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Tag: Early

1st GOP senator opposes tax bill in early sign of problems

1st GOP senator opposes tax bill in early sign of problems

Health
Wisconsin's Ron Johnson on Wednesday became the first Republican senator to say he opposes his party's tax bill, signaling potential problems for GOP leaders. Passage of a similar package seemed certain Thursday in the House, where a handful of dissidents conceded they expected to be steamrolled by a GOP frantic to claim its first major legislative victory of the year. Eager to act before opposition groups could sow doubts among the rank-and-file, Republican leaders were anxious to hand Donald Trump the first crowning bill of his presidency by Christmas. Trump planned to visit House GOP lawmakers Thursday at the Capitol in what seemed likely to be a pep rally, not a rescue mission. "Big vote tomorrow in the House. Tax cuts are getting close!" Trump enthused in a tweet Wednesday. "Why are ...
Equifax board hired law firm WilmerHale to review breach and early August stock trades

Equifax board hired law firm WilmerHale to review breach and early August stock trades

Finance
Equifax's board has hired the law firm WilmerHale to do an independent review of the data breach and the company's response to it and to review early August stock trades by some of its top executives, the company said Friday.An Equifax spokeswoman said the board's special committee investigating the matter is "conducting a thorough and independent review" of the breach and retained WIlmerHale. The law firm is also reviewing "the circumstances surrounding the trading by certain of the Company's executives," she said in an email.Three executives sold $ 1.8 million in shares just days after Equifax discovered the breach but more than one month before it disclosed it to the public. A spokeswoman has said previously that the executives, who include the company's chief financial officer, were no...
Texas oil production slightly lower, early data show

Texas oil production slightly lower, early data show

Business
Sept. 26 (UPI) -- Crude oil production reported to the state energy regulator in Texas for July was slightly lower than last year, preliminary data show.Texas is the No. 1 oil producer in the nation and at least parts of four of the seven active shale basins in the country lie within its borders. The Railroad Commission of Texas, the state's energy regulator, reported total crude oil production from August 2016 to July 2017 at nearly 1 billion barrels.For July, the commission said crude oil production averaged 2.43 million bpd, about 6,000 bpd shy of the level from July last year. Commission data don't show production per basin or explain variances.A drilling productivity report from the U.S. Energy Information Administration show production from the Permian basin, the most prolific in ter...
Obama-era solar power program reaches goal early

Obama-era solar power program reaches goal early

Business
Sept. 13 (UPI) -- A U.S. solar power initiative enacted by former President Barack Obama reached a goal for cost competitiveness three years early, the government said.The U.S. Energy Department's National Renewable Energy Laboratory said in a report that the cost to install solar power during the first quarter of the year reached a record low because of higher efficiencies, lower labor costs and the decline in the price for photovoltaic components.For utility-scale projects, those supplying energy to the nation's grid, the costs are down about 30 percent when compared with first quarter 2016."These results suggest that the DOE's SunShot Initiative, which was launched in 2011 to make solar cost-competitive with other forms of energy, has met its 2020 cost target for utility-scale solar sys...
USS John C. Stennis departs for sea trials early after overhaul

USS John C. Stennis departs for sea trials early after overhaul

Business
Aug. 14 (UPI) -- The USS John C. Stennis aircraft carrier is underway for sea trials sooner than expected following a 6-month overhaul and upgrade at Puget Sound Naval Shipyard in Bremerton, Wash.The ship has departed three days ahead of schedule despite the Stennis having a much larger overhaul then is normal for a carrier refit."Overall, the work package was 140 percent above the normal amount for a CVN-class carrier availability," Cmdr. Ken Holland, John C. Stennis' chief engineer and availability coordinator, said in a press release."But with shipyard and ship's force coming together, we were able to overcome obstacles as a team and work together every day to complete the task we needed to, becoming more efficient and ultimately resulting in us arriving at this point ahead of schedule....