OLONGAPO, Philippines (AP) — Police in the Philippines say an accident at a northern shipyard has killed five workers and seriously injured eight others.
Deputy police chief Ramil Menor of Zambales province's Subic township says workers doing welding were crushed when a steel platform at the Subic Shipyard and Engineering Inc. collapsed Friday. The yard is managed by Singapore's Keppel …
New York (AP) — Coffee futures trading on the IntercontinentalExchange (ICE) Wednesday:
(37,500 lbs.; cents per lb.)
| Open | High | Low | Settle | Chg. | |
| COFFEE C | |||||
| Mar | 204.50 | 205.90 | 198.30 | 200.40 | Down 3.80 |
| May | 206.25 | 208.00 | 200.40 | 202.55 | Down 3.60 |
| Jul | 209.45 … |
THE BOARD OF Umpqua Holdings Corp. in Portland, Oregon, schedules its annual retreat nearly a year in advance. Directors and members of the executive team spend months careully choreographing a program of presenters and reviews aimed at making board members full partners with management as they contemplate together the long-term strategy challenges facing the company.
It's a big effort. But when pretty much the entire agenda was scrapped just weeks before last October's gathering, there was little, if any, dissent from directors. The reason was simple: Just as the date approached, the impact of the subprime mortgage crisis and related housing-price implosion was becoming clear. …
Economist Jeffrey Sachs urged the United States and the European Union on Monday to reconsider a shift to biofuels that has helped increase food prices by turning agricultural land over to energy crops.
Targets to produce more fuels that release less carbon dioxide "do not make sense now in a global food scarcity condition," Sachs, a special adviser to the United Nations, told reporters before he spoke to EU lawmakers at the European Parliament.
"In the United States, as much as one-third of the maize crop this year will go to the gas tank and this is a huge blow to the world food supply, so these programs should be cut back …
A media rights group criticized Sri Lankan on Tuesday for appointing a politician to a government media post who allegedly organized attacks against journalists and press offices and called for his ouster.
"The Sri Lankan government has again distinguished itself by assigning key posts to very controversial figures implicated in attacks on press freedom," Paris-based Reporters Without Borders said in a statement days after President Mahinda Rajapaksa appointed Mervyn Silva to the post of deputy media minister.
In his new post, Silva will be in charge of media policies and issuing television and radio licenses and journalist accreditations. He was …
LOS ANGELES (AP) — Amare Stoudemire had 39 points and 11 rebounds, Danilo Gallinari scored 17 of his career high-tying 31 points in the fourth quarter, and the New York Knicks completed a three-game California sweep with a 124-115 victory over the league-worst Los Angeles Clippers on Saturday night.
The Knicks, who ended a six-game losing streak with consecutive road wins over the Kings and Warriors, have won three games in California on the same trip for the first time. The Golden State has had at least three NBA teams since the 1978-79 season, when the Buffalo Braves moved to San Diego and were renamed the Clippers.
Rookie Blake Griffin had career highs of 44 points and …
