JACKSON, Miss.— Southern Co. says it has signed a deal with a state-owned Chinese coal and energy company to work together to develop coal technologies, based in part on the coal gasification and carbon capture technology that Southern subsidiary Mississippi Power Co. is deploying at the $5 billion Kemper County power plant.
But Congress will have to act fast. Foxx's warnings this week echo ones by President Barack Obama, who cautioned in February that unless Congress finished a bill by summer's end then "we could see construction projects stop in their tracks."
NEW YORK— Shares of Goodrich Petroleum climbed Monday after the oil and gas company reported results from a new oil well in eastern Louisiana. The well is in the Tuscaloosa Marine Shale, which spans parts of Louisiana and western Mississippi. Goodrich Petroleum Corp. stock rose $5.11, or 27.8 percent, to $23.51 in afternoon trading.
JACKSON, Miss.— A Jackson man was indicted Wednesday on charges that he defrauded his bankrupt business of more than $9 million. William "Butch" Dickson faces charges in U.S. District Court in Jackson.
WASHINGTON, April 8- A U.S. Senate panel on Tuesday approved Timothy Massad as the next chairman of the Commodity Futures Trading Commission and two other commissioners to head the swaps and futures markets watchdog. The only nominee to draw a "no" vote, from Senator Thad Cochran of Mississippi, was Sharon Bowen, a partner at law firm Latham& Watkins in New York.
JACKSON, Miss.— Nissan Motor Co. says it has settled an unfair labor practice charge with a pro-union worker at its assembly plant in Canton, Miss.. Wells remains an employee and Nissan spokesman Justin Saia said the company denies wrongdoing.
*All retail supplies recalled in U.S. and Puerto Rico. LONDON, March 27- GlaxoSmithKline is recalling all supplies of its non-prescription weight-loss drug Alli in the United States and Puerto Rico after customers reported finding other pills and tablets in some bottles.
March 26- Some bottles of Alli, GlaxoSmithKline Plc's weight-loss drug sold over the counter in the United States, have been tampered with, and the Food and Drug Administration was investigating, the company said on Wednesday.
March 26- GlaxoSmithKline Plc said some bottles of its weight-loss drug Alli bought in the United States had been tampered with and that the U.S. Food and Drug Administration was investigating. Consumers reported that some bottles bought in stores in seven states contained products other than the drug, the company said on Wednesday.
WASHINGTON, March 10- The U.S. Supreme Court on Monday agreed to consider whether class action claims against underwriters of securities issued by a unit of the now-defunct IndyMac Bancorp Inc should be able to proceed.
WASHINGTON, March 7- Top Airbus executives on Friday said they still hoped to expand the company's share of the shrinking U.S. defense market but did not see a large U.S. acquisition target in the near-term.
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.
WASHINGTON, Feb 17- A conservative group that helped defeat an organizing campaign by the United Auto Workers in Tennessee will take its anti-union fight to other auto plants in the South, its leaders said on Monday.
CHICAGO, Feb 13- Farmland values in the Midwest mostly edged higher in the fourth quarter of 2013 with the market tone improving from the weakness the prior three months and easing some concerns about a potential farmland "bubble" that has worried bankers and policymakers.
CHICAGO, Feb 13- Prices of quality farmland in the southern Midwest and mid-South region of the U.S. crop belt edged higher in the fourth quarter, bouncing back from a third-quarter slide which halted years of gains, the Federal Reserve Bank of St Louis said on Thursday.
CHICAGO, Feb 13- Quality farmland prices in the southern Midwest and mid-South region of the U.S. crop belt edged higher in the fourth quarter, bouncing back from a third-quarter slide which halted years of gains, the Federal Reserve Bank of St Louis said on Thursday.
The technology has not yet been deployed on a commercial scale, but the EPA highlighted the pending Kemper project in September when the agency unveiled plans to set strict limits on the amount of carbon dioxide that can be generated by newly-built U.S. power plants. Southern Co tried to distance itself from the EPA at that time.
Feb 4- A U.S. farm bill was passed by the U.S. Senate on Tuesday and sent to President Barack Obama for his expected signature. The legislation, which was approved by the House of Representatives last week, will cost an estimated $956 billion over 10 years, a savings of about $16.6 billion compared with current funding, according to the Congressional Budget Office.
Feb 4- Health insurer Centene Corp reported a nearly six-fold rise in quarterly profit, helped by new contract wins and expansion of existing contracts. Net earnings attributable to Centene rose to $53.2 million, or 93 cents per share, in the fourth quarter, from $9.1 million, or 17 cents per share, a year earlier.
WASHINGTON/ DETROIT, Feb 3- A historic, far-reaching vote of blue-collar workers at Volkswagen AG's Tennessee plant on whether they wish to be represented by the United Auto Workers will be held Feb. 12-14, the German automaker and U.S. union said on Monday.