NEW DELHI. There were elaborate floats and colorfully attired dancing children, ornate floral displays and lots of soldiers, tanks and missiles.
Oil prices turned positive on Monday, erasing early losses after the Secretary-General of the OPEC producer group said he expected the market to bottom out around current levels.
NEW ORLEANS - It will be oil giant BP's turn Monday to call witnesses as it makes its case for a civil penalty lower than the $13.7 billion the federal government is seeking for the 2010 Gulf of Mexico oil spill.
Air travel to New York is being slashed as carriers scrap thousands of U.S. flights to keep planes, crew and passengers out of the path of a blizzard threatening the Northeast with as much as 2 feet of snow.
MeadWestvaco Corp. (MWV:US) agreed to merge with rival U.S. packaging company Rock-Tenn Co. (RKT:US) in a deal valued at about $8.4 billion to create the world's second-largest packaging company.