Investigation Into Aubrey McClendon Crash Finds High Speeds, No Health Emergency
U.S. shale pioneer Aubrey McClendon hit speeds of 89 miles an hour just before his Chevy Tahoe slammed into a concrete bridge earlier this month in a fatal crash, according to a report issued Monday afternoon by the Oklahoma City Police Dept. Mr. McClendon’s SUV, which was fitted to run on compressed natural gas instead of gasoline, crossed the centerline more than 60 yards before the crash. He wasn't wearing a seat belt, the...>> view originalIran says US companies welcome to invest in petroleum sector
TEHRAN, Iran (AP) — U.S. companies are welcome to invest in Iran's oil and gas industry, the Iranian oil minister said on Sunday.State-run Press TV quoted Bijan Namdar Zangeneh as saying that "in general, we have no problem with the presence of American companies in Iran."He said it is the U.S. government that is "creating restrictions for these companies," without elaborating. Zangeneh also confirmed that Iran's state-run oil company has held talks with General Electric. "Of course, my deputy ..>> view originalUPDATE 1-Ex-Anglo Irish CEO charged with fraud and forgery on return home
* Charges include false accounting, document falsification* Most relate to alleged unlawful loans to boost share price* Drumm spent five months in U.S. prison before extradition (Adds Drumm granted bail)DUBLIN, March 14 The former head of Anglo Irish Bank was formally charged on Monday on 33 counts relating to the collapse of the failed lender, appearing in an Irish court for the first time since his extradition from the United States.David Drumm, 49, who had been held in federal custody sin..>> view originalApollo Global Management to Acquire Fresh Market
The Fresh Market Inc. agreed to be acquired by an affiliate of Apollo Global Management, LLC for $1.36 billion, completing the specialty grocer’s review of strategic alternatives. Funds managed by Apollo will pay $28.50 in cash for each Fresh Market share, a 24% premium over Friday’s closing price and a 53% premium over the closing price Feb....>> view originalWall St. ends flat as investors brace for Fed
NEW YORK Wall Street closed little changed on Monday as consumer discretionary gains countered losses in energy shares and investors laid low ahead of a U.S. Federal Reserve meeting.The Dow Jones industrial average .DJI rose 15.69 points, or 0.09 percent, to 17,229, the S&P 500 .SPX lost 2.61 points, or 0.13 percent, to 2,019.58 and the Nasdaq Composite .IXIC added 1.81 points, or 0.04 percent, to 4,750.28. (Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)>> view originalChina's Anbang challenges Marriott with $13 billion Starwood offer
China's Anbang Insurance Group Co has challenged Marriott International Inc's (MAR.O) merger with U.S. hotel operator Starwood with a $12.8 billion cash offer, burnishing its credentials as one of China's top corporate acquirers.The non-binding bid, unveiled on Monday, just days after Anbang agreed to acquire Strategic Hotels & Resorts Inc from buyout firm Blackstone Group LP (BX.N) for $6.5 billion, would represent by far the biggest Chinese investment in U.S. real estate assets.Chinese insur..>> view originalViacom shareholders re-elect directors, reject voting rights proposal
MIAMI A substantial majority of Viacom Inc (VIAB.O) independent shareholders on Monday voted to re-elect the media company's directors and rejected a move to extend voting rights to all shareholders, going against recommendations by the leading proxy advisory firm.By backing the directors and rejecting the proposal, investors are effectively giving Viacom Chief Executive Philippe Dauman more time to improve sliding ratings at the company best known for owning MTV, Nickelodeon and Comedy Centra..>> view originalHow to beat the spike in gas prices
National gas prices are now averaging $1.94 per gallon, up about 13 cents since last week and 24 cents more than a month ago, according to the latest AAA Fuel Gauge Survey. What's behind the jump? Rising oil costs, as well as the change of seasons, said AAA spokesman Michael Green. "As weather improves, people are hitting the road and using more fuel, while refineries are producing less gasoline," he said. Spring is refinery maintenance season, when gasoline companies check and upgr..>> view originalLloyd Shapley dies at 92; UCLA professor won Nobel for game-theory work
Lloyd S. Shapley, a researcher of strategic decision-making called game theory who shared the 2012 Nobel Prize in economics, has died. He was 92.Rand Corp., where Shapley worked as a research mathematician for decades, said he died Saturday in Tucson. His health had declined after he broke a hip several weeks ago. Shapley was 89 and professor emeritus at UCLA when he received the Nobel Memorial Prize in Economic Sciences for his work half a century earlier that analyzed match-making in markets...>> view original
Monday, March 14, 2016
Investigation Into Aubrey McClendon Crash Finds High Speeds, No Health Emergency and other top stories.
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