Daily Archives: January 2, 2013
Salvage crew inspects grounded Arctic drilling rig
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. More »
Clinton released from New York hospital
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 More »
Christie spurs House to vote on Sandy aid
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 More »
Cliff deal lifts markets but strife looms
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 More »
Baker Hughes names Archana Deskus CIO
Deskus joins Baker Hughes after two years as chief information officer at Ingersoll Rand. She replaces Clif Triplett, who quietly stepped down recently. More »
BofA raises lending after cuts
Chief expects company to overtake JPMorgan Chase in direct-to-consumer mortgage lending and be ‘more aggressive’ in loans to companies More »
Tax truce spurs global risk rally
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 More »
Oil price jumps as U.S. averts ‘fiscal cliff’
Benchmark crude for February delivery rose $1.30 to $93.12 a barrel More »
Altivia Corp. ended 2012 with a $125 million deal
Houston-based Altivia Corp. is sold to Germany’s Brenntag for $125 million, but its chemical affiliate remains independant. More »
Macau casinos end year on a high
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 More »
Shell faces crucial test in the Arctic
Royal Dutch Shell is gearing up for a key test of its Arctic equipment this month as the oil major’s plans to drill off Alaska suffer fresh setbacks More »
Buffett to build world’s largest photovoltaic solar project
In his latest renewable energy investment, Warren Buffett’s MidAmerican Energy Holdings Co. will spend up to $2.5 billion to build two solar projects in California. More »
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