Tag Archives: reducing
Occidental Petroleum says CEO to remain until 2014
(Reuters) – Occidental Petroleum Corp , the fourth-largest U.S. oil company, said Chief Executive Steve Chazen would continue in his role through 2014 with the full support of the board, reducing uncertainty surrounding its CEO succession plans. Continue reading
Madoff trustee cannot block $410 million Merkin accord: judge
By Jonathan Stempel (Reuters) – A federal judge blocked the trustee seeking money for Bernard Madoff’s victims from interfering with New York state’s $410 million settlement with Ezra Merkin, a Wall Street hedge fund manager accused of steering client money to the swindler. Irving Picard, the trustee, had said the settlement with New York Attorney General Eric Schneiderman interfered with his exclusive right to recover money for people who invested with Madoff, by reducing the sums available for him to pursue. Continue reading
Obama visit highlights Minneapolis’ strides on violence
Progress Minneapolis has made reducing gun violence has caught attention of president. Continue reading
Time Inc. begins reducing its staff by about 6%
Time Inc. is reducing its work force by six percent — about 500 jobs — an internal memo to the publishing company’s staff said on Wednesday. Continue reading
Biden: Obama may take ‘executive action’ on gun control
Vice President Biden holds the first in a series of meetings on reducing gun violence. Continue reading
US defends ‘enormous’ climate efforts at UN talks
Anticipating an onslaught of criticism from poor nations, the United States claimed “enormous” strides in reducing greenhouse emissions at the opening of U.N. climate talks Monday, despite failing to join other industrialized nations in committing to binding cuts. Continue reading
What to Expect from Climate Negotiations
As the world gathers in Doha, is progress being made in reducing greenhouse gas pollution? David Biello reports Continue reading
Facebook makes you spend more: study
Two marketing professors say their research shows – for the first time – that using online social networks can influence behavior by reducing self-control. Continue reading
Debt-ridden family rises to the ’100 Thing Challenge’
Recent figures released by Statistics Canada suggest the average ratio of debt to disposable income for Canadian families has hit a record 163 per cent. Continue reading
Brazil Miner Vale 3rd-Quarter Profit Slides on Lower Iron Ore Prices
Brazilian mining giant Vale (VALE, VALE5.BR) said late Wednesday its third-quarter net profit plunged 66% as the global economic slowdown undermined iron ore prices, with the company selling off assets and reducing future investments to counter the downturn. Continue reading
