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GE drops legal fight over running tar sands megaloads on Idaho highway

2013-10-25 19:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A General Electric Co subsidiary has dropped its appeal of a federal court order barring a massive shipment of tar sands oil-field equipment from being trucked along a scenic Idaho roadway that cuts through the Indian homelands of the Nez Perce Tribe. The company's legal capitulation was hailed by tribal officials and environmental groups as a major victory in their three-year struggle against so-called megaload transports, a dispute at the forefront of a larger battle over oil and gas development...

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Portland Commissioner Nick Fish drops push for CFO as Mayor Charlie Hales launches big review

2013-10-25 01:41:49| PortlandOnline

Brad Schmidt in The Oregonian, October 24, 2013

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Posco Cuts 2013 Sales Estimate After Quarterly Profit Drops 22%

2013-10-24 09:41:22| Steel - Topix.net

Posco , South Korea 's biggest steelmaker, cut its sales forecast for this year after reporting a 22 percent slump in third-quarter profit.

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Firm Drops Plan Gas Drilling in Pennsylvania Amid Opposition

2013-10-24 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: A Michigan-based energy company has given up a six-year battle to drill for natural gas in southeastern Pennsylvania`s upper Bucks County, citing opposition from local government. Terry Bela, manager of Arbor Resources, told The Philadelphia Inquirer on Tuesday that Nockamixon Township`s elected officials "made it impossible for the company to move forward." Arbor had signed hundreds of leases with landowners to drill exploratory wells, but Nockamixon Township fought the plan, arguing that...

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Texas Instruments 3rd quarter profit drops, outlook weak

2013-10-22 03:03:38| Electronics - Topix.net

Chipmaker Texas Instruments Inc. said Monday that its net income fell 20 percent in the third quarter.

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