January 14, 1987 |
Energy futures retreated Tuesday after a five-day rally that had sent crude oil above $19 a barrel for the first time in 11 months. In other markets, wheat was higher but other grains and soybeans were mostly lower, pork was higher but cattle mixed and precious metals were mixed. Analysts said the decline in energy futures at the New York Mercantile Exchange was caused by profit taking but added there was little reason to believe a steep fallback is likely.
January 12, 1985 |
Grain and soybean futures prices were mixed in light, featureless trading Friday on the Chicago Board of Trade. Analysts said the recent influence of outside markets, such as those involved in precious metals and foreign currencies, subsided Friday and provided the grain markets with little guidance. Demand for soybean meal eased somewhat as European livestock feeders appeared to have built their inventories up sufficiently to handle the cold weather there, traders said.
December 30, 1996 |
A long spell of freezing weather gripping Europe has taken the lives of dozens of homeless people, while blizzards have disrupted travel and balmy resorts have suffered freak snowfalls. Several dozen people trapped in their vehicles by avalanches in a tunnel in southern Russia were finally freed, but as many as 300 people were still feared to be inside the tunnel as snow continued to fall. Sections of the Danube River in Central Europe were frozen over, as were major canals in northern Germany.
January 4, 2003 |
Hurricane-force winds and torrential rains battered Europe on Friday, killing at least six people, flooding thousands of homes and hampering rail, road and water traffic. Winds of nearly 125 mph and flooding caused chaos in Germany, France, Britain, Portugal, Belgium, Austria, the Netherlands and the Czech Republic, with barge traffic halted on key rivers and toppled trees blocking roads and rail lines.
November 3, 1993 |
The lessons we can draw from the plight of one of the world's premier automobile companies is that global business is not a zero-sum game, and shortsighted decisions can have very long-term consequences. Volkswagen, the German car maker, is in rough shape. It is either going to put its 103,000 employees on a four-day week--cutting one day's pay--or it will let 30,000 of them go. VW will lose roughly $1.7 billion this year. Its production will be down to 1.
March 8, 1990 |
A group of House staff members spent more than $28,000 traveling to London, Paris, Rome and other European cities, planning a trip for lawmakers who then decided to stay home. Rep. Frank Annunzio (D-Ill.), who planned and then scrapped the congressional trip, says he did not want to use a military plane during the U.S. invasion of Panama, which began while the advance team was in Europe. But Rep. Doug Barnard Jr. (D-Ga.