Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
TransCanada Corp.’s (TRP-T44.100.050.11%) controversial Keystone XL pipeline faces a growing risk of rejection after U.S. congressional leaders reached a deal late Thursday for a vote on a payroll tax bill that would force President Barack Obama to make a quick decision about the pipeline’s fate.