The Obama administration’s announcement yesterday that it was delaying a ruling on the Keystone XL oil pipeline drew an angry reaction from supporters of the $5.4 billion project, including some who said it was designed to push the issue beyond the November election.
TransCanada Corp.’s Keystone XL pipeline route through Nebraska was ruled illegal by a state court judge in a decision seen as setting back the project by as long as a year as U.S. officials consider approving it.
A Nebraska judge’s decision throwing out the Keystone XL pipeline route in the state may push President Barack Obama’s final decision on the contested project until after the midterm congressional elections.
The U.K.’s opposition Labour Party said it can’t commit to reversing Prime Minister David Cameron’s defense-spending cuts, as it put aircraft carriers, unmanned drones and fighter planes at the heart of its strategy for 2015.
Genesis HealthCare System in southeast Ohio sold $295 million of municipal bonds in the biggest junk- rated hospital deal since 2011 as investor demand for extra yield shrinks the penalty on such borrowers by 50 percent.
The U.K. opposition Labour party is considering legislation to stop employers discriminating against military reservists because of unpredictable working patterns, its defense spokesman, Jim Murphy, will say today.