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In Alaska, plan to cut oil taxes hits a wall

April 28, 2012 • BusinessComments Off

Consultant Janak Mayer testifies before the House Resources Committee and House Special Committee on Energy on Monday, April 23, 2012, in Juneau, Alaska. Mayer, at the center table, testified on the governor’s oil tax bill. (AP Photo/Becky Bohrer) JUNEAU, Alaska (AP) — Oil long has been king in Alaska, but the state’s Republican governor is...

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Goodyear refinancing charges lead to $11M 1Q loss

April 28, 2012 • BusinessComments Off

In this Thursday, April 26, 2012, photo new Goodyear tires are displayed in the waiting area at Conrad’s Total Car Care center in North Olmsted, Ohio. Goodyear said Friday, April 27, 2012, sales increased 2 percent and revenue per-tire rose 16 percent,...

House OKs student loan bill, ignores veto threat

April 28, 2012 • BusinessComments Off

House Minority Leader Nancy Pelosi of Calif. gestures during her weekly a news conference on Capitol Hill in Washington, Thursday, April 26, 2012. (AP Photo/Jacquelyn Martin) WASHINGTON (AP) — Republicans defied a veto threat and the House voted Friday to...

Chevron sticks with oil. And it pays off.

April 28, 2012 • BusinessComments Off

FILE – This July 25, 2011, file photo, shows a Chevron sign at a gas station in Miami. Chevron said Friday, April 27, 2012, profits rose 4.2 percent in the first quarter as it sold oil for higher prices. It reported earnings of $6.47 billion, or $3.27...

Procter & Gamble 3Q net income slips

April 28, 2012 • BusinessComments Off

FILE – This Aug. 2, 2010, file photo, shows the Procter & Gamble Co. headquarters building in Cincinnati. Procter & Gamble Co. said Friday, April 27, 2012, its third-quarter net income slipped 16 percent as price increases and an uptick in...

US: Mexico seized 68,000 guns from US since 2006

April 27, 2012 • BusinessComments Off

FILE – In this April 2, 2012 file photo, Mexican President Felipe Calderon participates in a joint news conference with President Barack Obama and Canadian Prime Minister Stephen Harper, in the Rose Garden at the White House in Washington. The...

Geithner urges China to keep up financial reforms

April 27, 2012 • BusinessComments Off

A protester is removed from an appearance by Treasury Secretary Tim Geithner at the Commonwealth Club in San Francisco, Thursday, April 26, 2012. Geithner is in San Francisco to talk about the Obama Administration’s economic achievements both in the...

Wind shift delays efforts to plug blown Wyo. well

April 27, 2012 • BusinessComments Off

This image provided by the Glenrock Bird shows an out-of-control oil well spewing natural gas a few miles northeast of Douglas in east-central Wyoming on Wednesday April 25, 2012. A blowout occurred at the well Tuesday afternoon. More than 60 people living...

Kan. legislative negotiators agree on tax cuts

April 27, 2012 • BusinessComments Off

Richard Cram, center, policy and research director for the Kansas Department of Revenue, confers with Steve Stotts, left, the department’s taxation director, and Gordon Self, right, an attorney on the Legislature’s bill-drafting staff, during...

Insurance co. balks at claims in fatal Conn. fire

April 27, 2012 • BusinessComments Off

FILE – In this Dec. 25, 2011, file photo, firefighters investigate a house in Stamford, Conn., where an early morning fire left five people dead. An insurance company argued in a lawsuit filed April 24, 2012, in New York it should not have to pay claims...