Chevron aims to boost output by 0.5 million barrels by 2010
Chevron Corp plans 24 percent oil and gas production growth by 2010 with annual spending of 15 to 16 billion through 2008 to lift output from 2.5 million to 3.1 million barrels per day by 2010. Expansion talks include a potential 200,000 barrel per day Pascagoula refinery upgrade in Mississippi.
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New York
Chevron Corp
Wall Street
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Chevron
Gulf of Mexico
David O'Reilly
San Ramon
Calif
Unocal Corp
Asia-Pacific
O'Reilly
Congress
Pascagoula
United States
Energy Department
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GM shifts salaried pensions freezing 40000 workers
General Motors will shift its pension plan for salaried employees from defined benefit to a contributions-based scheme effective January 1, freezing accrued benefits for about 40,000 U.S. salaried workers. Retirees remain unaffected.
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Detroit General Motors Corp
U.S
Microsoft launches Windows Live search engine
Microsoft debuts Windows Live Search in test form to compete with Google and Yahoo. The move centers on online services alongside Windows and Office, aiming to give users faster results, easier viewing, and better organization with features like tabbed browsing across multiple search panes.
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Microsoft
Seattle
Google Inc
Yahoo Inc
Microsoft Corp
Windows Live Search
Yusuf Mehdi
Information Services
MSN
Texas Instruments shares slide on weaker Q1 outlook
TI fell 1.07 or 3.3 percent to 31.26 as analysts debated cycles in the chip market. Susquehanna warns of a peak around May or June, while CIBC's Mishan sees momentum and expanding margins ahead of expected 32 cents per share on 3.27 billion revenue.
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OPEC
Vienna
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Texas Instruments
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CIBC
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PCS
Fair & Flexible America
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M2m
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