Business

8:23pm

Mon February 27, 2012
Business

Denver City Council Approves Icelandair Incentives

An Icelandair Boeing 757
Icelandair

The Denver City Council voted Monday night to approve two financial incentives for Icelandair, which will begin flights to Denver International Airport in May.

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1:24pm

Mon February 27, 2012
Crisis In The Housing Market

Cash Buyers Squeezing Out Traditional Home-Seekers

Dan Grohs (left) with real estate agent Pat Paulson in front of a foreclosed Minneapolis home. Grohs hopes to buy the house with cash.
Annie Baxter NPR

Not everyone wants to buy a mold-infested foreclosure, but Dan Grohs does.

He and his Realtor are walking through a three-bedroom house in Minneapolis. The copper pipes have been stolen by vandals and the heat doesn't work, but Grohs recently bid on the house — and he sees potential.

"It's got a nice flow to it," Grohs says as he moves through the home. "You walk in — living room, dining room, kitchen. Good spacious rooms."

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11:31am

Mon February 27, 2012
The Salt

Judge Dismisses Organic Farmers' Case Against Monsanto

Originally published on Tue February 28, 2012 9:37 am

Farmer Alan Madison fills a seed hopper with Monsanto hybrid seed corn near Arlington, Illinois, U.S. A group of organic and other growers say they're concerned they'll be sued by Monsanto if pollen from seeds like these drift onto their fields.
Daniel Acker Landov

A New York federal court today dismissed a lawsuit against agribusiness giant Monsanto brought by thousands of certified organic farmers. The farmers hoped the suit would protect them against infringing on the company's crop patents in the future.

The Organic Seed Growers and Trade Association and several other growers and organizations do not use Monsanto seeds. But they were betting that the judge would agree that Monsanto should not be allowed to sue them if pollen from the company's patented crops happened to drift into their fields.

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11:18am

Mon February 27, 2012
The Two-Way

TransCanada To Begin Work On One Portion Of Keystone Pipeline

After a proposal to build an oil pipeline from Canada to Texas was denied by the Obama administration, TransCanada says it will start building the Oklahoma-to-Texas portion of the Keystone XL pipeline.

If you remember back in January, the administration told TransCanada to reapply for a permit on the 1,700 mile pipeline when it had plans to avoid the environmentally sensitive Sandhills of Nebraska.

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6:49am

Mon February 27, 2012
Your Money

Warm Winter Is Helping Consumers Cope

Originally published on Mon February 27, 2012 12:14 pm

A woman takes in the sunshine while reading in Central Park on Feb. 1 in New York City, where temperatures topped 60 degrees.
Mario Tama Getty Images

The rapidly rising price of gasoline has not stalled the economic recovery — at least not yet. And one reason for that may be found in fields of daffodils.

This year's unusually warm winter has held down heating costs, helping consumers spend less on their monthly utility bills.

"Weather plays a big role" in determining what's left in your checking account as winter wraps up, said Jonathan Cogan, a spokesman for the Energy Information Administration.

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