• Exxon knew of climate change in 1981, email says – but it funded deniers for 27 more years

    Published: Thu, Jul 9, 2015

    ExxonMobil, the world’s biggest oil company, knew as early as 1981 of climate change – seven years before it became a public issue, according to a newly discovered email from one of the firm’s own scientists. Despite this the firm spent millions over the next 27 years to promote climate denial. The email from Exxon’s in-house climate expert provides evidence the company was aware of the connection between fossil fuels and climate change, and the potential for carbon-cutting regulations that could hurt its bottom line, over a generation ago – factoring that knowledge into its decision about an enormous gas field in south-east Asia. The field, off the coast of Indonesia, would have been the single largest source of global warming pollution at the time. “Exxon first got interested in climate change in 1981 because it was seeking to develop the Natuna gas field off Indonesia,” Lenny Bernstein, a 30-year industry veteran and Exxon’s former in-house climate expert, wrote in the email. “This is an immense reserve of natural gas, but it is 70% CO2”, or carbon dioxide, the main driver of climate change.

  • Taco Bell begins testing delivery service at 200 stores

    Published: Wed, Jul 8, 2015

    Taco Bell doesn't want you to have to leave your couch next time you crave a chalupa, USA TODAY reports. The fast-food company says it will begin testing delivery service on Wednesday at 200 outlets in their Dallas, Los Angeles, Orange County, Calif., and San Francisco Bay area markets.

  • NYSE trading halted; stocks down 1% as China, Greece weigh

    Published: Wed, Jul 8, 2015

    U.S. stocks traded sharply lower on Wednesday as continued concerns about Greece and the extended selloff in the Chinese market pressured investor sentiment.

  • New York Stock Exchange suspends trading

    Published: Wed, Jul 8, 2015

    The New York Stock Exchange suspended trading Wednesday morning,CNN Money reports. No one could buy or sell stocks. In a brief announcement, the exchange said it was experiencing a technical issue. The suspension took place at 11:32 a.m.

  • China stocks hammered as market crash continues

    Published: Wed, Jul 8, 2015

    The Shanghai Composite plunged 8% at the market open on Wednesday, and spent the entire day in negative territory before closing down 5.9%. The vast majority of stocks listed on the benchmark index shed 10%, the maximum limit shares are allowed to fall before being halted. The smaller Shenzhen Composite lost 2.5%, while Hong Kong's Hang Seng dropped 5.8%. "At the moment there is a mood of panic in the market and a large increase in irrational dumping of shares, causing a strain of liquidity in the stock market," China Securities Regulatory Commission said in statement.

  • Time Warner Cable owes $229,500 to woman it would not stop calling

    Published: Wed, Jul 8, 2015

    Many people dislike receiving robocalls. Araceli King disliked receiving 153 of them from a single company. Time Warner Cable Inc must pay the insurance claims specialist $229,500 for placing 153 automated calls meant for someone else to her cellphone in less than a year, even after she told it to stop, a Manhattan federal judge ruled on Tuesday. King, of Irving, Texas, accused Time Warner Cable of harassing her by leaving messages for Luiz Perez, who once held her cellphone number, even after she made clear who she was in a seven-minute discussion with a company representative.

  • Blue Cross and Blue Shield of Oklahoma insurance rates might go up 31 percent in 2016: Report

    Published: Tue, Jul 7, 2015

    WASHINGTON — Health insurance companies around the country are seeking rate increases of 20 percent to 40 percent or more, saying their new customers under the Affordable Care Act turned out to be sicker than expected. Federal officials say they are determined to see that the requests are scaled back. Blue Cross and Blue Shield plans — market leaders in many states — are seeking rate increases that average 23 percent in Illinois, 25 percent in North Carolina, 31 percent in Oklahoma, 36 percent in Tennessee and 54 percent in Minnesota, according to documents posted online by the federal government and state insurance commissioners and interviews with insurance executives.

  • Samsung releases world's first 2TB consumer SSDs

    Published: Tue, Jul 7, 2015

    Samsung today announced what it is calling the first multi-terabyte consumer solid-state drive (SSD), which will offer 2TB of capacity in a 2.5-in. form factor for laptops and desktops. The new 850 Pro and 850 EVO SSDs double the maximum capacity of their predecessors. As with the previous 840 Pro and EVO models, Samsung used its 3D V-NAND technology, which stacks 32 layers of NAND atop one another in a microscopic skyscraper that offers vastly greater flash memory density. Additionally, the drives take advantage of multi-level cell (MLC) and triple-level cell (TLC) (2- and 3-bit per cell) technology for even greater density.

  • 24 successful people who wake up really (really) early

    Published: Mon, Jul 6, 2015

    They say the early bird catches the worm, and research suggests there might be some truth to the old adage.   Waking up with (or before) the sun allows executives like AOL's Tim Armstrong and Pepsi's Indra Nooyi to get a head start on the day, knocking out tasks before the rest of the world has rolled out of bed.   Those "extra" hours also give them a chance to do some creative thinking, fit in a workout, and spend time with family.

  • From selling bras to taming lions, here are the summer jobs 19 super successful people had before they were famous

    Published: Mon, Jul 6, 2015

    Even very, very famous people have to start somewhere.   And for a lot of them, "somewhere" is a summer job. For some, those high school and college gigs were obvious steps toward incredible careers. For others, the path to success was...a little more winding.

  • 13 things successful people do over 3-day weekends

    Published: Mon, Jul 6, 2015

    We're heading into a holiday weekend — and most successful people have planned out (or at least thought about) what they'll do over the next three days.   "Successful people recognize how important it is to take advantage of a long weekend to refuel their passions and recharge their batteries," says Michael Kerr, an international business speaker and author of "You Can't Be Serious! Putting Humor to Work."

  • Your 401(k) may nosedive after Greece's vote - but don't panic

    Published: Sun, Jul 5, 2015

    Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} The stock market could very well freak out now that Greeks voted "No" to a bailout deal that could determine its fate in the eurozone. But wait a few days to check your 401(k), and it's likely it will make the losses back. U.S. stocks slid last week once it became clear that Greece would miss a big debt payment to the IMF. It was its worst drop of the year, and it could happen again. But here's why the pain may be limited. First, Greece is small. The country makes up 0.3% of the global economy, and most investors began avoiding the country after it first threatened to default on its debt about five years ago. Second, Greece owes its money to big institutions, not private banks. Private-sector exposure to Greek debt is much smaller than it was the last time Greece neared default, and analysts say that healthier European banks should help stabilize markets -- regardless of Greece's fate in the eurozone.

  • The Internet Is Now Officially Too Big as IP Addresses Run Out

    Published: Fri, Jul 3, 2015

    The Internet as we know it is now officially too big for its britches, NBC News reports. The organization that assigns IP addresses in North America — the numbers that identify every computer, smartphone and device connected to the Internet — ran out of numbers overnight Wednesday. It's not the end of the world, because there's a newer, more robust system rolling out, but it's a milestone in our shared online history, nonetheless.

  • Group commits more than $300M to form new midstream company

    BY ROD WALTON, Tulsa World | Published: Thu, Jul 2, 2015

    Two veterans of Hiland Partners are reunited to form a new Tulsa-based oil and gas pipeline, storage and processing firm.  Joseph Griffin and Derek Gipson are founding Intensity Midstream LLC. The plan is to build or acquire and develop energy transportation, terminal and treatment assets connected to North America basins. The new company is stepping in the midst of an industry-wide downturn, with oil prices falling 50 percent over the past year. Griffin said Intensity was launched with the knowledge that some companies may be willing to sell assets in the near future.

  • Whole Foods execs apologize for overcharging

    Published: Thu, Jul 2, 2015

    Whole Foods top executives said they "made some mistakes" in a video posted to the company's blog after an investigation in New York City claimed the high-end grocery chain consistently overcharges for prepackaged food, USA TODAY reports. "Straight up, we made some mistakes, we want to own that," co-CEO Walter Robb said alongside co-CEO John Mackey.

  • Chicago extends taxing power to online movies, music, more

    Published: Thu, Jul 2, 2015

    Chicagoans who pay to stream movies and music from services like Netflix and Spotify will now need to fork over an additional 9 percent for the privilege, as will Chicago businesses that pay to use everything from real estate to court databases online, under a decision the city quietly made recently to expand its taxing power. The added costs are the result of a ruling by the city Finance Department that extends the reach of ordinances governing two types of taxes — the city amusement tax and the city personal property lease transaction tax — to cover many products streamed to businesses and residents alike.

  • One of the Most Important Tools in Science Now Fits Inside Your Phone

    Published: Thu, Jul 2, 2015

    We use them to spy on exoplanets, diagnose skin-cancer, and ID the makeup of unknown chemicals. They're on NASA spacecraft flying around Saturn's moons right now. Yes, right alongside the microscope, the optical spectrometer—an instrument that breaks down the light that something reflects or emits, telling you what its made of—is one of the most ubiquitous tools in all of science. Today, Jie Bao, a physicist at Tsinghua University in Beijing, China, has just discovered a fascinating way to make them smaller, lighter, and less expensive than we ever thought possible. By using tiny amounts of strange, light-sensitive inks, Bao and his colleague Moungi Bawendi—a chemist at MIT—have designed a working spectrometer that's small enough to fit on your smartphone. Because of the tool's simple design and its need for only an incredibly small amount of the inks, Bao says, his spectrometer only requires a few dollars worth of materials to make. They report the research today in the journal Nature.

  • Denver company buys $840 million worth of Chesapeake assets

    BY JOHN STANCAVAGE, Tulsa World | Published: Wed, Jul 1, 2015

    Denver-based FourPoint Energy LLC announced Wednesday it is buying $840 million in oil and gas  assets from Chesapeake Exploration LLC, CHK Cleveland Tonkawa LLC and others in three related transactions. Chesapeake Exploration and CHK Cleveland's preferred interest owners are funds managed by GSO Capital Partners LP. The deal also includes transactions with other third party investors and common interest owner CEX. The assets to be acquired include an interest in approximately 1,500 producing wells primarily in the Cleveland, Tonkawa and Marmaton formations with average daily net production of approximately 21,500 Boed over the 12-month period ended in April 2015.

  • Apple busted for price fixing, fined $450M

    Published: Tue, Jun 30, 2015

    A federal appeal court Tuesday upheld a ruling charging Apple of illegally conspiring to inflate e-book prices to consumers, despite a vigorous legal battle from the company, USA TODAY reports. The appeal is a win for the Justice Department which accused the gadget maker in 2012 of orchestrating an abusive e-book pricing policy with book publishers. Many of the associated publishers settled the case, but Apple dug in with an appeal. Apple has claimed the U.S. took too much liberty with antitrust rules to punish it. The company has waged a three-year and costly legal campaign to try to beat the charges.

  • Greece has no good options left

    Published: Tue, Jun 30, 2015

    ATHENS, Greece — On Tuesday, two major things happen in Greece: the country's bailout programme runs out, and it owes €1.5 billion ($1.67 billion, £1.07 billion) to the International Monetary Fund (IMF) that it cannot pay.  A German government official says it is now too late for an extension of the bailout programme.   And so the period between now and a Sunday referendum, in which Greeks will be asked to vote "yes" or "no" on a bailout deal negotiated with creditors, will be tense.