White House opposes bill to lift oil export ban in Congress
AP reports the White House opposes a House GOP measure to end the four decade oil export ban, urging Commerce Department to decide. McCarthy claims lifting the ban would boost economy and geopolitics, while critics warn of refinery competition and job losses. HP to cut up to 30,000 jobs with HP Enterprise spin off.
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Roswell
Washington
White House
House
Commerce Department
Congress
Josh Earnest
Earnest
Kevin McCarthy
United States
McCarthy
R-Calif
Houston
U.S
House Energy and Commerce Committee
Senate
John Boehner
Ohio
U.S. Energy Information Administration
Energy Department
Edward Markey
D-Mass
Markey
San Francisco
Hewlett-Packard Co
Silicon Valley
Hewlett Packard Enterprise
HP Enterprise
HP Inc
Meg Whitman
Google
William Hewlett
David Packard
Palo Alto
California
Hewlett and Packard
Carly Fiorina
Fiorina
Compaq
Mark Hurd
EDS
Hurd
Whitman
GE weighs moving up to 500 US jobs overseas
General Electric says about 500 positions may shift abroad after Congress failed to renew the Ex-Im Bank. About 100 jobs from a Houston gas turbine plant could move to Hungary and China in 2016, with another 400 roles possible in France if GE wins funded projects.
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Hartford, Conn
General Electric Co
Congress
U.S
Houston
Hungary
China
Fairfield
Connecticut
John Rice
France
South Carolina
Maine
New York
Export-Credit
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