Commodity Markets


CHATTANOOGA, Tenn. - Poor coal ash control practices and the Tennessee Valley Authority management culture led to the huge December 2008 spill on the Emory River in East Tennessee, the utility's inspector general said in a report released Monday.

Oil prices hovered above $75 a barrel Friday as an unexpected rise in German business confidence helped to shore up sentiment amid ongoing concerns about the pace of the U.S.

BEIJING - Chinese steel mills and mobile phone factories are being idled and thousands of homes in one area are doing without electricity as local governments order power cuts to meet energy-saving targets set by Beijing.

KUALA LUMPUR, Malaysia - Oil prices hovered below $74 a barrel Monday in Asia as uncertainty about the global economy's prospects outweighed possible production disruptions in the Gulf of Mexico due to hurricane season.

NEW YORK - Oil prices dropped on Tuesday following disappointing reports on consumer confidence and manufacturing.
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