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US Becomes Biggest Oil Producer After Overtaking Saudi Arabia

2014-07-20 15:45:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Is President Obamas all of the above energy policy a success? Or a climate failure? A report issued recently by Bank of America declared the U.S. has now surpassed Saudi Arabia as the worlds largest oil producer. The daily output average for the first quarter of 2104 exceeded 11 million barrels, a significant increase from the previous quarters (Sept-Dec 2013) average of 7 million barrels, according to the International Energy Agency. The expansion of domestic oil production in the U.S....

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Former Treasury Sec. Paulson calls climate change 'biggest risk of our time'

2014-07-19 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Oregonian: There are no easy solutions to mitigate the risks of climate change, but ending fuel subsidies and taxing carbon could be the first steps, Former Treasury Sec. Henry Paulson Jr. said Friday in Portland. And if that were an easy sell to make anywhere, it should be Oregon, he told a crowd of community, business and political leaders at a talk hosted Friday by the Portland City Club. Paulson, who was in office when the economy collapsed in 2008, said he now considers climate change the biggest...

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World's biggest toy fair in India from September 18

2014-07-18 12:45:18| Toys - Topix.net

Indian edition of the world's biggest toy trade fair, Kids India, will be held here from September 18 and is set to witness participation from over 150 companies including Chicco and Mattel.

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Bay State biotech's biggest stock losers so far this year

2014-07-18 11:18:15| Biotech - Topix.net

While the Nasdaq Biotechnology index is up about 10 percent for the year, some Massachusetts-based firms have seen stock drops of more than 50 percent since Jan. 1. Matters weren't helped this week when new Federal Reserve Chairwoman Janet Yellen said Tuesday before U.S. senators that "valuation metrics in some sectors do appear substantially ... (more)

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Microsoft may announce its biggest layoffs ever today

2014-07-17 13:29:49| InfoWorld: Top News

Microsoft reportedly will announce the biggest round of layoffs in its history today as massive changes wrought by new CEO Satya Nadella start to take hold at the struggling IT giant.

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