Oil groups sue EPA over delays in biofuel targets
The American Fuel and Petrochemical Manufacturers and the American Petroleum Institute filed a lawsuit in Washington DC accusing the EPA of failing to finalize 2014 and 2015 Renewable Fuel Standard blending requirements on time. The groups say the delays hurt planning and output adjustments while the EPA pledges to finalize 2014 2015 and 2016 volume standards by year end.
MENTIONED IN THIS ARTICLE
Oil and Gas
The
Environmental Protection Agency
American Fuel and Petrochemical Manufacturers
American Petroleum Institute
EPA
U.S
API
AFPM
Washington, D.C
Minnesota entrepreneur drives climate control startup 75F forward
Deepinder Singh, a Minnesota engineer born in India, built 75F after solving a home thermostat problem. The company focuses on small to mid sized commercial buildings, aiming for 20 million potential systems, with 15 Minnesota employees and six Bangalore programmers. 75F seeks $750,000 in initial equity, hoping for $60 million in sales and 100 jobs in five years.
MENTIONED IN THIS ARTICLE
Eepinder Singh
Minnesota
India
Manpreet Kanwar
Detroit
Mankato
Minn
Kanwar
Singh
General Electric
Honeywell
75F
Bangalore
Schrankler
Minneapolis Star Tribune
Deepinder Singh
Burnsville, Minn
U.S
GoDaddy IPO seeks up to 2.87 billion valuation
GoDaddy Inc. files for an initial public offering offering 22 million shares at 17 to 19 dollars each to raise as much as 418 million. The company aims for a market value between 2.57 and 2.87 billion with proceeds to repay debt and pay current owners. Morgan Stanley JPMorgan Chase and Citigroup will manage the listing on the NYSE under GDDY.
MENTIONED IN THIS ARTICLE
GoDaddy Inc
Cedar Rapids
Bob Parsons
Go- Daddy
Hiawatha
GoDaddy
KKR & Co
Silver Lake Management
Endurance International Group Holdings
Cognizant Technology Solutions
Bloomberg
KKR
Silver Lake
Morgan Stanley
Jpmorgan Chase
Citigroup
New York Stock Exchange
GDDY
Evans argues delaying rate hikes is optimal in uncertainty
Chicago Federal Reserve President Charles Evans urged delaying any rate increase until 2016 in a Brookings Institution paper. He notes the zero lower bound on nominal rates favors a looser policy amid uncertain labor and inflation projections, while a quicker hike could harm growth and inflation if timing is wrong.
MENTIONED IN THIS ARTICLE
Federal Reserve
Charles Evans
U.S
Fed
Chicago Fed
Brookings Institution
Evans
Janet Yellen
Sion
Yellen
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Steve Case
Deepinder
Jay
Chicago Federal Reserve Bank
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