After gallons of crude oil gushed from the Exxon Valdez and soiled Alaskan's grounds, oil spill responders fear that another disaster is looming.» Read More
OTTAWA, April 3- Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in coverage carried by railways, the president of Canada's second-largest rail operator said on Thursday.
The 2,858- mile pipeline would link trillions of dollars worth of oil in land-locked fields in the western province of Alberta to an Atlantic port in the Irvings' eastern home province of New Brunswick, north of Maine, creating a gateway to new foreign markets for Canadian oil.
OTTAWA, March 24- Quebec police have concluded their investigation into last July's oil-by-rail disaster in the Quebec town of Lac-Megantic in which 47 people were killed, and have turned the file over to the public prosecutor's office, a police spokesman said Monday.
OTTAWA, March 24- Quebec police have concluded their investigation into last July's oil-by-rail disaster in the Quebec town of Lac-Megantic, in which 47 people were killed, and have turned the file over to the public prosecutor's office, a police spokesman said Monday.
OTTAWA, March 14- Canada will bring in new rules making it easier to quickly shut down unsafe railroads, the government said on Friday, eight months after 47 people died in the Lac-Megantic, Quebec, crude-by-rail disaster. This could put an immediate stop to the company's railway operations in Canada, "it said.
TORONTO, March 13- Toronto-Dominion Bank hopes to expand its U.S. wealth management business, targeting a million people with at least $100,000 in liquid assets who already are customers of its growing U.S. retail bank, said a senior executive of Canada's second-largest lender.
WASHINGTON, March 7- The price for power plants to emit 1 ton of carbon dioxide in nine northeastern U.S. states cleared at a record $4 per short ton at the Regional Greenhouse Gas Initiative's 23rd permit auction, the market's administrator said Friday.
BOSTON, March 6- General Electric Co said on Thursday it will stop paying its senior executives dividends on stock awards that have not yet vested, after investors urged the company to end the long-held perk.
*First speech ever by an EPA head at CERAWeek. McCarthy's speech in Houston to IHS CERAWeek, the largest meeting of energy executives in the world, was the first by an EPA administrator since the conference began 33 years ago.
HOUSTON, March 6- Carbon regulations can be crafted to help offset climate change without "shutting down business in its tracks," U.S. "We don't have to choose between a healthy environment and a healthy economy," McCarthy, who has run the EPA for nearly a year, said about new rules she said would be proposed by June.
By 2018, the median price of single-family homes will be close to the peak reached in 2006 before the national market cratered, according to the study from the Demand Institute, a nonprofit think tank operated by The Conference Board and Nielsen.
NEW YORK, Feb 13- Interpreting U.S. economic figures in the last couple of months has taken on a familiar pattern: wonder about possible weakness in demand, and then shrug and dismiss it all as a product of bad weather.
WASHINGTON, Feb 13- Forty-two U.S. representatives and senators have announced plans to leave their seats in Congress in advance of mid-term elections in November, including 24 Republicans and 18 Democrats. The latest to announce his departure was Representative Doc Hastings, a 10- term Republican from Washington state.
*Cisco falls after results, outlook. *Comcast to buy Time Warner. NEW YORK, Feb 13- U.S. stocks were set for a lower open on Thursday, weighed by a disappointing outlook from Cisco Systems and weaker-than-expected data on consumer spending and the labor market.
The nine states- Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island and Vermont- last month approved a change to the program from 2014 that would cap emissions at 91 million tons, a 45 percent reduction from the original cap, to encourage more trading.
WASHINGTON, Jan 31- The U.S. Defense Department said on Friday it would conduct environmental impact studies for four possible missile defense sites in the eastern United States but stressed it had not yet decided to proceed with construction.
The likely bump reflects feedback from Time Warner Cable investors Charter has received in its two-week roadshow, that person added. Time Warner shares were up 2 percent in after-hours trading at $136 following Reuters' report on the higher bid possibility. Representatives for Charter, Comcast and Time Warner Cable declined to comment.
WASHINGTON, Jan 30- More than a quarter of U.S. states had public pension liabilities that were greater than their total revenues in fiscal 2012, Moody's Investors Service said in a report on Thursday that also indicated the struggle to pay for public employee retirement had peaked.
LONDON, Jan 27- In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area, who would be responsible for the compensation for deaths, injuries, damage to property and environmental clean up?
SEATTLE, Jan 25- North American members of the International Association of Machinists and Aerospace workers on Saturday nominated challengers seeking to replace top union leaders, a move that could lead to a tougher negotiating stance toward major companies.