the federal government under a proposed law to be studied by MPs next week.
PATESVILLE, Ky. -- Drillers have bored nearly 4,000 feet below the green pastures of a Hancock County farm as part of a project that could hold a key to the future of coal in Kentucky.
Peabody Energy Corp. is teaming with White Energy Ltd. of Australia to build a coal-upgrading plant in Wyoming's Powder River Basin - the first of what could be several such projects.
The business fundamentals that created a record five-year run for Norfolk Southern Corporation leading into the recession are still in place, and, "Longer term, it will get better," said Chief Executive Officer Wick Moorman during the company's 27th annual stockholders meeting, held today in Williamsburg, Va.