President Obama will meet with families affected by the Tornado in Oklahoma on Sunday. Sen. Tom Coburn (R-OK) shares his appreciation for the leadership in his state that has risen midst tragedy.» Read More
CHICAGO, March 5- Washington was due to be hit by heavy, wet snow on Wednesday as a fierce snowstorm headed east after blanketing the Midwestern United States, snarling traffic and causing hundreds of flight cancellations.
SEOUL, March 6- U.S. crude futures stayed close to $91 a barrel on Wednesday on optimism over Chinese oil demand, record-high U.S. equities and North Sea supply disruptions, though a higher than expected U.S. crude inventory build capped prices.
*China aims for 7.5 pct growth in 2013, same as 2012 target. NEW YORK, March 5- Brent crude broke a five-day losing streak on Tuesday, rising by more than 1 percent toward $112 a barrel on optimism over Chinese oil demand, record-high U.S. equities and North Sea supply disruptions. Brent crude futures rose $1.52 per barrel to settle at $111.61.
CHICAGO, March 1- Light snow fell in much of the drought-stricken U.S. Keeney said the heaviest snowfall would occur in west central Nebraska, northwest Kansas and eastern Colorado but the rain would extend into the southern Plains areas including Okahoma and Texas.
WASHINGTON, Feb 28- When the mayor of Baltimore, Maryland, talks about the federal spending cuts set to begin on Friday, she does not mention appropriations committees, line items or revenue rates. We have made Baltimore a safer city, but we're not where we need to be and this isn't the time to pull the rug out from under us. "
NEW YORK, Feb 27- Brent crude oil prices fell to a four-week low beneath $112 a barrel on Wednesday as the sixth straight weekly rise in U.S. crude oil stockpiles and a sharp slide in gasoline prices added to concerns about faltering demand.
*Iran, powers agree to further nuclear talks in Istanbul. Inventories of crude oil in the United States rose by 1.1 million barrels in the week to Feb. 22, the Energy Information Administration said in its weekly report. Brent crude shed 9 cents to $112.62 a barrel by 12:25 p.m. EST, earlier hitting a low of $112.23, its weakest point since Jan. 23.
A subsidiary of Buffett's Berkshire Hathaway, BH Media Group, said on Monday that it bought the 95,000 daily circulation Tuls time in Tulsa, Oklahoma- as he scours the United States for papers in small, community-focused markets.
Kansas bore the brunt of the storm, with up to 15 inches of snow in some parts of the state, according to the National Weather Service. A 200- mile stretch of Interstate 70 in central Kansas was closed and strewn with cars stuck in snow.
Winter storm warnings and advisories were in place for much of the central and southern Plains and into the upper Midwest and Mississippi River Valley as the storm moved east, packing snow, sleet and freezing rain, the National Weather Service said.
Feb 21- Chesapeake Energy Corp reported fourth-quarter profit that topped Wall Street estimates on Thursday, helped by lower-than-expected expenses and more profitable oil production. Phil Weiss, an analyst with Argus Research, said expenses in a number of areas came in below his projections while cash flow was higher than he anticipated.
Feb 21- Here are some key events in the history of Flowers Foods, a company that has grown through acquisitions to become the second-largest baking company in the United States. *1919- Flowers Baking Co founded by brothers William Howard Flowers and Joseph Hampton Flowers in Thomasville, Georgia. Flowers Bakery becomes Flowers Industries.
Feb 21- Chesapeake Energy Corp reported a quarterly profit that topped Wall Street views on Thursday, helped in part by lower-than-expected expenses. The Oklahoma City, Oklahoma, company posted a profit of $257 million, or 39 cents per share, in the fourth quarter, compared with $429 million, or 63 cents per share, in the same period a year earlier.
The Oklahoma City, Oklahoma, company posted a profit of $257 million, or 39 cents per share, in the fourth quarter, compared with $429 million, or 63 cents per share, in the same period a year earlier.
*Saudi Arabia to produce more crude in Q2-sources. *West to make "substantial and serious" offer to Iran. Expectations that Saudi Arabia intends to raise production in the second quarter added pressure, while a Western diplomat said major powers are ready to make "a substantial and serious offer" to Iran during talks on its nuclear program next week.
*Saudi Arabia to produce more crude in Q2-sources. NEW YORK, Feb 20- Crude oil futures fell sharply on Wednesday, joining in a sell off hitting precious metals and copper, as selling accelerated amid market talk that a hedge fund was forced to liquidate substantial positions.
*Saudi Arabia to produce more crude in Q2- sources. April Brent crude futures were down 56 cents at $116.96 a barrel after posting their first gain in four sessions on Tuesday.
Feb 20- Chesapeake Energy Corp said on Wednesday its internal probe of the financial dealings of outgoing Chief Executive Aubrey McClendon found no intentional wrongdoing. Last June, Reuters reported that Chesapeake had plotted with Encana Corp, its top competitor, to suppress land prices in the Collingwood shale formation in northern Michigan.
Feb 20- Chesapeake Energy Corp said on Wednesday its internal probe of the financial dealings of outgoing Chief Executive Aubrey McClendon found no intentional wrongdoing.
*Saudi Arabia to produce more crude in Q2- sources. April Brent crude futures were 40 cents down at $117.12 a barrel after posting their first gain in four sessions on Tuesday.