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Can Walker Hit South Carolina's Sweet Spot?

2015-07-17 16:17:45| Automakers - Topix.net

Scorching temperatures near the triple digits weren't driving away the 325 people gathered to hear Scott Walker speak at a Lexington, S.C., barbecue joint Wednesday. Packed under an open-air porch with fans that were hardly helping, the heat didn't seem to affect the enthusiasm for the Wisconsin governor on just his second day as an announced presidential candidate - and it's the type of excitement he'll need to generate to win the important South Carolina GOP primary.

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Major greenhouse gases hit record highs in 2014: Report

2015-07-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: The Obama administration Thursday unveiled new standards meant to better protect streams in Appalachia from the controversial mountaintop removal coal mining process. The proposed rule, from the Interior Departments Office of Surface Mining (OSM), would update three-decade-old standards that create a buffer zone around streams, prohibiting mining activities and waste from getting near them and harming the ecosystem. Administration officials characterized the rule as a common-sense approach that...

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Metals and Mining Default Rate to Hit Double Digits in Months

2015-07-17 12:48:08| Industrial Machines - Topix.net

The metals and mining sector is facing a wave of bankruptcies, but they have yet to hit the overall default rate, which was just 5.1% for that sector as of the end of June. Patriot Coal filed for bankruptcy protection in May. Walter Energy announced it is filing for bankruptcy on July 15. Fitch Ratings reports that Walter's unsecured bonds are trading at or below $0.10, which means that poor recoveries in bankruptcy are expected.

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M&S shares hit as clothing boss quits

2015-07-17 10:54:09| BBC News | Business | UK Edition

The FTSE 100 falls, with shares in Marks and Spencer down after it says the head of its clothing business is leaving the retailer.

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Southern California home sales hit highest level since 2006

2015-07-17 05:57:21| Real Estate - Topix.net

Home sales across Southern California jumped 18 percent in June from a year ago, reaching their highest level since the summer of 2006 and indicating that the long-awaited residential real-estate market comeback is gaining traction, a tracking firm said Thursday. Sales rose by double digits percentage-wise in all six counties last month, said CoreLogic, and it was the biggest year-over-year jump in three years.

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