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US sells Ally Financial shares, putting an end to auto bailout

2014-12-22 03:00:14| Automakers - Topix.net

It's over. It's finally over. The automotive bailout, we mean. Surprised? Well, everyone kind of stopped talking about the bailout once Uncle Sam got his fingers out of General Motors and Chrysler , but in reality, the US government has still enjoyed ownership of a chunk auto financier Ally Financial .

Tags: end auto financial putting

 

Low Oil Prices Putting The Freeze On Fracking Projects Around The World

2014-12-08 11:26:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Insider: The collapse of oil prices may have a bigger impact on the shale boom than anyone realizes. The biggest threat may not be to the existing wells in the US, but the untapped resources around the world. According to Bloomberg, "Russia, China, Australia, Mexico and Argentina hold some of the [world's] richest shale reserves," but haven't yet invested in the fracking technology to drill them. Because the price of oil isn't high enough to cover the costs, there's just no economic incentive to start....

Tags: the world low prices

 
 

FirstEnergy says demand response putting power plants out of business

2014-11-25 19:49:21| Energy - Topix.net

FirstEnergy Corp. has a traditional view of wholesale electricity markets: They're a competition between iron-in-the-ground facilities that can put megawatts on the grid when those megawatts are needed. Think coal plants, nuclear reactors and hydroelectric dams.

Tags: business power response demand

 

Research in Focus - Fireball Whiskey Recall: Putting Out Fire with Anti-Freeze

2014-11-20 18:17:00| Daily beverage news and comment - from just-drinks.com

As the saccharine tide of flavoured vodkas in the US begins to finally subside, flavoured whiskies are leading the charge for the taste buds of millennials, female drinkers and young professionals searching for the next trending shot - from the nation's bars to the twittersphere.

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Youth tobacco smoking rates putting millions at risk of premature death

2014-11-14 13:20:01| Biotech - Topix.net

Almost 23 percent of high school students currently use a tobacco product, according to new data published by the Centers for Disease Control and Prevention in Morbidity and Mortality Weekly Report . Of particular concern, more than 90 percent of those using a tobacco product are using combustible tobacco products such as cigarettes, cigars, hookahs, and pipes.

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