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This Sept. 13, 2012 photo shows the San Onofre nuclear power plant along Pacific Ocean coastline in San Onofre, Calif. The operator of California's troubled San Onofre nuclear power plant on Thursday Oct. 4,2012 proposed to restart one of the plant's twin reactors, more than eight months after the seaside plant was shut down following a break in a tube carrying radioactive water. (AP Photo/Gregory Bull)

Feds again delay San Onofre nuke restart decision

Federal regulators have indefinitely delayed a decision on the proposed restart of the shuttered San Onofre nuclear power plant in California, raising new questions Monday about whether the twin reactors will produce electricity again.  More »
(shankool007/Flickr)

Alaska pushes to study Arctic refuge oil amid US reluctance

By Mark Drajem Bloomberg News Alaska’s government proposed investing its own cash in an assessment of oil reserves in the U.S. Arctic National Wildlife Refuge, seeking to prod the federal government to consider drilling in the protected area. With the Interior Department working on a management plan for the area, Republican Governor Sean Parnell’s administration [...]  More »

Investors vote in Dimon ‘referendum’

Investors demanding more board oversight vowed to press on even after talking down the prospects of winning a vote to install an independent chairman  More »

Oil inquiry widens to trading houses

The European Commission has days sent requests for information to Swiss-based commodities traders Glencore, Vitol and Mercuria, and possibly others  More »

Gold tumbles as silver hits 2½-year low

The grey metal falls to the lowest level since September 2010 in early Asian trading, amid thin trading volumes  More »

Construction workers strike in Dubai

Arabtec, one of the contractors that built the tallest tower in the world, said the company is ‘working to resolve the situation as quickly as possible’  More »

Actavis to buy Warner Chilcott for $5bn

All-stock deal could bring an end to recent merger talks around Actavis and will create a speciality pharma group with an annual $11bn in sales  More »

US lawyer expelled from Russia

Former Justice Department official was kicked out this month after he apparently refused to co-operate with Russia’s domestic spy agency, the FSB  More »

Anadarko executive to lead Chesapeake

As new head of the US gas producer, Doug Lawler will face a tough agenda of strengthening the group’s finances while still investing in production  More »

Anti-espionage tips for the traveller

Work trips can leave businesses particularly susceptible to security breaches but there are many ways to reduce the risk  More »

Yahoo’s $1.1bn Tumblr deal targets mobile

Chief executive Marissa Mayer targets growth on mobiles in her first comments since completing $1.1bn acquisition of social media website Tumblr  More »

Drumbeat: May 20, 2013

Wells Dry, Fertile Plains Turn to Dust Vast stretches of Texas farmland lying over the aquifer no longer support irrigation. In west-central Kansas, up to a fifth of the irrigated farmland along a 100-mile swath of the aquifer has already gone dry. In…  More »
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