Enbridge reports pressure test passes for Line 5 segment
Enbridge says a second Straits of Mackinac oil pipeline segment passed a DOE agreement pressure test after the 2010 spill. The test on the Line 5 east segment involved water filling and elevated pressure, with the company noting satisfaction with the results. UPS to levy peak residential surcharges and oversized/heavy package fees during November and December.
MENTIONED IN THIS ARTICLE
Enbridge
Straits of Mackinac
Michigan
Justice Department
UPS
United Parcel Service Inc
City eyes new uses for two retired lakes Kings Mountain
Kings Mountain officials consider repurposing two former city lakes Old City Lake and Davidson Lake once used for water supply. Intended hydroelectric plans proved not cost effective after a feasibility study, prompting leaders to pursue alternative uses.
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Kings Mountain
Old City Lake
Davidson Lake
Moss Lake
Kings Mountain Eyes Lake Development Options
At the May 30 meeting the Kings Mountain City Council authorized issuing requests for proposals from economic development consultants to evaluate uses for two city lakes and surrounding property. Mayor Neisler said the city is testing waters for best uses while planning for July proposals and recommendations.
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Kings Mountain
Two Lakes
Scott Neisler
Neisler
Jessica Trotman
Moss Lake
Moss Lake proves a good city investment says official
Neisler notes Moss Lake has remained near full pond through the 2016 drought and supports large water customers such as NTE Energy's upcoming Kings Mountain Energy Center. The 1,660 acre lake is described as a decision that keeps paying dividends. Casey White can be reached at 704-669-3339 or cwhite shelbystar.com.
MENTIONED IN THIS ARTICLE
Neisler
Moss Lake
NTE Energy
Kings Mountain
Casey White
Shelbystar.com
Local Stock Dividend Notes and Footnotes
Summary of local stock interests with dividend declarations and footnote details. Mentions annual rate guidance, payment timing, and stock cash value disclosures. Highlights that P E ratios and certain fund details are not shown, with losses noted over the last 12 months.
MENTIONED IN THIS ARTICLE
Onder
Gacia
Pend Jast
Decker Parc
Ale Shaak Anil
Tate
Hanes
Inflation Fears Rise as Fed Hikes Rates Again
The Federal Reserve raised the key interest rate for the third time in six months to curb inflation while unemployment fell to 4.3 percent in May, a 16 year low. Analysts debate whether inflation will reach the 2 percent goal, noting temporary factors like cellphone price drops.
MENTIONED IN THIS ARTICLE
Federal Reserve
Fed
Janet Yellen
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Bank of America Bac
Best Buy Bby
Commercial Metals Cmc
Cityoneb Curtis-Wright Cw
Ye &, Danaher Corp
Dillards Inc
FMC Corp
Hartey-Davidson
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Intel Corp. Intc
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