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WA is like Michael Jackson: Porter

25 June, 2011

State treasurer Christian Porter showed today that the dull science of economics can be a lot of fun, by employing a surprisingly in-depth knowledge of the Jackson 5 to illustrate WA’s place in the national economy. Speaking at a business lunch, he told the audience that he wanted to explain, in the simplest possible terms, [...]

Chafee names choice for DCYF director

24 June, 2011

PROVIDENCE – Gov. Lincoln D. Chafee nominated Wednesday Janice DeFrances as director of the R.I. Department of Children, Youth and Families, pending Senate confirmation. The department is currently overseen by Interim Director Kevin Aucoin, whom Chafee appointed in January to replace Patricia Martinez. DeFrances is president and CEO of Harmony Hill School, which provides residential, [...]

Oil Tumbles as IEA Announces Release of 60 Million Barrels

24 June, 2011

The International Energy Agency unexpectedly agreed on Thursday to release 60 million barrels of oil over the next 30 days, half of which will come from the U.S., in an effort to lower costs after unrest in Libya and the Middle East crippled supply. The 28 member countries of the IEA agreed to take two [...]

Market Report: Gulf of Mexico optimism fails to stop BP falling

24 June, 2011

Claims that its final bill for the Gulf of Mexico tragedy is being hugely overestimated failed to stop BP sinking last night, as oil prices plummeted after the International Energy Agency (IEA) revealed it was releasing 60m barrels from its reserves. The energy giant, which has lost around a third of its share price since [...]

Ford Emphasizing Tech Integration

24 June, 2011

The growth of mobile apps is hardly restricted to smartphones and tablets. As more people find more uses for mobile computing, Ford aims to give its customers access to all the same tools from their car as well, according to Bloomberg. Since recording more than $30 billion in losses between 2006 and 2008, the iconic [...]

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