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Legal Issues Are Giving Volkswagen Investors An Enormous Headache
Monday, September 21, 2015 - 3:08pm | 341A scandal involving Volkswagen AG (ADR) (OTC: VLKAY) surfaced last Friday. According to reports, one of the world’s largest carmakers (if not the largest) was cheating emissions tests in the U.S., the EPA said. Shares of the company are down more than 17 percent on Monday trading...
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Marijuana's Pesticide Problem
Wednesday, June 17, 2015 - 12:07pm | 465With marijuana emerging as a new industry in the U.S., growers are still trying to find a balance between protecting the environment and consumers' health and managing the costs of a growing business. As legal marijuana cultivation is a relatively new concept, growers are essentially pioneers...
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United Technologies On Separating Sikorsky Aircraft, EPA's New Emission Rules
Monday, June 15, 2015 - 1:45pm | 390United Technologies Corporation (NYSE: UTX) announced Monday that it plans to either sell its Sikorsky Aircraft helicopter unit or spin it off into a separate company. Greg Hayes, United Technologies CEO, was on CNBC following the announcement to weigh in on this and to discuss the company’...
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2 Airline Stories Investors Should Know Today
Thursday, June 11, 2015 - 2:31pm | 633Airline and aerospace investors were treated to two important headlines on Thursday. Boeing Forecasts Airplane Demand At $5.6 Trillion Looking forward to 2034, Boeing Co (NYSE: BA) projected worldwide demand for its airplanes has increased 3.5 percent from last year's forecast to 38,050....
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Black Hills Corp: Big Move In Natural Gas Not Expected Anytime Soon
Wednesday, June 10, 2015 - 2:23pm | 427Black Hills Corp (NYSE: BKH) CEO David Emery was on CNBC Wednesday to share his outlook on natural gas prices and to discuss whether coal-fired power generation is over. Here is what he had to say. Price Movement Unexpected In Near-Term "I certainly hope we don’t stay in the under-$3...
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Here's How Obama's Clean Power Plan Could Affect Your Portfolio
Wednesday, June 10, 2015 - 1:02pm | 485President Obama is looking to cut carbon emissions by up to 30 percent from 2005 levels with his Clean Power Plan (CPP). The plan has been heavily criticized by both Democrats and Republicans in Washington, D.C. who say the President is overstepping his boundaries. However, initial attempts to...
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AgriScience Makes Smart Soil To Improve Farming
Thursday, June 4, 2015 - 3:28pm | 412The use of fertilizers in agriculture has been a hotly debated subject, as the excess nitrogen and phosphate that isn't absorbed by the crops typically makes its way into the groundwater. The Environmental Protection Agency has said that this type of nutrient pollution is quickly becoming the U.S...
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How The Unprofitability Of Recycling Affects Everyone
Thursday, May 28, 2015 - 4:04pm | 398Recycling is not profitable anymore and that's creating a problem not only for companies engaged in that business, but for consumers as well. David Steiner, Waste Management, Inc. (NYSE: WM) CEO, was on CNBC Thursday to explain the economics behind recycling and how recycling can make a...
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Shares Of Lumber Liquidators Spike Higher
Wednesday, April 1, 2015 - 11:28am | 43612:05 p.m. Editor's note: The stock movement from Wednesday morning may be attributed to traders passing around a potentially old EPA post. Benzinga is awaiting confirmation from the EPA on the date of this posting. Shares of Lumber Liquidators Holdings Inc (NYSE: LL) on Wednesday morning were...
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Piper Jaffray Says Lumber Liquidators Has Calmed Investors' Fears
Friday, March 13, 2015 - 8:56am | 293In a report published Thursday evening, Piper Jaffray analyst Peter Keith commented that Lumber Liquidators Holdings Inc (NYSE: LL) business update "went well" and calmed fears on the sourcing and safety of its products. "There was a helpful focus on deconstructive testing and...
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3 Energy Sectors That Would Benefit From Planned Carbon Emission Reductions
Friday, August 1, 2014 - 3:43pm | 853President Barack Obama's plan to fight climate change, by reducing carbon emissions and other greenhouse gases from America's power plants, particularly from coal-fired facilities, has come under criticism. Federal regulators recently expressed their concerns. Testifying before Congress...
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Welch Predicts Low GDP For Q3 And Hurting Workforce
Friday, October 11, 2013 - 2:54pm | 480Jack Welch, Jack Welch Management Institute executive chairman and former chairman and CEO of General Electric (NYSE: GE) was Friday morning's guest host on CNBC's Squawk Box. Currently, he sees an uneven economy that's bogged down by government, and according to Welch, the Affordable Care Act...
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Chanos Sees Transitional Woes For Oil And Coal
Thursday, October 10, 2013 - 11:42am | 559Founder and President of Kynikos Associates Jim Chanos appeared as a guest host on CNBC's Squawk Box Thursday morning where he predicted bad news for global coal as the world switches to natural gas. Chanos also discussed some problems that big oil is facing, and talked about why some state-...
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BP Is Now Also Litigation Inc.
Friday, August 16, 2013 - 10:44am | 552The fact that major corporations have lawyers and engage in legal action is neither new nor notable. One prime example is Apple (NASDAQ: AAPL), a company almost as famous for its courtroom battles with Samsung as for its innovative products. Related: Apple's Amazing Litigation Machine Another...
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BP Sues EPA, Asks Court To Lift Ban On Bidding For Government Contracts (BP)
Tuesday, August 13, 2013 - 9:00am | 455BP (NYSE: BP) is getting frustrated, and it shows. The company has spent a lot of time in the courts lately, but its most recent filing came Monday when it asked the courts to lift an EPA ban on bidding for government contracts. As it stands, BP is unable to bid on any government contracts. The...