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Oil & gas firms off the hook for destruction of Louisiana coast - judge

2015-02-16 23:25:47| Oil & Gas - Topix.net

A federal judge has ruled that multinational energy corporations are not financially liable for erosion of Louisiana's wetlands, 1,900 square miles of which have been lost since the 1930s. Industry admits to being responsible for 36 percent of that loss.

Tags: gas oil coast firms

 

Hong Kong firms must break their family ties

2015-02-15 13:11:51| Logistics - Topix.net

The strange demise of the importance of Hong Kong Chinese family companies comes at a time when the city desperately needs to reinvigorate its business and innovation culture and redirect its investment priorities. How a new generation creates new wealth for the city will be crucial to determining Hong Kong's role in China and the rest of the world.

Tags: family hong break kong

 
 

Indigestion Hits Top U.S. Food Firms

2015-02-14 07:04:05| Agriculture - Topix.net

Several top U.S. food makers served up grim financial news and disclosed leadership changes on Thursday, highlighting the industry's struggle to adapt to shifting consumer tastes and global economic challenges. The wave of bad news battered shares in Kellogg Co.

Tags: top food hits firms

 

Judge dismisses Louisiana wetlands suit against big oil firms

2015-02-14 03:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A federal judge in Louisiana threw out a lawsuit Friday against more than 90 oil, gas and pipeline companies accused of collectively damaging the state's coastline, according to court records. The suit was filed in 2013 by the Southeast Louisiana Flood Protection Authority-East, accused the companies of destroying the state's fragile wetlands that protect the greater New Orleans area from catastrophic flooding, such as that which occurs during hurricanes. The suit says the companies cut at...

Tags: big oil suit firms

 

Tech firms urged to share data with US

2015-02-13 23:19:20| BBC News | Business | UK Edition

The US president urges tech firms to share more information with security services, as leading figures gather for a summit in California.

Tags: us data share tech

 

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