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Lawmaker urges Shell to sell one-tenth of its shares to public Sat, 22 Jun, 2013 07:42 AM PDT The country's third-largest corporation by revenue — oil refiner Pilipinas Shell Petroleum Corp. — should now conduct a public offering of at least 10 percent of its equity, and list its shares in the Philippine Stock Exchange (PSE), as required by Philippine law, a member of Congress said over the weekend. "... Continue reading | | Up & Running — The millwrights and whistle chasers of Sierra Pacific Sat, 22 Jun, 2013 07:42 AM PDT At around a million board feet per day, the Sierra Pacific lumber mill and co-generation plant is one of the top five producers of soft lumber in the nation. Located in Junction City, its acres of moving parts run 20 hours a day and are a marvel of automation and efficiency. In order to keep the mill churning... Continue reading | | |
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Zimbabwe: Zim Diamond Industry Run Mafia Style Sat, 22 Jun, 2013 06:49 AM PDT [Zimbabwe Independent]THE three-year investigation by the parliamentary portfolio committee on Mines and Energy on the diamond mining industry in Zimbabwe has unearthed shocking revelations with Mines minister Obert Mpofu, conceding the industry is run like "a mafia" globally. Continue reading | | CEOs Should Be Paid to Perform Sat, 22 Jun, 2013 06:49 AM PDT SandRidge Energy just fired its founding CEO, Tom Ward, following a proxy battle with activist investor, TPG-Axon Capital. The hedge fund had a problem with the combination of Ward's exorbitant pay and the company's terrible stock performance. It called for Ward's head and got it. Continue reading | | |
Lucena, Baguio riders dominate BMX events Sat, 22 Jun, 2013 06:23 AM PDT It was a successful second leg that saw Lucena and Baguio riders dominate BMX events in the recently concluded Cobra Energy Drink-Urge Ride Rules Tour 2nd Leg at the Starmall Las Pinas last June 15. Continue reading | |
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