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Activists on Oregon bridge block Shell's Arctic drilling quest

Thursday, 30 July 2015 10:35 Written by
PORTLAND, Ore. Greenpeace protestors dangling from a bridge on Thursday in Portland, Oregon, halted an icebreaker that Royal Dutch Shell needs in northern Alaska before it can start drilling into the region's oil zone. The 13 Greenpeace protestors, who rappelled down from the bridge over the Willamette River early on Wednesday, are hoping to shorten Shell's Arctic drilling season by stopping the Fennica icebreaker, which is carrying emergency equipment that would cap any blown-out well.…
Fiat Chrysler Raises Outlook as Q2 Profit Jumps 70 Percent
Thursday, 30 July 2015 10:21 Written by
Fiat Chrysler Automobiles raised its revenue forecast after strong sales in North American and recovery in the European market boosted second-quarter profits by 70 percent. Fiat said Thursday that net profit was 333 million euros ($364 million), compared with 197 million euros in the same period last year. The carmaker said it was raising its revenue forecast to 110 billion euros from 108 billion euros, on worldwide shipments of 4.8 million units. The rosy
NY federal judge to hear U.S. football star Brady's appeal
Thursday, 30 July 2015 10:15 Written by
A New York federal judge will hear American football star Tom Brady's appeal of his NFL four-game suspension over the "Deflategate" scandal, after a judge on Thursday transferred the case from Minnesota. The National Football League players union filed the petition in the midwestern state on Wednesday on behalf of Brady, the New England Patriots quarterback and four-time Super Bowl champion. The union wanted the case to be heard in Minnesota, where U.S. District
Hedge fund mogul Paulson donates $8.5 million to NYC charter school
Thursday, 30 July 2015 09:49 Written by
BOSTON Billionaire investor John Paulson, who credits his success on Wall Street to a top education, is donating $8.5 million to New York City's largest network of charter schools. The gift to Success Academy marks the 59-year old hedge fund manager's second multi-million dollar pledge to a school in two months, following a record $400 million donation to Harvard University in early June. Success Academy teaches roughly 11,000 children in 32 schools in some of…
Chinese professor accused of spying by U.S. released on bail
Thursday, 30 July 2015 09:43 Written by
BEIJING U.S. authorities have released on bail a Chinese professor who had been charged in May by the United States with economic espionage, a propaganda official from Tianjin University, his employer, said on Thursday. Zhang Hao, a professor with Tianjin University, was one of six Chinese nationals charged by the U.S. government in May with economic espionage. The United States said they stole secrets from two companies that develop technology often used in military systems.…
Maryland governor to shut Baltimore's troubled jail -report
Thursday, 30 July 2015 09:43 Written by
Maryland Governor Larry Hogan will announce the closing of Baltimore's troubled jail, the target of legal action over squalid conditions, the Baltimore Sun reported on Thursday. Hogan, a Republican, will make the announcement in Baltimore on Thursday afternoon, the newspaper reported, citing unnamed local and law enforcement officials. The Baltimore City Detention Center, the city's only jail, is the target of legal action by the American Civil Liberties Union and the Public Justice Center, an…
Average US Rate on 30-Year Mortgage Falls to 3.98 Percent
Thursday, 30 July 2015 09:34 Written by
Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent. Mortgage giant Freddie Mac says the average rate on a 30-year fixed-rate mortgage declined to 3.98 percent this week from 4.04 percent a week earlier. The rate on 15-year fixed-rate mortgages eased to 3.17 percent from 3.21 percent. As in recent weeks, mortgage rates followed the yield on the key 10-year Treasury note, which
Stocks Open Lower in US After Some Weaker Company Results
Thursday, 30 July 2015 08:53 Written by
Chinese stocks gained Thursday following this week's turbulence and other Asian markets rose after the U.S. Federal Reserve left interest rates unchanged at a record low. KEEPING SCORE: The Shanghai Composite Index was up 0.7 percent at 3,816.60 and Hong Kong's Hang Seng added 0.2 percent to 24,659.75. Tokyo's Nikkei 225 gained 1.1 percent to 20,522.83 while Seoul's Kospi shed 0.9 percent to 2,019.03. Sydney's S&P/ASX 200 gained 0.8 percent to 5,670.10. Taiwan, Manila,
Hercules Recalling 90,000 SUV Tires
Thursday, 30 July 2015 08:18 Written by
An Ohio company is recalling about 90,000 SUV tires because the tread can separate, causing a loss of air and increasing the risk of a crash. The recall covers certain 15- and 16-inch Hercules Tire & Rubber Co. All Trac A/T tires made from June of 2008 to May of 2010. The Findlay, Ohio, company says in documents filed with U.S. safety regulators that dealers will replace the tires with a newer version that
Fiat Chrysler Raises Outlook as Q2 Profits Jump 70 Percent
Thursday, 30 July 2015 08:14 Written by
Fiat Chrysler Automobiles raised its revenue forecast after strong sales in North American and recovery in the European market boosted second-quarter profits by 70 percent. Fiat said Thursday that net profit was 333 million euros ($364 million), compared with 197 million euros in the same period last year. The carmaker said it was raising its revenue forecast to 110 billion euros from 108 billion euros, on worldwide shipments of 4.8 million units. The rosy

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