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Exxon CEO: Oil will be top energy source for years

Written By Unknown on Kamis, 29 Mei 2014 | 00.32

DALLAS — The CEO of Exxon Mobil Corp. says alternative fuels will grow but that oil will remain the world's leading source of energy for another quarter century. CEO Rex Tillerson says natural gas will surpass coal as the second most heavily used fuel....
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Google: We're building car with no steering wheel

LOS ANGELES — Google will build a car without a steering wheel. It doesn't need one because it drives itself. The two-seater won't be sold publicly, but Google said Tuesday it hopes by this time next year, 100 prototypes will be on public roads. Though...
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No end yet to salmonella outbreak tied to chicken

WASHINGTON — An outbreak of antibiotic-resistant salmonella linked to a California chicken company hasn't run its course after more than a year, with 50 new illnesses in the past two months and 574 people sickened since March 2013. The federal Centers...
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Nestle to pay $1.4 billion for skin treatments

FRANKFURT, Germany — Nestle says it is paying $1.4 billion in cash for the rights to sell lip and wrinkle treatment Restylane and other skin products in the U.S. and Canada. The Swiss company said Wednesday it is is acquiring commercialization rights...
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Same-sex kisses have arrived in mainstream news media

Sometimes, a kiss is just a kiss. And sometimes, it's a sign of swift and sweeping cultural and political change. Over the past days, weeks, and perhaps not even years, same-sex kisses have started to arrive in mainstream news media. "We're now seeing...
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Thai Facebook users get censorship scare

BANGKOK — Thailand's new military rulers said that a sudden interruption of access to Facebook on Wednesday was not part of a censorship policy, but due instead to a technical hitch. The afternoon blockage did not affect all users but drew a flurry...
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Stocks mostly lower after latest record high

NEW YORK — Stocks are mostly lower in early trading after setting a record high the day before. Botox maker Allergan fell 3 percent after Valeant Pharmaceuticals made a new unsolicited offer for the company. Toll Brothers rose 4 percent after reporting...
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US bank earnings decline 7.7 percent in 1Q

WASHINGTON — U.S. banks' earnings declined 7.7 percent in the January-March quarter from a year earlier, as higher interest rates dampened demand for mortgage refinancing and reduced banks' revenue from the mortgage business. The data issued Wednesday...
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S&P 500 index holds at record levels

NEW YORK — The Standard & Poor's 500 index held at a record level on Wednesday as a rally in the bond market increased demand for stocks that pay dividends. Investors were unimpressed with a second bid by Valeant Pharmaceuticals for Botox maker Allergan....
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ISS seeks ouster of most of Target's board

NEW YORK — A prominent proxy advisory firm is recommending that Target shareholders vote out seven of its 10 board members after a massive data breach. Institutional Shareholder Services on Wednesday targeted those members who serve on the company's...
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