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May, 28, 2016

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Business > Americas
New Hampshire is a big step closer to getting a US$236 million judgment after the U.S. Supreme Court said this week it wouldn't hear Exxon Mobil's appeal regarding its use of a gasoline additive that contaminated groundwater in the state.
 
Two-thirds of Americans would have difficulty coming up with the money to cover a US$1,000 emergency, according to an exclusive poll released Thursday, a signal that despite years after the Great Recession, Americans' finances remain precarious as ever.
 
Canada energy regulators on Thursday recommended approval of a pipeline-expansion project that would dramatically increase the number of oil tankers moving through the waters between the U.S. and Canada.
 
Catching many investors off guard, the Federal Reserve made clear Wednesday that an interest rate hike in June is likely if the economy keeps improving.
 
Americans who put their cars up as collateral for what are supposed to be short-term emergency loans are being hit with interest rates of 300 percent, a high rate of repossession and long repayment periods.
 
Brazil's interim government on Tuesday named economist Ilan Goldfajn as the new head of the central bank, a key post in the fight to coax the giant economy out of recession.
 
Olympics to give Brazil only slight economic boost: report
The Rio Olympics in August will give Brazil's battered economy only a limited shot in the arm, Moody's ratings agency said Monday, as bad news mounted for the city's Olympic transportation network
 
Companies propose deep-water wind farms off Hawaii shores
HONOLULU -- Massive wind turbines could end up floating in deep ocean waters off Hawaii's shores under proposals to bring more renewable energy to the islands.
 
U.S. consumer prices jumped in April by the largest amount in more than three years, reflecting a surge in the price of gasoline and other energy products. But outside of volatile food and energy, core inflation posted another modest gain.
 
Chinese nationals became the largest foreign buyers of U.S. homes last year as they pour billions of U.S. dollars into American real estate, seeking safe offshore assets, according to a new study Sunday.
 
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