Daily Archives: January 8, 2013

Brief fire prompts shutdown of reactor at Bay City nuke plant

One of the South Texas Project’s nuclear reactors was shut down after a transformer fire Tuesday, but the reactor was not damaged, a plant spokesman said.  More »

Ex-SAC analyst named 20 alleged insider traders

Prosecutors tell judge that Wang ‘contributed substantially’ to the criminal convictions of more than 10 individuals  More »

Dish outbids Sprint in Clearwire race

Sprint hits back at its rival, saying it has ‘no intention’ of waiving any of its rights as Clearwire’s largest shareholder and biggest customer  More »

US oil imports to fall to 25-year low

Energy Information Administration, a government agency, predicts that net imports of liquid fuels will fall to about 6m barrels per day in 2014  More »

White House weighs total Afghan pullout

As Barack Obama and Hamid Karzai prepare for talks in Washington this week, a security official says the US is considering a ‘zero option’ after 2014  More »

Chávez will miss inauguration, say officials

Vice-president Maduro acts to dispel impression of power vacuum with crackdown on hoarding but opposition will push for his rival to be interim leader  More »

Alcoa forecasts boost in aluminium demand

Company reported underlying earnings in line with analysts’ expectations at 6 cents per share for the fourth quarter, on revenues of $5.9bn  More »

Biden to open US gun control campaign

US vice-president joins Gabrielle Giffords, former congresswoman injured in a 2011 shooting in Tucson, in call for action but conservatives fight back  More »

Deloitte report boosts natural gas exports

A study concludes that U.S. natural gas prices would rise about 15 cents per million British thermal units by 2030 if exports are allowed.  More »

Galaxy lifts Samsung profit to record

Group estimates operating profit leapt 88% to Won8.8tn in the fourth quarter as mobile handset sales surged despite competition from Apple’s iPhone  More »

The long wait for a Sears turnround

Share drop shows many investors share concerns of retail experts who say Lampert has failed to define a clear strategy for the struggling retailer  More »

Equities slip as focus turns to earnings

Stock benchmarks are retreating from recent multimonth peaks as the post-cliff new year rally fades and attention starts to turn to corporate earnings  More »

Fed weighs foreign banks derivatives deal

The Lincoln amendment to Dodd-Frank Act could up costs for foreign banks by forcing US branches to move all derivatives trades to outside affiliates  More »

Dreamliner fuel leak hits Boeing shares

Shares in the aircraft maker fell after a 787 Dreamliner made by the US company was forced to abandon its planned flight from Boston to Tokyo  More »

Feds order Arctic drilling probe after rig accident

The federal government has opened a probe into the grounding of Shell’s Arctic drilling rig Kulluk, and investigation that could set back the company’s multibillion-dollar effort to explore in Alaska’s Chukchi and Beaufort seas.  More »
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