Restructuring And Recapitalization


MOJAVE, Calif. - Renewable energy developers broke ground Tuesday for a major expansion of wind-power generation in the Mojave Desert north of Los Angeles.
Salazar: Abolish energy agency, divide in 3 parts
WASHINGTON - The Obama administration moved on Wednesday to abolish the beleaguered agency that oversees offshore drilling and replace it with three separate entities.

WASHINGTON - Interior Secretary Ken Salazar said Thursday he has named two high-level officials to oversee a restructuring of an agency that oversees offshore drilling.

WARREN, Mich. - General Motors Co.

AMSTERDAM - Royal Philips Electronics NV, the world's largest maker of lights, reported a net profit of 251 million ($355 million) for the fourth quarter on Monday, helped by lower one-time charges and by job cuts.
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