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Shale Oil Architect Predicts Doom for Some Drillers Amid Slump

2016-02-24 06:34:07| Oil & Gas - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Mark Papa, the former EOG Resources Inc. chief executive officer who helped create the shale industry more than a decade ago, said drillers are "grievously wounded" as crashing crude prices exact their toll.

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Towns restrict door-to-door solicitation amid Hasidic influx

2016-02-23 18:02:16| Real Estate - Topix.net

A sign saying, "Don't Sell! Toms River Strong," is seen on a street Monday, Feb. 22, 2016, in Toms River, N.J. A housing crunch in the New Jersey shore town that's home to one of the nation's largest Hasidic populations has neighboring towns changing their own laws. Real estate agents and investors in the Lakewood area have been soliciting residents in several nearby neighborhoods, looking to find homes that fit the needs of the growing Jewish community.

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Amid coal market struggles, less fuel worth mining in US

2016-02-23 00:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Vast coal seams dozens of feet thick that lie beneath the rolling hills of the Northern Plains once appeared almost limitless, fueling boasts that domestic reserves were sufficient to power the U.S. for centuries. But an exhaustive government analysis says that at current prices and mining rates the country's largest coal reserves, located along the Montana-Wyoming border, will be tapped out in just a few decades. The finding by the U.S. Geological Survey upends conventional wisdom...

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Indonesian palm oil giant joins no-deforestation pledge amid criticism from politicians

2016-02-18 12:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Indonesias second-largest palm oil producer has officially signed on to a pledge whose signatories promise to purge their supply chains of deforestation, peatlands conversion and rights abuses. The company, Astra Agro Lestari, joins industry titans Wilmar, Golden Agri-Resources, Musim Mas, Asian Agri and Cargill, who together control most of the refining capacity for Indonesian palm oil. The other signatory is the Indonesian Chamber of Commerce and Industry, which is important because IPOP also...

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Amid Food Revolution, Campbell Soup Starts $125 Million Venture Fund

2016-02-17 18:47:14| Food - Topix.net

That soup king -- attempting to drum up new business in a world where consumers are demanding healthier food -- announced Wednesday at the annual Consumer Analyst Group of New York conference that it would form a $125 million venture fund to take stakes in upstart food companies that focus on more nutritious food. Called Aker Venture Partners, the fund will be managed by outside partners, with Campbell Soup being the sole contributor.

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