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Cost controls help Pfizer, Merck weather weak quarter Tuesday, Jul 30, 2013 02:16 PM PDT By Bill Berkrot and Ransdell Pierson (Reuters) - Big Pharma is still relying on belt-tightening to prop up financial results. Pfizer Inc and Merck & Co said on Tuesday their quarterly results were again hit by generic competition for once top-selling products and the toll of a strong dollar on overseas revenue. Controls on marketing and administrative expenses, and other costs, helped them report earnings slightly above Wall Street estimates. ... Full Story | Top |
New EPA chief takes on critics of U.S. agency's policies Tuesday, Jul 30, 2013 01:15 PM PDT By Richard Valdmanis and Valerie Volcovici CAMBRIDGE, Mass./WASHINGTON (Reuters) - Delivering her first speech as the top U.S. environmental steward, Gina McCarthy on Tuesday pre-empted a frequent mantra of critics of the Environmental Protection Agency - that the agency's regulations disrupt the economy and cost jobs. The benefits derived from rules to address climate change and protect the environment far outweigh their costs, said McCarthy, who was confirmed by the U.S. Senate on July 18 as EPA administrator. ... Full Story | Top |
Conn. warns of dire climate change consequences Tuesday, Jul 30, 2013 12:02 PM PDT Connecticut environmental officials are warning of dire consequences from climate change that will affect agriculture, dams and levees, waterfront habitats and public health. For example, sea level rise ... Full Story | Top |
New EPA chief: Climate controls will help economy Tuesday, Jul 30, 2013 11:45 AM PDT President Barack Obama's top environmental official wasted no time Tuesday taking on opponents of the administration's plan to crack down on global warming pollution. In her first speech as the head of ... Full Story | Top |
TD Bank warns of insurance loss due to weather claims Tuesday, Jul 30, 2013 10:48 AM PDT By Andrea Hopkins Toronto (Reuters) - Toronto-Dominion Bank , Canada's second-largest lender, said it will take a third-quarter charge after tax of C$418 million ($406 million) due to recent severe weather in Alberta and Ontario and to boost its reserves for auto insurance claims. The weather-related hit on TD's insurance and mortgage lending business was largely shrugged off by investors and analysts as a widely expected one-time expense. But its move to strengthen reserves on auto insurance claims suggested the business may not be as profitable as the bank would like. ... Full Story | Top |
Congressional Task Force Links Worsening Wildfires to Climate Change Tuesday, Jul 30, 2013 10:21 AM PDT In a forum convened Tuesday by the Bicameral Task Force on Climate Change, a panel of experts on climate, wildfires, and forestry met with task force cochairs Rep. Henry Waxman, D-Calif., Sen. Sheldon Whitehouse, D-R.I., and other lawmakers to discuss the impact of climate change on wildfires. Full Story | Top |
Congressional Task Force Pins Worsening Wildfires on Climate Change Tuesday, Jul 30, 2013 10:08 AM PDT In a forum convened Tuesday by the Bicameral Task Force on Climate Change, a panel of experts on climate, wildfires, and forestry met with task force cochairs Rep. Henry Waxman, D-Calif., Sen. Sheldon Whitehouse, D-R.I., and other lawmakers to discuss the impact of climate change on wildfires. Full Story | Top |
Congress should not oppose biofuels. They create jobs and help the environment. Tuesday, Jul 30, 2013 09:21 AM PDT If Americans are serious about curbing climate change, they need to use less gasoline and more clean-burning biofuels, such as ethanol. That's because the combustion of petroleum-based fuels is one of the largest sources of greenhouse gas emissions, which trap heat in the atmosphere and contribute to climate change. Full Story | Top |
More Carbon Emissions = Less Global Warming? Tuesday, Jul 30, 2013 08:36 AM PDT More Carbon Emissions = Less Global Warming? Full Story | Top |
Cooler weather gives Minn. farmers a break Tuesday, Jul 30, 2013 06:55 AM PDT Cooler weather has given Minnesota farmers a break from the heat. In its weekly crops and weather report for Minnesota, the U.S. Department of Agriculture said Monday that statewide, temperatures for the ... Full Story | Top |
Flossie leaving Hawaii weaker than when storm came Tuesday, Jul 30, 2013 06:50 AM PDT Flossie's Hawaiian adventure: Short, scattered and more powerful than many believed it would be at first. National Weather Service officials say the tropical depression is expected to exit Hawaii on Tuesday ... Full Story | Top |
More honesty needed about Britain's rising energy bills: Kemp Tuesday, Jul 30, 2013 04:34 AM PDT By John Kemp LONDON (Reuters) - Britain's gas and electricity suppliers should itemize customer bills to show how much of the total is related to the fuel costs, transmission charges, company margins and the government's own energy policies. The recommendation is contained in a wide-ranging and insightful report on "Energy prices, profits and poverty" published on Monday by the House of Commons Select Committee on Energy and Climate Change. Several energy suppliers have already threatened to itemize bills. ... Full Story | Top |
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