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U.S. markets recover from steep losses

NEW YORK, June 2 (UPI) -- W.R. Grace & Co. has bought the Edison, N.J., custom catalyst manufacturing assets of Basell USA.
Grace also said Friday that the acquisition includes Basell's related components business, all of which will be integrated into the Grace Davison operating segment. Terms of the deal were not disclosed.
The acquisition increases Grace's polyolefin catalyst manufacturing capabilities. Polyolefin catalysts and catalyst supports are essential components in the manufacture of resins used to make various plastics.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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