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Archive for 'stocks'

Rain postpones work at Bridgeton landfill

May 21, 2013

A project at Bridgeton Landfill that was supposed to intensify odors was postponed a day because of rain and the potential for strong storms Monday afternoon.
Republic Services Inc. was scheduled to begin removing sections of reinforced concrete pipe on Monday. The project is part of the company’s strategy to reduce odors related to smoldering deep […]

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India Cuts Rates Third Time to Extend Sole BRIC Easing - Bloomberg

May 3, 2013

India cut interest rates for a third straight meeting to revive growth, extending the only reduction in borrowing costs among major emerging nations this year.
Governor Duvvuri Subbarao lowered the repurchase rate to 7.25 percent from 7.50 percent, the Reserve Bank of India said in Mumbai today, as 33 of 40 analysts in a Bloomberg […]

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FBI court records recount ‘gray side’ of Pilot

April 28, 2013

When federal agents descended on the Knoxville headquarters of Pilot Flying J on April 15, it was the first inkling the public and company executives had of an FBI and Internal Revenue Service investigation that began nearly two years ago.
After the country’s largest diesel retailer sought to downplay the probe, federal officials took the unusual […]

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Mother sentenced to more than two years jail time in connection to death of infant son

April 4, 2013

A woman has been sentenced to 27 months in prison in connection to the death of her nine-week-old son in a bizarre case where the infant boy’s body has yet to be recovered.
Both parents Ricky Ray Doodhnaught, 32, and Nadia Ayyad, 24, have been implicated in the case that dates back to November 2011 when […]

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Savings account seizure plan draws fury in Cyprus

March 19, 2013

A plan to seize up to 10 percent of savings accounts in Cyprus to help pay for a (EURO)15.8 billion financial bailout was met with fury Monday, and the government shut down banks until later this week while lawmakers wrangled over how to keep the island nation from bankruptcy.
Though the euro and stock prices of […]

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Nigeria hostages: 7 killed workers include citizens of Lebanon, Greece, Britain, Italy

March 11, 2013

KANO, NIGERIA—Radical Islamic fighters killed seven foreign hostages in Nigeria, European diplomats said Sunday, making it the worst such kidnapping violence in decades for a country beset by extremist guerrilla attacks.
Nigeria’s police, military, domestic spy service and presidency remained silent over the killings of the construction company workers, kidnapped Feb. 16 from northern Bauchi state. […]

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Stocks close higher despite more Europe worries

November 23, 2012

Stocks closed out a quiet pre-Thanksgiving trading day higher as investors focused on positive U.S. economic numbers instead of renewed questions over Greece’s solvency.
European finance ministers failed to finalize the details of a debt-reduction package for Greece before the close of their meeting Wednesday.

Still, the Dow Jones industrial average, the […]

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Election deadlock? ‘The last thing the market wants’

November 8, 2012

No matter their politics, investors have a clear worst-case election scenario: No victor on Tuesday night.
If the close race between President Barack Obama and challenger Mitt Romney turns into a prolonged recount, expect stocks — and possibly the economy — to take a tumble.

“In a race this tight, with absentee […]

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Hurricane Sandy: How wireless networks are preparing

October 31, 2012

As Hurricane Sandy churned toward the Northeast, wireless carriers spent the weekend battle-proofing their networks.
, Fortune 500) readied repair equipment, , Fortune 500) engineers deployed backup generators just outside the storm path and , Fortune 500) installed new batteries at cell sites. The nation’s three major carriers shut down most retail […]

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DOJ accuses BP of ‘gross negligence’ in Gulf oil spill

September 6, 2012

The U.S. Department of Justice is accusing oil company BP of gross negligence and a “culture of corporate recklessness,’ in the 2010 Gulf of Mexico oil spill, a charge that could significantly increase the damages BP could be forced to pay in the case.
In a federal court filing Friday, the DOJ said […]

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