The explosions and fire, which critically injured three people, occurred across the Mobile River from where the Carnival Triumph is being repaired.» Read More
But the case for reform is weak and there is little chance of a significant change owing to TVA's powerful political connections.
BIRMINGHAM, Ala., May 9- Alabama's Jefferson County expects to file a plan by late June to exit its landmark $4.2 billion municipal bankruptcy, a lawyer for the county said on Thursday.
WASHINGTON, May 9- In the first legislative test for the U.S. Senate's bipartisan immigration bill, the Judiciary Committee defeated repeated efforts by Republicans on Thursday to significantly delay legalization for 11 million undocumented immigrants, a central focus of the bill.
WASHINGTON, May 9- In the first legislative test for the U.S. Senate's bipartisan immigration bill, the Judiciary Committee rejected a Republican attempt to significantly delay the legalization process for 11 million undocumented immigrants, a central focus of the bill.
BIRMINGHAM, Ala. May 9- Alabama's Jefferson County expects to file a "largely consensual" plan by late June to exit its record $4.2 billion municipal bankruptcy, a lawyer for the county said on Thursday.
MONTGOMERY, Ala.-- A state board started a review of Alabama Power's rates Wednesday after completing one for Mobile Gas that could lead to lower rates. The Public Service Commission's review of Alabama Power rates began with a discussion of the origin of its rate stabilization plan. Alabama Power is a subsidiary of Southern Co..
BIRMINGHAM, Ala., May 9- Alabama's Jefferson County is close to an agreement with some creditors and expects to file a plan by late June to exit its $4.2 billion municipal bankruptcy, a lawyer for the county said on Thursday. Jefferson County appears likely to become the first big U.S. local government to impose losses on bondholders since 1930 s.
Now these same funds may be poised to descend on another landscape: struggling cities and counties- and no place beckons more than Detroit.
May 7- Alabama's Jefferson County will brief a federal judge on Thursday on its progress toward exiting from bankruptcy, as the county appears likely to become the first big U.S. local government to impose losses on bondholders since the 1930 s.
May 7- Southern Natural Gas Co said in a website posting that expansion-related work at the Enterprise natural gas compressor station in Mississippi was completed and the station returned to service on Monday.
LONDON, May 7- U.S. coal miners have been among the biggest victims of the shale revolution and tougher emission controls on power plants. U.S. coal miners produced about 1,016 million short tons last year, down just over 7 percent from 1,094 million tons a decade earlier, according to estimates published by the U.S. Energy Information Administration.
Facebook looks to video ads as it seeks new revenue streams () Colony's $2 bln bid for IMG rejected in favour of auction () BofA reaches $1.7 bln mortgage settlement with MBIA () European Commission charges Motorola over patent () U.S. plans sale of remaining GM stake () Protests mount on use of BP Gulf spill funds () U.S. regulators eye Bitcoin supervision () Overview.
May 6- Benjamin F. Edwards& Co, a boutique brokerage with family ties to the old A.G. Edwards& Sons, said on Monday it added nine new advisers and opened two new offices in Alabama and Florida. In Alabama, former Wells advisers Steven Phillips and Thomas Luttrell moved to Benjamin Edwards to open a new office for the firm in Birmingham.
ResCap Chief Executive Thomas Marano has resigned as the mortgage subsidiary of auto lender Ally Financial Inc works its way out of bankruptcy. He has also worked at Korea Merchant Banking Corp and Arthur Andersen Consulting.
Like Old Faithful, Yellowstone will open on time this season, thanks to fundraising efforts, but many federal programs are feeling the pain of sequestration cuts. The NYT reports.
*Shipping industry has a history of support in Congress. During a lobbying blitz in the past month, roughly 130 tugboat and barge operators fanned across Capitol Hill, meeting with lawmakers and congressional staffers.
*Chung downplays market speculation of new U.S. plant for Hyundai or Kia. SEOUL, May 6- Hyundai Motor Group does not immediately plan to build a new car factory in the United States, Chairman Chung Mong- koo said on Monday, downplaying speculation that the South Korean automaker would soon announce production facilities in the key market.
NEW YORK, May 3- The Pulitzer Prize-winning author of "To Kill A Mockingbird," Harper Lee, on Friday sued her literary agent, claiming he tricked her into assigning the copyright on her book to him.
*Cap hike of $750 mln for Brazil plant considered- source. FRANKFURT, Germany, May 3- Germany's ThyssenKrupp is considering keeping a stake in Brazilian steel mill CSA, which would force it to inject more money into the business, a person familiar with the matter said. "One of the options that has emerged is that ThyssenKrupp would sell a one-third stake to CSN.
WASHINGTON, May 2- As they finalize budgets for the next fiscal year, many states are sending a message to the U.S. government about the effects of spending cuts known as sequestration on federally funded projects: You're on your own.