Breaking Business News Breaking Business News Rss feed

  • Proposal for second US LNG export terminal gets nod Proposal for second US LNG export terminal gets nod

    WASHINGTON - The Energy Department Friday gave a conditional nod authorizing Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to set up a second facility for export of domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The approval means that gas-hungry markets like Japan and India could start ...

  • Nippon Airways reports minor incident on modified Dreamliner Nippon Airways reports minor incident on modified Dreamliner

    TOKYO - Japan's All Nippon Airways said Friday a modified Dreamliner had suffered a "minor" setback while conducting a test flight of an aircraft this month, but assured it was not due to overheating of lithium batteries. All Nippon Airways, the Japanese airline that is the largest operator of Boeing's beleaguered Dreamliner, said an electric distribution panel overheated and blackened during ...

  • Bangladesh garment factories reopen within days of shutdown Bangladesh garment factories reopen within days of shutdown

    DHAKA - Bangladesh has re-opened hundreds of garment factories after just three days of closure following protests over pay and poor work conditions. The Bangladesh Garment Manufacturers and Exporters Association had called for the re-opening on Friday. The shutdown of factories this week was prompted by worker protests over low pay and poor working conditions sparked by the country's ...

  • Share of developing nations in investments set to triple by 2030 Share of developing nations in investments set to triple by 2030

    WASHINGTON - The share of developing countries led by China and India in global investment is expected to triple by 2030 to three-fifths, from one-fifth in 2000, says the latest edition of the World Bank's Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades. Seventeen years from now, ...

  • Ocado enters sale and lease back deal with Morrisons for Dordon facility Ocado enters sale and lease back deal with Morrisons for Dordon facility

    LONDON - Morrisons Supermarkets, one of the major British retail chains, has entered into a 170 million pounds and 25-year agreement with Ocado Group plc ("Ocado"), to acquire its recently opened Dordon Customer Fulfilment Centre (CFC) in the Midlands, and lease it back with commitment to use its logistics and distribution facilities to start grocery deliveries to customers by January ...


cloudy
Tuscaloosa Weather
71.1°F Overcast
Winds: From the SSE at 2.0 MPH Gusting to 2.0 MPH
Sun
chancetstorms
88° 68°
Mon
partlycloudy
90° 64°
Tue
partlycloudy
88° 64°
Last Updated on May 18, 5:25 AM CDT
Weather sourced from Weather Underground

Movie Review

The Faculty

"The Faculty" makes both director Robert Rodriguez and writer Kevin Williamson look like one-trick ponies--hot Hollywood commodities who can't deliver the goods over the long-haul. "The Faculty" is basically a watered-down and disappointing version of what they do best: Williamson's ability to write believable teenage characters and subvert the horror genre, and Rodriguez's ability to choreograph ... ...

On Facebook

  • Microsoft warns about rise in computer viruses worldwide

    A Microsoft security expert said that computer viruses are on a rise worldwide once again after years of being less popular amongst computer attackers. In a report by Fox news, the security expert Tim Rains said that although viruses were less chosen to attack systems by hackers nowadays as they used other forms of threats, but recently Microsoft security has observed that viruses are on a rise ...

  • US Energy Revolution Gathers Pace

    The growing role of the U.S. in world energy markets was underlined on Friday as the Obama administration approved wider exports of liquefied natural gas and international companies committed billions of dollars for new infrastructure. The developments were both consequences of ...

  • Northeast Japan Jolted by Earthquake

    two nuclear plants in Fukushima reported no new irregularities after the quake, Kyodo news agency said. Onagawa nuclear plant in Miyagi prefecture further north also detected no irregularities, operator Tohoku Electric Power Co said. In Miyagi prefecture, where the shaking was the strongest, there were no information on injuries, Kyodo added. The United States Geological Survey recorded the ...

  • Wall Street Week Ahead Correction talk gets old as rally sails along

    .SPX gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get ...

  • China April housing inflation quickens to two year high

    BEIJING (Reuters) - China's housing inflation accelerated to its fastest pace in April in two years, driven by a jump in prices in Beijing and Shanghai, complicating the task of policymakers trying to cool the property sector while supporting economic ...

More Breaking Business News