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Asia stocks sunk by oil plunge, Fed rate hike plan reminder

2015-01-29 07:54:37| Energy - Topix.net

U.S. stocks moved higher in early trading Wednesday after very strong earnings from Apple and Boeing. . Trader Peter Tuchman works on the floor of the New York Stock Exchange Wednesday, Jan. 28, 2015.

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N.C. Supreme Court upholds Duke Energy's 5.1% rate hike

2015-01-27 04:49:51| Energy - Topix.net

N.C. WARN Executive Director Jim Warren says the ruling allows Duke Energy to reduce charges to large industrial users at the expense of small customers. The N.C. Supreme Court has upheld the most recent Duke Energy Carolinas rate increase, ruling in the last of a spate of challenges to Duke utility rate cases filed by the N.C. Attorney General's Office and advocacy groups.

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Valspar CEO Gary Hendrickson gets 71 percent pay hike

2015-01-24 22:23:59| Chemicals - Topix.net

The Valspar Corp. paid CEO Gary Hendrickson 71 percent more in fiscal 2014 than the year before, according to a new executive-compensation disclosure. The increase was mostly due to larger stock awards and cash bonuses , bringing his total compensation for the year to $9.1 million.

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Calif tax hike battles climate change without hurting consumer

2015-01-24 17:51:00| Climate Ark Climate Change & Global Warming Newsfeed

Californian: Not long ago, a gallon of gasoline cost over $3.80. It has now fallen to less than $2 in many areas. Few saw such a decline coming, but it creates an intriguing opportunity to take action on climate change as well as address transportation needs that depend heavily on gas taxes. Despite the plummeting price of oil and gasoline, most elected officials are loath to raise the gas tax and invite public displeasure. Yet many also recognize the need to supplement falling revenues from current gas taxes...

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Official: Nassau bus riders may be hit with another fare hike

2015-01-24 03:12:48| Railroads - Topix.net

More than 100,000 Nassau bus riders could be hit with another fare hike this year -- and still face potentially steep service cuts -- as NICE looks for ways to close a $5.5 million budget shortfall with no additional aid from the state, the agency's chief said Friday. A day after the Metropolitan Transportation Authority approved raising the cost of a bus or subway ride from $2.50 to $2.75,... More than 100,000 Nassau bus riders could be hit with another fare hike this year -- and still face potentially steep service cuts -- as NICE looks for ways to close a $5.5 million budget shortfall with no additional aid from the state, the agency's chief said Friday.

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