The Bay Area beat out South Florida, which lost its bid to stage an 11th Super Bowl VI when the state Legislature did not support financing to renovate Sun Life Stadium.» Read More
The storm dumped record snowfalls in North Texas and Arkansas and left two people dead in weather-related traffic accidents. Tornadoes touched down in Alabama, Mississippi and Texas. Entergy Corp's Arkansas utility took the brunt of the storm's fury.
Dec 19- SandRidge Energy Inc said it will sell its Permian Basin properties in west Texas to privately held oil and gas company Sheridan Production Partners for $2.6 billion. But investors seemed to have since warmed to the deal, sending the company's shares up more than 7 percent to $7.00 in after market trading.
*Obama proposes higher taxes for incomes over $400,000. LONDON, Dec 18- Brent crude oil rose above $108 a barrel on Tuesday on signs of progress in talks to resolve a U.S. budget crisis, easing fears the world's top oil consumer could tip into recession.
LONDON, Dec 18- Brent crude oil rose above $108 a barrel on Tuesday on signs of progress in U.S. talks to resolve a budget crisis that threatens to tip the world's top oil consumer into recession.
SINGAPORE, Dec 18- Brent crude rose above $108 a barrel on Tuesday as the outlook for oil demand improved on signs of progress in U.S. talks to resolve a budget crisis that threatens to dip the world's top oil consumer into recession again.
SINGAPORE, Dec 18- Brent crude rose above $108 a barrel on Tuesday, on expectations of a revival in demand growth as the United States made progress in talks to resolve a budget crisis that threatens to dip the world's top oil consumer into recession again. Brent crude rose 59 cents to $108.23 a barrel by 0333 GMT, reversing most of the previous session's losses.
SEATTLE, Dec 17- United Airlines and Boeing Co confirmed Monday that a second plane in United's fleet of 787 Dreamliners had suffered electrical problems, notching up to three the tally of 787 s that have developed electrical issues this month.
HOUSTON, Dec 17- The U.S. Nuclear Regulatory Commission may issue a decision in March on whether operators of the damaged San Onofre Unit 2 nuclear reactor in California can restart the unit, according to a timeline on the agency's website.
HOUSTON, Dec 17- The U.S. Nuclear Regulatory Commission may issue a decision on whether operators of the damaged San Onofre Unit 2 nuclear reactor in California can be restarted in March, according to a timeline on the agency's website.
HOUSTON, Dec 17- Two years on, a gusher of U.S. shale oil production is finally starting to seep into California, where refiners in the country's most isolated fuel market are waging an increasingly desperate battle to curb costs.
HOUSTON, Dec 14- Chesapeake Energy Corp has offered buyouts to 275 employees as part of the U.S. oil and gas company's effort to cut costs amid persistent low natural gas prices and heavy debt. Under pressure from large investors, including Carl Icahn, Chesapeake has said it will reduce its debt to $9.5 billion in early 2013..
Dec 14- Schlumberger Ltd, the world's top oilfield services company, said on Friday its fourth-quarter earnings would be hurt by weaker-than-expected drilling activity in North America and contract delays in Europe and Africa. Schlumberger estimated the slowdown will hurt its earnings by 5 cents to 7 cents per share in the fourth quarter.
Dec 14- David Coolidge may still be the king of U.S. natural gas hedge fund managers but his $2 billion Velite Capital has made less than half of last year's money while one of his biggest rivals is headed for a loss in an unusually tricky year for traders.
HOUSTON, Dec 13- A Texas judge on Thursday lifted a temporary restraining order filed by a landowner that had halted some of TransCanada Corp's work on a pipeline to carry heavy crude oil from Oklahoma to Texas refineries.
WASHINGTON, Dec 12- Joe Lewis Allbritton, a media mogul and owner of the scandal-plagued Riggs National Bank, died on Wednesday at a hospital in Houston. Allbritton died of heart ailments, said Jerald Fritz, a senior vice president of Allbritton Communications.
WASHINGTON, Dec 12- Joe Lewis Allbritton, a media mogul and owner of the scandal-plagued Riggs National Bank, died on Wednesday at a hospital in Houston. Northeast and ABC network affiliates.
LONDON, Dec 12- Deutsche Bank will make steep staff cuts at its U.S. and European power and gas trading desks, with the departures of dozens of traders and its global head of commodities, David Silbert.
MILAN, Dec 11- A year after Eni announced the largest discovery in its exploration history, a giant gas find in Mozambique, rival oil companies are falling over each other to get a piece of the action. "It was clear from the start it was a major discovery that changed the ball game," a source close to the Milan- based company told Reuters.
*Analysts see little long-term effect on Boeing from problems. Dec 5- Airlines flying Boeing Co's new 787 Dreamliners need to take extra steps to ensure the planes don't have engine failures or fires because of a manufacturing fault in the fuel line, a U.S. regulator said Wednesday.
*FAA cites manufacturing flaws at Boeing plants. *Boeing says order makes mandatory checks it already urged. WASHINGTON, Dec 5- The U.S. Federal Aviation Administration confirmed Wednesday it is requiring inspection of Boeing Co's new 787 Dreamliners after the discovery of fuel leaks traced to a manufacturing flaw at Boeing plants.