Dec 5, 2013 by Mark BrooksShell Scraps La. Plans to Build $12.5 Billion Natural-Gas-to-Liquids PlantTo justify the plant's enormous expense, the cost of natural gas would have to remain very low -- and the price of diesel very high -- for more than a decade.
Dec 5, 2013 by Mark BrooksTwitter Names Marjorie Scardino to BoardAs head of Pearson, Scardino was the first woman to become CEO of a FTSE 100 company 16 years ago.
Dec 5, 2013 by Mark BrooksDrop in Aircraft Demand Helps Push U.S. Factory Orders Down 0.9%Demand picked up for primary metals, household appliances and oil and gas field machinery.
Dec 5, 2013 by Mark BrooksChinese Airline to Offer Nonstop Boston-Beijing Flights Estimated flight time between the two cities will be about 13 hours and 20 minutes.
Dec 5, 2013 by Mark BrooksLatest Estimate: U.S. Economy Grew at 3.6% Rate in Q3Consumer spending, the lifeblood of the economy, was the weakest in nearly four years.
Dec 4, 2013 by Mark Brooks"Newsweek" to Start Printing Again Next YearThey haven't decided how much the magazine will cost, but it's expected to be less than $10 per issue.
Dec 4, 2013 by Mark BrooksFed: Economy Continues Modest to Moderate ExpansionManufacturing strengthened in most districts, helped by more production of cars, trucks and high-tech products.
Dec 4, 2013 by Mark BrooksInvestor Ardor for Biotech IPOs CoolsA Credit Suisse index of new biotech stocks showed them up about 20% this year, compared with a gain of 27% for the S&P 500 index.
Dec 4, 2013 by Mark BrooksGM Shares Climb as Hedge Fund Expresses OptimismHayman Capital Management said that once the government is free of its remaining stake in GM, the Detroit company will likely start a "meaningful" dividend or potential stock buyback.
Dec 4, 2013 by Mark BrooksIran Eager to Ramp Up Oil Production, Regardless of Effect on PriceIf Iran does ramp up its output, other OPEC members would have to reduce theirs to keep prices from dropping too much and hurting them all.
Dec 4, 2013 by Mark BrooksSales of New Homes Jump 25.4% in OctoberNew-homes sales have risen 21.6% higher in the 12 months ending in October.
Dec 4, 2013 by Mark BrooksMedicines Company Buys Anti-Infection Drug Developer Rempex, which is based in San Diego, has developed several potential treatments for forms of drug-resistant bacteria.
Dec 4, 2013 by Mark BrooksJack Daniel's Sales Drive Brown-Forman EarningsThe company reported double-digit net sales growth in the quarter for its pricier super-premium whiskey brands
Dec 3, 2013 by Mark BrooksBrazil's GDP Contracts in 3rd Quarter The GDP contraction was due mainly to a 3.5% drop in agricultural output and a 2.2% decrease in investments.
Dec 3, 2013 by Mark BrooksEx-Tyco Executive Kozlowski to Be ParoledDefense attorneys say Kozlowski and Mark Swartz collectively paid $134 million in restitution to Tyco and $105 million in fines to the state after their 2005 convictions.
Dec 3, 2013 by Mark BrooksEmployers Take Steps to Help Workers Avoid BurnoutSome companies are beginning to set limits, recognizing that successful employees must be able to escape from work.
Dec 3, 2013 by Mark BrooksU.S. Home Prices Rise Just 0.2% in OctoberHome prices have risen 12.5% from a year ago.
Dec 3, 2013 by Mark BrooksJudge: Detroit Eligible for Chapter 9 Bankruptcy; Pensions Not SecureJudge Steven Rhodes said pensions can be cut just like any contract because the Michigan Constitution does not offer bulletproof protection for employee benefits.
Dec 3, 2013 by Mark BrooksAs 3-D Printing Advances, Congress Moves to Renew Plastic-Gun BanSome Senate Democrats have mounted an attempt to amend the law to require plastic guns to have at least one metal piece for making it fire.
Dec 3, 2013 by Mark BrooksAMC Entertainment Projects IPO Price Range of $18 to $20 per ShareAMC Entertainment said that it plans to use the offering's net proceeds mostly to retire outstanding debt.
