Puerto Rico is trying to refinance debt or negotiate with creditors to avoid making a $940 million payment, almost 10 percent of its budget, after the U.S. commonwealth was cut to junk by Standard & Poor’s and Moody’s Investors Service.
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.
Growth prospects for smaller oil- sands producers including BlackPearl Resources Inc. and Southern Pacific Resource Corp. are fading as political wrangling over the Keystone XL pipeline and rising U.S. supply slow deals in the Canadian energy industry.
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.