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Energy
Oil tracks gains in stocks, erases early losses
An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday. Benchmark oil for July delivery fell 3 cents to close at $94.25 a barrel on the New York Mercantile Exchange. The price sank as low as $92.21 in the morning after weak manufacturing data from China raised ...
Oil down to near $93 on Chinese recovery concerns
The price of oil fell to near $93 a barrel on Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. By early afternoon in Europe, benchmark oil for July ...
Stricken Japan nuke plant struggles to keep staff
Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it. Tokyo Electric Power Co., the ...
News briefs from around Kentucky at 1:58 a.m. EDT
Ky. needs more doctors ahead of Medicaid expansion FRANKFORT, Ky. (AP) — The planned expansion of Kentucky's Medicaid program coupled with a push to help the uninsured obtain health coverage could exacerbate the state's shortage of physicians, according to a report released Wednesday. Deloitte Consulting, a technology firm that's helping ...
Southern Co. CEO defends Miss. power project
The head of Southern Co. called the decision to write off $540 million in extra costs on a Mississippi power plant "a bitter pill for us to swallow," but he defended the project Wednesday as a long-term investment for the large utility. Southern Co. has absorbed the unexpected charges of ...
House passes GOP bill to speed pipeline approval
House Republicans pushed through a bill Wednesday to bypass the president to speed approval of the Keystone XL oil pipeline from Canada to Texas. Democrats criticized the legislation as a blatant attempt to allow a foreign company to avoid environmental review. The bill was approved, 241-175, largely along party lines. ...
INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY
c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...
INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY
c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...
Tesla uses stock, note sale to repay government
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government on Wednesday. The money, coupled with two prior payments, paid off ...
3 former executives sue Carbon Motors over pay
Three former executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory have sued the corporation for more than $600,000 in deferred wages. The Connersville News-Examiner reported Wednesday (http://bit.ly/Ze2oFY) that Trevor Rudderham, Alan Bratt and Keith Marchiando have filed suit in Fayette ...
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