J.J. McGrath

J.J. McGrath

I am an editor and writer based in New York, New York, The Town So Nice They Named It Twice.

J.J. McGrath

  • Exxon Mobil Shelves Shale-Gas Exploration Plans In Poland: ReportExxon Mobil Shelves Shale-Gas Exploration Plans In Poland: Report

    June 17 2012 4:33 PM

    The Exxon Mobil Corp. will abandon its shale gas exploration projects in Poland because the company's test wells did not produce commercial quantities of gas, the daily newspaper Gazeta Wyborcza reported, according to Bloomberg News.

  • France Wants EU Growth Package Worth ?120B This YearFrance Wants EU Growth Package Worth ?120B This Year

    June 16 2012 11:21 PM

    With French President Francois Hollande's Socialist Party appearing likely to cement its hold on the country's government in elections on Sunday, the Journal du Dimanche has reported that France wants the European Union to agree on growth-boosting measures worth ?120 billion ($151 billion) this year.

  • Korean Molluscan Shellfish Should Be Pulled From Market: FDAKorean Molluscan Shellfish Should Be Pulled From Market: FDA

    June 16 2012 4:07 PM

    U.S. food wholesalers, food retailers, and food-service operators have been advised by the Food and Drug Administration to remove from their distribution chains all clams, mussels, oysters, and scallops -- collectively known as molluscan shellfish -- that have come to the U.S. from South Korea.

  • Stuntman Nik Wallenda Completes Tightrope Walk Over Niagara FallsStuntman Nik Wallenda Completes Tightrope Walk Over Niagara Falls

    June 15 2012 11:59 PM

    Nik Wallenda, a member of the famed Flying Wallendas family of aerialists, completed a historic tightrope crossing through the mist over Niagara Falls Gorge on Friday, stepping from a 2-inch wire onto safe ground in Canada to wild cheers from a crowd of thousands.

  • Lockheed Awarded $489.53 Million Contract To Buy F-35 PartsLockheed Awarded $489.53 Million Contract To Buy F-35 Parts

    June 15 2012 11:32 PM

    The Lockheed Martin Corp. (NYSE: LMT) was awarded a contract worth $489.53 million to begin purchasing parts, materials, and components for a seventh batch of 35 F-35 Joint Strike Fighter planes, the U.S. Defense Department announced Friday.

  • Market Operators More Greedy Than Fearful In Early Going On MondayMarket Operators More Greedy Than Fearful In Early Going On Monday

    June 10 2012 11:32 PM

    China's easy money and Spain's hard choice to accept a bailout of its cash-strapped financials sector appear to have market participants feeling pretty chipper in the early going on Monday.

  • GE May Cut Its Exposure To The Financial-Services Trade: ReportGE May Cut Its Exposure To The Financial-Services Trade: Report

    June 10 2012 8:58 PM

    GE Capital -- the financial-services unit of the General Electric Co. (NYSE: GE) -- may be in for a round of slicing and dicing by its corporate parent, according to an account appearing online in the Wall Street Journal.

  • China's Data On Trade In May A Surprise: Not A Bad One But A Good OneChina's Data On Trade In May A Surprise: Not A Bad One But A Good One

    June 10 2012 7:17 PM

    Many analysts anticipated China's balance-of-trade figures for May would be OK, but the customs numbers reported Sunday were better than that expectation: Year on year, the country's exports rose 15.3 percent, and its imports rose 12.1 percent.

  • Will Genentech's Perjeta Be The Next Blockbuster For Roche?Will Genentech's Perjeta Be The Next Blockbuster For Roche?

    June 10 2012 4:28 PM

    Combatants on the front lines in the war on cancer have a new weapon in the arsenal, as the U.S. Food and Drug Administration on Friday OK'd Perjeta -- flanked by Herceptin and docetaxel -- for deployment in a three-pronged attack on the enemy cells in people with HER2-positive metastatic breast cancer.

  • Greek And Spanish Ills Could Infect Entire Euro Zone: Moody'sGreek And Spanish Ills Could Infect Entire Euro Zone: Moody's

    June 09 2012 11:57 PM

    Developments in Greece and Spain could lead first to rating reviews and then to rating actions on all 17 countries in the euro zone, Moody's Investors Service announced Friday.

  • Spain Becomes Fourth Bailed-Out Country In 17-Nation Euro ZoneSpain Becomes Fourth Bailed-Out Country In 17-Nation Euro Zone

    June 09 2012 9:31 PM

    Spanish officials appeared hesitant to recognize the reality of their country's situation on Saturday as the nation agreed to accept as much as ?100 billion ($125 billion) in a bailout of its cash-strapped financials sector by one or both of the euro zone's rescue funds.

  • Bonnaroo 2012: Natasha Leggero Brings The Laughs At The Comedy Theatre; Special Set To Air On Comedy Central June 23Bonnaroo 2012: Natasha Leggero Brings The Laughs At The Comedy Theatre; Special Set To Air On Comedy Central June 23

    June 09 2012 6:24 PM

    Missing out on Tennessee's hottest music and arts festival? Didn't wait on the long lines to get into the Comedy Theatre Tent? Fear not, because Comedy Central will be airing Thursday afternoon's stand-up comedy experience on June 23.

  • Bonnaroo 2012: 'Campground Culinary Artists' Share Some 'Roo'-cipesBonnaroo 2012: 'Campground Culinary Artists' Share Some 'Roo'-cipes

    June 09 2012 5:56 PM

    A long line of cars backed up the highways in Manchester, Tenn., as thousands waited to drive onto the beloved campgrounds on Bonnaroo's 700-acre farm. Spread across fields or in between trees, those that waited in line patiently cruised onto the land to park for four wild days of dirt, sun, and music.

  • Bonnaroo 2012: Dax Shepard And Kristen Bell In 'Hit And Run' [PHOTO]Bonnaroo 2012: Dax Shepard And Kristen Bell In 'Hit And Run' [PHOTO]

    June 09 2012 5:12 PM

    A hit-and-run took place at Bonnaroo on Friday. No, a golf cart didn't go rogue, knocking out a corn-dog vendor. Instead, Dax Shepard and Kristen Bell, stars of the coming comedy film Hit and Run, made an appearance at the Bonnaroo Cinema Tent.

  • France's Socialist Party Appears Poised For More Electoral Gains: Polls

    June 09 2012 4:18 PM

    Five weeks after the Socialist Party's Francois Hollande scored a victory in France's presidential election, public-opinion polls show his fellow party members may soon win either a plurality or even a majority of the seats in the lower house of the country's Parliament.

  • Follow The Leader: Monday's Markets Look A Lot Like Friday's MarketsFollow The Leader: Monday's Markets Look A Lot Like Friday's Markets

    June 03 2012 11:38 PM

    Asian equity indexes are getting whacked on Monday a lot like European and U.S. stock indexes got whacked on Friday, with all of those open at this time having shed between 1 percent and 3 percent in the early going.

  • Gila: Monster Of A Wildfire Still Being Battled In N.M. [PHOTOS]

    June 03 2012 8:50 PM

    The biggest wildfire in the history of New Mexico continues to burn, but the ghosts of Mogollon appear safe from having their ectoplasm singed, at least for another tourist season. The Catron County Sheriff's Office will lift on Monday an evacuation order for the ghost town.

  • US FDA Alerts Consumers About Mexico's Recall Of Reumofan Plus

    June 03 2012 4:09 PM

    Mexico's Ministry of Health has issued a warning on Reumofan Plus -- marketed as a so-called natural dietary supplement for pain relief and other serious conditions -- and ordered manufacturer Riger Naturals to recall it.

  • China's PMIs: Yep, It's A Slowdown In World's Second-Largest EconomyChina's PMIs: Yep, It's A Slowdown In World's Second-Largest Economy

    June 02 2012 10:41 PM

    China's nonmanufacturing sector joined the country's manufacturing sector in growing at a slower rate last month, according to data released Saturday by the China Federation of Logistics and Purchasing and the National Bureau of Statistics of China.

  • Spain's PM: Fiscal Union + Monetary Union = New Euro ZoneSpain's PM: Fiscal Union + Monetary Union = New Euro Zone

    June 02 2012 10:06 PM

    Spanish Prime Minister Mariano Rajoy proposed on Saturday that the 17 countries in the euro zone create a common fiscal authority, with each surrendering a significant amount of its national sovereignty to send a signal to financial markets about the certainty of their single-currency experiment.