Stocks lift even as oil prices soar near $123 a barrel - Forbes
Posted by: admin in Latest NewsStocks lift even as oil prices soar near $123 a barrel - Forbes
Wall Street reversed early losses to trade higher Tuesday, as investors monitored the movements of record-high oil prices but still laid bets that the economy and companies are in recovery mode. Crude oil climbed to a record near $123 a barrel on the
Japanese trade team to inspect North Dakota wheat - BusinessWeek
A Japanese trade team will be inspecting wheat breeding, production and marketing during a visit to North Dakota, the state Wheat Commission said. The representatives of four Japanese milling companies on Thursday and Friday were to meet with wheat
Oil companies settle MTBE groundwater suit - International Herald Tribune
NEW YORK : A dozen oil companies concurred to pay $423 million (217 million pounds) in cash plus clean-up costs to settle litigation over groundwater contamination from the gasoline additive, MTBE, lawyers representing public water utilities and public
Oil firms to settle MTBE lawsuits - CNN Money
NEW YORK (AP) — At least two major oil companies stated late Wednesday they have concurred to settle lawsuits over the use of the gasoline additive MTBE, a potential carcinogen that has been found in drinking water. Representatives of Valero Energy Corp
MTBE settlement could grow - Houston Chronicle
NEW YORK — Major oil companies’ multimillion-dollar payment to 153 public water systems to cleanse wells of a potentially carcinogenic gasoline additive could grow if more tainted wells are discovered over the next 30 years. Companies including
Several companies disclose layoffs in Texas - MSN MoneyCentral
DALLAS (AP) - Several companies have recently disclosed pending layoffs in Texas, including a number involving more than 100 workers apiece, according to regulatory filings. Citigroup, the nation’s largest bank by assets, notified the Texas Workforce
Drug companies defend TV advertisements before Congress - MSN MoneyCentral
Merck & Co Ord Shs ( MRK ) Stock Quote , Chart , News , Add to Watchlist WASHINGTON (AP) - Some of the nation’s largest pharmaceutical companies defended their Television advertisements Thursday from Democrats pushing for tougher restrictions on what they
Senate Democrats unveil new energy tax plan - MSNBC
WASHINGTON - Democrats in the U.S. Senate on Wednesday unveiled a new energy package that would revoke $17 billion in tax breaks extended to big oil companies like Exxon Mobil Corp and slap a 25 percent windfall profits tax on firms that don’t invest
Technology Group Plans Wireless Network - New York Times
SAN FRANCISCO — A who’s who of technology and telecommunications companies announced Wednesday that it intended to build the first of a new generation of nationwide wireless data networks. The consortium includes a disparate group of partners
Senate Democrats seek to tax oil companies - Boston Globe
WASHINGTON— Senate Democrats on Wednesday called for a temporary windfall profits tax on oil companies and a rollback of $17 billion in oil industry tax breaks as part of an energy package. The proposal also would impose federal penalties on energy
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