TransCanada files new Keystone XL route with Nebraska focus
TransCanada reapplies to the State Department for Keystone XL approval with a revised route aimed to avoid the Sandhills groundwater region in Nebraska. The company says the $7 billion project would shuttle Canadian and Bakken oil to U.S. refineries, while Obama faces pressure from Republicans and business groups to approve the jobs-creating pipeline.
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Debt and market woes push Hawker Beechcraft into bankruptcy
Hawker Beechcraft of Wichita filed for bankruptcy protection amid a weak business jet market. The plan seeks to erase about 2.5 billion dollars of debt and cut roughly 125 million dollars in annual interest. The company, owned by Onex Partners and Goldman Sachs funds, has endured a heavy debt load since a leveraged 2007 purchase.
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Hawker Beechcraft
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Center For Economic Development and Business Research
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Securities and Exchange Commission
Futures trading figures at Chicago Board of Trade
Chicago Board of Trade futures quotes show minimal changes with values near 611 and 610 joining 633 and 657 and 681 in a fluctuating session. Market activity remained subdued as traders assessed signals from external markets.
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Chicago
Chicago Board of Trade
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