Depressed Natural Gas Prices Look To Rebound

The cost of natural gas, which has languished for two years and last month hit lows not seen in a decade, is rebounding despite a 5.5 percent price drop earlier this week.

space x

From Politics & Policy

SpaceX Makes History: 1st Private Capsule Links To International Space Station

Private-sector initiatives in space made history Friday when SpaceX’s Dragon space capsule was grappled by and attached to the International Space Station.

The Coast Guard Cutter Healy breaks ice ahead of the Canadian Coast Guard Ship Louis S. St-Laurent during an Arctic expedition, in this August 24, 2009 handout photo.

From Politics & Policy

Federal Regulators Plan Arctic Oil Spill Response Drills

The Bureau of Safety and Environmental Enforcement will be conducting a series of possibly unannounced equipment inspections and on-water drills to test the oil spill responsiveness of companies planning to operate off the coast of Alaska in the Arctic Ocean.

Facebook

From Politics & Policy

Facebook Shares Drop Again On New Probes Despite Morgan Stanley Investor Pledges

Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell 4 percent again Friday, a week after their disastrous debut in their initial public offering.

A TAM Airbus A320 in flight. Airbus doubts it will be able to increase production of the plane in the near future.

From Companies

Airbus Won't Increase A320 Production in Near Future, Supply Chain to Blame

Airbus will probably not increase production of its narrowbody A320 airplane in the near future due to supply chain limitations, Aviation Week reported Friday.

MasterCard Europe's claim that fees were good for consumers was rejected by EU court, Thursday.

From Companies

EU Court Rejects MasterCard Claim That Fees Benefit Cardholders

MasterCard Inc. (NYSE: MA) said it will appeal a decision by Europe's second-highest court rejecting the credit card company's argument against an EU ban on cross-border card fees, Reuters reported.

Air India pilots' strike

From Politics & Policy

Air India: Aviation Minister Warns Union Of New Pilot Hires If Strike Continues

The meeting with officials from the Indian Pilots' Guild (IPG) lasted 90 minutes.

American International Group

From Companies

Judge Tosses Part Of AIG Suit Against Bank Of America

American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC), as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in its securities lawsuit against the giant Charlotte, N.C., bank.

Macy's

From Companies

Macy’s Eyes Chinese Market, Partners With China’s VIPStore

Macy's Inc. (NYSE: M), the owner of its namesake and Bloomingdale's department stores, said it will start selling some of the department store chain's private label merchandise directly to consumers in China next spring through a deal with a Chinese online retailer.

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