Texas and other Gulf states may not be ready when their ship comes in.
A massive expansion of the Panama Canal is on track to be completed in about two years, making it possible for huge ships often carrying goods from Asia to bypass their usual stops in the Los Angeles/Long Beach area and instead sail directly to Texas and other states along the Gulf of Mexico, as well as the East Coast. From there, the freight could be put on trains and trucks and shipped across the country -- potentially generating billions of dollars and creating thousands of jobs not only on the coasts but also in major inland hubs such as Dallas-Fort Worth. » read morePosted on Mon, May 28, 2012
Four years ago, entrepreneur Jon Darbyshire needed help. His Overland Park company, Archer Technologies, was pulling down strong profits selling special risk management software to some of the biggest firms in the nation. He wanted to take cash out of the company, but he wasn't sure how. » read more
Posted on Mon, May 28, 2012
SEATTLE - With the Northwest poised to become the country's leading coal-export region, fights are emerging on several fronts. » read more
Posted on Sun, May 27, 2012
The Obama administration may be getting tougher with China on trade, but its approach in dealing with Beijing on the thorny currency issue remains patient diplomacy. » read more
Posted on Fri, May 25, 2012
Facebook Inc.'s bungled stock-market debut made it clear that big money still rules Wall Street. But this time, the small money got a look at how Wall Street really works - and that could spell trouble for the financial industry. » read more
Posted on Fri, May 25, 2012