A US judge rejected a bid to compel GM to tell customers to stop driving millions of cars that have been recalled for defective ignition switches.» Read More
NEW YORK, April 15- Apple Inc on Tuesday lost an attempt to dismiss lawsuits by state attorneys general accusing it of conspiring with five major publishers to fix e-book prices. Following a non-jury trial, Cote in July found that Apple from 2009 to 2010 conspired with the publishers to raise e-book prices and impede competitors such as Amazon.com Inc..
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.
WEST, Texas, April 15- Not far from an enormous crater where a fertilizer plant stood before an explosion there killed 15 people, lifeless and uprooted trees surround boarded-up homes spray-painted with "OK."
The Dow Jones U.S. Home Construction index has regained much of the ground lost in the second half of 2013, when rising mortgage rates and wider economic uncertainty broke an 18- month winning streak for homebuilder stocks. The average forecast covers D.R. Horton Inc, PulteGroup Inc, Lennar Corp, KB Home and Toll Brothers Inc..
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."
The U.S. 6th Circuit Court of Appeals concluded that prosecutors presented enough evidence to back their contention that 53- year-old Christopher Cello Smith of Prestonsburg, Ky., and 58- year-old Michael D. Smith of Cookeville, Tenn., defrauded thousands of investors.
FORT WORTH, Texas— Energy Future Holdings is still not ready to file its already delayed annual report, the company said in a filing Tuesday with the federal Securities and Exchange Commission.
HOUSTON— Noble Energy CEO Charles Davidson is retiring in the fall after more than a decade leading the oil and gas producer. Stover, 56, joined Noble Energy in 2002. Before that, he worked at oil companies BP, Vastar Resources and Atlantic Richfield.
Europe's banks prepare for ECB tests with new provisions. LONDON- The tens of billions of euros euro zone banks set aside for loan losses in their latest annual accounts may have substantially reduced the chance of institutions failing ECB stress tests in the next few months.
Attorney General Eric Holder urged Congress on Tuesday to approve a $15 million funding request to better equip law enforcement and first responders to handle active shooters.
*In talks with JBIC, other banks to finance Freeport investment. TOKYO, April 15- Osaka Gas Co is looking to buy a stake in at least one U.S. shale gas project to help supply fuel to the Freeport LNG project in Texas, a senior company official said on Tuesday.
*Dry weather in France, Germany seen threat to wheat yields. LONDON, April 15- Wheat prices on the Chicago Board of Trade edged higher on Tuesday, moving back towards the prior session's two-week peak, boosted by cold, dry weather in the U.S.
WEST CHESTER, Pennsylvania, April 15- The backbreaking life of a roughneck, the iconic worker bees of oilfield drilling rigs, is getting a little easier.
*Harsh U.S. weather, Ukraine tensions limit losses. SINGAPORE, April 15- U.S. wheat dipped on Tuesday after rising the most in three weeks in the last session, but losses were limited by concerns over cold weather hitting the U.S. winter crop and tensions in key grain supplier Ukraine.
April 14- Mark Karpeles, the founder of Mt. Gox lawyers cited a subpoena from the U.S. Department of Treasury's Financial Crimes Enforcement Network, which has closely monitored virtual currencies like bitcoin. The court papers also said a Japanese court had been informed of the issue and that a hearing was scheduled on Tuesday in Japan.
SINGAPORE, April 15- U.S. wheat futures edged lower on Tuesday after rising the most in three weeks in the prior session, but a modest drop suggests investors remain concerned about weather impacts on the U.S. crop and tensions over Ukraine.
*Corn follows wheat; strong export data lends support. Corn and soybeans followed wheat higher, with corn buoyed by strong weekly export inspections data. At the Chicago Board of Trade, May wheat settled up 18-1/ 2 cents at $6.78-3/ 4 per bushel, while the KC May hard red winter wheat contract ended up 22-1/ 2 cents at $7.42.
Helped by strong government support, plentiful labour and an abundant supply of raw materials like steel, China could become a major offshore oil equipment manufacturing hub in less than 10 years, industry executives say, just like Singapore and South Korea overtook the United States and Europe in the 1990 s.
NEW YORK, April 14- Brent crude oil rose more than $1.50 on Monday as tensions escalated in Ukraine, while U.S. crude rose modestly after positive retail sales data signaled a rebound in the U.S. economy.
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.