November 26, 2012 |
Artists Christo and Jeanne-Claude conceived their "Mastaba" -- a postmodern pyramid made of oil barrels -- as their largest and only permanent work. But since its conception in 1977, the project has enjoyed a protracted planning period that rivals those of the actual pyramids in Egypt. Numerous setbacks -- including the wars in Iraq -- have delayed the project that was intended to rise on a desert site near Abu Dhabi. The Guardian has reported that "The Mastaba" could be a step closer to completion.
November 20, 2012 |
Big sale at Cube: Italian restaurant and gourmet market Cube Cafe and Marketplace announces its "Honkin' Holiday Sale with free baked treats, swell gift wrap and cheap mimosas. " Sound like your kind of sale? It takes place on Sunday, Dec. 2, from 10 a.m. to 2 p.m., with discounts of as much as 70% off of tabletop accessories, housewares, gardening accessories and gourmet products. Its gourmet food section will be marked at 40% off retail, including imported olive oil, traditional balsamic vinegar, Rancho Gordo beans and arborio rice.
November 16, 2012 |
The simple, white porcelain teapot gets interpreted in some fresh ways in Crate & Barrel 's new line by 12 international artists. The limited edition collection premieres Dec. 1 in honor of Crate & Barrel's 50th anniversary, with a different design showcased every month thereafter. Each of the Bauhaus-inspired teapots will be signed, numbered and limited in quantity to 200, available online . Helsinki, Finland-based artist Janine Rewell launches the series with “Sea Journey,” shown at top left, a design inspired by her love of Slavic folk art and Scandinavian design.
October 29, 2012 |
Hurricane Sandy churned the Atlantic Ocean as it barreled northward bringing fierce winds, drenching rains and flooding to the nation's Northeast, where officials warned residents to stay home and ordered those along coastlines to head to high ground. “Get out before you can't,” Connecticut's governor, Dannel Malloy, told residents of his state early Monday. New Jersey's Gov. Chris Christie was more blunt: “Don't be stupid. Get out.” PHOTOS: Hurricane Sandy approaches Christie said Monday that there was already flooding along the Barrier Islands and said the flooding will increase later in the day as the high tide rolls in. In addition, there were 35,000 people without power in the state.
June 1, 2012 |
A rash of troubling economic data kicked U.S. oil prices as low as $82.56 a barrel on the New York Mercantile Exchange, its lowest level in nearly eight months. John Kilduff, founder of Again Capital in New York, said the slide Friday was prompted by more news overnight about a slowing Chinese economy, and then accelerated once it was learned that the U.S. economy added just 69,000 new jobs in May. "It's fueled several concerns that demand for oil is going to drop," he said.
May 22, 2012 |
Retail gasoline prices fell in California and across much of the nation over the last week, while crude oil recovered a little of the previous weeks' losses. The average cost of a gallon of regular gasoline in California fell 3.1 cents to $4.336 a gallon, according to the Energy Department's weekly survey of fuel prices, released Monday. That followed two weeks of increases totaling 28.1 cents a gallon. Last year at this time, a gallon of regular gasoline in California was 12.1 cents cheaper.
May 16, 2012 |
Crude oil futures tumbled to a six-month low overnight amid worries about oversupply in the U.S. and political instability in Greece. West Texas Intermediate futures slumped $2.17 on the New York Mercantile Exchange to $91.81 a barrel in midday trading, an intra-session low not reached since Nov. 3. They closed Tuesday down 80 cents to $93.98 a barrel, the lowest end-of-day number since Dec. 19. Traders reacted to a Tuesday report from the...
April 10, 2012 |
If Sardar Biglari wants to control Cracker Barrel Old Country Store Inc., he'll first have to get past the Southern-style restaurant chain's new "poison pill" defense. Board members of the Tennessee-based company approved a shareholder rights plan to try to obstruct investor Biglari's hostile takeover efforts. The strategy would prevent Biglari, who recently raised his stake in Cracker Barrel to more than 16%, from accumulating 20% without offering shareholders a premium. To do so would water down the value of his shares.
March 28, 2012 |
The U.S. is relying more on Canada and Saudi Arabia for its crude oil needs as imports and production in other supplier nations recede to some of their lowest levels in years, according to a report released by the Energy Department. The top five foreign suppliers of crude have remained unchanged, but there have been important developments in some of those countries. The U.S. is importing less oil than it has since 1999 because of a combination of factors such as lower demand since the global recession and increased domestic production in states such as Texas and North Dakota.
January 11, 2012 |
After years of gaining ground, the Silver Bullet has finally caught the King. Coors Light outsold Budweiser last year to become the nation's second-most-popular brew after Bud Light, according to estimates by an industry trade publication. Beer Marketer's Insights reported this week that Anheuser-Busch InBev sold 17.7 million barrels of its flagship lager in the U.S., less than the 18.2 million barrels that beer drinkers bought of Coors Light. It marks the first time in nearly two decades that Anheuser-Busch hasn't claimed the two top spots on sales charts.