Energy
House takes up Republican bill on pipeline
House Republicans pushed a proposal Wednesday to bypass the president to speed approval of the 1,700-mile (2,735-kilometer) Keystone XL pipeline, which would transport oil from Canada to Texas. Democrats criticized the plan as a blatant attempt to allow a foreign company to avoid environmental review. As debate opened, Republicans said ...
House passes GOP bill to speed pipeline approval
House Republicans pushed through a bill Wednesday to bypass the president to speed approval of the Keystone XL oil pipeline from Canada to Texas. Democrats criticized the legislation as a blatant attempt to allow a foreign company to avoid environmental review. The bill was approved, 241-175, largely along party lines. ...
Tesla uses stock, note sale to repay government
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government on Wednesday. The money, coupled with two prior payments, paid off ...
College fossil-fuel divestment movement builds
Student activists at more than 200 colleges are trying a new tactic in hopes of slowing the pace of climate change: They are asking their schools to stop investing in fossil fuel companies. The Fossil Free campaign argues that if it's wrong to pour pollution into the air and contribute ...
3 former executives sue Carbon Motors over pay
Three former executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory have sued the corporation for more than $600,000 in deferred wages. The Connersville News-Examiner reported Wednesday (http://bit.ly/Ze2oFY) that Trevor Rudderham, Alan Bratt and Keith Marchiando have filed suit in Fayette ...
In top coal state, gas to fuel next power plant
The next major power plant to be built in the nation's top coal-mining state will be fueled by natural gas. Black Hills Corp. subsidiaries Cheyenne Light, Fuel & Power and Black Hills Power held a groundbreaking ceremony Wednesday for the Cheyenne Prairie Generating Station on the outskirts of Cheyenne. Work ...
Business Highlights
___ Median CEO pay rises to $9.7 million in 2012 NEW YORK (AP) — CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that ...
Va senators introduce offshore drilling bill
Virginia's U.S. senators have introduced a bill to allow offshore energy leases off the coast of Virginia. Democratic Sens. Mark Warner and Tim Kaine introduced The Virginia Outer Continental Shelf Energy Production Act of 2013 on Wednesday. It is similar to legislation recently proposed in the U.S. House by Rep. ...
BC-Markets-At-A-Glance
A snapshot of major stock and commodities market indicators Wednesday: New York Stock Exchange 669 advances, 2,417 declines Most Active: Bk of Amer 13.31 —0.13 Comp Sales: 4,258,659,349 Arca Comp Sales: 1,675,235,087 Nasdaq Stock Market 630 advances, 1,868 declines Most Active: Microsoft 34.61 —0.24 Nasdaq Sales: 2,123,829,059 Major Indexes DJ ...
More ethanol leaking after Iowa train derailment
Iowa officials say more ethanol is leaking into the Little Cedar River following a train derailment east of Charles City. The state Department of Natural Resources says workers trying to recover ethanol cars and locomotives on Wednesday realized a second ethanol car was leaking. They discovered leaking ethanol and fuel ...
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