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Oil Holds Gains as U.S. Rigs Idled Before Doha Freeze Meeting

2016-04-12 04:18:33| Oil & Gas - Topix.net

Oil held gains after the biggest jump in almost two months as U.S. drillers idled more rigs ahead of talks between the world's biggest producers about freezing output. Futures were little changed in New York after increasing 6.6 percent Friday, the most since Feb. 12. The number of active oil rigs fell for the 15th time in 16 weeks to the lowest level since 2009, according to data from Baker Hughes Inc. Venezuela said the first step at the April 17 meeting in Doha between suppliers including Saudi Arabia and Russia should be to cap production.

Tags: meeting oil holds gains

 

Collection aims to help idled PT workers

2015-11-16 21:22:01| Grocery - Topix.net

A group of Peters Township residents – some parents, some not – are collecting Giant Eagle gift cards to distribute to the 100 or so Peters Township School District employees who are not getting paid during the teachers strike that began Oct. 28. “We want to help these people,” said Venetia resident Angie Glud, the mother of two young boys who is spearheading the community effort, which came together through discussions on social media.

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Hearthside To Buy European Bar Leader, Idled Post Foods U.S. Facility

2015-08-25 21:00:00| Food Processing

Connected deals will mean VSI bar production quickly in the U.S.

Tags: post buy bar european

 

J&J step closer to idled McNeil's plant reopening

2015-07-16 20:31:33| Food - Topix.net

Johnson & Johnson officials provided an update, albeit a brief one, on the status of its McNeil Consumer Healthcare plant in Fort Washington during a conference call with analysts this week to discuss its second quarter financial report. While progress is being made toward resuming manufacturing activities at the site, the company did not provide a specific date for when that may occur.

Tags: step plant closer reopening

 

Mesabi Nugget, Mining Resources Idled Indefinitely

2015-05-26 19:35:43| Steel - Topix.net

Steel Dynamics, the parent company of Mesabi Nugget and Mining Resources, announced Tuesday that the two Iron Range facilities will remain idled indefinitely, affecting about 200 workers. Mesabi Nugget in Hoyt Lakes and Mining Resources in Chisholm had already been idled.

Tags: resources mining indefinitely nugget

 

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