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As coal company profits fell, mining firms rewarded executives handsomely
2016-04-10 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Star Tribune: In 2011, the coal industry went on a shopping spree. Chinas economy was humming, and there seemed no limit to the amount of coal the countrys steel mills could consume. Americas coal companies, sensing an opportunity, rushed to acquire mines that produced the metallurgical coal essential to steel fabrication. Arch Coal paid $3.4 billion cash for the International Coal Group. Peabody Energy plunked down $5 billion for a majority stake in Australias MacArthur Coal. And Alpha Natural Resources...
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firms
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profits
FCA asks firms to check for Panama link
2016-04-07 14:59:19| BBC News | Business | UK Edition
The UK's Financial Conduct Authority asks 20 banks to check if they have links to Mossack Fonseca, the firm at the centre of the Panama Papers scandal.
Technology Firms Search for New Office Markets in Effort to Cut Costs
2016-04-07 09:00:00| National Real Estate Investor
Office developers are now looking outside of the San Francisco area for new project opportunities. read more
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technology
Federal suit to stop deal between 2 oilfield services firms
2016-04-06 17:45:11| Oil & Gas - Topix.net
In a Nov. 18, 2014 file photo, Halliburton Chairman, President and CEO David Lesar, third from right, rings the New York Stock Exchange opening bell. Halliburton and Baker Hughes announced their plan to combine in November 2014, shortly after oil prices began to fall.
Tags: services
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federal
Federal suit to stop deal between 2 oilfield services firms
2016-04-06 17:25:13| Energy - Topix.net
The Justice Department has sued to stop Halliburton from acquiring oilfield services rival Baker Hughes , saying it would eliminate critical competition in the energy markets. The deal, valued at $34.6 billion when announced in late 2014 , shortly after oil prices began to fall, would combine two of the world's three leading providers of those services to oil and gas companies.
Tags: services
stop
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federal
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