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The boom in new oil and natural gas flowing through U.S. pipelines is beginning to ripple through the wider American economy.
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PROVIDENCE, R.I.-- Retired social worker Jim Gillis was told his $36,000 Rhode Island state pension would increase by $1,100 next year to keep up with inflation. He and other retirees are challenging the pension changes in a court battle that's likely to have national implications as other states follow Rhode Island's lead.
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Jerry Brown last month signed legislation expected to save billions of dollars in coming years by increasing the retirement age for new employees, limiting annual pension payouts to $132,120 and requiring workers who are not contributing half of their retirement costs to pay more.
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PROVIDENCE, R.I.-- Retired social worker Jim Gillis was told his $36,000 Rhode Island state pension would increase by $1,100 next year to keep up with inflation. He and other retirees are challenging the pension changes in a court battle that's likely to have national implications as other states follow Rhode Island's lead.
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WASHINGTON, Oct 5- Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth of fines to their states.
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WASHINGTON, Oct 5- Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth of fines to their states.
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Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,398 rigs were exploring for oil and 437 were searching for gas. Of the major oil- and gas-producing states, Texas lost 10 rigs, Louisiana and North Dakota each dropped by three and Alaska and Oklahoma were down two apiece.
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NEW YORK, Oct 5- As the calendar page flips to October, we are fully and unquestionably into autumn.
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NEW YORK, Oct 5- U.S. natural gas futures mostly edged up slightly on Friday, backed by cold U.S. weather forecasts for the next week that should stir more demand despite early pressure from Thursday's bearish weekly inventory report and a mild mid-month outlook. I don't see how you get bullish here, "a Texas- based cash trader said.
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BATON ROUGE, La.-- The LSU governing board backed a plan Thursday to deepen cuts to $152 million for the university-run public hospitals that care for the poor and uninsured, eliminating dozens of inpatient beds, clinic services and nearly 1,500 jobs.
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NEW YORK, Oct 5- As the calendar page flips to October, we are fully and unquestionably into autumn.
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WASHINGTON-- A federal strike force has charged 91 people, including a hospital president, doctors and nurses, with Medicare fraud schemes in seven cities involving $429 million in false billings. The law enforcement effort focused on fraudulent Medicare schemes in Baton Rouge, La.; Brooklyn, N.Y.; Chicago; Dallas; Houston; Los Angeles and Miami.
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Starbucks is making an app for that. A similar option will also be available on Square, a new payment app that Starbucks customers will be able to use starting in November.
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NEW ORLEANS-- The Coast Guard says an estimated 76 gallons of crude oil spilled from an oil platform operated by Apache Corp. off the coast of southeast Louisiana. Petty Officer 2nd Class Bill Colclough said the spill was reported to authorities on Tuesday.
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NEW YORK, Oct 4- U.S. natural gas futures edged higher early on Thursday ahead of weekly storage data, resuming a run up that earlier in the week brought the nearby contract to its highest mark this year. As of 9:49 a.m. EDT, front-month November natural gas futures on the New York Mercantile Exchange. were at $3.416 per mmBtu, up 2.1 cents.
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NEW ORLEANS-- Some New Orleans residents and city officials are pushing back against tour operators who bus out-of-towners into the city's Lower 9th Ward, where Hurricane Katrina unleashed a wall of water that pushed homes off foundations and stranded residents on rooftops when the levees failed.
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JACKSONVILLE, Fla.-- Discount retailer Stein Mart Inc. said on Thursday said that a key sales figure rose 2.4 percent in September, hurt in part by stores closing in the wake of Hurricane Isaac. Stein Mart operated 262 stores at the end of September, one more than it had a year earlier. Its shares rose 5 cents to $8.65 in morning trading.
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CHARLOTTE, N.C.-- Cato Corp., a women's clothing store, said on Thursday that a key measure of September revenue fell 4 percent, and it said its third-quarter earnings will be at the low end of its guidance.
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They join returnees Heart, Joan Jett and the Blackhearts, Randy Newman, Donna Summer and Kraftwerk among the 15 artists vying for entry.
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Oct 3- American Airlines and its pilots union resumed contract talks Wednesday, but other problems continued to beset the bankrupt carrier. "I will never ride on American Airlines ever again," said Tony Palm, who was stranded when a connecting flight on American from Chicago to New York's LaGuardia airport was canceled last month.
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Wednesday's decision by the 5th U.S. Circuit Court of Appeals in New Orleans came amid a separate labor dispute by the airline's 8,000 pilots and its parent company, AMR Corp., which filed for bankruptcy in November.