Energy SPAC Orbit Acquisition pulls US IPO
Blank-check company Orbit Acquisition Corp withdrew its filing for an initial public offering on Friday, citing market conditions in a letter to U.S. regulators.
U.S. natgas rig count climbs for a seventh week
The number of rigs drilling for natural gas in the United States rose two this week to 701, the seventh straight weekly gain after sinking in mid-July to the lowest level in more than seven years, according to a report on Friday by Baker Hughes in Houston.
Barclays shifts U.S. RGGI carbon trade to London
Investment bank Barclays Capital has shifted its trading of U.S. Northeast carbon allowances to its London desk after a trader in New York left the company, the bank's head of environmental markets said.
US says European subsidies have harmed Boeing
The United States confirmed on Friday it has received a confidential World Trade Organization ruling in its multibillion-dollar complaint against European government support for Airbus.
More news
US commercial paper outstanding rises in week-Fed
NEW YORK - The U.S. commercial paper market expanded for a third straight week in another sign that the economy may be growing again as a two-year credit crunch eases, Federal Reserve data showed on Thursday.
American Apparel to sack migrants with no papers -report
American Apparel Inc will dismiss 1,500 factory workers who could not prove their U.S. immigration status or rectify problems with their employment records, the Los Angeles Times said on Thursday.
US requires sensor changes on some Airbus planes
U.S. airlines must replace speed sensors on some of their Airbus planes, parts that have come under scrutiny since the crash of an Air France jetliner three months ago.
US copper opens down with equities, jobs data saps
U.S. copper futures slumped to a 1-1/2 week low Wednesday morning, as further losses in global equity markets overnight continued to undermine confidence in the economic recovery and weak U.S. jobs data added to the weight of the move.
Nikkei battered by yen, worry about US financials
Japan's Nikkei stock average slid 2.5 percent on Wednesday, dragged down by exporters hit by a stronger yen amid renewed worry about the health of the U.S. financial system.
Toyota raising output to ease tight US inventories
Toyota Motor Corp plans to raise production of its Tacoma and Tundra pickups to meet expected demand for trucks, and increase production of fuel-efficient vehicles through the end of the year, executives said on Tuesday.
China, India, US, Germany lift coal plant demand
China, India, the United States and Germany are looking to replace old coal-fired energy plants, helping make up for slack overall global demand, Hitachi Power Europe's business development manager said.
U.S. ethanol group wants origin labeling for oil
NEW YORK - A U.S. ethanol industry group is pushing lawmakers to craft legislation requiring fuel companies to inform customers what country their fuel came from in hopes of increasing awareness about money spent on oil imported from overseas.
U.S. awards $503 million for renewable energy projects
The U.S. Energy and Treasury Departments on Tuesday announced $503 million in government cash grants to companies developing renewable energy projects.
UPDATE 1-Chrysler U.S. sales down 15 pct in August-source
DETROIT - Chrysler Group LLC's U.S. sales fell 15 percent to 93,222 units in August due to inventory shortages related to extensive summer shutdowns during its bankruptcy restructuring, a source briefed on the matter said on Tuesday.
US industrial shares up on strong manufacturing data
NEW YORK - Strong economic data on the manufacturing sector helped boost U.S. industrial shares in early trading on Tuesday, amid optimism the sector's earnings bottomed out in the second quarter and are set to improve.
US copper climb at open as data points to recovery
NEW YORK - U.S. copper futures headed higher at the open on Tuesday, recovering a portion of the prior session's steep losses, as equity markets regained their footing and manufacturing and housing data suggested the economic recovery was on track.
US STOCKS-Futures point lower ahead of ISM, housing
U.S. stock index futures pointed to a lower open on Tuesday as ongoing concerns over the strength of an economic recovery looked set to eclipse a report expected to show U.S. manufacturing expanded in August.
U.S. credit card satisfaction down amid higher rates-poll
U.S. consumers satisfaction with credit cards plummeted in 2009, driven by anger due to fees and higher interest rates, according to a J.D. Power and Associates poll released on Tuesday.
US FCC to study ways to block sex, violence from kids
The Federal Communications Commission will open an inquiry to examine the various technologies to block children from watching programs with sex and violence, the agency's chief said on Monday.
Retail clinics give similar care, cheaper-US study
CHICAGO - Clinics in drug stores provide care for minor ailments on par with, or better than, other medical facilities at significantly lower costs, according to a study released on Monday.
Ford US auto sales rise in August-sales analyst
Ford Motor Co (F.N) will report a U.S. auto sales increase in August and the industry may post its first monthly year-over-year sales rise since October 2007, the automaker's chief sales analyst said on Monday.
UPDATE 2-Reynolds,others sue to stop part of US tobacco act
The makers of Camel and Kool cigarettes and other tobacco companies filed suit in federal court on Monday to try to block provisions of a recently enacted U.S. tobacco law they say would interfere with their right to communicate with adult smokers.
Lakeside granted status in Canada-U.S. Steel suit
Lakeside Steel was granted intervenor status in the Canadian government's lawsuit against U.S. Steel on Monday, a position the small Canadian company hopes will give it a chance to acquire U.S. Steel's operations in southern Ontario.
U.S. TV show hires ex-president Bush's daughter
LOS ANGELES - Former President George W. Bush's daughter, Jenna Bush Hager, is set to become a correspondent for the U.S. television news and talk show
UPDATE 1-Ford US auto sales rise in August-sales analyst
Ford Motor Cowill report a U.S. auto sales increase in August and the industry may post its first monthly year-over-year sales rise since October 2007, the automaker's chief sales analyst said on Monday.
Economic recovery worries spark US copper sell-off
U.S. copper futures sank to a one-week low below $2.80 a lb on Monday, after a sharp plunge in Chinese equity markets raised doubts about the strength of global economic recovery.
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