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Late last year, a group of institutional investors sent a letter to officials in Brussels, warning that European Union accounting standards are “destabilizing banks” and “damaging national economies.”
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Gasoline futures declined the most in 14 months after a government report showed rising East Coast inventories as refineries restored production following maintenance.
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Colonial Pipeline Co. said it resumed normal operations after a fire that erupted early this morning at a tank farm in Greensboro, North Carolina, causing the company to temporarily halt pipeline deliveries in and out of the hub.
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A lawmaker from Prime Minister David Cameron’s Conservative Party will propose a bill in Parliament today to make directors of U.K. banks personally liable for losses made by the institutions.
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New Jersey’s largest teachers union, which ran a $6.6 million ad campaign last year criticizing Republican Governor Chris Christie, posted record spending on legislative races in the third quarter.
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Gasoline stockpiles on the U.S. East Coast may sink to the lowest level since at least 1990 as Hurricane Sandy moves ashore, curtailing fuel production and distribution, based on Energy Department data.
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New Jersey Governor Chris Christie said his administration approved 23 new charter schools, the largest number in an application cycle since the program was created in 1995.
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New Jersey Governor Chris Christie said he doesn’t mind breaking promises to pensioners to close a $10.5 billion budget deficit -- even if they sue.
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Jet fuel in New York rose to a 29- month high over heating oil futures amid tight supplies on the Colonial Pipeline, the largest conduit delivering oil products from Gulf Coast refiners to East Coast markets.
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Northeast fuel retailers and distributors are working to keep fueling stations stocked with gasoline and diesel as refineries, pipelines and distribution terminals shut for Hurricane Sandy.
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