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BHP Billiton CEO Marius Kloppers

BHP Billiton First Half Profit Falls 5.5 Percent

BHP Billiton Ltd. (BHP), the world's biggest mining company, has announced that its financial first half profit fell 5.5 percent, which is the first decrease in two years for the firm that is affected by rising costs, production disruptions and falling commodity prices.
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A gas drilling site on the Marcellus Shale is seen in Hickory, Pennsylvania.

Top 5 Largest Natural Gas Shale Deposits Yet to Be Found in the U.S.

The United States, according to the U.S. Energy Information Administration, is the top natural gas producer and consumer in the world, and with its 273 trillion cubic feet of proven reserves, the United States holds the fourth largest source of natural gas deposits globally.
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Eyes on dissident states as mortgage deal nears

A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.
New Block III GPS Satellite

Faster Flights With GPS Guided Airplanes? FAA Says Yes [VIDEO]

Airports in the U.S. will see faster flights with new GPS navigation thanks to a bill allowing the FAA to spend about $11 billion on air traffic system upgrades. GPS guided airplanes can take off and land faster because of more precise navigation, and the FAA will now have until 2015 to come up with new arrival procedures at the 35 busiest airports in the nation, the Associated Press reported. Airplanes can take advantage of satellite-based navigation to approach landings at a steeper angle, and...
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American Idol producer goes on attack against rivals

American Idol executive producer Nigel Lythgoe came out fighting against rival TV shows on Tuesday, calling singing contest The Voice a gimmicky show and making clear he was fed up with defending Idols slipping ratings.
Professional skateboarder Jordan Hoffart

Skateboarder Hoffart living the dream in California

Ever since Jordan Hoffart decided to turn his back on the seemingly incessant rain of his native Vancouver, he has been living his dream as a professional skateboarder in the perpetual sunshine of southern California.
A crane is seen at the border as workers renovate the fence between the U.S. and Mexico in Tijuana

U.S. ocean fence aims to curb smuggling from Mexico

U.S. authorities are building a steel and concrete barrier 300 feet out into the Pacific Ocean south of San Diego to curb dangerous attempts by illegal immigrants and smugglers to slip through the breakers to California.
Keystone Pipeline, North Dakota

Keystone XL Bill Passes House Committee

A plan to fast-track the stalled Keystone XL pipeline was passed by a key committee in the House of Representatives Tuesday, as Republicans made yet another attempt to spur approval of the project that has become a major issue in the 2012 elections.
U.S. Consumer Credit

Credit Card Charges in December Spike Consumer Credit

U.S. borrowers tacked on $19.6 billion in revolving -- mostly credit card-related -- debt in December, according to preliminary data from the Federal Reserve. Non-revolving credit was also up. Borrowing grew across all categories -- be it charges on commercial credit cards, student promissory notes, auto loans of fixed-term mortgages.

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