PUNTO FIJO, Venezuela, Aug 31- A gas treatment plant of PDVSA on the western coast of Venezuela was hit by an explosion on Monday evening though there were no injuries, the state oil company said. The plant, located in the Tiguadare sector of Punto Fijo, in the state of Falcon, processes gas extracted from the Cardon IV block, a field in the vast Perla reservoir, operated...» Read More
DETROIT-- Arts groups in Detroit will share nearly $20 million donated by the John S. and James L. Knight Foundation, including $9 million to be awarded through a communitywide contest to boost the city's best arts ideas, the foundation announced Tuesday.
WASHINGTON-- Federal officials say NRG Energy Inc. has been awarded a lease for an offshore wind power farm 11 miles off the Delaware coast. NRG announced late last year that it had ended an offshore wind power contract with Delmarva Power.
GEISMAR, La.-- BASF is building a formic acid production plant in Louisiana's Ascension Parish that will create 20 new jobs. Bobby Jindal and company executives were at the groundbreaking Tuesday, at the company's 2,600- acre complex in Geismar, which is home to nearly two dozen chemical plants.
NEW YORK-- The steep losses stopped Wednesday as the stock market turned calm, a day after one of its biggest sell-offs of the year. "Today we're assessing the damage," said Mark Luschini, chief investment strategist at Janney Montgomery Scott. " DuPont, 3 M, UPS and Xerox all reported lower sales than a year ago.
TARRYTOWN, N.Y.-- Regeneron Pharmaceuticals Inc. on Wednesday reported third-quarter results that far exceeded Wall Street expectations as it won key new approvals for its eye drug Eylea and cancer drug Zaltrap.
He says it will be at least another 12 or 18 months before the Virgin Galactic venture can offer paid space travel to adventurers. The founder of the Virgin Group met with students on his first visit to Poland on Wednesday, where he came to launch Virgin Academy, which will help young people kick start their own businesses.
*More countries follow lead set by Britain and Italy. LONDON, Oct 24- Fifty percent off the first three months of cancer medicine. ``Special offers'' on prescription medicines are all the rage in state-backed healthcare systems across Europe as governments struggle to balance the books.
LONDON, Oct 24- European shares inched higher on Wednesday, steadying after the previous session's sharp sell-off, as encouraging data out of China offset downbeat German economic numbers and earnings worries.
NEW YORK-- "Middlesex" author Jeffrey Eugenides doesn't remember everything about the night he was given a Whiting Writers' Award, but he has never forgotten how the honor received early in his career helped make his Pulitzer Prize-winning novel possible.
MEXICO CITY-- The number of migrants crossing illegally into the United States from Mexico appears to have risen some in the first half of 2012, while the number of migrants returning to Mexico decreased, a report by U.S. and Mexican researchers said Tuesday.
LOS ANGELES-- The man who presided over Britney Spears' life during her well-publicized meltdown is portraying himself in court as a benevolent personal manager who saved her from ruin. Sam Lutfi was to finish his direct testimony Wednesday and face cross-examination by a battery of lawyers for the singer's parents and conservators.
BERLIN-- The European Central Bank's president drew a broadly positive response from German lawmakers Wednesday when he told them that his bond-buying plan won't stoke inflation and will not allow struggling countries to backslide on economic reforms.
Attorney General Jeffrey S. Chiesa said John Kot of Garwood operated multiple home improvement companies that in many cases performed shoddy work, failed to honor warranties or return consumer deposits for work not performed, and failed to obtain proper permits on several jobs.
LONDON-- The latest James Bond movie is getting its world premiere in London on Tuesday, with Prince Charles on hand to give it a royal seal of approval. Daniel Craig was the first of the film's stars to arrive at the screening at the Royal Albert Hall in central London, where he was joined by co-stars Judi Dench, Javier Bardem, and Naomie Harris.
NASHVILLE, Tenn.-- A woman was found guilty Tuesday of disorderly conduct for berating security officers trying to pat down her teenage daughter and then refusing to submit to the procedure herself at a Tennessee airport. Jurors deliberated four hours before convicting Andrea Abbott.
JACKSON, Miss.-- Roberts Broadcasting has sold Jackson television WRBJ-TV to religious broadcaster Trinity Broadcasting Network. Media Venture Partners, which the bankrupt Roberts hired to sell its stations in Jackson, Columbia, S.C., and Evansville, Ind., says the station will begin showing Trinity's Christian programming.
NEW YORK-- Shares of RF Micro Devices jumped 13 percent in premarket trading Wednesday, a day after the chipmaker issued better-than-expected results and guidance. Mike Burton of Brean Capital raised his price target on the stock by 50 cents to $6 and raised his estimates as well.