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Latest News

Duke Energy fined over $100 million for environmental violations
Barclay's specialist trader Frank Masiello works at the post that trades Duke Energy on the floor of the New York Stock Exchange(Reuters) - Duke Energy Corp has agreed to pay a fine of about $102 million for environmental violations related to a power plant's coal ash spill into a North Carolina river last year and the company's management of coal ash basins in the state. Duke set aside $100 million in the fourth quarter in anticipation of the settlement, the company said in an earnings statement. The U.S. Department of Justice fined the company for five Clean Water Act violations at its Dan River and Riverbend steam stations and four Clean Water Act violations at the company's H.F. Lee Steam, Cape Fear and Asheville electricity-generating plants, according to a company statement on Friday. Apart from the monetary fines, Duke Energy will enter a five-year probation period, during which the company agreed to establish environmental compliance plans under the supervision of a court-appointed monitor, the cost of which shall be borne by the company.
First Quantum focuses on cost cuts, cash as metal prices weigh
First Quantum Minerals Ltd said on Friday it is renegotiating the terms of some debt agreements and focusing on cutting costs and preserving cash, as sinking metal prices and high royalties in Zambia put certain debt covenants at risk. The Canadian base metal miner, which reported lower fourth-quarter adjusted earnings and revenue, said it is at risk of tripping a covenant tied to a key debt ratio governing a $3 billion senior debt facility, along with a $350 million facility for its Kansanshi operation in Zambia, and a $100 million equipment finance facility with Caterpillar Financial Services Corp. Lead bankers for the $3 billion facility have agreed to change the covenant to reflect current circumstances and will recommend the broader lending group do the same, First Quantum said.
Yemen oil revenues drop almost $1 bn in 2014
Yemen suffers a drop of around $1 billion, or 37 percent, in revenue from oil exports last year due to nosediving crude prices and the sabotage of pipelinesYemen suffered a drop of around $1 billion, or 37 percent, in revenue from oil exports last year due to nosediving crude prices and the sabotage of pipelines, the central bank said Saturday. "The main reasons behind the decrease were the drop in Yemen's production capacity and in oil prices as well as the attacks on the pipeline" linking production fields in Marib with coastal Hudayda, it said. Yemen is a minor producer but relies on oil and gas exports for 90 percent of its foreign currency earnings.
Stock market opens with small declines
NEW YORK (AP) — The U.S. stock market is opening with small losses as financial and industrial companies fall the most.
Arista and Noodles are big market movers
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Arista Networks Inc. (ANET), up 51 cents to $68.50 The data networking company ...

Latest Videos

Step Rockets - Turning Tides (By Your Side)
Step Rockets - Turning Tides (By Your Side)Step Rockets - "Turning Tides (By Your Side)" This new track is one of our new favorites and was recently featured at http://www.BitCandy.comMusic Filter and Crowd Sourced Label for Indie, ...
'3000' - Dope Trap Rap Beat Hip Hop Instrumental 2015 - HartlessBeatz Ft Drake
'3000' - Dope Trap Rap Beat Hip Hop Instrumental 2015 - HartlessBeatz Ft DrakeSend us your Beat and we Promote it » http://goo.gl/pv94wV Produced by: HartlessBeatz Ft Drake - Watch the original video here: http://youtu.be/8yNEsOvwefQ Download Free this beat: http://adf.l...
This week's top rock music stories February 21, 2015
This week's top rock music stories February 21, 2015Here is a quick recap of all the top rock and roll music stories for this week from different stories provided by web site antimusic. Alice Cooper, Jimmy Page, Kid Rock, AC/DC and more.
R-O-C-K
R-O-C-KR-O-C-K Los Llopis ℗ 2008 OK Records Released on: 2008-01-01 Music Publisher: SGAE Auto-generated by YouTube.
Pop R&B Beat "Gotcha"
Pop R&B Beat "Gotcha"If interested in owning this music contact morganamatthews@yahoo.com Music by Morgan Matthews.

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Lawyers in  What is Copyright?  Copyright is a form of intellectual property protection granted under Indian law to the creators of original works of authorship such as literary works (including computer programs, tables and compilations including

World News

Is Moore, Okla., the ‘tornado alley of tornado alley'?

This May 21, 2013 file photo shows an aerial view of Plaza Towers Elementary School which was damaged during a May 20, 2013 tornado, in Moore, Oklahoma. For the second time since a tornado ravaged Moore, killing 24 people including seven students at Plaza Towers Elementary School, organizers plan to circulate an initiative petition calling for a statewide vote to fund the construction of school storm shelters. (AP Photo/Tony Gutierrez, File)Residents of an Oklahoma town are wondering why their community has been a frequent target of twisters.


Co-pilot deliberately slams plane in Alps; families ask why

In this undated photo provided by the French Interior Ministry, French emergency rescue services work at the site of the Germanwings jet that crashed on Tuesday, March 24, 2015 near Seyne-les-Alpes, France. The co-pilot of the Germanwings jet barricaded himself in the cockpit and intentionally rammed the plane full speed into the French Alps, ignoring the captain's frantic pounding on the door and the screams of terror from passengers, a prosecutor said Thursday. (AP Photo/French Interior Ministry, Francis Pellier)PARIS (AP) — Passengers with moments to live screamed in terror and the pilot frantically pounded on the locked cockpit door as a 27-year-old German co-pilot deliberately and wordlessly smashed an Airbus carrying 150 people into an Alpine mountainside.


Icelandic whaling: Conservationists split over efficacy of Obama's sanctions

Icelandic whaling: Conservationists split over efficacy of Obamaâs sanctions, E.U. protestThe Icelandic Hvalur whaling company's killing of endangered fin whales has been denounced by the United States and the European Union. Is it time for greater action?


Explosion rocks NYC neighborhood

Building collapse in New York City's East VillageThe blast causes a fire and partial collapse at an apartment building in Manhattan.


Politicians are the only people who can't be addicted to their phones

Life inside a presidential campaign bubble has long been maligned as a suffocating, alienating experience.


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