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| Thursday, Jan 30, 2014 05:01 PM PST | |
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| A LITTLE GIANT RETIRES Thursday, Jan 30, 2014 05:01 PM PST LOS ANGELES -- I took my J448 students -- that's "Government and Public Affairs Reporting" at the Annenberg School for Communications and Journalism at the University of Southern California -- to a local Democratic club last Sunday. I wanted them to see and meet the new mayor of Los Angeles, Eric Garcetti, and one of the most effective elected officials of his generation, Congressman Henry Waxman. I did not know and I am not sure that he did, either, that this would be Waxman's last campaign stop after almost 50 years at the center of the political life of Los Angeles, California and the United States. I had applauded, on cue, as he said that during his time poverty among elderly Americans had decreased from 23 percent to 9 percent, that he wanted to push President Obama on tapping the phones of his citizens, and that he hoped to push Republicans and other conservatives to "respect science" on such matters as climate change. Full Story | Top |
| Exclusive: Bloomberg tapped to be U.N. cities, climate change envoy - sources Thursday, Jan 30, 2014 04:42 PM PST  By Michelle Nichols UNITED NATIONS (Reuters) - Former New York City Mayor Michael Bloomberg has been tapped to be U.N. special envoy for cities and climate change, sources familiar with the situation said on Thursday. Barring any last minute changes, U.N. Secretary-General Ban Ki-moon - who is seeking to re-energize the global climate change debate and boost the United Nations' role - could make the announcement as early as Friday, the sources said on the condition of anonymity. Bloomberg, a billionaire philanthropist who left office last month, made combating climate change a key focus during his 12 years leading the United States most populous city. He also advocated for national climate change legislation. Full Story | Top |
| CN Rail fourth-quarter profit stung as winter chill adds to costs Thursday, Jan 30, 2014 04:35 PM PST  By Solarina Ho TORONTO (Reuters) - Canadian National Railway Co , the country's largest rail operator, reported higher quarterly earnings on Thursday, saying its full-year volumes and revenue hit record highs, but the results were tempered by extreme winter weather in December and came in slightly below estimates. CN Rail, which cautioned the weather challenges continued into January, raised its quarterly dividend by 16 percent. "Unfortunately, this little twist of Mother Nature is also extending itself well into January and consequently we are having a similar monthly cost pressure to contend with starting in 2014." The Montreal-based railway reaffirmed its full-year 2014 outlook, first issued last month, when it said it was targeting double-digit growth in earnings per share from the C$3.06 adjusted diluted earnings per share in 2013. The company said the weaker Canadian dollar will be a positive tailwind compared to last year. Full Story | Top |
| CN Rail profit stung as winter chill adds to costs Thursday, Jan 30, 2014 02:41 PM PST By Solarina Ho TORONTO (Reuters) - Canadian National Railway Co , the country's largest rail operator, reported higher quarterly results on Thursday and said full-year volumes and revenue hit a record, but results were tempered by extreme winter weather in December and came in slightly below estimates. CN Rail, which cautioned the weather challenges continued into January, raised its quarterly dividend by 16 percent. "Unfortunately, this little twist of Mother Nature is also extending itself well into January and consequently we are having a similar monthly cost pressure to contend with starting in 2014." The Montreal-based railway reaffirmed its 2014 outlook first issued last month, when it said it was targeting double-digit growth in earnings per share in 2014 from the C$3.06 adjusted diluted earnings per share in 2013. While CN still reported industry-leading efficiency, the company said it faced "significant headwinds" on issues including pensions. Full Story | Top |
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