Shell Announces Plans To Build Cracker Plant In Beaver Co.
PITTSBURGH (KDKA) – Shell has announced that they will be building a state-of-the-art cracker facility in Beaver County. Beaver County commissioners got the good news over the phone at 6 a.m. After years of cajoling by two governors and plenty of local leaders that cut across all political lines, Shell announced it will build a major petrochemical complex along the Ohio River right off Interstate 376, just 30 miles from downtown Pittsburgh. Shell said construction will take approximately 18 mon..>> view originalAsian shares return to gains as markets digest China trade data
SINGAPORE/TOKYO Asian shares edged up on Wednesday, as markets digested Chinese trade data against the backdrop of a brightening energy sector outlook and an expected delay in interest rate hikes by the U.S. Federal Reserve. European markets though were poised for a subdued start, with financial spreadbetters expecting Britain's FTSE 100 and France's CAC to open down 0.2 percent, and Germany's DAX to start the day 0.3 percent lower. The MSCI's broadest index of Asia-Pacific shares outside Japa..>> view originalIn boost to Paris climate pact, India says it aims to join this year
WASHINGTON India has agreed to work toward joining the Paris Agreement on climate change this year, India and the United States said on Tuesday, giving a jolt of momentum to the international fight to curb global warming.At a time of heightened tensions in Asia over China's assertive pursuit of territory, the two countries also pledged to expand military cooperation and outlined principles for cooperation on cyber issues. President Barack Obama welcomed Indian Prime Minister Narendra Modi to t..>> view originalInfluential GOP Congressman Wants To Replace Key Bank Regulations
House Financial Services Committee Chairman Jeb Hensarling, shown here at a hearing in March, claims many of the provisions in Dodd-Frank have hurt the economy. Jacquelyn Martin/wld hide caption toggle caption Jacquelyn Martin/wld House Financial Services Committee Chairman Jeb Hensarling, shown here at a hearing in March, claims many of the provisions in..>> view original12-Year-Old Boy Stabbed During Bank Robbery 'Doing Well'
SAN LEANDRO (CBS SF) — A 12-year-old boy who was stabbed by an erratic woman trying to rob bank customers in San Leandro on Monday is recovering from surgery and “doing well,” a police lieutenant said Tuesday. The boy, identified Tuesday as Jacob Soriano, was sitting in a lobby chair at the Wells Fargo bank at 1298 E. 14th St. at about 11:30 a.m. waiting for a relative to finish a bank transaction. He was suddenly stabbed three times in the back, including a deep wound near his neck, by a woman..>> view originalFull Text: India-US Joint Statement On Prime Minister Modi's US Visit
The United States and India: Enduring Global Partners in the 21st Century The Prime Minister of India Narendra Modi and the President of the United States of America Barack Obama met today in the White House during an official working visit of Prime Minister Modi to the United States. Marking their third major bilateral summit, the leaders reviewed the deepening strategic partnership between the United States and India that is rooted in shared values of freedom, democracy, universal human right..>> view originalTeen Fights to Defend His Legal Right to Strap Guns to Drones
VIDEOA viral video from last summer is currently the subject of what could turn out to be an important legal battle: Is it OK to strap a gun (or a flamethrower) to a drone? And if it’s not, does the Federal Aviation Administration have the legal authority to do anything about it? Drone pilots around the country—even those who don’t have any interest aerial weaponry—find themselves in the odd position of having to root for a Connecticut teenager and his homemade, weapon-mounted drones. Shortl..>> view originalBy 2020, half the world's wealth will be controlled by millionaires
The trend will likely accelerate in the next five years, as the largest wealth gains are expected to go to those at the very top of the top. U.S. households worth $20 million or more will see their wealth growth by more than 7.6 percent over the next five years, according to the report. Those in the U.S. worth $1 million to $20 million will see there wealth grow 5.7 percent, while those worth less than $1 million will see their wealth grow 1.2 percent. The strongest growth in global millio..>> view originalSmartphone sales growth will drop to single digits in 2016, says Gartner
Analyst Gartner is expecting a big drop in smartphone sales growth, projecting the market will shrink from 14.4 per cent growth in 2015 to just 7 per cent in 2016 — with only 1.5 billion smartphone units being shipped globally this year. The high watermark for smartphone sales was back in 2010, when Gartner notes the market grew 73 per cent. The signs of a slowdown in the global smartphone market have been clear for more than a year, with mature Western markets saturated and China’s growth eng..>> view originalChina Exports Continue to Shrink as Demand Wanes
BEIJING—China’s exports declined in May for the second consecutive month while imports fell slightly as weak demand further weighed on the world’s second-largest economy. Exports slid 4.1% last month from the previous year, after declining 1.8% in April, the General Administration of Customs said Wednesday. The rate is slightly stronger than the median 4.6% decline forecast by 16 economists polled by The Wall Street Journal....>> view original
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