US Energy Systems News

General Motors Co. , a new automaker majority-owned by the U.S. government, is eliminating layers of management to speed up decisions as it emerges from the remains of bankrupt General Motors Corp.

U.S. stocks were looking toward a flat open Wednesday ahead of today's earnings from Dow component Alcoa , as well as traders monitoring developments out of the start of the G-8 summit in Italy.

WASHINGTON a 'Twenty-six AIDS activists were arrested Thursday for unlawfully demonstrating in the rotunda of the U.S. Capitol.

Wed Jul 8, 2009 6:04pm EDT - From Google Images . NEW YORK - The Dow and the Nasdaq eked out gains on Wednesday as a late-stage rally brought stocks off their lows on hopes that the quarterly earnings season would deliver good news.

July 9 - " U.S. Treasuries rallied after an auction of US$19 billion of 10-year notes drew a record level of bids, reflecting a jump in purchases by investors such as foreign central banks, amid doubts economic growth will return soon.

Two law firms have filed a class-action lawsuit on behalf of customers of a private operator of Registered Traveler services that suddenly shut down on June 22.

Oil prices fell for the fifth straight day Tuesday, with a barrel costing US$10 less than it did just one week ago when crude hit a new high for the year.

Wednesday, 8 July 2009, 8:37 am Article: Businesswire While you were sleeping: Wall St sinks as earnings loom, oil extends slide July 8 – Stocks on Wall Street declined as investors braced for the start of the second-quarter earnings season and an adviser to President Barack Obama floated the prospect of a second stimulus package.

Crude oil fell US$2.68 a barrel Monday, bringing its drop over the past week into official 10% correction territory, and dragging Toronto stocks sharply lower on concern the economic recovery is struggling.

A A A' A newly formed Iowa company bid $8.5 million for a struggling kosher slaughterhouse Monday that was involved in a massive immigration raid last year.

NYSE Euronext has joined forces with the Depository Trust & Clearing Corporation to launch a joint venture for clearing U.S. fixed income derivatives.

Natural gas production in April fell 0.2 percent from the previous month, according to a report from the U.S. Energy Department.

Derivatives pose risks on financial markets that central clearing of contracts would mitigate, the European Commission said on Friday, outlining plans that fall short of more radical U.S. steps.

The U.S. Energy Department on Thursday offered loan guarantees worth $59 million to two renewable energy companies as the agency tries to quickly boost green energy production with a windfall of funding from the economic stimulus package.

First, the Food and Drug Administration went after Cheerios . Now it appears to be targeting another beloved U.S. brand: Tylenol.

President Barack Obama is considering new curbs on U.S. oil refineries whose gas emissions pose a cancer risk to hundreds of thousands of people living near the plants, setting up a potential conflict with companies over the cost of new regulations.

July 2 - " U.S. manufacturing contracted at the slowest pace in 11 months, lifting optimism the world's biggest economy is stabilising.

One week after shutting its doors, airport security provider Clear has been hit with a class-action lawsuit.

The NASDAQ OMX Group, Inc. , the world's largest exchange company, and The Bank of New York Mellon , the global leader in securities servicing and asset management, jointly announced that The Bank of New York Mellon has made a strategic minority investment in International Derivatives Clearing Group .

Oil fell more than 2 percent to below $70 a barrel on Tuesday after a steep drop in U.S. consumer confidence data in May added to concerns over a potential economic rebound.