Earnings report, stock market moves oil up even as demand remains weakCOLUMBUS, Ohio — Oil prices topped $65 a barrel Tuesday as optimism pushed stock markets higher from the United States to Asia. Exelon terminates $7.4 billion bid for NRG after shareholders block board coupCOLUMBUS, Ohio — The proposed $7.4 billion, all-stock deal between Exelon and NRG Energy was meant to bring consolidation to a fragmented industry, creating the nation’s largest power company that would be able to deliver electricity to 45 million homes. STIMULUS WATCH: Foreign rail companies eye US stimulus money to build new passenger trainsWASHINGTON — Foreign companies that dominate the international high-speed rail industry are trying to cash in on the Obama administration’s plan to pump billions of dollars into U.S. rail systems to help stimulate the economy. After 9 months, Exelon’s $7.4B bid for NRG comes down to shareholder voteCOLUMBUS, Ohio — After a nine-month fight, Exelon’s $7.4 billion, all-stock bid to create the nation’s largest power generator by buying NRG Energy is coming to a head, maybe. Steel company announces plans for Mississippi plant that could bring 50 jobsCOLUMBUS, Miss. — A new steel processing plant could bring a $15 million investment and eventually 50 jobs to Lowndes County, the company’s president and economic development officials said. State-by-state list of cites and areas to receive stimulus money to combat homelessnessState-by-state look at cities, counties and communities where stimulus money will be distributed to combat homelessness and the dollars for each location, according to the Housing and Urban Development Department: Ohio man gets his wedding ring back after accidentally tossing in till at Texas tollboothCOLUMBUS, Ohio — An Ohio man has his wedding band back — and is back in his wife’s good graces — after the ring accidentally wound up in the till at a Texas tollbooth. Rodger Moore went to Texas for a family wedding nearly two weeks ago. He said he was on his way to catch his flight home when his ring slipped off as he threw change into the basket at an unmanned booth on the Dallas North Tollway. Cummins Inc. recalls 400 workers to Indiana plant to resume production of Dodge Ram engineCOLUMBUS, Ind. — Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto parts company idled a plant in nearby Shelbyville. States beleaguered by budget woes set to ring in Independence Day without fiscal game planCOLUMBUS, Ohio — Several states are facing the prospect of government shutdowns and program cuts as they enter the first weekend of the fiscal year and July Fourth holiday without a budget in place. States facing shutdowns, cuts, wrestle with tax revenue drop in worsening financial crisisCOLUMBUS, Ohio — An across-the-board drop in tax collections, coupled with a prolonged recession, has states facing their worst fiscal crisis in decades. Mennonites gather outside Ohio convention to protest church exclusion of gays from worshipCOLUMBUS, Ohio — In a quiet act of defiance, gay and lesbian Mennonites dressed in bright pink gathered outside the church’s official convention in Columbus on Thursday and criticized its leaders for trying to push them out. Exelon raises stakes in hostile bid for NRG, offering $8 billionCOLUMBUS, Ohio — Exelon Corp. on Thursday sweetened its hostile takeover bid for NRG Energy Inc. by 12 percent to $8 billion in stock, citing newly identified cost savings along with NRG’s recent deal for Reliant Energy’s Texas retail business. Exelon postpones plan for nuclear plant in Texas over economic worriesCOLUMBUS, Ohio — Power generator Exelon Corp. said Tuesday it has called off plans for now to build a new nuclear plant in Texas because of worries over the economy and the limited availability of federal loan guarantees. Oil caps volatile first half of 2009 by hitting 8-month high before falling sharplyCOLUMBUS, Ohio — Oil prices fell in volatile trading Tuesday not long after hitting an eight-month high. New state laws taking effect July 1 increase police scrutiny, protect kids, push tax cutsCOLUMBUS, Ohio — Government records will be more open in South Dakota, Florida is cracking down on illicit prescription drug sales and downing a cold one at the corner bar will be easier in Utah. Climate bill would create new financial system; winners and losers emerge in carbon economyNEW YORK — In addition to raising energy prices, the climate legislation that’s winding through Congress would create a parallel financial system with a carbon-based currency. Cleaning and repairs to begin in July at Ohio tomb of Warren Harding, 29th US presidentMARION, Ohio — The Ohio tomb of Warren Harding, America’s 29th president, will undergo a couple of months of restoration work beginning July 6. Coroner says Ohio man’s freezer held head and arms of woman he’s accused of killingCOLUMBUS, Ohio — An Ohio coroner says the head and arms of a woman were found in the freezer of the man charged with killing her. Worries over unemployment, sagging income drag down July 4th travel plans, AAA sayCOLUMBUS, Ohio — Economic instability will trump cheaper gas this July Fourth holiday, with more people choosing to stay home rather than hit the road, according to a survey released Wednesday Bomb squad called to Ohio airport detonates suspicious item in luggage, finds pickled mangoesCOLUMBUS, Ohio — An Ohio airport summoned a bomb squad to detonate a suspicious item that turned out to be pickled mangoes. Crude prices resume upward climb; weak dollar again pushes energy higherCOLUMBUS, Ohio — The weakened dollar boosted oil prices once again Tuesday, ending a two-day slump. Crude prices fall with more predictions of slow global economic reboundCOLUMBUS, Ohio — Crude prices wavered Tuesday with more stark predictions of a long and painful downturn for the global economy. Run-up in gasoline prices appears to be over, but could Iranian strife send prices higher?COLUMBUS, Ohio — After rising nearly every day for the past two months and climbing 67 percent so far this year, it looks like gasoline prices may be ready to take a break. NM ranchers say new border barriers don’t stop sick cows from crossing into US from MexicoALBUQUERQUE, N.M. — Longtime New Mexico cattle rancher Judy Keeler is keenly aware of how tough it is to raise livestock in the dusty desert near the U.S.-Mexico border. Immigration officials arrest Mexican fugitive accused of trafficking heroin throughout MidwestCOLUMBUS, Ohio — Federal immigration officials say they’ve arrested a Mexican fugitive who is nicknamed the Ghost and is accused of trafficking high-potency heroin throughout the Midwest. AP Enterprise: Groundskeepers, dog wardens, zookeepers are getting hired despite state freezesCOLUMBUS, Ohio — Financially strapped states that have announced a freeze on all but essential hiring have made thousands of exceptions for zookeepers, dog wardens, golf-course groundskeepers, boxing inspectors, state fair workers and the like, an Associated Press review of hiring records has found. Report: US natural gas reserves at record levels, up 35 percent in past 2 years.COLUMBUS, Ohio — The country’s natural gas reserves are much bigger than previously thought, according to a report released Thursday. In ad, Columbus Zoo promotes No. 1 ranking in travel guide by shoveling away ‘number 2′COLUMBUS, Ohio — An Ohio zoo is celebrating a No. 1 ranking with a new commercial all about getting rid of “number 2″ — the other kind. A cast including Columbus Zoo celebrity zookeeper Jack Hanna shovels and sweeps animal waste to lyrics such as “Lots of scoopin’ all their poopin’” and “No more number 2.” It’s the zoo’s way of promoting its designation as the country’s top zoo by USA Travel Guide. The Columbus Zoo is more accustomed to being rated the No. 2 zoo after San Diego’s. Ohio college graduate feared she had gone into labor while receiving her diplomaCOLUMBUS, Ohio — A woman who just graduated from college in Ohio says she was afraid her big day was going to turn into a blessed event. Expectant mother Dawn Thompson Ester thought she had gone into labor during Friday’s commencement at Columbus State University. So, she was moved up from No. 749 in the order for receiving degrees to first place in line. Pump prices rise for the 48th straight day, but signs of weakness appear in crude marketCOLUMBUS, Ohio — Gas prices rose Monday for the 48th straight day, matching a record going back to at least the 1970s, with prices now up nearly two-thirds since the beginning of the year even as demand from motorists remains weak. |
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