Thanks to careful spending in lower-risk projects with solid returns, U.S. oil supermajor Chevron has the capacity to distribute US$75 billion-US$80 billion in cash to shareholders over the next five years, chairman and CEO Michael Wirth said on Tuesday at the company’s annual Security Analyst Meeting. Chevron will continue to maintain its annual capital spending…
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COLUMBIA, S.C. — Two former executives at a South Carolina utility lied repeatedly to regulators and investors about the progress of construction of two nuclear reactors taking more than a billion dollars out of the pockets of investors and ratepayers, federal securities officials said. The Securities and Exchange Commission sued SCANA Corp., its subsidiary South…
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Both planes were targeted near Wellington Airport.Two planes in two nights have been struck by lasers in the skies above Wellington. “Laser strikes against aircraft can have incredibly serious – and potentially fatal – consequences,” Inspector Wade Jennings said. “Deliberately shining a laser at any aircraft can temporarily blind the pilot and disorient them, potentially leading…
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Palo Alto’s second quarter sales fell well short of expectations due to the incentives related to its next-gen products a year ago. The company’s reported second quarter revenue of $816.7 million, up 15% from a year ago, with a net loss of $73.7 million, or 75 cents a share. Non-GAAP second quarter earnings were $1.19…
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New Orleans’ police chief says a new group focused on parade safety during the Mardi Gras season will begin work either late this week or early next weekFebruary 24, 2020, 11:47 PM4 min readNEW ORLEANS — A new group focused on Mardi Gras-season parade safety will begin work late this week or early next week,…
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