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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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EURO Ressources Reports Earnings for the Quarter Ended March 31, 2013

Category : World News

PARIS–(Marketwired – May 11, 2013) – EURO Ressources S.A. (“EURO” or the “Company”) (PARIS: EUR) today announced its unaudited interim financial results prepared in accordance with International Financial Reporting Standards (“IFRS”) for the quarter ended March 31, 2013. These unaudited financial results were approved by the Board of Directors on May 9, 2013. 

Go here to see the original: EURO Ressources Reports Earnings for the Quarter Ended March 31, 2013

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Lucas Auto Group in New Jersey Has Stayed Ahead of Google’s Changing Algorithm by Taking Advantage of Recent Updates Provided to Their Website by First In Results

Category : Stocks

LUMBERTON, NJ–(Marketwired – Apr 16, 2013) – The Panda 25 update concentrates on the end user being able to complete their tasks once they are on your website. If you’re not prepared, the update can have negative effects on your website search rankings. By taking advantage of the web system designed by First In Results, Lucas Chevy in Lumberton, New Jersey is thoroughly prepared. At Lucas Chevy, the customer’s needs have always been a top priority. That is why they provide a clean and easy-to-use web design that’s includes a brilliant phone app allowing the customer to browse their inventory with only one hand. Google’s research has proven that easy page navigation results in much lower bounce rates and higher conversions.

Read more here: Lucas Auto Group in New Jersey Has Stayed Ahead of Google’s Changing Algorithm by Taking Advantage of Recent Updates Provided to Their Website by First In Results

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Obama ‘offering to cut US pensions’

Category : Business

US President Barack Obama is prepared to offer cuts to Americans’ pensions to strike a deficit deal with Republicans, a White House official says.

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Shell barred from returning to drill for oil in Arctic without overhaul

Category : Business

Review finds company had failed to plan for short drilling season and its equipment did not stand up to harsh conditions

Shell “screwed up” drilling for oil in Arctic waters and will not be allowed back without a comprehensive overhaul of its plans, the Obama administration said on Thursday.

A government review found the oil company was not prepared for the extreme conditions in the Arctic, which resulted in a series of blunders and accidents culminating in the New Year’s Eve grounding of its drill rig.

Shell announced a “pause” in Arctic drilling last month. But Ken Salazar, the interior secretary, told a reporters’ conference call that the company will not be allowed to return without producing a much more detailed plan, one tailored specifically to the harsh Arctic conditions.

“Shell will not be able to move forward into the Arctic to do any kind of exploration unless they have this integrated management plan put in place,” said Salazar, in one of his last acts before standing down as interior secretary. “It’s that plain and simple.”

The findings of the review could mean further costs and delays for Shell, which has spent years and $4.5bn securing permits to drill in Arctic waters.

But it did not satisfy some environmental groups which said the review demonstrated the government should never have allowed drilling in the first place.

Salazar and other officials said Shell had not been prepared to drill last year, when a season of blunders and accidents was capped with the New Year’s Eve grounding of one of its drilling rigs.

“Shell screwed up in 2012 and we are not going to let them screw up after their pause is removed,” Salazar said.

The review said Shell had failed to plan for the short drilling season in the Arctic, and the extreme weather conditions. Its equipment, in particular, did not stand up to the harsh environment.

The review did not focus on the government’s failings to anticipate last summer’s near-disasters in the Arctic, and administration officials admitted in the call: “The government has a lot to learn.”

Instead the review reserved its harshest criticism for Shell’s management of its contractors. The review said the company failed to make sure its contractors were up to operating in Arctic conditions. The makers of Shell’s oil spill containment device – which failed on an early test in relatively calm waters off Seattle – only had experience in the Gulf of Mexico.

In a further attempt for a more stringent oversight regime, the review also recommended that any future Arctic plans put forward by Shell be subjected to third-party audit.

The review won cautious praise from some environmental groups as a “first step” towards improving safety in Arctic drilling.

“We are pleased the interior department has conducted this public review, it’s an important first step towards preventing future drilling accidents in the Arctic Ocean,” said Marilyn Heiman, director of the US Arctic programme for Pew Charitable Trusts.

However, Greenpeace said Shell had got off too lightly. “The government should be embarrassed for granting Shell the permits it did this year,” the campaign group said. “This report merely gives big oil a slap on the wrist.”

Conservation group Oceana said that the review had dodged a key question of the administration’s failure to anticipate that Shell would not be prepared to drill in the Arctic.

“The department of the interior must accept responsibility for the failures that resulted in approvals and permits being granted to a company that was obviously not ready,” Oceana said in a statement.

“The government should suspend activities on leases in the Arctic Ocean until and unless companies prove they can operate safely and without harm to the environment and without harm to opportunities for the subsistence way of life.”

Salazar ordered the review of Arctic offshore drilling after a Shell drilling vessel ran aground off the coast of Alaska on New Year’s Eve.

After ordering the review, Salazar told reporters he had doubts about whether drilling could ever be done safely in a region as harsh and remote as the Arctic Sea.

On Thursday, however, Salazar and other officials told reporters that the Obama administration remained committed to drilling for oil in the Arctic.

Vice presidential debate questions, transcript, Oct. 11, 2012 (full text, video) – Politico

Category : Stocks


Politico
Vice presidential debate questions, transcript, Oct. 11, 2012 (full text, video)
Politico
Transcript of the Oct. 11, 2012, vice presidential debate between Joe Biden and Paul Ryan in Danville, Ky., as prepared by the Commission on Presidential Debates with permission to re-publish. Click to enlarge and browse the transcript by topic and standout

Read more: Vice presidential debate questions, transcript, Oct. 11, 2012 (full text, video) – Politico

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CFIA Statement

Category : World News

OTTAWA, ONTARIO–(Marketwire – Oct. 13, 2012) - The priority of the Canadian Food Inspection Agency (CFIA) is food safety and consumer protection. With the cooperation and commitment of XL Foods Inc., we are prepared to complete our assessment of Establishment 38 as quickly as possible.

Link: CFIA Statement

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CFIA Statement

Category : World News

OTTAWA, ONTARIO–(Marketwire – Oct. 13, 2012) - The priority of the Canadian Food Inspection Agency (CFIA) is food safety and consumer protection. With the cooperation and commitment of XL Foods Inc., we are prepared to complete our assessment of Establishment 38 as quickly as possible.

More here: CFIA Statement

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JBI Comments on Improper Release of SAIC Evaluation Report

Category : Stocks, World News

THOROLD, ON–(Marketwire – Oct 12, 2012) – JBI, Inc. (“JBI” or the “Company”) (OTCQB: JBII) has become aware of the improper release of a confidential executive summary prepared by SAIC Energy, Environment & Infrastructure, LLC (“SAIC”) relating to SAIC’s May 2012 evaluation report on JBI’s Plastic2Oil ® (“P2O ®”) technology.

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Insurers urge flood preparations

Category : Business

Insurers are urging homeowners to be well prepared by keeping key documents safe as strong winds and rain lash parts of the UK.

Continued here: Insurers urge flood preparations

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Update: Option reports First Half Year 2012 results

Category : Stocks

LEUVEN, BELGIUM–(Marketwire – Aug 31, 2012) – Option N.V. (EURONEXT Brussels: OPTI; OTC:
OPNVY), the wireless technology company, today announced its results for
the
first half fiscal year ended June 30, 2012. The financial information
reported
in this release is presented in Euros and has been prepared in accordance
with
the recognition and measurement criteria of IFRS as adopted by the European
Union. The accounting policies and methods of computation followed in the
attached financial statements are the same as those followed in the most
recent
annual financial statements. The company released its IAS 34 interim
financial
statements.

Here is the original post: Update: Option reports First Half Year 2012 results

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