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In light of Sunshine Oilsands' quarterly loss, John Zahary, President and CEO, says the company's projects are in pre-production stage and revenue will start coming in soon.
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The State Department posted about 100,000 comments late on Thursday and plans to release sets of a similar number each week, a process that will take about three months. "This marks the first time the Department has made all individual comments on a Presidential permit application available to the public," a State Department release said.
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NEW YORK, May 24- Oil prices rose in late afternoon trading in New York on Friday after a report of a gasoline unit shutdown at a refinery, and as traders bought contracts to cover short positions ahead of a long holiday weekend in the United States.
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NEW YORK, May 24- Canada's Valeant Pharmaceuticals International is nearing a deal to acquire eye care company Bausch& Lomb Holdings Inc from Warburg Pincus LLC for about $9 billion, a person familiar with the matter said on Friday.
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NEW YORK, May 24- Canada's Valeant Pharmaceuticals International is nearing a deal to acquire eye care company Bausch& Lomb from private equity owner Warburg Pincus LLC for about $9 billion, a person familiar with the matter said on Friday. The person requested anonymity because the matter is not public.
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*JA Solar, ReneSola shares hit 1- year highs. Manufacturers such as JA Solar Holdings Co Ltd and ReneSola Ltd, reliant on low-margin Chinese sales after trade wars with the United States and Europe, are pushing into Japan and emerging economies where solar panel demand is rising.
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WASHINGTON, May 24- Orders for long-lasting U.S. manufactured goods rose more than expected in April, a hopeful sign that a contraction in factory output could soon run its course. New orders for durable goods, which range from toasters to aircraft, increased 3.3 percent last month, the Commerce Department said on Friday.
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NEW YORK-- Think of Sears like a Jenga game, an analyst said Friday, with a few too many blocks pulled out and the entire structure on the brink of collapse. The analogy came after Sears Holding Cos., which operates Sears and Kmart stores, reported a bigger-than-expected loss for its first quarter on slumping sales.
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Immigration reform has taken a big step to becoming law, but some experts worry that the emphasis on security could create a demilitarized zone along the borders.
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*Corruption arrests unprecedented in Cuba. Canada's ambassador to Cuba, Matthew Levin, attended the trial but did not speak to reporters. The arrests were unprecedented for Cuba, where foreign businessmen suspected of corruption are usually deported.
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*Pentagon report shows $4.5 bln drop in F-35 cost. WASHINGTON, May 23- The Pentagon on Thursday told Congress it expected a 1 percent drop in the cost of its biggest weapons program, the Lockheed Martin Corp. F-35 fighter jet, while averting the huge cost increases seen on other weapons programs in recent years.
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WASHINGTON, May 23- Quebec will announce within weeks that it will launch its own public review of a proposed pipeline that would deliver crude oil from western Canada to eastern markets, its environment minister said Thursday.
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WASHINGTON, May 23- The Pentagon's annual report to Congress shows a decline of $4.5 billion, or just over 1 percent, in the projected development and acquisition cost of the Lockheed Martin Corp F-35 fighter jet program, sources familiar with the data said on Thursday.
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WASHINGTON, May 23- Quebec will announce within weeks that it will launch its own public review of a proposed pipeline that would deliver crude oil from western Canada to eastern markets, its environment minister said Thursday.
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NEW YORK, May 23- We are living in the age of the technocrats. From Washington to Frankfurt to Rome, technocrats have stepped in where politicians feared to tread, rescuing economies, or at least propping them up, in the process.
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WASHINGTON, May 23- The U.S. government will require meat packers to explicitly list the origin of beef, pork and chicken sold in U.S. grocery stores, it said on Thursday, a regulation intended to resolve years of disputes with Canada and Mexico.
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*Earned C $1.90 a share, vs analysts' forecast of C $1.91. TORONTO, May 23- Toronto-Dominion Bank reported a 2 percent increase in quarterly earnings as higher trading, business lending and U.S. banking income offset slowing loan growth in its core Canadian market.
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The closed trial of 53- year-old Sarkis Yacoubian, originally from Armenia and the owner of import firm Tri-Star Caribbean, was expected to last two days. Canada's ambassador to Cuba, Matthew Levin, did not speak to reporters as he walked in the front gate.
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WASHINGTON, May 23- Meat packers will be required to explicitly list the origin of beef, pork and chicken sold in U.S. grocery stores, the government said on Thursday, a regulation intended to resolve years of disputes with Canada and Mexico. Meat from other countries could carry labels such as, for example, "Born in Mexico, Raised and Slaughtered in the United States."
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May 23- Marathon Oil Corp said on Thursday that negotiations to sell a portion of its 20 percent stake in the Athabasca Oil Sands Project in Canada ended without a deal.
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MONTREAL-- More than one million Montreal residents are being told to boil their drinking water after a malfunction at Canada's second-biggest filtration plant. The advisory applied to most of Montreal. City spokeswoman Valerie De Gagne and others describe it as unprecedented.