Posts From King World News

Chevron pays record fine in Pennsylvania blast, regulator says

By David DeKok HARRISBURG, Pa. (Reuters) – Oil and natural gas producer Chevron Corp paid a $939,553 fine for a fatal 2014 explosion at one its Pennsylvania gas wells that state officials on Tuesday said may be the largest amount paid for a single incident. The fine reflected the state Department of Environmental Protection’s assessment that the No. 2 U.S. oil company’s management of the well failed to meet state

Reinstated star Peterson belatedly rejoins NFL's Vikings

(Reuters) – Star running back Adrian Peterson reported to the Minnesota Vikings on Tuesday to take part in offseason training activities after missing most of last season while banished by the NFL for beating his son and a getting warning from his coach last week. “I’m returning because I want to,” the 30-year-old, eight-year National Football League veteran told journalists in Eden Prairie, Minnesota. “I’m a part of this football

How to Invest in Real Estate Without Buying Property

Filed under: Economy, Investing Anthony Rosenberg/GettyReal Estate Investment Trusts are a way to invest in real estate without having a mortgage or managing property. By Kira Brecht Concerns about the potential impact of higher interest rates have sent real estate investment trusts on a roller coaster ride this year, after chalking up double-digit gains in 2014. Despite their recent fickle behavior, however, this asset class belongs in the diversified portfolios

Exclusive: Hedge funds to Macy's: Sell your real estate

Several hedge funds have asked U.S. department store company Macy’s Inc to consider options for its real estate, including selling some major sites and then leasing them back, according to several sources close to the matter. The push is in line with real estate decisions by some other major retailers that have been beneficial to their stock prices. Hudson’s Bay Co , the parent of Lord and Taylor and Saks

Obama to deliver eulogy at funeral for Beau Biden on Saturday

WASHINGTON (Reuters) – President Barack Obama will deliver the eulogy at a funeral Mass for Beau Biden on Saturday in Wilmington, Delaware, the White House said on Tuesday. Biden, the son of Vice President Joe Biden and former Delaware attorney general, died on Saturday at age 46 after battling brain cancer. (Reporting by Roberta Rampton)