Daily Archive for January 14th, 2013
The Seaway expansion now carries the glut of oil at the Cushing, Okla. hub to Gulf Coast refineres, helping to lift prices of West Texas Intermediate crude. Forecasts of cold weather in the Northeast also are boosting crude.
The report and recommendation were filed in federal court in New Orleans late Monday.
US technology group’s stocks rise 13% despite concerns over likelihood of $21bn deal in present economic climate
The $700 million case against Citgo and ExxonMobil, accusing the companies of contaminating more than 40,000 wells in New Hampshire with the fuel additive MTBE, launched Monday with attorneys exchanging charges of nefarious legal moves.
The influential pro-gun lobby group releases an app that includes a 3D shooting game, stirring controversy as the country debates new gun regulation
Kurt Mix’s trial was scheduled to start Feb. 25, but U.S. District Judge Stanwood Duval Jr. moved it to June 10.
Global stocks started the week at a fresh 19-month high but the new year rally is struggling for traction despite a sharp rise in Shanghai
Office of the Comptroller of the Currency criticises bank for risk management failures after multibillion-dollar loss on credit derivatives
World’s largest asset manager hires former Goldman Sachs partner Wang Hsueh-ming amid moves by China to make its capital markets more investor-friendly
Social media channels and blogs erupted with a debate over who should have access to information and to what extent government prosecutors should police these online services