Mike Dunn News
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Chris Bishop paces as he beams the world’s biggest laser at a peppercorn-sized fuel pellet, a crucial step toward fusing hydrogen atoms to replicate the explosive power of the sun, stars and thermonuclear weapons.
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Suncor Energy Inc.’s decision to scrap an C$11.6 billion ($11.4 billion) oil-sands plant shows Canadian producers are betting they can boost shareholder returns by shipping crude directly to refineries instead of investing in costly processing.
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Mel Gibson is bypassing theaters and releasing his latest picture on pay-television today, a move other producers are pursuing as consumers spend more to watch movies from home.
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Alcentra Ltd. hired Michael Johnson, Cantor Fitzgerald & Co.’s head of European leveraged capital markets, to run its U.K. direct lending business, according to a person with knowledge of the move.
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The Atlanta Braves completed a trade with the Florida Marlins for Dan Uggla , the only second baseman in Major League Baseball history to hit 30 home runs in four straight seasons.
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In Alabama’s most populous county, twisted tree limbs are strewn on the ground months after a tornado ripped them down. Potholes pockmark roads and parking lots, including one the size of a pizza that swallowed the county manager’s front tire. Government credit cards were rejected when maintenance workers tried to buy supplies.
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Royal Dutch Shell Plc began commercial production from an expansion of its Scotford oil-sands upgrader that will boost capacity by 64 percent at the Alberta facility.
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Cities and towns in Alabama are paying a penalty six months after Jefferson County filed the nation’s biggest municipal bankruptcy.
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Alcentra Ltd., the money manager owned by Bank of New York Mellon Corp., is raising a 500 million-euro ($667 million) fund to lend to European companies as banks in the region retreat, according to two people with knowledge of the matter.
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The record slump in natural-gas prices signals companies from BHP Billiton Ltd. to Ultra Petroleum Corp. are at risk of writing off billions of dollars of assets following a bubble in U.S. shale-gas acreage.
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