Energy
Oil falls near $98 a barrel before Bernanke speaks
The price of oil fell Wednesday, before the conclusion of a U.S. Federal Reserve meeting. Benchmark oil for July delivery fell 13 cents to $98.31 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 67 cents to close at $98.44 a ...
Cape Wind gets $200M investment from Danish fund
The Cape Wind offshore wind project has secured a $200 million investment from a Danish pension fund in what the wind farm's president said Tuesday is a milestone for the long-delayed project. In a statement announcing the commitment, PensionDanmark's chief executive Torben Moger Pedersen noted the fund has already invested ...
EPA report critical of Wash. oversight at Hanford
A new report released Tuesday faults Washington state for lax oversight at the nation's most contaminated nuclear site, saying the state employs too few inspectors and gives advance notice of inspections to the federal agency charged with managing the cleanup. The report by the Environmental Protection Agency sharply criticizes the ...
Allegheny County seeks gas drilling bids
Allegheny County officials say they plan to request bids for natural gas drilling under a public park. County Executive Rich Fitzgerald says Tuesday that the county could get up to $700,000 a year in royalty payments for drilling under Deer Lake Park, which is about 20 miles northeast of Pittsburgh. ...
Army Corps won't do overall study of coal exports
An official with the Army Corps of Engineers told a Congressional committee Tuesday that the agency doesn't plan a broad environmental study on exporting coal from the Western United States. Environmentalists and elected officials in Washington, Oregon and Montana have called on the federal government to look at the cumulative ...
Business Highlights
___ NSA director says plot against Wall Street foiled WASHINGTON (AP) — The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing ...
NYC to offer free phone-charging stations in parks
It's a message busy New Yorkers hate to get: the low-battery message on your cellphone when there's no charger in sight. Now that could be a thing of the past. New York City has teamed up with AT&T to install 25 solar-powered charging stations for public use, available for free ...
Number of Town of Jackson polluted wells hits 39
Wisconsin environmental officials say the number of wells contaminated by a 2012 gasoline pipeline spill continues to grow in the Town of Jackson. Recent tests detected benzene in two additional private wells, pushing the number of contaminated wells to 39. Town officials have decided to ask the Village of Jackson ...
Metals decline as traders wait for Federal Reserve
Metal prices fell Tuesday as traders anticipate that the Federal Reserve may start easing its support for the U.S. economy. The price of gold for August delivery fell $16.20, or 1.2 percent, to $1,366.90 an ounce. Palladium and silver also declined. Only platinum bucked the trend and edged higher. The ...
Metals decline as traders wait for Federal Reserve
Metal prices fell as traders anticipate that the Federal Reserve may start easing its support for the economy. The price of gold for August delivery fell $16.20, or 1.2 percent, to $1,366.90 an ounce. Palladium and silver also declined. Only platinum bucked the trend and edged higher. The central bank ...
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