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Tag Archives: competition

Federal suit to stop Halliburton, Baker Hughes deal

Federal suit to stop Halliburton, Baker Hughes deal

WASHINGTON (AP) — The Justice Department on Wednesday sued to stop Halliburton Co. from acquiring oilfield services rival Baker Hughes Inc., saying the deal would harm consumers and eliminate head-to-head competition. The proposed transaction, valued at nearly $35 billion, would combine two of the world’s three leading providers of those services to oil and gas companies and create a bigger ...

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Austin-based Whole Foods misses on earnings

On the heels of another tough earnings report, Austin-based Whole Foods Market said it will slow its aggressive store growth, among other efforts, to stem declining sales amid increasing competition. Those growth plans still include adding a location in Cedar Park in the next few years, though, the company said. Shares in Whole Foods fell 7 percent or more in ...

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States lower energy taxes to attract business as production thrives

cuttinup

Shane Thielges | Shale Plays Media A new report has found that state tax rates on fossil fuel extraction have stayed consistent or even fallen since the hydraulic fracturing boom began, despite rising profits for the energy sector. U.S. News and World Report says the report’s authors, Barry Rabe and Rachel Hampton of the University of Michigan’s Center for Local, ...

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National championship for extreme racing coming to Badlands

Mountain Biking

By: Katherine Lymn, Forum News Service A national extreme racing championship is going from tropical Belize to the North Dakota Badlands. The race, said Dunn County Jobs Development Authority economic development director Carie Boster, will show others “not only legendary North Dakota but legendary Dunn County.” The North American Adventure Racing Series coming to North Dakota is no small feat — ...

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