(AP Photo/U.S. Coast Guard)

Salvage crew inspects grounded Arctic drilling rig

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Coast Guard officials were taking advantage of a break in fierce winds and high seas on Wednesday to send surveillance flights and a salvage crew to the scene of Shell’s grounded Arctic drilling rig.

Clinton released from New York hospital

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US secretary of state is ‘making good progress on all fronts’ four days after doctors discovered a bloodclot in her head linked to a concussion
Categories: Uncategorized

Christie spurs House to vote on Sandy aid

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Governor of New Jersey was one a number of Republicans who chastised the party’s leaders in the House for allowing a $60bn relief package to expire
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Cliff deal lifts markets but strife looms

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Monday’s rally triggered by the fiscal cliff deal may not last long, as the White House and Republicans position themselves for even greater confrontations
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Archana Deskus has been named Chief Information Officer at Baker Hughes, effective Jan. 14, 2013.

Baker Hughes names Archana Deskus CIO

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Deskus joins Baker Hughes after two years as chief information officer at Ingersoll Rand. She replaces Clif Triplett, who quietly stepped down recently.

BofA raises lending after cuts

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Chief expects company to overtake JPMorgan Chase in direct-to-consumer mortgage lending and be ‘more aggressive’ in loans to companies
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Tax truce spurs global risk rally

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Global stocks jumped, with the S&P 500 posting its biggest one day in more than a year, as a relief rally swept risk assets higher in the wake of a cliff deal
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(Image: Fotolia)

Oil price jumps as U.S. averts ‘fiscal cliff’

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Benchmark crude for February delivery rose $1.30 to $93.12 a barrel
Categories: Crude oil

Altivia Corp. ended 2012 with a $125 million deal

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Houston-based Altivia Corp. is sold to Germany’s Brenntag for $125 million, but its chemical affiliate remains independant.
Categories: Deals

Macau casinos end year on a high

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Gaming revenues jump 19.6% to a monthly record in December but growth for the full year slows markedly as overall gross revenue hits $38bn
Categories: Uncategorized