The U.S. has become a net exporter of gasoline for the first time in fifty years. Thanks to rising production at refineries and declining demand, the United States exported more gasoline than it imported in December. The unusual development reflects the segmented U.S. energy market — the East Coast needs to import gas while the Midwest produces a surplus.
Every habit-forming activity follows the same behavioral and neurological patterns, says New York Times business writer Charles Duhigg. His new book The Power of Habit explores the science behind why we do what we do — and how companies are working to use our habits to market products to us.
Newspapers have chased audiences and advertisers to the Web and other digital platforms, where they are finding strong growth. But that transition has been rocky. A new study from the Pew Research Center's Project for Excellence in Journalism suggests there are ways to make the leap.
Against the political pageantry of the National People's Congress, China's Premier delivered his annual state-of-the-nation address. The headline figure: a growth target of 7.5 percent. It's the first time that's dipped below 8 percent since 2004.
A Russian billboard company, owned until last year by News Corp, is being scrutinized over possibly bribing public officials. The FBI began looking into News Corps' operations after its British newspapers were embroiled in a bribery and phone hacking scandal.
The trial to determine liability in the Deepwater Horizon spill was scheduled to start Monday in New Orleans. But late Friday, BP and some of the plaintiffs announced a settlement. The rest of the plaintiffs could still choose to take the case to trial.
The cut-priced Japanese cars first appeared in the U.S. in 1958. Datsun was produced by Nissan, which decided to phase out the brand in the 1980s. Now a Japanese newspaper says Nissan may bring it back.
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