Building a $4 billion ethanol pipeline
John D. Rockefeller figured out a long time ago that the most efficient way to transport liquid fuels long distances wasn’t on wheels but in pipelines. Today POET, the privately held Sioux Falls, S.D., company that is the country’s largest producer of ethanol, and Tulsa pipeline-builder Magellan Midstream Partners are poised to make the same leap.
What killed Lehman
Failings by Lehman Brothers executives and its auditor led to the bank collapse that unleashed the worst of the financial crisis, according to a report by court-appointed investigator.
Stocks boosted by retail sales
Stocks extend this week’s gains at Friday’s open after a government report showed surprising strength in retail sales for February.
5 problems with cellphone networks
Smartphone users blame congested airwaves for slow service. The truth is that many culprits cause problems for all wireless operators.
Give money to a jobless friend?
Dear Annie: I have a very close friend who’s been out of work for almost a year now. He was my college roommate: I’ve known him for almost 20 years and, for about half that time, we worked at the same company. Then he got laid off. Last week one of my kids told me that my friend’s youngest son missed out on a ski trip with the rest of his class because of the expense, even though the cost was minimal (to those of us with jobs).
Retail sales beat expectations
Retail sales rose in February, the government said Friday, surprising economists who expected a decline.
Exxon banks on pricey oil projects
Exxon Mobil outlined plans Thursday that rely heavily on oil from tough to reach places, extracting it from the depths of the ocean, the frozen Arctic and the tar sands in Canada’s frozen tundra.
Apple’s online store braces for iPad preorders
Apple’s online store was temporarily closed Friday morning as the company got ready to start taking preorders for its highly anticipated iPad tablet computer.
Stocks set for gains
U.S. stocks were poised to extend gains Friday after a government report showed surprising strength in retail sales for February.
GM dealer: ‘I don’t know what to expect’
The 661 axed auto dealers General Motors is offering to reinstate aren’t ready to pop the champagne just yet. They’re still waiting to find out about the terms they’ll have to meet to regain their franchises.
Houston-Hull, TX