Today’s Business News
The New York Times Blogs (DealBook) (May 17, 2013)
LONDON - In a sign the United States shale gas boom is making global waves, two Japanese conglomerates and a big French energy player signed agreements on Friday to invest up to $7 billion in a liquefied natural gas project in Louisiana. The companies - Mitsui and Mitsubishi of Japan, and GDF Suez of France - plan to each take a 16.6 percent stake in the gas-export plant being developed at Hackberry, La. The complex is being built by Sempra Energy, a San Diego-based company with annual...
Chicago Tribune (May 16, 2013)
The Plainfield Planning Commission recently voted in favor of letting a second Starbucks set up shop at the southeast corner of Main Street and Illinois Route 59. It was the latest step in a more than yearlong effort to bring some sort of coffee establishment to the empty storefront at 23915 W. Main St. Dunkin' Donuts previously applied to place a drive through at that location in 2011 and was voted down, according to Village Planner Jonathan Proulx.
The New York Times Blogs (DealBook) (May 17, 2013)
BITTER STANDOFF AT HESS GIVES WAY TO SETTLEMENT | It wasn't until dawn on Thursday, just hours before the annual meeting, that the Hess Corporation finally settled a proxy fight waged by the activist hedge fund Elliott Management. The oil company agreed to give Elliott three board seats in exchange for the fund's support of the company's slate of five directors; all told, nine new directors are joining the board, DealBook's Michael J. de la Merced reports. "The pact ends one of the biggest...
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