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  • 12/05/2017 12:41:48

    7 gas pipeline protesters plan to fight trespassing charges

    Seven people arrested at a protest of a $3 billion pipeline being built to carry natural gas from northeastern Pennsylvania to Southern states intend to fight their charges at trial.

  • 12/05/2017 11:31:22

    Belarus arrests suspected ringleader of global cyber crime network

    One of Eastern Europe's most prolific cyber criminals has been arrested in a joint operation involving Belarus, Germany and the United States that aimed to dismantle a vast computer network used to carry out financial scams, officials said on Tuesday.

  • 12/04/2017 14:49:28

    Depomed farms out Nucynta sales, will lay off 40% of company

    DepoMed Inc. announced Monday afternoon that it will allow Collegium Pharmaceutical Inc. to handle sales of its most lucrative product, the Nucynta line of painkillers, and slash its workforce. DepoMed said that it would take royalties as Collegium markets and sells Nucynta, and eliminate its painkiller salesforce and any brand advertising for the product. The company plans to lay off 40% of its workforce, about 70 employees, and move its headquarters out of Newark, California, to a state on the East Coast or in the Midwest. "Taking these steps, in terms of headcount reductions and office relocation, will provide additional financial and strategic benefits," DepoMed Chief Executive Arthur Higgins,who took the reins of the company earlier this year after an activist-investor battle, said in a prepared statement. DepoMed will receive a minimum royalty of $135 million a year while cutting $70 million in annual expenses, the company said. Through nine months of this year, DepoMed has reported $183.3 million in Nucynta sales, more than half of its $286.3 million in total revenue. DepoMed and Collegium shares were both halted in late trading ahead of the announcement at 4:25 p.m. Eastern time and were expected to begin trading again at 5 p.m. Eastern time.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/30/2017 23:42:58

    At North Korean hub in China, uncertainty looms for Pyongyang-backed businesses

    SHENYANG, China (Reuters) - North Korean-owned businesses such as the Chilbosan Hotel in Shenyang, the biggest city in northeastern China, face an uncertain future as United Nations sanctions against Pyongyang-owned overseas businesses loom.

  • 11/29/2017 20:59:18

    BRIEF-Transeastern Power Trust Reports Third Quarter 2017 Results

    Transeastern Power Trust: * TRANSEASTERN POWER TRUST REPORTS THIRD QUARTER 2017 RESULTS. * TRANSEASTERN POWER TRUST - PRODUCED 18,480 MWH OF ENERGY FOR THE QUARTER ENDED SEPTEMBER 30, 2017 COMPARED TO 9,002 MWH IN THE SECOND QUARTER OF 2016‍​ Source text for Eikon: Further company coverage:

  • 11/28/2017 09:58:48

    ExxonMobil's Canada offshore project produces first oil

    The Hebron oil project off the coast of eastern Canada has produced its first oil, operator Exxon Mobil (XOM) said on Tuesday, in a boost to Atlantic Canada's output after years of weak crude prices. At its peak Hebron will produce up to 150,000 barrels per day, Exxon said.

  • 11/27/2017 13:21:09

    Seth Meyers will host the 2018 Golden Globes

    Comcast Corp.-owned TV network NBC confirmed on Monday that late-night host Seth Meyers will serve as MC of the 75th annual Golden Globe award ceremony on Jan. 7. The Hollywood Foreign Press Association said last week that the NBC host of "Late Night with Seth Meyers" would take the reigns from Jimmy Fallon, who hosted the awards show last year. The Golden Globes, which serve as a kickoff to Hollywood's awards season, will air on NBC at 8 p.m. Eastern on Sunday Jan. 7. The Golden Globe nominations will be announced Monday, Dec. 11.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/27/2017 01:21:15

    China's premier attends summit with eastern European nations

    China's premier is attending a meeting with 16 countries from central and eastern Europe.

  • 11/24/2017 10:43:11

    December gold settles lower, books 1st weekly drop in three weeks

    Gold futures closed modestly lower on Friday, in shortened trade following the Thanksgiving holiday Thursday. December gold settled down $4.90, or 0.4%, at $1,287.30 an ounce. After an up-and-down week, the yellow metal logged a roughly 0.7% weekly decline, marking its first weekly decline in three weeks, according to FactSet data. The exchange-traded SPDR Gold Trust , meanwhile, slipped 0.2%. Metals markets settled at 12:30 p.m. Eastern on Black Friday.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/23/2017 20:27:03

    BRIEF-Reliance Industries ‍closes sale of assets in Marcellus shale play of north-eastern and central Pennsylvania​

    * Closes sale of its assets in Marcellus shale play of north-eastern and central Pennsylvania​

  • 11/23/2017 14:23:32

    Peugeot-owner to use Opel site to assemble engines-Les Echos

    PARIS (Reuters) - Peugeot-owner PSA will use an existing Opel site in eastern Europe to assemble 200,000 petrol engines instead of building new capacity on its own site in Slovakia as initially planned, Les Echos newspapers said on Thursday.

  • 11/23/2017 13:45:04

    Peugeot-owner to use Opel site to assemble engines

    PARIS (Reuters) - Peugeot-owner PSA will use an existing Opel site in eastern Europe to assemble 200,000 petrol engines instead of building new capacity on its own site in Slovakia as initially planned, Les Echos newspapers said on Thursday.

  • 11/21/2017 11:41:53

    SEC charges Long Island town and elected official with municipal bond fraud

    The Securities and Exchange Commission charged the town of Oyster Bay and its highest elected official on Tuesday with allegedly defrauding municipal bond investors when it failed to disclose side deals with a local businessman who had contracts with the town. This businessman allegedly cultivated the relationship with the town, then-town supervisor John Venditto and other officials with gifts, bribes, kickbacks, and political support. In return the town of Oyster Bay, New York allegedly agreed to indirectly guarantee four private loans-totaling more than $20 million-for this vendor and failed to disclose the indirect guarantees in connection with any of the 26 securities offerings the town issued between Aug. 2010 and Dec. 2015. The SEC's complaint alleges that Oyster Bay and Venditto deliberately concealed the indirect loan guarantees, including one that could have required the town to make a termination payment of approximately 16% of the town's operating budget -$16 million-within 60 days had the vendor defaulted on the loans. The SEC's investigation is continuing. The U.S. Attorney's Office for the Eastern District of New York also filed an indictment on Tuesday that included securities fraud charges against Venditto. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/20/2017 04:34:09

    German President Steinmeier to make statement after collapse of coalition talks

    German President Frank-Walter Steinmeier was scheduled to make a statement on Monday following a collapse in talks by Chancellor Angela Merkel's party to form a coalition government, according to local reports. Steinmeier was slated to speak at 2:30 p.m. local time, or 8:30 a.m. Eastern Time. Merkel was to consult with Steinmeier on Monday, Bloomberg reported, about how to move forward after the pro-business Free Democratic Party ended discussions over the weekend about forming a so-called "Jamaica" governing coalition of parties. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/17/2017 16:14:43

    Correction: Keystone pipeline leaks 210K gallons of oil

    TransCanada Corp.'s Keystone pipeline leaked an estimated 210,000 gallons of oil in northeastern South Dakota, the company and state regulators reported Thursday.

  • 11/17/2017 14:21:21

    Keystone pipeline leak won't affect last regulatory hurdle

    TransCanada Corp.'s Keystone pipeline leaked an estimated 210,000 gallons of oil onto agricultural land in northeastern South Dakota, but state officials don't believe the leak polluted any surface water bodies or drinking water systems.

  • 11/17/2017 04:02:42

    Indonesia evacuates villagers after shootings near Freeport copper mine

    Indonesia on Friday began evacuating villages that authorities said had been occupied by armed separatists after a string of shootings near the giant Grasberg copper mine operated by Freeport McMoRan Inc (FCX) in the eastern province of Papua. Two police have been killed and at least 12 people have been wounded by gunfire in the area since mid-August.

  • 11/16/2017 23:12:35

    Keystone pipeline leak days before Nebraska expansion ruling

    TransCanada Corp.'s Keystone pipeline leaked an estimated 210,000 gallons of oil onto agricultural land in northeastern South Dakota, but state officials don't believe the leak polluted any surface water bodies or drinking water systems.

  • 11/16/2017 18:21:58

    Nissan's Infiniti to start producing new SUV in China next year

    Nissan Motor Co's(NSANF) premium brand Infiniti will start producing a new crossover SUV in China next year, using existing manufacturing capacity in the northeastern city of Dalian. The new sport-utility vehicle would be the third Infiniti vehicle model to be produced locally in China, the Hong Kong-headquartered brand's No.2 market after the United States.

  • 11/16/2017 16:05:48

    Keystone pipeline leaks 210K gallons of oil in South Dakota

    TransCanada Corp.'s Keystone pipeline leaked an estimated 210,000 gallons of oil in northeastern South Dakota, the company and state regulators reported Thursday.

  • 11/15/2017 14:33:08

    BRIEF-Williams Partners’ Transco pipeline seeks Ferc approval for gateway project

    * Williams Partners’ Transco Pipeline seeks Ferc approval for gateway project to serve growing northeastern market

  • 11/14/2017 18:46:12

    Indonesian police officer killed in shooting near Freeport mine

    TIMIKA, Indonesia, Nov 15 (Reuters) - An Indonesian police officer was killed and a second wounded after being shot in an area near Freeport-McMoRan Inc's giant Grasberg copper mine in the eastern province of Papua, a police spokesman said.

  • 11/14/2017 13:59:32

    Driverless car lanes among options studied for Foxconn plant

    As regional leaders prepare for challenges that will result from the massive Foxconn plant in southeastern Wisconsin, the possibility of driverless vehicles is being studied as one way to deal with traffic issues.

  • 11/13/2017 22:19:32

    UK Stocks-Factors to watch on Nov 14

    Nov 14 (Reuters) - Britain's FTSE 100 index is seen opening 7 points lower at 7,407.7 on Tuesday, according to financial bookmakers. * RIO TINTO: Mick Davis, the former head of global miner Xstrata, has emerged as a frontrunner to become the next chairman of Anglo Australian miner Rio Tinto,, the Financial Times newspaper reported. * RIO TINTO: The Indonesian unit of Freeport-McMoRan Inc closed the main access road to its giant Grasberg copper mine in the eastern province of

  • 11/13/2017 21:50:13

    Freeport Indonesia closes mine access road again after shooting

    The Indonesian unit of Freeport-McMoRan Inc (FCX) closed the main access road to its giant copper mine in the eastern province of Papua on Tuesday for the second time in three days after another shooting incident. A Freeport vehicle was hit by gunfire while it was heading from Tembagapura to Ridge Camp, the company said in a statement, referring to an area where Freeport workers live.

  • 11/13/2017 12:15:46

    U.S. shale oil output expected to rise by 80,000 barrels a day in December: EIA

    Shale crude-oil production from seven major U.S. oil plays is expected to see a monthly climb of 80,000 barrels a day in December to 6.174 million barrels a day, according to a report from the Energy Information Administration released Monday. The report has forecast increases in shale-oil output every month so far this year. Oil output from the Permian Basin, which covers parts of western Texas and southeastern New Mexico, is expected to see the largest climb among the big shale plays, with an increase of 58,000 barrels a day. December West Texas Intermediate oil rose 7 cents, or 0.1%, to trade at $56.81 a barrel, a few minutes before the settlement on the New York Mercantile Exchange.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/09/2017 05:16:26

    Office Depot beats estimates despite hurricane impact

    Office Depot Inc. said Thursday it had net income of $92 million, or 17 cents a share, in the third quarter, down from $193 million, or 35 cents a share, in the year-earlier period. Adjusted per-share earnings came to 19 cents, ahead of the 13 cents FactSet consensus. Sales fell to $2.620 billion from $2.836 billion, but beat the FactSet consensus of $2.610 billion. The retailer, which has just completed the acquisition of CompuCom Systems Inc., said sales were hurt by hurricanes Harvey, Irma and Maria, which disrupted its Puerto Rico and southeastern U.S. business. The company said it is making progress with a transformation plan put in place by new CEO Gerry smith aimed at making the company more services driven. The company is expecting 2017 sales to be lower than 2016's, mostly due to the impact of store closures, hurricanes and continued challenging market conditions. Shares were not yet active premarket, but have fallen 33% in 2017, while the S&P 500 has gained 16%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/08/2017 11:21:17

    Iowa business leaders want to keep historic tax credit

    Eastern Iowa business leaders are pushing to retain a tax credit that they say has been essential in restoring key downtown buildings.

  • 11/05/2017 23:12:18

    Qatar Airways buys near 10% Cathay Pacific stake

    The Middle Eastern airline will become the Hong Kong-based carrier's third largest shareholder.

  • 11/02/2017 12:45:42

    Nutella-maker Ferrero seeks to crack Turkish grip on hazelnuts

    WINNIPEG, Manitoba, Nov 2 (Reuters) - Chocolate makers' dependence on hazelnuts from a single major producer, Turkey, has sent Italy's Ferrero SpA searching for new suppliers to satisfy consumer cravings, from eastern Canada to Chile and Australia.

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