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AT&T estimates charges of $10 billion in fourth quarter
2015-01-17 03:11:43| Telecom - Topix.net
AT&T Inc said it expected to record charges of about $10 billion for the fourth quarter but the non-cash losses would not affect operating results. The biggest U.S. telephone company said it would take a charge of $7.9 billion related to actuarial gains and losses on pension and post-employment benefit plans.
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Oil tycoon lost $9.3 billion in six months
2015-01-17 02:41:47| Electronics - Topix.net
The tycoon saw half his wealth vanish in just six months, as falling oil prices crushed the value of his company, Continental Resources, Inc, bringing his net worth down from $18.5 billion in June of last year to $9.3 billion in early January, according to Wealth-X, a wealth tracking company. Hamm has also been going through a very public divorce from his ex-wife, Sue Ann Arnall, which made headlines after a judge ordered him to cough up nearly $1 billion.
Fishing industry could lose up to $41 billion due to climate change
2015-01-16 16:56:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Climate change is already having a severe impact on the atmosphere and oceans around the world. These changes are also impacting specific economic sectors including the fishing and aquaculture industries. According to a recent report by the European Climate Foundation, the Sustainable Fisheries Partnership and the University of Cambridge, the fishing industry is projected to lose tens-of-billions as the world continues to heat up. "Current estimates of the total loss of landings to global fisheries...
BP off hook for several billion dollars in oil spill fines
2015-01-16 08:57:03| Oil & Gas - Topix.net
File picture shows a copy of the National Oil Spill Commission's report of recommendations following the BP Deepwater Horizon Oil Spill in the Gulf of Mexico. NEW YORK: A US judge said energy giant BP faces a maximum fine of US$13.7 billion for the 2010 Gulf of Mexico oil spill, a sum reduced by several billion dollars.
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Sales in US of Animal Health Products $7.5 Billion in 2013
2015-01-16 01:00:00| ThePigSite - Industry News
US - Sales of animal health products for livestock and pets were similar in 2013 to the year before, according to new figures from the industry body.
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