April 29- Patriot Coal Corp on Monday will seek court permission to slash healthcare and pension benefits for about 13,000 union workers, an issue that has set off weeks of street protests by affected workers. The company, which declared bankruptcy last year, said it wants to save $150 million a year on its labor obligations to help it regain profitability.
*;HSBC raises target price to Tl 98 from Tl 96; rating neutral. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
*Airlines, FAA say safety not affected by furloughs. Without any debate, the Senate unanimously passed legislation giving the Department of Transportation flexibility to use unspent funds to cover the costs of air traffic controllers and other essential employees at the Federal Aviation Administration.
*Airlines, FAA say safety not affected by furloughs. Under bipartisan legislation that is all but ready to be presented to the full Senate, the Department of Transportation would be given new flexibility to take unspent funds and use them to cover the costs of air traffic controllers and other essential employees at the Federal Aviation Administration.
The company, as part of its $1.5 billion Blue Racer Midstream joint venture with Caiman Energy II, LLC, will add two more gas processing plants to the one already expected online in May, said Tom Farrell during a Thursday earnings conference call.
The House of Representatives could vote soon after but leaders in that chamber first want to see what the Senate produces, fearing a retreat on this issue could open the door to easing other budget cuts. One option senators are exploring is attaching legislation to an unrelated Internet sales tax bill currently being debated, a Senate aide said on Thursday.
WASHINGTON, April 25- U.S. Senate leaders are looking at ways to alleviate widespread airline flight delays- brought about by last month's automatic federal spending cuts- with legislation that could be voted upon as early as Thursday, a Senate aide said.
In California the unemployment rate fell to 9.4 percent, the lowest since December 2008 and more than a percentage point below March 2012, when it was 10.7 percent. California and Nevada, two places where housing had flourished, have consistently had some of the highest unemployment rates in the country over the last few years.
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.
*Factory activity slowest in six months in April. WASHINGTON, April 23- U.S. factory activity expanded at its slowest pace in six months in April, the latest sign that economic growth continued to lose momentum early in the second quarter, though the recovery has not been derailed.
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.
Nov. 1993- Fire in a Sino-Hong Kong joint venture toy factory in southern Shenzhen province, China, kills 84 workers. Nov. 1993- Explosions and fire in the explosives workshop of a chemical plant kill 61 workers in central Hunan province, China. June 1994- A textile plant at Zhuhai, China, burns down and then collapses.
WASHINGTON, April 12- President Barack Obama has asked a mother whose 6- year-old son was killed in the Newtown, Connecticut massacre to deliver his weekly radio address, an unusual move expected to turn up the pressure on Congress to pass tougher gun control laws.
FCC Chairman Julius Genachowski will leave the commission in coming weeks and the letter to Obama, signed by 37 senators, calls Rosenworcel "a superb candidate" who is "equally respected" by the telecommunications industry, public safety community and public interest groups.
March 22- A Williams Cos natural gas gathering pipeline ruptured in Marshall County, West Virginia, a spokesman confirmed on Friday. At approximately 12:20 p.m. on Friday, company personnel "detected a possible line rupture on a 24- inch natural gas pipeline near Cameron on Fish Ridge Road," the spokesman told Reuters in an emailed statement.
March 22- A natural gas pipeline has exploded in Marshall County, West Virginia, local media reports said on Friday.
Suppliers like T. Boone Pickens' Clean Energy Fuels, Royal Dutch Shell and China's private ENN Group are scrambling to build natural gas fueling stations along U.S. highways, while Cummins-Westport Inc will begin later this year selling a 12- liter natural gas engine able to power the biggest trucks on the road.
WASHINGTON, March 18- A Republican senator from Missouri on Monday said he will place a hold on President Barack Obama's nominee to head up the Environmental Protection Agency until it moves forward with a project to repair a levee on the Mississippi River.
But many small airports across the United States face losing this extra pair of eyes starting April 1, as budget cuts at the Federal Aviation Administration threaten closure of 189 air traffic control towers.
New rules are being weighed that will hold individuals specifically liable, and older rules- rarely used to take action against executives- will also be explored, top officials from the Office of the Comptroller of Currency and the Treasury Department's illicit finance unit told lawmakers on Thursday.