The industry is defending itself, even claiming that the end result will be higher prices. But consumers may never go back. More
Daily Oil News: PetroChina Tops Exxon in Crude Production
The Chinese state-owned energy company PetroChina outpumped Exxon last year -- exceeding its daily production by 100,000 barrels. More
17 Companies Spending $2 Billion on Stock Buybacks Every Year
After years on the rise, stock buybacks are declining. But several companies still spend billions on buybacks each year -- though they don't always pay off. More
Cellulosic Ethanol: The Fuel of the Future?
High petroleum prices have reinvigorated interest in biofuels -- and a number of second-gen biofuel stocks could be ready to catch a rising tide. More
Best Buy Closing 50 Stores — But Still Ignoring Customers
BBY's earnings report revealed the electronics retailer will close 50 big stores and open 100 smaller locations. However, here's why the turnaround plan may be doomed. More
The Food Biz Has Left General Mills Behind
General Mills hasn't kept up with food-market trends. It's the Pac-Man of the food world -- and this writer suggests selling the stock. More
