BP Amoco merger to create $110 billion oil giant
British Petroleum and Amoco announce a $48 billion stock merger that would form BP Amoco PLC with a $110 billion market cap, aim to cut $2 billion in duplication, and impact 6,000 jobs mainly in Cleveland and Houston. Amoco Canada employs 2,200, Calgary heads.
MENTIONED IN THIS ARTICLE
Calgaryritish Petroleum Co
Canada
Amoco Corp
Amoco
BP Amoco PLC
London
John Browne
Cleveland
Houston
New York Stock Exchange
Amoco Canada
Calgary
U.S
Rocky Mountain
Smoke from Alberta fires drifts into Medicine Hat
Smoke from northern Alberta wildfires pushed into Medicine Hat on Tuesday morning reducing visibility to four kilometres. Environment Canada forecasters expect the haze to dissipate as southwesterly winds shift. 97 fires burn in the region with 65 out of control and 1,337 fires statewide this year burning about 430 297 hectares.
MENTIONED IN THIS ARTICLE
Tannis Toohey
Alberta
Medicine Hat
Environment Canada
Dennis Dudley
Dudley
Slave Lake
Edmonton
Michael Weigel
Weigel
Environmental Protection
Rob Burnett
Killers free at 21
Jonesboro Ark. A 12 year old friend convicted and Mitchell Johnson 14 year old Guilty on five counts of capital murder and ten counts of battery in the Westside Middle School ambush. Judge orders juvenile custody possibly until 21 with 90 day jail if released early and probation to 21. Nine students and one teacher injured in the March 24 attack.
MENTIONED IN THIS ARTICLE
Jonesboro
Arkboy
Mitchell Johnson
Andrew Golden
Westside Middle School
Bank Umbrellas and Rainy Day Loans Witticism
A witty remark by Robert Frost equates a bank to lending an umbrella in good weather and asking for it back when rain comes, highlighting the irony of financial trust and repayment. It frames banks as custodians of resources that are retrieved in times of need.
MENTIONED IN THIS ARTICLE
Bank
Robert Frost
Ex-employee jailed for two Mac's store robberies
Samuel John Bray, 24, formerly employed at Mac's on Dunmore Road, received a four year sentence after pleading guilty to two counts of robbery and two counts of using an imitation firearm. He entered the store before 3 am on June 1 and again on June 5, threatening clerks and stealing $415. the gun was a BB pistol.
MENTIONED IN THIS ARTICLE
Medicine Hat
Mac’s
Dunmore Road
John Dillinger
Darwin Greaves
Samuel John Bray
Greaves
Bray
Darren Lewry
Shelley Graham
Graham
Randall Pick
Dietrich Brand
Salmon Arm evacuees return as fire nears containment
About 6,000 residents were allowed to return to Salmon Arm while 2,000 with homes near the still uncontrolled blaze remain away. The 5,200 hectare fire was 95 percent contained, but officials warned hot, dry weather and a cold front could trigger new evacuations. Mayor Colin Mayes cautioned that winds could raise danger.
MENTIONED IN THIS ARTICLE
Salmon Arm
B.C
Bob Turley
Mitzi Bushell
B.C. Forest Service
Colin Mayes
Fire destroys $1 million lion potato plant in Elmsdale
Five people used a lighter to view a car fuel tank after a gasoline-fueled car ran dry. The flare ignited fumes and sparked flames that burned two workers. The gas can was tossed, setting crates alight beside the plant. Fire marshal Dave Blacquiere warned about open flames near gasoline.
MENTIONED IN THIS ARTICLE
Elmsdale
P.E.I
Canada
Dave Blacquiere
Bank Props Up Loonie As Global Markets Fall
Global markets slumped on fears of a worsening Asian crisis while the Bank of Canada again supported the loonie at 65.75 cents US. yen weakness spurred declines across Asia Europe and North America with Moscow markets briefly closing. TSE 300 slid over 260 points before finishing down 210.63. Dow fell 112 points at close.
MENTIONED IN THIS ARTICLE
Toronto
Bank of Canada
U.S
Asia
Europe
North America
China
Hong Kong
Moscow
Russia
North American
New York
Also Mentioned on This Page
Huge Energy Union
Chris Warcoe
Southam Newspapers
Doris Walchuk
John Wyatt
Wyatt
Hatter
Janice Sox
Palliser Health Authority
David Swan
Associated Press
Ann Landers
Bi Canada
Rene
Mac
Canadian Press
Loonie Global
Southam
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