The Global Coal Trade's Complex Calculation
Increasing U.S. coal exports to China doesn't necessarily mean global emissions will rise. As demand abroad drives up coal prices at home, it could prompt U.S. utilities to switch to cheaper and more environmentally friendly natural gas. And that might alter the politics of climate change in the U.S., an expert says.
Iran's Largest Banks Swindled Out Of $2.6 Billion
Several of Iran's largest banks have been swindled out of an estimated $2.6 billion. The scandal has sparked a widening investigation with more than 30 arrests so far. Some question if advisers close to President Mahmoud Ahmadinejad are involved.
Protests Pick Up Steam; Will Obama Get Burned?
Polls show there is broad support for the sentiment behind Occupy Wall Street. Still, the president treads carefully when asked about them. While some Democrats think the protests represent a force they should try to harness, others worry about being tied to fringe elements of the movement.
In Boston Terrorism Trial, A Free Speech Defense
Opening statements are expected to begin Thursday in a terrorism trial involving a Massachusetts man accused of trying to promote al-Qaida's agenda in a blog. But Tarek Mehanna's attorneys contend he was just exercising his First Amendment rights.
Back From China: Furniture Maker Returns To N.C.
At High Point, N.C.'s biannual furniture market, manufacturers hawk their products to retailers. And this week, a large pavilion is dedicated to American-made furniture. There are signs that shifts in China could spur a comeback for furniture makers in the United States.
EU Reaches Debt Deal, But Challenges Lie Ahead
European leaders met through the night in Brussels and finally emerged with a debt deal they say is wide-ranging. They're hopeful it will guide the continent out of the widening debt crisis that started with Greece. But it's unclear whether they have the political will and economic flexibility to implement it.