Items by By JAD MOUAWAD
NYT > Business
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Merger Not Ruled Out At American Airlines
Posted: May 11th, 2012, 9:49pm EDT by By JAD MOUAWAD
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While it restructures operations in bankruptcy court, the airline stressed that it still intended to emerge as a stand-alone carrier.
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Special Section: Business Travel: Trapped in the Middle Seat
Posted: May 2nd, 2012, 7:32pm EDT by By JAD MOUAWAD
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Amid cutbacks, companies have become increasingly strategic about managing travel, even as prices and fares rise.
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US Airways Strikes Deal With AMR’s Unions
Posted: April 20th, 2012, 3:41pm EDT by By JAD MOUAWAD
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In a move that remains mostly symbolic, US Airways has made a deal, it said, with three unions at American Airlines to support a possible merger of the airlines.
NYT > Home Page
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US Airways Strikes Deal With AMR’s Unions
Posted: April 20th, 2012, 3:41pm EDT by By JAD MOUAWAD
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US Airways Group said it has made deals with three unions at American Airlines, contingent on a possible merger of the two airlines.
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A Satellite System That Could End Circling Above the Airport
Posted: April 4th, 2012, 2:00am EDT by By JAD MOUAWAD
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Airlines and airports are testing a guidance system that could reduce congestion and fuel consumption by allowing planes to take a more direct route to the runway.
NYT > Business
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A Satellite System That Could End Circling Above the Airport
Posted: April 3rd, 2012, 11:57am EDT by By JAD MOUAWAD
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Airlines and airports are testing a guidance system that could reduce congestion and fuel consumption by allowing planes to take a more direct route to the runway.
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American Airlines Seeks 13,000 Job Cuts
Posted: February 1st, 2012, 8:59pm EST by By JAD MOUAWAD
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The carrier, operating in bankruptcy court, also said it sought to terminate pension plans and to cut benefits.
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American Airlines Seeks 13,000 Job Cuts
Posted: February 1st, 2012, 3:44pm EST by By JAD MOUAWAD
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The carrier, operating in bankruptcy court, also said it sought to terminate pension plans and to cut benefits.
NYT > Home Page
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American Airlines Seeks 13,000 Job Cuts
Posted: February 1st, 2012, 3:44pm EST by By JAD MOUAWAD
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The carrier, operating in bankruptcy court, also said it sought to terminate pension plans and to cut benefits.
NYT > Business
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N.Y. Airports Account for Half of All Delays
Posted: January 27th, 2012, 9:00pm EST by By JAD MOUAWAD
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Despite changes in procedures and airline schedules, flight delays last year in the New York area were as bad as ever, and rippled across the country.
NYT > Home Page
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N.Y. Airports Account for Half of All Delays
Posted: January 27th, 2012, 8:23pm EST by By JAD MOUAWAD
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Despite changes in procedures and airline schedules, flight delays last year in the New York area were as bad as ever, and rippled across the country.
NYT > Business
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Leaner Operations Give U.S. Airlines a Profitable Year
Posted: January 27th, 2012, 1:10am EST by By JAD MOUAWAD
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After a wave of consolidations, airlines cut routes and seats but raised prices.
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Airlines, Now Flush, Fear a Downturn
Posted: June 11th, 2011, 2:02am EDT by By JAD MOUAWAD
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Despite rising fares and multiple fees, carriers have managed to keep their planes full. But there are signs the situation may cool after a hot summer vacation season.
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Delta-Northwest Merger’s Long and Complex Path
Posted: May 18th, 2011, 9:50pm EDT by By JAD MOUAWAD
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When Delta acquired Northwest three years ago, executives did not fully anticipate the thousands of tiny details that can make the difference between a successful merger and a failed one.
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United Continental Posts $213 Million Loss
Posted: April 21st, 2011, 11:00am EDT by By JAD MOUAWAD
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A sharp increase in fuel costs largely offset gains in revenue for the parent company of two carriers.
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Delta Warns That Higher Fuel Costs Could Erase Gains
Posted: January 18th, 2011, 3:44pm EST by By JAD MOUAWAD
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The airline reported a profit for the fourth quarter, but earnings fell short of analysts’ expectations.
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Virgin America Places Big Order for New Airbus Jet
Posted: January 18th, 2011, 1:08am EST by By JAD MOUAWAD
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The order for 30 of the A320neo model will be booked to 2010, allowing Airbus to slip past Boeing in orders.
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For Air Travelers, Small Affronts Start to Add Up
Posted: November 23rd, 2010, 4:44pm EST by By JAD MOUAWAD
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After fees, disappearing amenities, higher fares and full flights, fliers may find tougher security the last straw.
NYT > Home Page
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For Air Travelers, Small Affronts Start to Add Up
Posted: November 23rd, 2010, 4:32pm EST by By JAD MOUAWAD
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After fees, disappearing amenities, higher fares and full flights, fliers may find tougher security the last straw.
NYT > Business
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Pushing 40, Southwest Is Still Playing the Rebel
Posted: November 20th, 2010, 12:54pm EST by By JAD MOUAWAD
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Southwest has become one of the biggest airlines and is turning 40 next year, but it is clinging to a corporate culture of Halloween parties and rapping flight attendants.
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In a Narrow Vote, Delta Flight Attendants Reject a Unionization Effort
Posted: November 3rd, 2010, 10:22pm EDT by By JAD MOUAWAD
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The vote was to sort out whether the union would represent flight attendants after the merger of Delta and Northwest.
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Airline Unions Seek a Share of the Industry Gains
Posted: October 28th, 2010, 3:21am EDT by By JAD MOUAWAD
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Labor talks with the newly merged United and Continental Airlines could serve as a bellwether for the industry.
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United and Continental Report Strong Profits
Posted: October 21st, 2010, 1:10pm EDT by By JAD MOUAWAD
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Quarterly results of the two airlines, which recently merged to form the largest strong domestic carrier, confirmed the industry’s turnaround.
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Flying Fewer Planes, Airlines Find Stability
Posted: October 9th, 2010, 1:40am EDT by By JAD MOUAWAD
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The scaling back in flights reflects a more timid — and perhaps chastened — industry than in previous decades.
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Southwest Buys AirTran in Effort to Expand Reach
Posted: September 27th, 2010, 4:40pm EDT by By JAD MOUAWAD
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A $1.4 billion deal expands Southwest’s foothold in New York and Boston and lets it move into Atlanta.
NYT > Home Page
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Southwest Buys AirTran in Effort to Expand Reach
Posted: September 27th, 2010, 4:40pm EDT by By JAD MOUAWAD
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A $1.4 billion deal expands Southwest’s foothold in New York and Boston and lets it move into Atlanta.
NYT > Business
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After Bargains of Recession, Air Fares Soar
Posted: September 5th, 2010, 1:40am EDT by By JAD MOUAWAD
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Air fares have marched steadily upward in recent months and are now close to pre-recession levels — and that’s not even counting all the new fees that airlines have introduced lately.
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United-Continental Merger Clears Federal Hurdle
Posted: August 28th, 2010, 12:40am EDT by By JAD MOUAWAD
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With a Justice Department review finished, the airlines expect to complete their $3 billion merger within weeks.
NYT > Home Page
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United-Continental Merger Clears Federal Hurdle
Posted: August 28th, 2010, 12:40am EDT by By JAD MOUAWAD
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With a Justice Department review finished, the airlines expect to complete their $3 billion merger within weeks.
NYT > Business
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BP Begins Its Next Challenge, Reassuring Investors
Posted: July 8th, 2010, 1:40am EDT by By JAD MOUAWAD
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BP’s chief executive has been talking to shareholders to convince them that BP can pay for the Gulf of Mexico oil spill without jeopardizing growth.
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Airlines Work to Catch Up to the Digital Age
Posted: June 4th, 2010, 9:30pm EDT by By JAD MOUAWAD
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The carriers, recognizing that their antiquated systems contribute to the frustrations of passengers, have begun developing up-to-date technology.
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Loss Narrows to $256 Million at Delta
Posted: April 20th, 2010, 6:10pm EDT by By JAD MOUAWAD
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The airline, which said it was beginning to see the benefits of its 2008 merger with Northwest Airlines, indicated that it expected a profit in the second quarter.
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Airline Merger Talks Renew Skepticism of Tie-Ups
Posted: April 17th, 2010, 4:59am EDT by By JAD MOUAWAD
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The industry has a long history of botched mergers, given the difficulty of bringing together different flight networks, aircraft models and distinct cultures.
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United Chief on 3rd Verse of Old Tune
Posted: April 8th, 2010, 11:17pm EDT by By JAD MOUAWAD
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Glenn F. Tilton is seeking once more to find salvation for his company in a tie-up with a competing airline. But is he just trying to make the best of a weak hand?
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US Air and Delta Reach Deal to Give Up Flight Slots
Posted: March 22nd, 2010, 11:09pm EDT by By JAD MOUAWAD
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US Airways and Delta are pressing to get federal approval of a landmark deal to swap takeoff and landing slots.
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As Expected, OPEC Leaves Output Quotas Unchanged
Posted: March 17th, 2010, 11:23am EDT by By JAD MOUAWAD
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Members are anticipating that a pickup in demand later in the year will mop up extra barrels of oil already being pumped.
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Cnooc Deal in Argentina Extends China’s Search for Oil
Posted: March 14th, 2010, 11:58pm EDT by By JAD MOUAWAD
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Since Cnooc was rebuffed in its attempt to buy Unocal, China has focused on gaining access to resources rather than acquiring companies.
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Iran’s Ace (Or Deuce): Its Oil Reserves
Posted: March 6th, 2010, 4:19pm EST by By JAD MOUAWAD
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Tehran is playing its hand as if its untapped oil reserves give it a trump card. But the longer the nuclear stalemate drags on, the more that strategy is in doubt.
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Iran’s Ace (Or Deuce): Its Oil Reserves
Posted: March 6th, 2010, 4:19pm EST by By JAD MOUAWAD
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Tehran is playing its hand as if its untapped oil reserves give it a trump card. But the longer the nuclear stalemate drags on, the more that strategy is in doubt.
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Energy Company Mergers Are Expected to Rise
Posted: February 17th, 2010, 1:21am EST by By JAD MOUAWAD
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Energy companies are focused on buying fast-growing small companies, or on acquisitions that expand reserves.
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Exxon Grew as Oil Industry Contracted
Posted: February 2nd, 2010, 7:04am EST by By JAD MOUAWAD
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The company, which reported lower earnings, has taken advantage of the recession to buy rivals and increase operations.
NYT > Home Page
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Exxon’s Natural Gas Holdings Grow With $31 Billion Deal
Posted: December 14th, 2009, 2:32pm EST by By JAD MOUAWAD
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Exxon’s purchase of XTO, which has expertise in the growing area of shale gas, is one of the biggest energy deals in years.
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Exxon’s Natural Gas Holdings Grow With $31 Billion Deal
Posted: December 14th, 2009, 2:32pm EST by By JAD MOUAWAD
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Exxon’s purchase of XTO, which has expertise in the growing area of shale gas, is one of the biggest energy deals in years.
NYT > Business
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Exxon’s Natural Gas Holdings Grow With $31 Billion Deal
Posted: December 14th, 2009, 11:34am EST by By JAD MOUAWAD
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Exxon’s purchase of XTO, which has expertise in the growing area of shale gas, is one of the biggest energy deals in years.
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Preparing, and Bracing, for New Emissions Rules
Posted: November 25th, 2009, 10:48pm EST by By JAD MOUAWAD
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Much of corporate America has already been thinking about how to comply with sharp cuts when they came, and that day seems to have moved closer.
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Gloomy Energy Report Sets the Stage for Climate Talks
Posted: November 11th, 2009, 3:53pm EST by By JAD MOUAWAD
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The revised forecast by the International Energy Agency came with a warning that governments must soon tackle climate change by curbing energy demand.
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Climate Agency Sees China’s Efforts Paying Off
Posted: October 6th, 2009, 2:28pm EDT by By JAD MOUAWAD
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A new report finds that China’s emphasis on nuclear power and clean energy is achieving bigger cuts in carbon emissions than expected.
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Oil Industry Sets a Brisk Pace of New Discoveries
Posted: September 23rd, 2009, 8:02pm EDT by By JAD MOUAWAD
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New oil discoveries have totaled about 10 billion barrels this year, on a pace to reach the highest level since 2000.
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News Analysis: OPEC Seems Content With ‘Goldilocks’ Price of Oil
Posted: September 9th, 2009, 1:43pm EDT by By JAD MOUAWAD
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After adhering to a strategy to raise prices, the cartel wants to keep the price hovering at about $72 a barrel to aid the global recovery.
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Eli Mason, Leader in Accounting Ethics, Is Dead at 88
Posted: August 10th, 2009, 1:30am EDT by By JAD MOUAWAD
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Mr. Mason was a defender of small and midsize accounting firms and a benefactor of Baruch College of the City University of New York.
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Eli Mason, 88, Outspoken Accountant, Is Dead
Posted: August 8th, 2009, 3:38am EDT by By JAD MOUAWAD
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A defender of small and midsize accounting firms and a benefactor of Baruch College of the City University of New York.
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Profit Dropped 66% at Exxon Mobil
Posted: July 30th, 2009, 7:09pm EDT by By JAD MOUAWAD
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Exxon’s report caps a week of lower earnings in the energy industry after the tumble of oil prices since last year.
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Exxon to Invest Millions to Make Fuel From Algae
Posted: July 14th, 2009, 1:35am EDT by By JAD MOUAWAD
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The program is a joint venture with a biotech company founded by the genomics pioneer J. Craig Venter.
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Oil Weakens as Recovery Hopes Dim
Posted: July 10th, 2009, 2:56am EDT by By JAD MOUAWAD
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Prices have dropped over the last two weeks as traders and investors acknowledge the lethargy of the world economy.
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Volatile Swings for Price of Oil Hobble Industry
Posted: July 5th, 2009, 10:06pm EDT by By JAD MOUAWAD
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From $145 a barrel a year ago to $33 in December, oil prices lately have surprised analysts by climbing despite the undertow of a global recession.
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Newspaper Apologizes for Seeming to Sell Access
Posted: July 5th, 2009, 9:47pm EDT by By JAD MOUAWAD
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The Washington Post’s publisher wrote that “firm parameters” had not been followed in planning private events with sponsors, officials and journalists.
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Lower Oil Prices Trim Exxon’s Profit
Posted: April 30th, 2009, 10:57am EDT by By JAD MOUAWAD
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The company’s shares have lost 25 percent of their value in the last year, compared with a 37 percent drop on the Standard & Poor’s 500-stock index.
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Oil Giants Loath to Follow Obama’s Green Lead
Posted: April 8th, 2009, 4:24pm EDT by By JAD MOUAWAD
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The Obama administration wants to spend $150 billion to diversify energy sources by encouraging more renewable sources, but oil giants are hanging back.
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Jack Dreyfus, 95, Mutual Fund Pioneer and ‘Wonder Drug’ Promoter, Is Dead
Posted: March 28th, 2009, 1:56am EDT by By JAD MOUAWAD
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The New York financier ran one of the nation’s most successful mutual funds but left Wall Street on a quixotic crusade to promote an epilepsy drug as a miracle cure-all.
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Obama Tries to Draw Up an Inclusive Energy Plan
Posted: March 18th, 2009, 2:25am EDT by By JAD MOUAWAD
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The administration is caught between oil companies, that want to expand drilling, and environmental groups, which ask for a ban to be reinstated.
NYT > Home Page
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OPEC Agrees to Another Cut in Production
Posted: December 17th, 2008, 1:17pm EST by By JAD MOUAWAD
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The cartel hopes the move will help stabilize oil prices, and eventually push them up to around $80 a barrel.
NYT > Business
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OPEC Agrees to Another Cut in Production
Posted: December 17th, 2008, 12:53pm EST by By JAD MOUAWAD
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The cartel hopes the move will help stabilize oil prices and eventually push them up to around $80 a barrel.
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Big Oil Projects Put in Jeopardy by Fall in Prices
Posted: December 15th, 2008, 11:42pm EST by By JAD MOUAWAD
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Price cuts are welcome at the pump, but delays may cut future supplies, setting the stage for another price surge.
NYT > Home Page
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Big Oil Projects Put in Jeopardy by Fall in Prices
Posted: December 15th, 2008, 11:42pm EST by By JAD MOUAWAD
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Price cuts are welcome at the pump, but delays may cut future supplies, setting the stage for another price surge.
NYT > Business
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OPEC Looks to Halt Falling Oil Prices
Posted: December 15th, 2008, 3:27pm EST by By JAD MOUAWAD
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The oil cartel has been stunned by the stunning speed of the downturn, which has created a sudden nightmare for producers.
NYT > Home Page
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OPEC Looks to Halt Falling Oil Prices
Posted: December 15th, 2008, 3:27pm EST by By JAD MOUAWAD
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The oil cartel has been stunned by the stunning speed of the downturn, which has created a sudden nightmare for producers.
NYT > Business
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Oil Demand Down; 1st Time Since ’83
Posted: December 11th, 2008, 10:15pm EST by By JAD MOUAWAD
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An energy agency expects global demand to fall by 200,000 barrels a day to 85.8 million barrels a day.
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OPEC Ends Meeting With No Plan to Prop Up Prices
Posted: December 1st, 2008, 12:34am EST by By JAD MOUAWAD
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With demand plunging, members of the oil cartel are struggling to maintain unity.
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OPEC, Struggling to Move in Concert, Considers Cutting Output
Posted: November 30th, 2008, 2:19am EST by By JAD MOUAWAD
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Faced with plunging oil prices and shrinking revenues, OPEC suggested it might lower production for the third time this year.
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As Oil Prices Fall, Tensions Among OPEC Members Seem to Deepen
Posted: November 27th, 2008, 5:38am EST by By JAD MOUAWAD
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OPEC is increasingly torn between its moderate members that can afford a period of lower oil prices and those countries that have become much more dependent on high prices.
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Court Says Shell Can’t Drill Near Alaska
Posted: November 21st, 2008, 12:27am EST by By JAD MOUAWAD
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The federal appeals court’s decision came after finding that the Interior Department had failed to conduct an environmental study before issuing the company’s drilling permit.
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Oil Closes Below $50, Lowest Price Since May 2005
Posted: November 21st, 2008, 12:16am EST by By JAD MOUAWAD
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After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop.
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OPEC Ponders Choices as Oil Prices Plummet
Posted: October 22nd, 2008, 2:35am EDT by By JAD MOUAWAD
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History suggests that OPEC will face a tough time propping up prices as oil consumption slows down and the world teeters on the edge of a global recession.
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Oil Prices Slip Below $70 a Barrel
Posted: October 16th, 2008, 9:48pm EDT by By JAD MOUAWAD
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Oil prices dropped below $70 a barrel for the first time in 16 months Thursday, prompting the OPEC cartel to call for an emergency meeting next week.
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Falling Oil Price Is a Positive Note Amid Turmoil
Posted: October 3rd, 2008, 3:05am EDT by By JAD MOUAWAD
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If prices keep dropping, consumers will have billions more dollars in their wallets, giving the economy some support.
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Oil Falls Sharply on Renewed Economic Fears
Posted: September 29th, 2008, 4:38pm EDT by By JAD MOUAWAD
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Crude oil futures fell $9.13 to $97.76 a barrel. They have lost more than $20 since last Monday.
NYT > Home Page
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Oil Falls Sharply on Renewed Economic Fears
Posted: September 29th, 2008, 3:15pm EDT by By JAD MOUAWAD
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Crude oil futures fell $9.13 to $97.76 a barrel. They have lost more than $20 since last Monday.
NYT > Business
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Home Energy Prices Are Expected to Soar
Posted: August 6th, 2008, 1:59am EDT by By JAD MOUAWAD
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Even with the recent drop in oil prices, experts are predicting that heating bills this winter will far exceed those of last year.
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Oil Survey Says Arctic Has Riches
Posted: July 23rd, 2008, 11:31pm EDT by By JAD MOUAWAD
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The Arctic Circle holds enough recoverable oil supplies to meet current world demand for nearly three years, according to a new U.S. Geological Survey forecast.
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Promise of Biofuel Clouded by Weather Risks
Posted: July 1st, 2008, 2:26am EDT by By JAD MOUAWAD
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Recent storms and floods have highlighted the risks of an economy that has grown more dependent on corn for fuel.
NYT > Home Page
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Promise of Biofuel Clouded by Weather Risks
Posted: July 1st, 2008, 2:26am EDT by By JAD MOUAWAD
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Recent storms and floods have highlighted the risks of an economy that has grown more dependent on corn for fuel.
NYT > Business
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Congress Looks for a Culprit for Rising Oil Prices
Posted: June 24th, 2008, 11:35pm EDT by By JAD MOUAWAD
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A pre-eminent energy expert is to testify on Wednesday before lawmakers that the suspicion that investors are a large cause for skyrocketing oil prices is misguided.
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Saturday Interview: Oil’s Perspective on What’s Behind the Energy Crisis
Posted: June 21st, 2008, 1:02am EDT by By JAD MOUAWAD
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David J. O’Reilly is the chairman and chief executive of Chevron.
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Saudi Arabia Calls for Summit on Energy Costs
Posted: June 10th, 2008, 12:48am EDT by By JAD MOUAWAD
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The energy summit of producers and consumers would focus on “how to objectively deal” with high prices, the Saudi government said.
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Oil Prices Skyrocket, Taking Biggest Jump Ever
Posted: June 6th, 2008, 4:14pm EDT by By JAD MOUAWAD
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Oil futures surged more than $10 a barrel, or almost 8 percent, to $138, fueling suspicions that commodities might be caught in a speculative bubble.
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Industries Allied to Cap Carbon Differ on the Details
Posted: June 2nd, 2008, 12:24am EDT by By JAD MOUAWAD
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The difficult bottom line in the negotiations is that dealing with climate change will almost certainly hurt some industries and enrich others.
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U.S. Regulators Push to Strengthen Oversight of Energy Markets
Posted: May 30th, 2008, 12:10am EDT by By JAD MOUAWAD
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Federal regulators said that they have been investigating oil and derivative markets for six months to look into potential price manipulation.
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Congressional Pressure Prevails as U.S. Halts Filling of Oil Reserve
Posted: May 17th, 2008, 2:57am EDT by By JAD MOUAWAD
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An Energy Department announcement that it would temporarily suspend a program to fill the nation’s strategic oil stocks failed to break the rally in oil prices, which hit another record Friday.
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Oil Refiners See Profits Sink as Consumption Falls
Posted: May 14th, 2008, 11:54am EDT by By JAD MOUAWAD
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Oil refiners have not been able to to raise gasoline prices enough to pass along the full increases in oil, analysts say.
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Hints of a Shift at OPEC About a Rise in Oil Output
Posted: May 10th, 2008, 7:55am EDT by By JAD MOUAWAD
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An oil official signaled for the first time in months that the oil cartel might increase its output to prick the price bubble.
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Oil Giants to Settle Water Suit
Posted: May 7th, 2008, 9:43pm EDT by By JAD MOUAWAD
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A dozen oil companies agreed to pay $423 million in cash plus clean-up costs to settle litigation over groundwater contamination from the gasoline additive, MTBE.
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For Exxon Mobil, $10.9 Billion Profit Disappoints
Posted: May 1st, 2008, 1:15pm EDT by By JAD MOUAWAD
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Exxon’s shares fell after the company reported that first-quarter net income rose 17 percent, slightly below expectations.
NYT > Home Page
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For Exxon Mobil, $10.9 Billion Profit Disappoints
Posted: May 1st, 2008, 1:15pm EDT by By JAD MOUAWAD
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Exxon’s shares fell after the company reported that first-quarter net income rose 17 percent, slightly below expectations.
NYT > Business
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John McConnell, Steel Magnate and N.H.L. Owner, Is Dead at 84
Posted: April 26th, 2008, 9:57pm EDT by By JAD MOUAWAD
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Mr. McConnell was a self-made steel magnate and sports enthusiast who borrowed $600 against his car to establish what became a multibillion-dollar company.
NYT > Sports
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John McConnell, Steel Magnate and N.H.L. Owner, Is Dead at 84
Posted: April 26th, 2008, 9:57pm EDT by By JAD MOUAWAD
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Mr. McConnell was a self-made steel magnate and sports enthusiast who borrowed $600 against his car to establish what became a multibillion-dollar company.
NYT > Business
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Oil and Gasoline Prices Continue Their Climb
Posted: April 21st, 2008, 4:13pm EDT by By JAD MOUAWAD
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Oil jumped to a record, and gasoline prices rose above $3.50 a gallon for the first time across the nation.
NYT > Home Page
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Oil and Gasoline Prices Continue Their Climb
Posted: April 21st, 2008, 4:13pm EDT by By JAD MOUAWAD
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Oil jumped to a record, and gasoline prices rose above $3.50 a gallon for the first time across the nation.
NYT > Business
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Oil Prices Hit a New High, and So Does a Gallon of Gas
Posted: April 16th, 2008, 1:31am EDT by By JAD MOUAWAD
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Oil prices surged to a new high on Tuesday, reaching $114 a barrel, as scattered pipeline interruptions and a weak dollar agitated a tight global market.