Vantage Energy said it has postponed its initial public offering of common shares, citing unfavorable market conditions.» Read More
SIOUX FALLS, S.D.— South Dakota's oil and gas production is a fraction of North Dakota's, though the organizer of a conference this week in Spearfish said the southern neighbor could prosper if companies step up to supply much-needed products and services to the burgeoning oil patch.
Jerry Brown on Tuesday signed the nation's first statewide ban on single-use plastic shopping bags, following the lead of more than 100 California cities and counties. The fight between environmentalists and manufacturers is not over, as plastic bag makers vow to take their opposition to the ballot box.
NEW YORK, Sept 30- A federal judge said Novartis AG must face a U.S. government lawsuit accusing the Swiss drugmaker of paying multimillion-dollar kickbacks, including a $9,750 dinner for three at a Japanese restaurant, to induce doctors to prescribe its drugs.
Sept 30- PennTex Midstream Partners LP, a master limited partnership formed by PennTex Midstream Partners LLC, filed with U.S. regulators for an initial public offering of common units.
AUGUSTA, Maine— Another major energy company has made a proposal to the Maine Public Utilities Commission to expand natural gas pipeline capacity in the state. Houston- based Spectra Energy Corp. filed a plan Monday in which the state could contract to secure specific supplies of lower-cost natural gas on two proposed projects.
CHICAGO— Officials say ridesharing giant Uber will create 420 jobs in the next two years in a major expansion of its Chicago regional headquarters. Pat Quinn joined in the announcement Monday. Uber's Chicago office covers the company's central region, including Texas and Canada.
SACRAMENTO, Calif.— California would become the first state to allow family members to petition judges to take away relatives' guns if they are deemed to be dangerous under a bill facing a Tuesday deadline for action by the governor.
Alex Padilla, D- Los Angeles, credits the momentum for statewide legislation to the more than 100 cities and counties, including Los Angeles and San Francisco, that already have such bans. The law marks a major milestone for environmental activists who have successfully pushed plastic bag bans in cities across the U.S., including Chicago, Austin and Seattle.
Microsoft to offer early look at next Windows. SAN FRANCISCO— Microsoft plans to offer a glimpse of its vision for Windows this week, as its new CEO seeks to redefine the company and recover from missteps with its flagship operating system.
A Qantas Airbus A380 touched down Monday at Dallas-Fort Worth International Airport about 15 hours after leaving Sydney, Australia, on the 8,578- mile journey. Qantas previously flew the Sydney- Dallas route with the Boeing 747, which required a stopover in Brisbane, Australia.
FRANKFURT/ NEW YORK- Officials from Pimco and its German parent Allianz scramble to contain the fallout from star bond manager Bill Gross' stunning exit last week, and money continues to leave the firm, giving a huge boost to rival bond houses like DoubleLine, which saw record inflows. Canada's Encana to buy Athlon Energy for $5.93 bln.
NEW YORK— Work force accommodations company Civeo said Monday that it will reincorporate in Canada to lower its tax payments and improve its financial flexibility. Civeo was spun off from Oil States International Inc. earlier this year, and was conducting a review of its options.
DALLAS— As their plane climbed away from Belize City, American Airlines pilot Brian Will and his co-pilot were ready to detour several hundred miles to avoid a wall of bad weather in front of them. The system on Will's plane was made by Rockwell Collins Inc. and just hit the market in February.
Sept 29- Civeo Corp, the provider of oilfield accommodation services recently spun off by Oil States International Inc, surprised Wall Street on Monday by saying it would not convert to a real estate investment trust and would instead relocate to Canada for tax purposes.
NEW YORK— Tibco Software Inc. said Monday that it is selling itself to private equity firm Vista Equity Partners for about $3.98 billion. Vista Equity, which owns several software companies, has offices in Austin, Texas, Chicago and San Francisco.
The department store chain, which also operates Bloomingdale's, said Monday that the growth is being fueled by its expanding online business.
CALGARY, Alberta, Sept 29- Encana Corp, Canada's largest natural gas producer, said on Monday it expects production from Athlon Energy Inc's Texas properties to rise to 50,000 barrels per day in 2015 from a current 30,000 bpd on planned capital spending of $1 billion next year.
NEW YORK— Oil and natural gas company Encana is buying Athlon Energy Inc. for $5.93 billion in an effort to boost is oil production by tapping into Texas's booming Permian Basin. Canada's Encana Corp. will also assume $1.15 billion in debt, bringing the transaction's total value to approximately $7.1 billion.
Dave& Buster's Entertainment Inc. is the parent company of Dave& Buster's Inc., which runs facilities that sell food and drinks and also offer video games, televisions to watch sports and other activities.
Sept 29- Encana Corp, Canada's largest natural gas producer, said it would buy Athlon Energy Inc for $5.93 billion in cash, excluding debt, as it accelerates its plan to focus on more-lucrative oil and natural-gas liquids.