| Obama, on eve of convention, tours storm-hit Louisiana Posted: 03 Sep 2012 05:37 PM PDT  LAPLACE, Louisiana (Reuters) - President Barack Obama toured hurricane-stricken Louisiana on Monday and promised federal recovery help as he sought to show his administration was on top of the disaster response on the eve of his Democrats' national convention in North Carolina. Obama's visit was pre-empted by his Republican challenger, Mitt Romney, who diverted from the campaign trail to Louisiana on Friday to inspect the fallout from Hurricane Isaac a day after accepting his party's nomination for the November 6 election. ...
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| For San Antonio mayor, reflections of American Dream in convention speech Posted: 03 Sep 2012 01:12 PM PDT  SAN ANTONIO (Reuters) - Civil rights activist Rosie Castro toted her painfully shy twin boys everywhere, and they weren't always thrilled about the outings: distributing political literature, attending farm worker rallies and visiting the voting booth. But the early introduction into political life made its mark on Julian and Joaquin Castro, who left their hardscrabble San Antonio neighborhood to attend Stanford and Harvard Law School before returning to their native city. ...
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| Bankruptcy saves tiny Rhode Island city, but leaves scars Posted: 03 Sep 2012 05:05 PM PDT  Central Falls, Rhode Island (Reuters) - Central Falls, in Rhode Island, is close to emerging from bankruptcy with a plan that hammers its retired municipal employees but leaves bondholders unscathed, in a contrast with other recent U.S. municipal bankruptcies. On Thursday, a state-appointed receiver overseeing the finances of the tiny, impoverished city is expected to win court approval for a plan that rescues Central Falls from financial collapse and should balance its budget for at least the next five years. Unlike the approach of some other U.S. ...
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| Firefighters battle California's Angeles National Forest blaze Posted: 03 Sep 2012 02:50 PM PDT  LOS ANGELES (Reuters) - A 4,000-acre (1,620-hectare) wildfire in the Angeles National Forest in Southern California has forced the evacuation of some campsites as firefighters struggle to control the blaze, authorities said on Monday. The fire amid dry chaparral was only 5 percent contained and heavy smoke was visible from miles away. Authorities said it was not threatening any structures. The fire broke out on Sunday in the San Gabriel Canyon area of the 655,000-acre (265,000-hectare) Angeles National Forest. ...
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| President Obama appears in Jay-Z concert video Posted: 03 Sep 2012 02:32 PM PDT  NEW YORK (Reuters) - Jay-Z got a boost from President Barack Obama over the weekend at the Budweiser Made In America festival in Philadelphia, where the hip-hop mogul was both an organizer and headline performer. In a pre-recorded video, Obama said Jay-Z's personal story is "what Made In America means" and urged concert-goers to vote, according to press reports. Obama will face off against former Massachusetts Governor Mitt Romney in the November 6 presidential election. Jay-Z, a rapper who hails from the housing projects of Brooklyn, is among hip hop's most successful entrepreneurs. ...
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| Valero to convert Aruba refinery to product terminal Posted: 03 Sep 2012 08:08 AM PDT NEW YORK (Reuters) - Valero Energy Corp said on Monday it would convert its shuttered refinery on the Caribbean island of Aruba to a refined products terminal as it continues to seek a buyer for the facility. The Aruba refinery has been idled at least twice in the past few years, most recently earlier this year, due to poor profit margins that have plagued refiners in Europe, the Caribbean and on the U.S. East Coast. "It is perhaps the best they can do for the facility unless a buyer is found," said Mark Routt, senior consultant at KBC in Houston. ... |
| Argentine judge orders arrest of Credit Suisse executive Posted: 03 Sep 2012 02:43 PM PDT BUENOS AIRES (Reuters) - A judge in Argentina has ordered the arrest of Credit Suisse executive and former U.S. Treasury Undersecretary David Mulford because he failed to testify over a 2001 Argentine debt swap, the state news agency reported on Monday. Federal Judge Marcelo Martinez de Giorgi will ask Interpol to issue an international arrest warrant seeking Mulford's extradition for questioning over the bond exchange carried out by the government in an unsuccessful bid to avoid default. ... |
| Coast Guard gives Russell Crowe a lift after kayak mishap Posted: 03 Sep 2012 11:14 AM PDT  NEW YORK (Reuters) - Academy Award-winning actor Russell Crowe and a friend were picked up by the U.S. Coast Guard over the weekend after getting lost while kayaking off Long Island, New York, the U.S. Coast Guard said on Monday. Crowe and his unidentified friend flagged down a Coast Guard patrol after beaching their kayaks in Huntington Bay around 10 p.m. on Saturday (0200 GMT on Sunday), the Coast Guard said in a statement. The pair had set off from Cold Spring Harbor, several miles away, but got lost and made for the beach as night fell and conditions worsened, according to the statement. ...
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| Storm Isaac moves east while impact lingers in Louisiana Posted: 02 Sep 2012 07:29 PM PDT  NASHVILLE, Tenn (Reuters) - As the remnants of Hurricane Isaac moved east on Sunday, bringing with it a wet Labor Day holiday weekend, the storm's impact was still being felt in Louisiana, where more than a hundred thousand people were still without power. Entergy, Louisiana's largest power provider, said about 160,000 of the Louisiana homes and businesses it serves remained without electricity, leaving them without air conditioning under sweltering temperatures. ...
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| Obama, on eve of convention, tours storm-hit Louisiana Posted: 03 Sep 2012 03:54 PM PDT LAPLACE, Louisiana (Reuters) - President Barack Obama visited Louisiana on Monday for a first-hand look at the damage from Hurricane Isaac, seeking to show his administration was on top of the relief effort on the eve of his Democrats' national convention in North Carolina. Obama's tour was pre-empted by his Republican challenger, Mitt Romney, who diverted from the campaign trail to Louisiana on Friday to inspect the fallout from the storm a day after accepting his party's nomination for the November 6 election. Flying into New Orleans, Obama traveled by motorcade to nearby St. ... |
| Obama, on eve of convention, tours storm-hit Louisiana Posted: 03 Sep 2012 03:47 PM PDT  LAPLACE, Louisiana (Reuters) - President Barack Obama visited Louisiana on Monday for a first-hand look at the damage from Hurricane Isaac, seeking to show his administration was on top of the relief effort on the eve of his Democrats' national convention in North Carolina. Obama's tour was pre-empted by his Republican challenger, Mitt Romney, who diverted from the campaign trail to Louisiana on Friday to inspect the fallout from the storm a day after accepting his party's nomination for the November 6 election. Flying into New Orleans, Obama traveled by motorcade to nearby St. ...
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| Obama, on eve of convention, tours storm-hit Louisiana Posted: 03 Sep 2012 05:37 PM PDT LAPLACE, Louisiana (Reuters) - President Barack Obama toured hurricane-stricken Louisiana on Monday and promised federal recovery help as he sought to show his administration was on top of the disaster response on the eve of his Democrats' national convention in North Carolina. Obama's visit was pre-empted by his Republican challenger, Mitt Romney, who diverted from the campaign trail to Louisiana on Friday to inspect the fallout from Hurricane Isaac a day after accepting his party's nomination for the November 6 election. ... |
| Bankruptcy saves tiny Rhode Island city, but leaves scars Posted: 03 Sep 2012 05:05 PM PDT Central Falls, Rhode Island (Reuters) - Central Falls, in Rhode Island, is close to emerging from bankruptcy with a plan that hammers its retired municipal employees but leaves bondholders unscathed, in a contrast with other recent U.S. municipal bankruptcies. On Thursday, a state-appointed receiver overseeing the finances of the tiny, impoverished city is expected to win court approval for a plan that rescues Central Falls from financial collapse and should balance its budget for at least the next five years. Unlike the approach of some other U.S. ... |
| Firefighters battle California's Angeles National Forest blaze Posted: 03 Sep 2012 02:50 PM PDT LOS ANGELES (Reuters) - A 4,000-acre (1,620-hectare) wildfire in the Angeles National Forest in Southern California has forced the evacuation of some campsites as firefighters struggle to control the blaze, authorities said on Monday. The fire amid dry chaparral was only 5 percent contained and heavy smoke was visible from miles away. Authorities said it was not threatening any structures. The fire broke out on Sunday in the San Gabriel Canyon area of the 655,000-acre (265,000-hectare) Angeles National Forest. ... |
| President Obama appears in Jay-Z concert video Posted: 03 Sep 2012 02:32 PM PDT NEW YORK (Reuters) - Jay-Z got a boost from President Barack Obama over the weekend at the Budweiser Made In America festival in Philadelphia, where the hip-hop mogul was both an organizer and headline performer. In a pre-recorded video, Obama said Jay-Z's personal story is "what Made In America means" and urged concert-goers to vote, according to press reports. Obama will face off against former Massachusetts Governor Mitt Romney in the November 6 presidential election. Jay-Z, a rapper who hails from the housing projects of Brooklyn, is among hip hop's most successful entrepreneurs. ... |
| For San Antonio mayor, reflections of American Dream in convention speech Posted: 03 Sep 2012 01:12 PM PDT SAN ANTONIO (Reuters) - Civil rights activist Rosie Castro toted her painfully shy twin boys everywhere, and they weren't always thrilled about the outings: distributing political literature, attending farm worker rallies and visiting the voting booth. But the early introduction into political life made its mark on Julian and Joaquin Castro, who left their hardscrabble San Antonio neighborhood to attend Stanford and Harvard Law School before returning to their native city. ... |
| Valero says St. Charles Louisiana refinery not yet restarting Posted: 03 Sep 2012 09:45 AM PDT HOUSTON (Reuters) - Valero Energy Corp said its 205,000-barrel-per-day St. Charles refinery in Louisiana had not yet begun restarting production units. Valero issued a statement Sunday night. The U.S. Department of Energy said on Saturday the refinery, located in Norco, Louisiana, was among those that had begun restarting. (Reporting by Erwin Seba; Editing by Jeffrey Benkoe) |
| Conoco says Magnolia platform resumes normal operations after Isaac Posted: 03 Sep 2012 09:38 AM PDT HOUSTON (Reuters) - ConocoPhillips said its Magnolia platform in the Gulf of Mexico had resumed normal operations by Monday after being shut and evacuated on August 26 ahead of Hurricane Isaac. The Magnolia platform has a capacity to produce 8,000 barrels per day in oil and 16 million cubic feet per day in natural gas. U.S. regulators said 71.5 percent of oil production and 55.62 percent of natural gas output remained shut as of Sunday in the Gulf of Mexico since Isaac's passage through eastern and central offshore production areas early last week. ... |
| Valero to convert Aruba refinery to product terminal Posted: 03 Sep 2012 08:08 AM PDT NEW YORK (Reuters) - Valero Energy Corp said on Monday it would convert its shuttered refinery on the Caribbean island of Aruba to a refined products terminal as it continues to seek a buyer for the facility. The Aruba refinery has been idled at least twice in the past few years, most recently earlier this year, due to poor profit margins that have plagued refiners in Europe, the Caribbean and on the U.S. East Coast. "It is perhaps the best they can do for the facility unless a buyer is found," said Mark Routt, senior consultant at KBC in Houston. ... |
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