Category Archives: Supply

Natural gas prices heating up

Full Story at money.cnn.com NEW YORK (CNNMoney) — Natural gas prices could double over the next several years as U.S. producers gain access to international markets and excess supplies begin to shrink. After nearly collapsing in the aftermath of the recession, natural gas prices have managed a nice post-recession recovery and are up 3% this [...]

Also posted in America, Gas or Oil, Market, Money | Leave a comment

Drug shortages at all-time high

Full Story at money.cnn.com NEW YORK (CNNMoney) — The number of drug shortages is at a record high, and the Food and Drug Administration is warning that they are getting even worse. Fueling the problem are shortages of raw materials. Also, drugmakers are discontinuing older, and off-patent drugs in favor of newer and more profitable [...]

Also posted in Business, Drugs, Food And Drug Admnistration, merchandising, Recall, Safety | Leave a comment

Last weekend for Cash for Clunker deals

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — If you’re hoping to make a last-minute Cash for Clunkers deal, you’d better call your car dealer first to make sure he’s still doing them. Also, make sure there are cars left to sell on the lot. While some dealers say they’ll participate in the Clunker program [...]

Also posted in America, Auto, Bailout, Deals, Financial, Money | Leave a comment

Auto parts supplier Lear files for bankruptcy

Full Story at msnbc.com NEW YORK – Struggling automotive parts supplier Lear Corp. filed for bankruptcy protection on Tuesday after receiving the support it needed from lenders and bondholders. The move had been expected from Lear, which missed an interest payment on its bond debt last week and revealed its intention to seek court protection [...]

Also posted in America, Auto, Bankruptcy, Corporate, Financial, Ford, GMC, Stocks | Leave a comment

Porsche-Volkswagen showdown looms

Full Story at moneh.cnn.com FRANKFURT (Reuters) — Porsche’s squabbling owners are set to discuss an investment by Qatar in the next two weeks, a milestone which could change the dynamics of a Porsche/Volkswagen merger, people close to the talks said. A decision on Qatar’s entry may come even before key family members are set to [...]

Also posted in Auto, Corporate, Financial, Investors | Leave a comment

Oil rises to near $72 as investors eye inflation

Full Story At News.yahoo.com SINGAPORE – Oil prices rose to near $72 a barrel in Asia on Friday amid concerns that massive U.S. fiscal spending will spark inflation down the road, making oil and other commodities attractive hedges. Benchmark crude for July delivery rose 50 cents to $71.87 a barrel by late afternoon Singapore time [...]

Also posted in America, Economy, Financial, Gas or Oil, Spending | Leave a comment

Chrysler’s sorry state revealed

Full Story At money.cnn.com NEW YORK (Fortune) — Among the thousands of pages of documents filed in connection with Chrysler’s Chapter 11 bankruptcy are affidavits from Chrysler executives that open up a window on the auto business previously closed to outsiders in this intensely competitive business. They reveal an almost unimaginable complexity in the design, [...]

Also posted in Auto, Bankruptcy, Chapter 11, Financial, Money | Leave a comment

Oil rises to near $48 as OPEC signals supply cuts

Full Story At news.yahoo.com SINGAPORE – Oil rose to near $48 a barrel Tuesday in Asia after OPEC signaled it will likely announce another production cut within days, adding to large supply reductions the cartel has already implemented. Benchmark crude for April delivery rose 73 cents to $47.80 a barrel by midafternoon in Singapore on [...]

Also posted in Business, Gas or Oil, Rises | Leave a comment