The Dow closed near its highest level in about four years yesterday, but how can that be when there are so many other economic indicators recently that don’t look so great?
It's International Workers' Day — organized by unions and left-leaning political parties across the world. Thousands of protesters are out on the streets in Greece, France and even Russia.
So-called 'energy drinks' are one of the fastest-growing sectors of the drinks business. And now the Wall Street Journal reports that Coca-Cola toyed with spending $14 billion for one brand — Monster Energy. Coke denies any deal.
In a first for an airline, Delta plans to pay $150 million for an oil refinery in Pennsylvania in a effort to bring some order to its fuel prices. But even if Delta's oil refinery deal works out well, fares are probably not going to drop.
The Prime Minister of Japan, Yoshihiko Noda, is in Washington today for meetings with President Obama. There are tensions over the U.S. military in Japan, but moves toward closer cooperation on energy and trade.
Spain has officially slipped back into recession and to make matters worse, Standard & Poor’s has downgraded the credit rating on 11 Spanish banks. That makes it harder for those banks to borrow money.
