Daily Archives: January 7, 2013
Live blog: Apple earnings call
Quarterly results briefing described by some analysts as Apple’s “most important conference call in years More »
Lampert to take over as Sears chief quits
In recent years the group’s declining sales and profits have prompted analysts to raise questions over whether its performance can be revived More »
Inspectors set to look at rescued Shell drilling rig
A massive campaign to free a grounded Arctic drilling rig that employed more than a dozen ships and some 730 people cleared a big hurdle Monday, as salvagers pulled the vessel to safe harbor in Alaska. More »
Obama defies opposition to security team
Former Republican senator Chuck Hagel is nominated for defence secretary while John Brennan is the administration’s choice to head the CIA More »
Yum licking its wounds in China
KFC owner’s shares fall over announcement that allegations its suppliers injected growth hormonesand antiviral drugs into chicken beyond food safety limits will damage fourth-quarter earnings More »
Oil tanker Overseas Reymar hits San Francisco’s Bay Bridge
The oil tanker Overseas Reymar struck “a glancing blow” to a tower of the San Francisco-Oakland Bay Bridge after unloading crude at a Royal Dutch Shell refinery the day before.
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Chesapeake’s board to change salaries, structure
Chesapeake Energy Corp’s embattled board of directors is pursuing a set of changes in response to widespread criticisms, including to its compensation and rewards system for executives like CEO Aubrey McClendon, the company said Monday. More »
Motiva Port Arthur Halts Crude Unit Start as Clamp Fails
Motiva Enterprises LLC shut down the 325,000-barrel-a-day crude unit at the Port Arthur refinery days after trying to restart it when a clamp that was modified to fix an earlier leak failed. More »
Petrobras starts production at deepwater Sapinhoá field
Petróleo Brasileiro S.A. has initiated commercial production from the Sapinhoá field in block BM-S-9 in the presalt Santos basin through the Cidade de São Paulo FPSO. More »
Risk assets slip from multi-month highs
Growth-focused assets are mildly softer, pulling major ‘risk’ barometers back from multi-month highs as the new year rally loses impetus More »
Chávez cancer sparks leadership fears
It is not clear who will be left in charge in Venezuela if Hugo Chávez fails to attend the inauguration of his third six-year term as president More »
Shining a light on Wall St’s power role
US regulator has accused Barclays and Deutsche Bank of manipulating electricity markets and curtailed JPMorgan Chase’s rights to sell power More »
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