Nortel Cutting 3,200 Jobs; Agrium Makes Hostile Bid for CF Industries; Ambac Posts $2.34 Billion 4Q Loss; Obama Picks Locke; Oil Rallies; SanFran Chronicle Could Close

Fertilizer producers have been whacked by falling prices. But Matt Weinschenk says long-term food production will have to increase rapidly to keep pace with demand in the coming decades. And that means big business for companies like CF Industries’ (NYSE:CF).