• Energy Transfer Equity's $53 billion bid for Tulsa-based Williams shows history, future of natural gas industry

    BY ROD WALTON, Tulsa World | Published: Mon, Jun 22, 2015

    Nearly four years ago, Energy Transfer Equity LP and Tulsa-based Williams Cos. were duking it out over their shared desire for buying Southern Union Co.'s natural gas pipeline system. Williams lost that battle, although the company has been on a successful buying spree since then. Now the two are squared off again, but this time it's Williams that ETE is trying to acquire. On Sunday, Williams revealed that it was exploring "strategic alternatives" after receiving an unsolicited takeover offer.

  • Why the Saudis Are Going Solar

    Published: Mon, Jun 22, 2015

    The fate of one of the biggest fossil-fuel producers may now depend on its investment in renewable energy. The Saudis burn about a quarter of the oil they produce—and their domestic consumption has been rising at an alarming 7 percent a year, nearly three times the rate of population growth. According to a widely read December 2011 report by Chatham House, a British think tank, if this trend continues, domestic consumption could eat into Saudi oil exports by 2021 and render the kingdom a net oil importer by 2038. Solar, they have decided, is an obvious alternative. In addition to having some of the world’s richest oil fields, Saudi Arabia also has some of the world’s most intense sunlight. (On a map showing levels of solar radiation, with the sunniest areas colored deep red, the kingdom is as blood-red as a raw steak.) Saudi Arabia also has vast expanses of open desert seemingly tailor-made for solar-panel arrays.

  • General Mills to axe artificial flavors from cereals

    Published: Mon, Jun 22, 2015

    General Mills will get rid of artificial flavors and colors from all of its cereals by 2017, the company said Monday. USA TODAY reports cereals such as Trix and Reese's Puffs will be getting a natural reboot with ingredients including fruit and vegetable juices, and natural vanilla.

  • This Survey Says That Marijuana Prices Are Crashing in Colorado

    Published: Mon, Jun 22, 2015

    It's been a little over a year since Colorado began allowing stores to sell marijuana for recreational use and the market continues to grow rapidly . But there are clouds (ahem) on the horizon, says Bloomberg Business. Nicholas Colas and his team at Convergex , a global brokerage company based in New York, surveyed a number of marijuana stores in Colorado last week to get a better picture of the state of the nascent market. What they found was that prices are declining faster than some had expected, while the number of people visiting the stores has increased.

  • Williams Cos. considers strategic alternatives after receiving unsolicited acquisition offer

    Published: Mon, Jun 22, 2015

    Tulsa-based Williams Cos. Inc., one of Oklahoma’s biggest companies and a leader in the natural gas infrastructure industry, announced Sunday it is considering a range of “strategic alternatives,” which could include a sale or merger, after receiving an unsolicited takeover bid by an undisclosed bidder. The would-be buyer, which Williams would not reveal, is offering $64 per share in an all-equity transaction. Williams Cos. has an overall stock market capitalization of more than $36 billion. Trading Friday closed at $48.34 per share on the New York Stock Exchange. A Williams news release Sunday, however, indicated that the offer was inadequate.

  • Tulsa-area foreclosures in May rise significantly from last year

    BY ROBERT EVATT, Tulsa World | Published: Thu, Jun 18, 2015

    Though fewer people in the Tulsa area faced foreclosure in May than in April, the overall level of foreclosures was significantly higher than last year. Approximately 484 foreclosures were filed in the metro area last month, according to statistics from real estate data service RealtyTrac. The resulting foreclosure rate of one for every 852 households was down 43.3 percent from the previous year, though up 58.7 percent from the previous May.

  • Is the Definition of a Retail Anchor Changing?

    Published: Thu, Jun 18, 2015

    Not every project can have Whole Foods on the ground floor. Yes, the organic grocer is considered by many to be the top anchor in the market. But, instead of targeting a grocery store or big box retailers, many developers are going another route. Read more at: https://www.bisnow.com/washington-dc/news/commercial-real-estate/is-the-definition-of-a-retail-anchor-changing-46679?utm_source=CopyShare&utm_medium=Browser

  • California labor commission rules Uber drivers are employees, which could clobber the $50 billion company

    Published: Wed, Jun 17, 2015

    The California labor commission has ruled Uber drivers are employees, Reuters reports.  The decision was made after a San Francisco driver, Barbara Ann Berwick, filed a claim against the company.  The commission sided with her largely because it deemed Uber was "involved in every aspect of the operation."  It's potentially a huge blow to Uber's business model, at least in California.

  • This 1961 AT&T Video Predicts Online Shopping

    Published: Wed, Jun 17, 2015

    The earliest efforts to envision the Internet didn't begin until the 1960s. But AT&T was ahead of the game, as evidenced by this 1961 film showcasing the predicted technologies of the future.

  • Uber driver is employee, not contractor: California Labor Commission

    Published: Wed, Jun 17, 2015

    A San Francisco-based driver for smartphone-based ride-hailing service Uber is an employee, not a contractor, according to a ruling by the California Labor Commission.The ruling, filed o

  • 20 great places for new moms to work

    Published: Tue, Jun 16, 2015

    If you're a new mom, the bad news is that, unlike all other developed countries in the world, the US doesn't ensure any paid time off for new moms. The good news is that some companies are stepping up their game to make up for where US policy lacks. Companies like Google, which offers 18 weeks of paid leave to new mothers if they are the primary caregiver, are realizing that offering new parents more paid time off can be a real competitive advantage.

  • The 3 questions one CEO hopes to hear from everyone he interviews — but hardly ever does

    Published: Tue, Jun 16, 2015

    At the end of most job interviews, the hiring manager will turn the tables and ask, "So, do you have any questions for me?" Most candidates use this time to learn more about salary and job requirements — but David Melancon, CEO of btr., a corporate rankings platform that focuses on holistic performance, says these are three questions that are far more important, and most people fail to ask them.

  • The 25 most beloved CEOs in America

    Published: Tue, Jun 16, 2015

    Can't stand the big boss at work? Try getting a job at Google, Nike, or Goldman Sachs. Employees at these companies have three of America's most beloved CEOs. That's according to a new report by Glassdoor, an online jobs and careers community. The 2015 Highest-Rated CEOs report relied solely on the input of employees who elected to participate anonymously in an online company review survey.

  • Gas price in Tulsa shoots up to another 2015 high

    BY ROD WALTON, Tulsa World | Published: Mon, Jun 15, 2015

    Lower gas prices finally seem to have led to higher gas prices. Demand fueled by the year-long collapse in crude oil and refined fuels prices has spiked what may be a short-term jump in gasoline at the pump. Many QuikTrip stations lifted their price of regular unleaded by 12 cents to $2.599 per gallon late this weekend. Some stations were still lower, but overall the Tulsa average is hovering nearer to $2.60 per gallon for the first time since December 2014. Read the rest of this story at TulsaWorld.com.

  • Netflix's new homepage makes it much easier to find movies you like

    Published: Mon, Jun 15, 2015

    Get ready for a new-look Netflix, Mashable reports. Netflix announced its much anticipated redesign to its user experience had finally begun to roll out to the masses, the first such major change in four years.

  • Tulsa has third-cheapest home insurance in state, study says

    BY LAURIE WINSLOW, Tulsa World | Published: Thu, Jun 11, 2015

    Home sweet home. Tulsa homeowners have something to cheer about, considering that the city has the third-cheapest homeowners insurance in the state, based on an analysis of 55 cities within Oklahoma by ValuePenguin. Tulsa homeowners on average pay $3,651 annually for home insurance, which is 21 percent lower than the state average of $4,610. Read the rest of this story at TulsaWorld.com.

  • Police Shut Down Girls' Lemonade Stand for Ridiculous Reason

    Published: Thu, Jun 11, 2015

    Sisters who set up a lemonade stand to fund a Father’s Day gift on Monday were shut down by the police due to a lack of permit. Andria Green, 8, and her sister, Zoey, 7, set up the lemonade stand to raise the $105 they needed for tickets to the Texas water park Splash Kingdom. They were selling lemonade for 50 cents and kettle corn for one dollar on their street in the town of Overton, but about an hour after opening, police showed up and told the girls they needed a permit to sell the lemonade. Police agreed to waive the fee of the permit, which normally would cost $150. “The officer told them they had to go to city hall to get a permit,” Overton Police Chief Clyde Carter tells Yahoo Parenting. “Then the city told them they had to check with the health department, which they didn’t do.”

  • Taco Bell execs sent 'Millennial Word of the Week'

    Published: Thu, Jun 11, 2015

    Taco Bell executives are studying a strange new vocabulary emerging on this side of the border — the lingo of its young customers, The Associated Press reports. CEO Brian Niccol said the company features a "Millennial Word of the Week" at its headquarters as a reminder of how the chain's biggest fan base communicates. Niccol said the words are "curated" by a group of employees in their 20s who send out an email every Tuesday or Wednesday. The words are also posted on screens and monitors around the office in Irvine, California.

  • Rupert Murdoch preparing to step down as CEO from 21st Century Fox

    Published: Thu, Jun 11, 2015

    Rupert Murdoch , the 84-year old CEO and controlling shareholder of Twenty First Century Fox , is preparing to step down as CEO of the media giant and hand that title to his son James, according to numerous sources close to the Murdoch family says CNBC. An announcement is expected in the near term, while it's unclear whether the reorganization would take place this year or at the start of 2016. Mr. Murdoch will continue to be the executive chairman of Fox, while his son Lachlan would also become an executive co-chairman of the company.

  • Page Six exclusive: Lester Holt wants Brian Williams' $10M salary

    Published: Thu, Jun 11, 2015

    Lester Holt — who’s primed to permanently take over for fibbing Brian Williams on “ NBC Nightly News ” — wants the same $10 million-per-year salary Williams was getting, says Page Six. Holt’s agents want to quietly renegotiate his contract with NBC as the network tries to reach a resolution over Williams, who will not return to “Nightly News” following an internal investigation. But insiders tell us it’s Holt who’s got the upper hand as NBC News has no backup anchor plan.




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