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Extended slump in oil taking toll on industry, economy
2015-07-31 21:23:08| Oil & Gas - Topix.net
As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth.
Tags: industry
taking
extended
oil
Extended Slump in Oil Taking Toll on Industry, Economy
2015-07-31 20:50:33| Chemicals - Topix.net
As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth. Low oil and gas prices are good for the overall economy because they reduce costs for consumers and business.
Tags: industry
taking
extended
oil
MTA to continue biennial toll, fare hikes
2015-07-23 07:54:38| Railroads - Topix.net
NEW YORK – The biennial toll and fare increases that the Metropolitan Transportation Authority has been levying since 2009 are likely to continue, at least in 2017 and 2019.  In a long-range assessment of the MTA's finances, Chief Financial Officer Bob Foran said Wednesday that biennial increases of 4 percent and annual recurring cost savings of as much as $1.8 billion will keep out-year deficits in the $14.5 billion budget to “manageable” levels, $175 million in 2018 and $224 million in 2019.  At the same time, they will ensure that the MTA has some cash to leverage for capital projects or debt service.
Central Florida toll roads could be worth more than $550 million
2015-07-22 21:04:41| Apparel - Topix.net
Metro Orlando officials are haggling with the state over a plan to take over parts of State Roads 417, 528 and 429 - a deal that could be worth more than a half-billion dollars. The proposal was sparked by a state plan to widen 6 miles of the 417 in Seminole County and charge an extra toll to use the new lanes.
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central
million
worth
Death toll from defective GM switches rises to 121
2015-07-06 19:15:05| Apparel - Topix.net
Victims' families are being offered compensation of at least $1 million each by attorney Kenneth Feinberg, who was hired by GM last year. Feinberg will also make offers to 251 people who were injured in crashes caused by the switches in the Chevrolet Cobalt and other older cars.
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