flood

The 10 Costliest Floods in American History

Last week, the Army Corps of Engineers flooded Vicksburg, Miss., to save New Orleans, an awful choice that speaks volumes about how hard it is for even modern technology to fight Mother Nature. 24/7 Wall St. looks back at other times when water won the battle.

Sugar Prices Surge on Australian Cyclone

Sugar prices hit three-decade highs of almost 36 cent a pound Wednesday due to the anticipated effects of the monstrous category 5 cyclone that just hit Australia, the world's third-largest sugar producer, which was already suffering from the effects of recent storms and floods.