Money Matters - Simplified


Pick Up the Red Phone: It's Nucor's Dan DiMicco

I want a red phone. It's not that I'm fixated on the color, but I find the concept of a dedicated line to the people we most need to reach in times of distress to be a comforting proposition.

Youzhny survives 3-set challenge in Russia

St. Petersburg, Russia -- No. 1-seeded Mikhail Youzhny rallied from a set down Thursday to take a quarterfinals berth at the St. Petersburg Open tennis tournament in Russia.

Youzhny, the world No. 10, used five service breaks to get past the 260th-ranked Evgeny Donskoy 3-6, 6-3, 6-2. Donskoy had a break of Youzhny's serve in each set, which won him the first set but wasn't enough to offset his own loss of serve.

Youzhny will meet eighth-seeded Victor Hanescu in the quarterfinals Friday. They are two of the three seeded players left in the draw, joining No. 3-seeded Janko Tipsarevic, who locked up his quarterfinal berth Wednesday.

EPA rejects challenges to climate report

Washington -- The U.S. Environmental Protection Agency says it has denied 10 petitions challenging its 2009 determination that climate change is real and threatens humans.

Rejecting a series of critiques lodged by groups seeking to block federal regulation of greenhouse gas emissions, EPA officials declared that "climate science is credible, compelling and growing stronger," the Los Angeles Times reported Thursday.

Ten groups had petitioned to challenge that determination, which is known as the "endangerment finding," including the U.S. Chamber of Commerce, coal giant Peabody and the states of Texas and Virginia, the Times reported.

The EPA said it found no evidence to support the petitions.

U.S. farmers need help with challenges

Washington -- New challenges and expanding needs mean pressure on U.S. farmers who will need new agricultural policies and research to sustain them, a report says.

Asked to produce more, pollute less, predict consumer preference and still make a living, farmers will need help from national agricultural policies that look beyond just low costs and high production, a National Research Council report released Tuesday said.

Kate Gosselin scores badly with judges; seeks fans' support

It was yet another bad Monday for Kate Gosselin at the ‘Dancing with the Stars’ (DWTS). Though the mom of eight tried giving her best shot, judges again slammed her performance.