Americans buy most of the world's yachts but few are actually made here. One company in Louisiana is trying to change that, reports CNBC's Robert Frank.» Read More
The U.S. shale boom may help create millions of jobs around the country, a study showed on Thursday—and some may pop up where you least expect.
WASHINGTON, Nov 14- President Barack Obama is set to tout the U.S. economic recovery during a visit to an Ohio steel mill on Thursday even as he faces more questions about the troubled rollout of his signature healthcare law.
WASHINGTON, Nov 12- The growing pressure on President Barack Obama to adjust his problem-plagued healthcare law seemed to boil over on Tuesday, as leaders of Obama's Democratic Party called on him to allow a change in the law so that Americans who are happy with their health plans could keep them.
WASHINGTON, Nov 12- President Barack Obama on Tuesday named Timothy Massad, a lawyer who oversaw the U.S. government's $700 billion bank bailout program, as the next head of one of Wall Street's most powerful supervisors.
WASHINGTON, Nov 12- President Barack Obama plans to name Timothy Massad, a lawyer who earned his spurs at the country's bank bailout program, as the next head of the U.S. swaps regulator, according to a White House official.
WASHINGTON, Nov 12- President Barack Obama plans to name Timothy Massad as the next head of the U.S. swaps regulator, a White House official said, picking a lawyer who earned his spurs at the nation's bank bailout program.
Nominated by President Barack Obama to succeed Fed Chairman Ben Bernanke when his term expires in January, Yellen will have to endure plenty of heated anti-Fed rhetoric from Republicans on Thursday, when she appears before the Senate Banking Committee.
NEW ORLEANS, Nov 8- A trip by President Barack Obama to the Port of New Orleans on Friday was an opportunity for him to focus on the economy and divert attention from the troubled launch of his signature healthcare insurance program.
NEW ORLEANS, Nov 8- President Barack Obama made a pitch on Friday to create jobs by fixing roads, dredging ports and modernizing the U.S. air traffic control system, urging Congress to focus on these investments as it tries to work out a budget deal by a January deadline.
WASHINGTON, Nov 7- President Barack Obama apologized on Thursday to Americans who are losing their healthcare insurance policies, saying in an interview that he regrets "we weren't as clear as we needed to be" about the reforms of his landmark healthcare restructuring.
Federal Reserve Vice Chair Janet Yellen will likely secure sufficient votes to be confirmed as the next head of the central bank, according to one of her harshest critics in the Senate who sits on the banking panel that will vet her for the job.
Gazyva, previously known as GA101, was approved in the United States last week as an initial treatment for patients with chronic lymphocytic leukemia, or CLL, one of the most common forms of blood cancer. It is awaiting approval decisions in Europe and other markets.
*Equatorial Guinea pushing new gas supply deals across Africa. *BG currently selling Equatorial Guinea's LNG in Asia. ABIDJAN, Nov 7- Equatorial Guinea may seek to revise some aspects of a controversial deal with BG Group as it moves to export more gas to Africa, its oil minister said.
*Energy Transfer, Enbridge Inc end partnership in Gulf access project. *Energy Transfer aims to move volumes from Enbridge and others. HOUSTON, Nov 6- Energy Transfer Partners LP shelved a new Louisiana- only leg of its Eastern Gulf Crude Access pipeline project over lack of shipper interest, Chief Operating Officer Marshall McCrea told analysts on Wednesday.
*Gavilon has oil storage and pipelines in Oklahoma, Texas, Louisiana. Nov 6- U.S. energy logistics firm Gavilon LLC has kicked off the first of several big trading house deals that are set to recast the market landscape in a $890 million sale to propane gas supplier NGL Energy Partners LP.
*Gavilon has oil storage and pipelines in Oklahoma, Texas, Louisiana. Nov 6- U.S. energy trader Gavilon LLC has been bought by propane gas supplier NGL Energy Partners LP for $890 million, marking the first deal in what is expected to be a broad ownership reshuffle of global trading firms.
*Gavilon has oil storage and pipelines in Oklahoma, Texas, Louisiana. *Gavilon owned by Soros Fund Management, Ospraie Management and General Atlantic. Nov 6- Propane gas supplier NGL Energy Partners LP said it would buy Gavilon LLC, a pipeline company partly owned by funds managed by Soros Fund Management, for $890 million to expand its terminal business.
NEW YORK, Nov 1- U.S. natural gas prices at Henry Hub, a key supply point in Louisiana, are expected to average $3.71 per million British thermal units in 2013, down 4 percent from a previous poll published in July but still 34 percent above last year's 13- year-low average of $2.77. For a related story, click on. COMPANY 2013 PREVIOUS 2014 2015.
"Next year we see production growth accelerating, and to the extent we require coal displacement to balance, the market will still be oversupplied," said Biliana Pehlivanova, head of gas and power research at Barclays in New York.
WASHINGTON, Oct 29- U.S. officials weighing the climate impact of the proposed Keystone XL oil pipeline connecting Canada to U.S. Gulf Coast refiners are zeroing in on the question of whether shipment by rail is a viable alternative to the controversial project, industry sources say.