Daily Archives: January 10, 2013

EPA raps Shell for Arctic air violations

The Environmental Protection Agency on Thursday rapped Shell Oil Co., for violating the terms of air pollution permits governing emissions from its drilling rigs and support vessels operating in Arctic waters last year.  More »

Lifeboats may be leaking fuel in Arctic waters

Lifeboats swept from Shell’s Kulluk drilling rig as it was battered by stormy seas may have leaked as much as 272 gallons of diesel fuel along an Alaskan island’s shores, according to Coast Guard officials  More »

Cold weather fuels Chinese inflation

Consumer prices post biggest rise in seven months in December, sparking fears accelerating inflation could limit Beijing’s room to stimulate economy  More »

RBS eyes bonus pot to recoup Libor losses

UK bank, which is in late-stage talks with regulators, may seek to divert up to £150m of the 2012 bonus pool to fund a fine expected to top £300m  More »

Java flaw poses malware threat to PC users

The vulnerability is prompting calls for PC and Mac users to disable Java on their computers  More »

SAP takes on Oracle with database move

German software group’s move comes sooner than expected and at a time when it high-speed database, Hana, is still in its early stages  More »

Kinder Morgan to grow Trans Mountain pipeline expansion

The Trans Mountain oil-pipeline expansion will carry 890,000 barrels a day under the bigger expansion plan. Kinder Morgan had reduced the scope of the expansion in May to 750,000 barrels a day.  More »

Manufacturers lobby against ‘unfettered’ natural gas exports

Some of the nation’s largest chemical makers and manufacturers on Thursday united as a new coalition to lobby against a wholesale rush to export America’s new natural gas bounty, which they say threatens some $80 billion in planned investments in new U.S. plants and assembly lines.  More »

Amex to cut 5,400 jobs in travel revamp

Most of the cuts will be made in the global travel business, which is being ‘fundamentally reinvented’ as a result of a ‘digital revolution’  More »

Biden to lay gun regulation groundwork

Despite the political sensitivities of gun control, the Obama administration presses ahead with efforts to address assault weapons and magazine capacity  More »

Global stocks hit 19-month high

Prices of growth-sensitive products are gaining ground as stronger-than-expected Chinese trade data boost optimism on the global economy  More »

Apple chief sees biggest market in China

Comments come amid speculation that a cheaper iPhone will be released this year, something analysts say is crucial to gaining share in emerging markets  More »

Mixed views on Lew as choice for Treasury

President praises Jack Lew’s integrity, but upcoming hearings will see him examined for his aptitude as Treasury secretary in a tough political climate  More »

Herbalife hits back at Pershing ‘myths’

The nutritional supplement company accused of being a pyramid scheme addresses allegations concerning distribution network and research  More »

Divorce Court and Public Policy

Columnist and author Bob Woodward recently observed about Congress and the White House that we have a situation that is like permanently being in divorce course with no settlement on who gets the kids. Every day that goes by it is clear that more gridlock is the likely future for important legislation and on other […]  More »
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