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Study: Ethanol Ineffective Energy Source

ALBANY, N.Y – Farmers, businesses and state officials are investing millions of dollars in ethanol and biofuel plants as renewable energy sources, but a new study says the alternative fuels burn more energy than they produce. Supporters of ethanol and other biofuels contend they burn cleaner than fossil fuels, reduce …

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Stocks Slump on Disappointing Fed Signals

NEW YORK – Stocks fell after the Federal Reserve raised key U.S. interest rates a quarter point for a ninth straight time and gave no sign a year-long campaign of rate increases was nearing an end. The blue-chip Dow Jones industrial average (search) dropped 99.51 points, or 0.96 percent, to …

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Magnitude 6.0 Quake Injures 27 in Japan

TOKYO – A magnitude-6.0 earthquake shook the Tokyo area Saturday, injuring at least 27 people, rattling buildings across the sprawling capital and temporarily suspending flights and train services. The earthquake struck at 4:35 p.m. (3:35 a.m. EDT) and was centered about 55 miles underground in Chiba prefecture (search), just east …

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