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Morgan Stanley plans to build and run a U.S. compressed natural gas export facility, even as it sells its physical oil business.
NEW YORK, Aug 29- Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.
BATON ROUGE, Louisiana— A firearms company at the center of the reality TV show " Sons of Gun" distanced itself from the star of the now cancelled program this week after he was arrested on charges of repeatedly raping a child. Will Hayden was arrested Tuesday. "Sons of Guns" began airing in 2011 and followed Hayden's family-owned custom firearms business.
Traders are bracing for the start of the autumn harvest in the Midwest in the coming weeks, with growers in Louisiana and Mississippi already bringing in crops with high yields.
LOS ANGELES— In a story Aug. 23 about the declining number of gay bathhouses The Associated Press reported erroneously that Todd Saporito, the CEO of Ohio- based Flex Spas, ran the Gay Games that were held in Cleveland. LOS ANGELES— Gay bathhouses that once remained in the shadows to stay in business are now seeking attention to keep their doors open.
NEW YORK— Women still have a hard time getting small business loans. Maria Cantwell is determined to close the gap. Cantwell, chairwoman of the Senate Committee on Small Business& Entrepreneurship, introduced legislation in July that would make it easier for women-owned companies to get loans and government contracts.
WASHINGTON— Burger King plans to become is the latest U.S. company to shift its legal address out of the country by merging with a foreign company. Burger King has announced plans to buy Tim Hortons, the Canadian coffee-and-doughnut chain.
NEW ORLEANS— A New Orleans company is voluntarily recalling about 2.2 million beanbag chairs after the chairs were implicated in the suffocation deaths of two children. The New Orleans Advocate reports Ace Bayou Corp. announced the recall Friday along with the U.S. Consumer Product Safety Commission.
Indonesia's chief economics minister, Chairul Tanjung, said he had got to a point where he felt only talking directly to the 76- year-old U.S. mining legend might break a deadlock in the six-month row, which had already cost Southeast Asia's top economy more than $1 billion and put thousands of jobs at risk.
It's taken away the need to sneak into back-alley places, "said Dennis Holding, 75, who owns a Miami- based bathhouse. In the last decade, bathhouses, including ones in San Diego, Syracuse, Seattle and San Antonio, have shut down and the total nationwide is less than 70. Most patrons are older.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell 17 this week to 1,896.. Of the major oil- and gas-producing states, Kansas gained two rigs while Arkansas, Louisiana, West Virginia and Wyoming each rose by one.
WASHINGTON— Conservatives should "stop the fight" over Common Core and instead consider the benefits that the academic standards offer students in struggling schools, former Arkansas Gov. The position puts him at odds with a significant bloc of Republicans.
The U.S. Consumer Product Safety Commission said Friday that the zippers on the chairs, which are made by Ace Bayou Corp., can open. A 13- year-old boy from McKinney, Texas, and a 3- year-old girl from Lexington, Kentucky, were found dead inside the chairs after they suffocated from a lack of air and inhaled the chair's foam beads.
NEW LONDON, Conn.— A New Jersey man has been banned from Connecticut's casinos after pleading guilty to using invisible ink to mark cards at one. Bruce Koloshi of Summit, New Jersey, was sentenced Wednesday to the 10 months he served since his arrest last September at Mohegan Sun.
SHELBYVILLE, Ky.— Global liquor giant Diageo PLC will raise its stakes in the growing bourbon sector by making its Bulleit whiskeys at a new Kentucky distillery, where the company's ambitious plans for the brand had a top company executive talking about a potential expansion even before initial construction begins.
Canada's Encana Corp invested $2 million to refrack two wells in Louisiana's Haynesville shale formation earlier this year, after seeing its production in the area dip 27 percent from 2012 levels. "There were a significant number of wells that we considered understimulated," said David Martinez, Encana's senior manager for Haynesville development.
GOP control of both the House and Senate would provide Hillary Clinton a clearer target courting voters fatigued by Washington dysfunction.
NEW YORK— American cities looking to be more innovative in how they address local issues can now get a helping hand from former New York City Mayor Michael Bloomberg's charitable foundation. "We're asking cities to do so much more," said James Anderson, who leads the government innovation programs at the foundation.
The federal government has sold more than 400,000 acres in the Gulf of Mexico off the Texas coast for oil and gas exploration and development, an official with the U.S. Bureau of Ocean Energy Management said Wednesday. BP PLC submitted the largest number of high bids, winning 27 of the 81 tracts that sold.
Canada's Encana Corp invested $2 million to refrack two wells in Louisiana's Haynesville shale formation earlier this year, after seeing its production in the area dip 27 percent from 2012 levels. "There were a significant number of wells that we considered unstimulated," said David Martinez, Encana's senior manager for Haynesville development.