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CA: BART Cuts Wi-Fi Service, Prompting Threats of Legal Action

2014-12-30 15:37:01| Wireless - Topix.net

Dec. 30--BART announced Monday that it had terminated an agreement with its Wi-Fi provider, but while the transit agency says it was simply ending a trial period, the company's CEO accused BART officials of illegally backing out of a long-term contract. In 2009, BART signed what was billed as an exclusive 20-year contract with Sacramento's WiFi Rail, which agreed to provide the service.

Tags: service legal action cuts

 

Petrobras says probe may implicate pension fund; cuts off contractors

2014-12-30 11:44:52| Oil & Gas - Topix.net

Brazil's state-run oil company Petrobras on Monday said a growing corruption scandal may implicate its employee pension fund and has led to a freeze on payments to 23 contractors allegedly involved in the scheme. Petros, the 66 billion real employee-pension fund of Petroleo Brasileiro SA, as Petrobras is formally known, was singled out by an internal investigation, Petrobras said in a statement.

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WSJ: Coke to axe 2,000 jobs; Big cuts likely in Atlanta

2014-12-24 15:55:09| Beverages - Topix.net

Atlanta-based Coca-Cola Co. will issue job-cut notices to North American staffers Jan. 8 and international employees will be given a timeline for cuts by Jan. 15, according to people familiar with matter, reports The Wall Street Journal.

Tags: big jobs atlanta cuts

 

Top 500 companies' carbon emissions rise despite calls for cuts

2014-12-23 10:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Greenhouse gas emissions by the worlds top 500 companies rose 3.1% from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, a study showed on Monday. The top 500 firms by capitalisation accounted for 13.8% of world greenhouse gas emissions and 28% of gross domestic product in 2013, according to the report, drawn up by the information provider Thomson Reuters and BSD Consulting, a global sustainability consultancy. Almost all of us use products from these companies,...

Tags: top companies rise calls

 

Oklahoma City-based Continental Resources cuts 2015 drilling budget

2014-12-23 08:09:28| Electronics - Topix.net

Oklahoma City-based Continental Resources Inc. on Monday slashed its 2015 drilling budget by more than 40 percent but said it still plans to increase production 16 percent to 20 percent from 2014 levels. Continental Resources Inc. on Monday slashed its 2015 drilling budget by more than 40 percent but said it still plans to increase production 16 percent to 20 percent from 2014 levels.

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