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.
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.
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.
