Officials from the National Weather Service (NWS) have said that Hurricane Earl may be bound for Virginia northward to New England, reports MarketWatch Wednesday. Hurricane Earl has been downgraded one notch to a Category 3 storm with winds around 125 miles per hours; the storm could still cause “devastating damage” and “a high risk of [...]
LOS ANGELES (MarketWatch) — Google Inc. shares edged higher late Thursday after the Internet search heavyweight announced a deal to purchase a privately held flight information software company. Google shares /quotes/comstock/15*!goog/quotes/nls/goog (GOOG 440.25, +0.76, +0.17%) recently 40 cents to $439.89 in low volume. The company said it’s buying ITA Software Inc. for about $700 million [...]
HONG KONG (MarketWatch) — Industrial & Commercial Bank of China is planning to enter the U.S. commercial real estate lending market, offering loans of more than $100 million to commercial clients, according to a published report Wednesday. In making the move, ICBC /quotes/comstock/22h!e:1398 (HK:1398 5.72, -0.04, -0.69%) /quotes/comstock/11i!idcby (IDCBY 36.49, -0.09, -0.25%) , which is [...]
TEL AVIV (MarketWatch) — The trans-Alaska pipeline was restarted late Friday after it was shut for nearly 3 1/2 days because a power failure caused a spill into a containment area, the pipeline’s operator said. The pipeline, from Prudhoe Bay to Valdez, is held by Alyeska Pipeline Service Co., a consortium with major owners including [...]
HONG KONG (MarketWatch) — Honda Motor Co. gave no indication when production at its car-assembly plants in China, crippled in unison by supply-chain disruptions Thursday, would be back online, following a weeks-long strike at an auto-part-making subsidiary. Honda officials were due to hold talks with the striking workers at its parts unit on Thursday, but [...]
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