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  • Proposal for second US LNG export terminal gets nod Proposal for second US LNG export terminal gets nod

    WASHINGTON - The Energy Department Friday gave a conditional nod authorizing Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to set up a second facility for export of domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The approval means that gas-hungry markets like Japan and India could start ...

  • Nippon Airways reports minor incident on modified Dreamliner Nippon Airways reports minor incident on modified Dreamliner

    TOKYO - Japan's All Nippon Airways said Friday a modified Dreamliner had suffered a "minor" setback while conducting a test flight of an aircraft this month, but assured it was not due to overheating of lithium batteries. All Nippon Airways, the Japanese airline that is the largest operator of Boeing's beleaguered Dreamliner, said an electric distribution panel overheated and blackened during ...

  • Bangladesh garment factories reopen within days of shutdown Bangladesh garment factories reopen within days of shutdown

    DHAKA - Bangladesh has re-opened hundreds of garment factories after just three days of closure following protests over pay and poor work conditions. The Bangladesh Garment Manufacturers and Exporters Association had called for the re-opening on Friday. The shutdown of factories this week was prompted by worker protests over low pay and poor working conditions sparked by the country's ...

  • Share of developing nations in investments set to triple by 2030 Share of developing nations in investments set to triple by 2030

    WASHINGTON - The share of developing countries led by China and India in global investment is expected to triple by 2030 to three-fifths, from one-fifth in 2000, says the latest edition of the World Bank's Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades. Seventeen years from now, ...

  • Ocado enters sale and lease back deal with Morrisons for Dordon facility Ocado enters sale and lease back deal with Morrisons for Dordon facility

    LONDON - Morrisons Supermarkets, one of the major British retail chains, has entered into a 170 million pounds and 25-year agreement with Ocado Group plc ("Ocado"), to acquire its recently opened Dordon Customer Fulfilment Centre (CFC) in the Midlands, and lease it back with commitment to use its logistics and distribution facilities to start grocery deliveries to customers by January ...


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Movie Review

The Threepenny Opera (Die 3groschenoper) [DVD]

The Threepenny Opera (Die 3groschenoper) [DVD]

The Threepenny Opera (Die 3groschenoper) began its life on stage in Germany in the late 1920s as a rousing opera parody that dared to use the underbelly of society as its canvas. The exact process by which it was written and staged is such a labyrinth of confus ... ...

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  • Big banks provide cash for payday loans

    Fast cash is a few clicks away for Minnesotans at the popular CashNetUSA website, where a two-week loan for $100 carries an annual percentage rate of about 390 percent. To many critics, the terms are outrageous and usurious. But they are typical in the world of high-cost short-term consumer loans, or payday lending, and legal in Minnesota. In fact, the business is supported by some of the ...

  • New Microsoft CFOs compensation package disclosed

    Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Janet I. ...

  • Open thread for night owls Stephen Lerner on breaking Wall Streets grip

    [T]o build a new anti-poverty movement will require the kind of organizing and actions that are as creative, visible and gripping as the Occupy Wall Street movement. Enter Stephen Lerner. Lerner is a labor and community organizer who has spent more than three decades organizing hundreds of thousands of janitors, farm workers, garment workers and other low-wage workers into unions. These ...

  • Oil prices rise on encouraging economic data

    Oil prices extended rally Friday on upbeat US economic data as well as positive performance in US commodity markets.US consumer confidence surged to a six-year high in May thanks to a rising stock market and cheaper gas prices, the monthly Thomson Reuters/University of Michigan index of consumer sentiment reported Friday.The preliminary reading of the consumer sentiment rose to 83.7 in May from ...

  • China April home prices rise 4.9 percent Reuters calculation

    BEIJING (Reuters) - Average new home prices in China's 70 major cities rose 4.9 percent in April from a year earlier, according to Reuters calculations based on official data published on Saturday, marking the fourth straight month of year-on-year ...

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