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Schlumberger to Cut 2,000 More Jobs, Profit Falls 38.8%

Thu, 04/16/2015 - 4:27pm
Schlumberger, the world's No.1 oilfield services provider, reported a 38.8 percent drop in quarterly profit and said it would cut a further 2,000 jobs, blaming the fall in drilling activity, particularly in North America.
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Mattel Sales Fall for Sixth Straight Quarter

Thu, 04/16/2015 - 4:23pm
Mattel reported its sixth straight fall in quarterly worldwide sales as it focuses on turning around its business and launching toys to make up for plunging demand for its Barbie dolls.
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Owner of Oregon mining claim asks armed supporters to back down in dispute with federal agency

Thu, 04/16/2015 - 4:16pm
A man who owns a gold-mining claim on federal land in southwestern Oregon asked for help defending it after U.S. authorities ordered him to stop work but is now telling his armed supporters to back off.
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Obama recognizes a dozen ordinary people for 'extraordinary' work benefiting working families

Thu, 04/16/2015 - 4:01pm
President Barack Obama has recognized a dozen people who he says have done extraordinary things to help working families.
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Audit: Serious problems remain with Vermont Health Connect insurance exchange

Thu, 04/16/2015 - 3:53pm
A state audit report released Thursday finds serious problems remain with the troubled Vermont Health Connect insurance exchange and questions whether the state can meet deadlines for needed system developments to address the shortcomings.
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Michigan Senate passes auto insurance bills amid debate over limiting medical costs, premiums

Thu, 04/16/2015 - 3:42pm
A divided state Senate approved revisions Thursday to Michigan's auto insurance law that backers said would curtail costs in the only state to require unlimited medical benefits for those severely injured in crashes and that opponents warned would hurt patients.
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Indiana lures Chicago-based company across border as jobs rivalry intensifies between states

Thu, 04/16/2015 - 3:30pm
Officials with an Illinois-based industrial shelving company say they're expanding in Gary, Indiana.
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WikiLeaks puts all emails, documents from last year's Sony hack in searchable online archive

Thu, 04/16/2015 - 3:20pm
Whistleblower site WikiLeaks has put hundreds of thousands of emails and documents from last year's Sony hack into a searchable online archive.
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Varoufakis Says Greece Has Gone From Ponzi Borrowing To Ponzi Austerity

Thu, 04/16/2015 - 3:04pm
Greek Finance Minister Yanis Varoufakis on Thursday made an impassioned plea for a change in the term of the aid the country is receiving from international creditors, saying the country has gone from a Ponzi scheme of unsustainable borrowing to a scheme of Ponzi austerity.
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Lawmakers Unveil 'fast Track' Trade Bill

Thu, 04/16/2015 - 2:49pm
U.S. lawmakers unveiled a bill Thursday that would give President Barack Obama "fast track" negotiating authority on international trade agreements.
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Oil Futures Mark Sixth Straight Session Gain

Thu, 04/16/2015 - 2:45pm
Oil futures rose on Thursday, marking a sixth session gain in a row, to finish at a fresh high for the year.
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Top Republicans, Democrats agree to fast-track trade deals, give Congress up or down vote

Thu, 04/16/2015 - 2:41pm
Top congressional Republicans and Democrats say they've reached a deal to allow President Barack Obama to negotiate trade deals subject to an up-or-down vote from Congress.
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Germany's Schaeuble: Grexit Is Only a Decision For Greece

Thu, 04/16/2015 - 2:23pm
German Finance Minister Wolfgang Schaeuble said only the Greeks can determine whether they will stay in the eurozone, though he gave no sign that he would accept a delay or reduction in payments from the struggling nation.
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Carl Icahn's $100+ Million Pay Day On Netflix

Thu, 04/16/2015 - 2:16pm
Billionaire investor Carl Icahn has Netflix Inc. to thank for being more than $100 million richer in one day.
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Penn National gives regulators its updated plans for slot parlor to open on Rhode Island line

Thu, 04/16/2015 - 2:08pm
Massachusetts is inching closer to the official launch of its casino industry, as Penn National Gaming submitted revised plans Thursday for a slot parlor slated to open in June along the Rhode Island border while regulators highlighted steps the state still needs to complete before it can oversee gambling operations.
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Milan furniture fair contemplates design's future through examination of past

Thu, 04/16/2015 - 1:58pm
The Memphis Group, a postmodern design movement that launched at the Milan Furniture Fair in 1981, was back to permeate this year's fair, not just with its acid colors and fanciful squiggles but with its pervasive search for clarity between the artistic and commercial.
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Gold Futures Settle Lower, But Hold Near $1,200

Thu, 04/16/2015 - 1:54pm
Gold futures pulled back on Thursday after strong gains a day earlier.
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Pro-Russian journalist gunned down in Ukraine's capital, the day after lawmaker's death

Thu, 04/16/2015 - 1:49pm
A Ukrainian journalist known for his pro-Russian views was gunned down Thursday in broad daylight in Kiev, local police said, a day after a pro-Russian lawmaker was found dead.
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Port of Longview working with company on oil refinery proposal, first on Columbia River

Thu, 04/16/2015 - 1:48pm
The Port of Longview says it's working with an energy company on a proposal for a new crude oil refinery, the first such facility on the Columbia River.
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Gov. Raimondo sought to act with urgency in 1st 100 days to stop Rhode Island's decline

Thu, 04/16/2015 - 1:42pm
Gov. Gina Raimondo vowed in her inaugural address that she would think differently and act urgently to stop the state's decline.
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