Denver hearing targets federal fracking rules on drilling
Western states Colorado Wyoming and Utah challenged federal oversight at a Denver congressional field hearing led by Rep Doug Lamborn. Officials warned national rules could hurt energy jobs while Democrats urged shared oversight amid fracking debates, water safety and public school proximity concerns.
MENTIONED IN THIS ARTICLE
Denver
Subcommittee On Energy and Mineral Resources
Obama
Interior Department
Colorado
Wyoming
Utah
Washington
Kathleen Clarke
Office of Public Land Policy Coordination
Shawn Reese
Matt Mead
Reese
Doug Lamborn
U.S. Department of Interior
Lamborn
Rush Holt
New Jersey
Holt
Jen Palazzolo
Erie
Diane DeGette
DeGette
Mixed signals in China manufacturing surveys
Manufacturing activity in China shows a mixed trend as HSBC PMI 49.3 in April signals contraction for a sixth straight month though sharper declines ease. state survey 53.3 indicates expansion, with small firms dipping under 50. Fuel and input costs weigh on output. growth expected to bottom and slightly recover later year per HSBC economist.
MENTIONED IN THIS ARTICLE
Shanghai
China
HSBC
PMI
China Federation of Logistics and Purchasing
Beijing
Qu Hongbin
Unemployment in Eurozone hits record 10.9 percent
Eurozone unemployment rose to 10.9 percent in March, up from 10.8 in February and 9.9 a year earlier, as the 17 euro countries face recession amid austerity. Greece Spain and the Netherlands are among eight economies shrinking for two straight quarters or more.
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London
Europe
U.S
Greece
Spain
Netherlands
Sears executives defend strength amid sales slump
Sears Holdings Corp executives in Hoffman Estates outlined improved liquidity and strategies to boost profits after a year of declining sales. Chairman Edward Lampert framed actions to win back shoppers and monetize real estate, including planned asset spins and store sales. CEO Lou D'Ambrosio highlighted three pillars: financial discipline, retail excellence, and customer experience upgrades such as widespread iPad devices for staff.
MENTIONED IN THIS ARTICLE
Hoffman Estates, Ill
Sears
Edward Lampert
Sears Holdings Corp
Lampert
Hoffman Estates
Wall Street
Kmart
U.S
General Growth Properties
Lands’ End
Lou D'Ambrosio
D’ambrosio
Avaya Inc
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SWS Financial Services
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Swst.com
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Dallas TX
FINRA
SIPC
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