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Novartis cites momentum in 3 percent profit rise

2014-07-17 09:20:58| Biotech - Topix.net

Profits during the April-June quarter rose to $3.28 billion, up from $3.18 billion in the same quarter of 2013, helped by "strong innovation momentum" and rising sales in some of its household brands, the Basel-based company reported.

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California city cites sea level rise in fight against coastal power plant

2014-07-08 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

KPCC: The city of Oxnard in Ventura County has taken tentative steps to block a proposed power plant in the coastal zone. Oxnard's developing debate over how to incorporate concerns about newly-identified risks into longstanding planning processes is one of the first in California, but it's unlikely to be the last. California law requires state, county, and local agencies to consider implications of a changing climate in planning. Along the coast, those impacts include sea level rise and storm surges...

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Federal judge rejects mine proposal, cites coal's contribution climate change

2014-07-02 22:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Salon: What`s the very best reason not to expand coal mining on public land? Coal is contributing to global warming. And a federal judge just blocked a proposed Colorado mine for that very reason, InsideClimateNews reports. People, it would appear, are finally starting to get it. In touting the potential economic benefits of the mine but ignoring fossil fuels` effect on climate change, ruled U.S. District Court Judge R. Brooke Jackson, federal agencies failed to consider the complete cost of the project....

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NTSB chairman cites Hattiesburg oil spill in letter on safety

2014-07-02 07:24:37| Railroads - Topix.net

RYAN MOORE/HATTIESBURG AMERICANEmergency crews work the scene of a Canadian National Railway train derailment along U.S. 98, west of New Augusta on Jan. 31. A 50,000-gallon crude-oil spill from a train derailment near Hattiesburg this year is one of several accidents that have transportation of hazardous materials under scrutiny.

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AbbVie Cites Tax Break as a Shire Deal Motivator

2014-06-25 20:09:53| Biotech - Topix.net

U.S. drugmaker AbbVie sees a compelling tax break behind its roughly $46 billion bid to buy British counterpart Shire, and it expects the deal to expand Shire's global reach as well.

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