Filed under: Energy , Company News , Economy , Exxon Mobil , Green These days, everyone wants a piece of the rock — domestic shale, that is. With oil-drilling costs north of $3.5 million per well and natural gas trading below $3, global energy companies are all about American shale. In November, Europe’s second-largest supplier of natural gas, Norwegian-based StatOilHydro ( STOHF ), signed a $3.4 billion agreement in November to acquire 32.5% of Chesapeake Energy’s ( CHK ) 32,000 shale-gas leases in Pennsylvania, West Virginia, New York, and Ohio. Continue reading ExxonMobil buys gas, as Big Oil plans for a renewable-energy future ExxonMobil buys gas, as Big Oil plans for a renewable-energy future originally appeared on DailyFinance on Tue, 15 Dec 2009 15:40:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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ExxonMobil buys gas, as Big Oil plans for a renewable-energy future

Filed under: Economy , People On November 6, Specialist Alexis Hutchinson was arrested . Hutchinson, 21, had arrived back on her military base in Savannah, Georgia, just a week earlier with her 10-month-old son, Kamani, in tow. This was not a happy trip. She’d been home in Oakland, California, on leave, where her mother, Angelique Hughes, broke the bad news: it wasn’t working out. Kamani’s dad isn’t involved in the child’s life, and Hughes had agreed to keep the baby for a year while Hutchinson joined her unit, headed toward Afghanistan. But Hughes is already caring for an ailing mother and sister, a special-needs daughter, and up to 14 children during the day in an in-home daycare. Kamani was one responsibility too many. Continue reading Child care issues are an impossible challenge for Army moms and dads Child care issues are an impossible challenge for Army moms and dads originally appeared on DailyFinance on Sun, 22 Nov 2009 09:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Child care issues are an impossible challenge for Army moms and dads

Filed under: Investing , Media Rush Limbaugh may be racing onto the gridiron without a helmet. The right-wing talk-show host is bidding to buy the NFL’s St. Louis Rams with Dave Checketts, chairman of the NHL’s St. Louis Blues. The team is one of the weakest franchises in professional football; Forbes ranks its value at $913 million, number 25 of 32 in the league. Exactly what Limbaugh and Checketts are trying to buy isn’t clear. The children of longtime owner Georgia Frontiere, who died last year, put up a 60 percent ownership stake in the Rams. Limbaugh, a Missouri native, didn’t provide details of his bid, citing a confidentiality agreement with Goldman Sachs Group ( GS ) and the Frontiere family. Continue reading Is Rush Limbaugh trying to play ball without a helmet? Is Rush Limbaugh trying to play ball without a helmet? originally appeared on DailyFinance on Wed, 07 Oct 2009 18:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Is Rush Limbaugh trying to play ball without a helmet?

Filed under: Company News Signs that regional giant Colonial Bank was in dire straits have abounded for weeks . Today, regulators reportedly decided to step in after reaching an agreement to sell the Montgomery, Alabama-based bank’s $20 billion in deposits and more than 350 branches to BB&T Corp. ( BBT ). This would be a logical purchase for BB&T, based in Winston-Salem, North Carolina. A voracious acquirer of smaller rivals with a strong presence throughout the Southeast, BB&T has already bought another failed bank from the Federal Deposit Insurance Corp. — Georgia’s Haven Trust Bank, which it snapped up in December. Continue reading BB&T reportedly makes deal for troubled Colonial Bank BB&T reportedly makes deal for troubled Colonial Bank originally appeared on DailyFinance on Fri, 14 Aug 2009 13:20:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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BB&T reportedly makes deal for troubled Colonial Bank