April 26- Lower oil prices hit Chevron Corp's quarterly profit as the second-largest U.S. oil company faced refinery downtime and higher operating costs in its home market, though its shares rose as the earnings topped expectations.
April 26- Weaker oil prices ate into Chevron Corp's first-quarter profits, while the second-largest U.S. oil company also took a hit from downtime at two of its three biggest U.S. refineries. First-quarter net income fell 4.5 percent to $6.18 billion, or $3.18 per share, from $6.47 billion, or $3.27 per share, a year earlier.
April 26- Weaker oil prices ate into Chevron Corp's first-quarter profits, while the second-largest U.S. oil company also took a hit from downtime at two of its three biggest U.S. refineries. First-quarter net income fell 4.5 percent to $6.18 billion, or $3.18 per share, from $6.47 billion, or $3.27 per share, a year earlier.
In a budget proposal released earlier this month, the Obama administration raised the possibility of selling TVA as the company nears its federally mandated debt cap of $30 billion. Johnson, however, said TVA did not expect to reach the cap.
April 23- Barge shipping on the Illinois River and parts of the Mississippi River will remain impeded until at least early next week as the flood-swollen waterways slowly recede from record- or near-record-high crests, according to the U.S. Coast Guard and Army Corps of Engineers.
April 22- Commercial shipping traffic was moving again on the Mississippi River south of St. Louis after a pair of barge accidents that forced the U.S. Coast Guard to close the waterway over the weekend, but navigation remained severely impaired further north.
April 22- The Mississippi River reopened to commercial navigation on Monday afternoon along a 15- mile stretch near St. Louis after an aerial survey found that none of the 11 barges that sank in the channel over the weekend posed a risk to navigation, the Coast Guard said.
April 22- Barge shipping on the Illinois River and parts of the Mississippi River was at a standstill on Monday as flooding forced the closure of numerous locks and crews worked to recover dozens of barges that broke free in flood-swollen currents.
*BP shifts blame to Transocean, Halliburton. NEW ORLEANS/ SAN FRANCISCO, April 22- BP Plc's attempt to get a U.S. federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it billions of dollars.
The U.S. Coast Guard closed the Mississippi between river mile markers 155 and 170 near St. Louis after 114 barges broke free from a fleeting area late on Saturday and 11 of them sank. The Coast Guard did not have an estimate for when navigation may resume.
April 19- Unemployment rates dropped in most U.S. states in March from the year before, including California where joblessness fell to a four-year low, as the recovery picked up in places hit hard by the housing downturn.
WATERTOWN- One suspect in the Boston Marathon bombing was killed during a shootout with police and a massive manhunt was underway for the second suspect in the Boston suburb of Watertown, officials said on Friday.
CHICAGO, April 19- Torrential downpours across a broad swath of the U.S. The Army Corps of Engineers is closing locks along a 150- mile stretch of the Mississippi River from roughly Davenport in Iowa to Hannibal, Missouri. The Mississippi and other major rivers are expected to begin cresting Sunday- and likely will run over levies in some areas.
CHICAGO, April 18- Heavy rains and flooding brought havoc to the Chicago area on Thursday, shutting expressways, delaying commuter trains, cancelling flights, flooding basements and closing many suburban schools. The National Weather Service issued flash flood warnings lasting into the evening for the entire Chicago area.
April 18- Eight Mississippi River locks between Muscatine, Iowa, and Clarksville, Missouri, were expected to close beginning on Friday as the rain-swollen waterway rises above flood stage, the U.S. Army Corps of Engineers said on Thursday.
CHICAGO, April 18- Heavy rains and flooding brought havoc to the Chicago area on Thursday, shutting major expressways, delaying commuter trains for hours, cancelling flights, flooding basements and closing dozens of suburban schools. The National Weather Service has issued flash flood warnings for the entire Chicago area.
Homeland Security Secretary Janet Napolitano confirmed on Thursday that the FBI was searching for people seen on a video taken near the finish line. "There is some video that has raised the question of those that the FBI would like to speak with," Napolitano said in Congressional testimony on Thursday. "
WASHINGTON- The FBI arrested a Mississippi man on Wednesday in connection with letters sent to President Barack Obama and two other officials that are believed to have contained the deadly poison ricin, the U.S. Justice Department said.