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Oil extends crash into new year as glut fears deepen

2015-01-06 05:07:11| Oil & Gas - Topix.net

The selloff in global oil markets showed little signs of slowing in the new year, with prices down as much as 6 percent on Monday, the lowest since spring 2009, as fears deepened a supply glut that has vexed the market for six months would continue. U.S crude crashed below $50 a barrel while benchmark Brent tumbled under $53 after data showed Russian oil output at post-Soviet era highs and Iraqi oil exports near 35-year peaks.

Tags: year oil crash extends

 

Indonesia rebukes airport officials following AirAsia crash

2015-01-06 01:00:00| Airport Technology

Indonesia's Transportation Ministry has heavily criticised everyone who allowed AirAsia Flight 8501 to take off without proper permits.

Tags: officials indonesia airport crash

 
 

City of Sandpoint weathers Coldwater Creek's crash

2015-01-04 23:17:19| Apparel - Topix.net

The bankruptcy of national clothing retailer Coldwater Creek last spring posed a serious challenge to the northern Idaho city of Sandpoint, as more than 300 jobs vanished. But The Spokesman-Review reports that the community is getting a second wind - thanks in part to former workers at the company who stuck around and started or joined new firms.

Tags: city crash creeks coldwater

 

One dead after vehicle vs. pedestrian crash

2015-01-04 04:47:40| Grocery - Topix.net

Wilmington Police say one person is dead after an accident involving a vehicle and a pedestrian at Wrightsville Avenue and Allens Lane. That's behind the Harris Teeter at Lumina Station.

Tags: dead vehicle crash pedestrian

 

Funeral set for MTA cop who died after bridge crash

2015-01-03 06:24:05| Railroads - Topix.net

The Metropolitan Transportation Authority says a funeral will be held next week for a bridges and tunnels officer who died from injuries suffered more than a year ago on a New York bridge. The MTA says that Officer Thomas Choi will receive a full line-of-duty funeral next Friday.

Tags: set bridge died crash

 

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