Advertisement
Business
Subscribe to Business

The Lead

Arch Coal Idles Kentucky Mine

July 22, 2014 10:10 am | by Associated Press | News | Comments

Arch Coal says it is idling the Cumberland River Coal Company complex in Wise County, Virginia, and Letcher County, Kentucky.                                     

Natural Gas Falls To 8-Month Low

July 22, 2014 10:08 am | by Associated Press | News | Comments

Natural gas fell to its lowest level in eight months Monday following forecasts that...

DuPont 2Q Profit Climbs 3.9%

July 22, 2014 10:07 am | by Associated Press | News | Comments

DuPont said profit increased to $1.07 billion, or $1.15 per share, from $1.03 billion, or $1.11...

Canadian Firm Buys PBS Coals Inc.

July 22, 2014 10:05 am | by Nikita Ernst, Associate Editor | News | Comments

A Canadian company is buying PBS Coals Inc. and plans to merge it with another subsidiary the...

View Sample

FREE Email Newsletter

Is ‘Low-Cost’ Manufacturing Headed To The U.S. Next?

July 22, 2014 1:00 am | by Joel Hans, Managing Editor, Manufacturing.net | Blogs | Comments

The U.S. is now considered the prime location for low-cost manufacturing, with Mexico a close second and China falling behind. It’s a far cry from the trends over the last few decades and because it’s a rather extraordinary claim, it deserves a little more examination.

WIPP Operator Received Large Bonus After Accident

July 21, 2014 10:50 am | by Associated Press | News | Comments

The contractor that operates the federal government's underground nuclear waste dump in southeastern New Mexico received a $1.9 million bonus just five days after an underground truck fire closed the facility.              

Halliburton Q2 Profits Rise, Boost Buyback

July 21, 2014 10:34 am | by Associated Press | News | Comments

Halliburton Co. (HAL) said Monday that its second-quarter earnings rose 20 percent, and it raised its share buyback authorization to $6 billion.                                

Advertisement

Diamondback Energy Buys Oil & Gas Assets For $538M

July 21, 2014 10:20 am | by Associated Press | News | Comments

The acquisition, which is expected to close in September, will give Diamondback an additional 13,136 net acres in the Midland Basin, bringing its total to 85,000 net acres.                                   

Chinese Chemical Company Comes To Louisiana

July 18, 2014 10:14 am | by Associated Press | News | Comments

A China-based company is opening a methanol manufacturing facility on the Mississippi River in St. James Parish that's expected to create 350 to 400 permanent jobs.                        

3M Buys Subsidiary Stake For $885M

July 16, 2014 10:51 am | by Associated Press | News | Comments

3M will take full control of its Sumitomo subsidiary by acquiring the 25 percent of the company that it doesn't already own for $885 million.                                 

Officials Suspicious Of Connection Between Gas Project & Oil Referendum

July 16, 2014 10:48 am | by BECKY BOHRER, Associated Press | News | Comments

The decision Alaska voters make on an oil-tax referendum next month could have implications for a proposed liquefied natural gas project, the senior project manager said Tuesday, a point deemed a scare tactic by one state lawmaker.  

Factory Output Rises For 5th Straight Month

July 16, 2014 10:37 am | by CHRISTOPHER S. RUGABER, AP Economics Writer | News | Comments

U.S. factory output increased for the fifth straight month in June as manufacturers cranked out more aircraft, chemicals and furniture.                               

Advertisement

Gold Mine Expands Onto Federal Land

July 16, 2014 10:34 am | by Associated Press | News | Comments

Fairbanks Gold Mining Inc., which is owned by Kinross, has submitted the request to the U.S. Bureau of Land Management to expand the open-pit gold mine onto federal land.                     

Camden Plant Could Create 3,000 Jobs

July 15, 2014 10:07 am | by GEOFF MULVIHILL, Associated Press | News | Comments

A company that makes components for power plants that it eventually expects to bring 3,000 jobs to the facility it plans to build in Camden, one of the nation's poorest cities.                               

Tennessee County Will Reapply For Pipeline Permit

July 15, 2014 10:05 am | by Associated Press | News | Comments

An eastern Tennessee county is considering asking the state again for permits that would allow US Nitrogen to build miles-long pipelines to and from the Nolichucky River.                                   

Albemarle Buys Rockwood In $6.2B Deal

July 15, 2014 9:53 am | by Associated Press | News | Comments

Specialty chemicals company Albemarle is buying counterpart Rockwood Holdings Inc. in a cash-and-stock deal valued at about $6.2 billion.                             

Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Alcoa Signs $1.1B Deal To Make Jet Engine Parts

July 15, 2014 9:50 am | by Associated Press | News | Comments

Alcoa signed a $1.1 billion deal to make jet engine parts for a unit of United Technologies Corp.                                           

Advertisement

North Dakota Approves Pipeline To Diesel Refinery

July 15, 2014 9:45 am | by Associated Press | News | Comments

North Dakota regulators have approved a $7.9 million pipeline that will supply crude for a diesel refinery under construction near Dickinson.                                               

Global Energy, Mining & Utilities Trend Report

July 14, 2014 4:35 pm | by Mergermarket | News | Comments

Q2 2014's global M&A targetting the Energy, Mining & Utilities (EMU) sector recovered from a subdued Q1. Deal value increased 68.8% to US$ 143.8bn with 400 deals, up from 345 deals at US$ 85.2bn Q1 2014 and marking the hitest valued quarter in over a year (Q4 2012 valued at US$ 190.4bn).

ConAgra Buys Chinese Potato Processor For $93M

July 14, 2014 10:05 am | by Associated Press | News | Comments

ConAgra Foods Inc., the company behind Chef Boyardee canned pasta, said that it bought a Chinese potato processor for $93 million to help it sell more frozen potato products in Asia.                    

Whiting Petroleum Purchases Kodiak Oil & Gas For $6B

July 14, 2014 9:58 am | by Associated Press | News | Comments

Whiting Petroleum Corp. said Sunday it is buying Kodiak Oil & Gas Corp. for $6 billion in stock, worth $13.90 per share, in a deal that will make it the largest producer in the booming Bakken region of North Dakota and Montana.          

New Jersey Approves Camden Tax Incentives

July 10, 2014 1:29 pm | by Associated Press | News | Comments

New Jersey officials have approved $260 million in incentives to bring a manufacturing facility and 395 jobs to Camden, a city that ranks among the most impoverished in the country.                    

Silicon Plant Talks Commence In North Carolina

July 10, 2014 1:19 pm | by Associated Press | News | Comments

A North Carolina group plans a meeting Saturday in Iuka to call on local residents to press state regulators to hold a hearing on what it believes is health risks connected to a silicon metal plant under construction in Tishomingo County.           

Korean Firm To Pay $2M For Stealing DuPont Secrets

July 10, 2014 1:17 pm | by Associated Press | News | Comments

A South Korean chemical company has agreed to pay $2 million to settle a criminal complaint alleging attempted theft of a competitor's trade secrets.                            

Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Alcoa Helps Lift The Market

July 9, 2014 2:48 pm | by KEN SWEET, AP Markets Writer | News | Comments

Positive earnings news from Alcoa gave the stock market a modest lift Wednesday, helping reverse a two-day decline.                                              

Coal Company Sues Competitor After Breached Deal

July 9, 2014 2:42 pm | by JIM SUHR, AP Business Writer | News | Comments

A leading U.S. coal company is suing a rival with which it shared confidential business plans during a deal that later fizzled, saying the competitor used the proprietary details to buy up land in southern Illinois to thwart the accuser's expansion plans.

Oil Boom Boosts State Wage Averages

July 9, 2014 2:33 pm | by JAMES MacPHERSON, Associated Press | News | Comments

Well-paying jobs in western North Dakota's oil-producing counties helped propel the state's average annual pay by 4 percent last year to almost $48,000, state data show, though the state still hovers slightly below the national average.  

Old Tires Find New Lives

July 9, 2014 2:28 pm | by AYE AYE WIN, Associated Press | News | Comments

Old truck tires are transformed into rubber washers and bushings for cars and rice mills. Machine parts, buckets and flip-flops — the most popular footwear in the rural areas — are among the biggest sellers for tire recyclers.                 

Plea Hearings Set In Coal Kickback Case

July 9, 2014 2:24 pm | by Associated Press | News | Comments

A federal judge has set plea hearings for 10 men accused of participating in a kickback scheme at an Arch Coal mine in West Virginia.                                        

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading