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Lehigh Valley residents in the news

Petty Officer Second Class Jason Hausman a native of Allentown, recently received the Junior Sailor of the Year Award making him the number one Second Class Petty Officer in Navy Recruiting District Pittsburgh. A 2008 graduate from William Allen High School. he enlisted in the US Navy and became recruit division leader while in bootcamp.

Gulf Island Fabrication's (GIFI) CEO Kirk Meche on Q4 2014 Results - Earnings Call Transcript

Gulf Island Fabrication, Inc. (NASDAQ:GIFI)Q4 2014 Earnings Conference CallFebruary 27, 2015 10:00 AM ETExecutivesCindy Cook Accounting ManagerKirk Meche President, Chief Executive Officer and DirectorJeff Favret Chief Financial OfficerTodd Ladd Chief Operating OfficerAnalystsMartin Malloy Johnson RiceDoug Dyer Heartland…

Large Outflow of Money Witnessed in Willis Group Holdings PLC

Shares of Willis Group Holdings PLC (NYSE:WSH) advanced slightly to $47.72. The price had gained 0.21% or 0.1 points intraday. The latest trading session witnessed $2.85 million in upticks and $7.03 million in downticks, resulting in net money flow of (-4.18) million. The up/down ratio for the day stood at 0.41. On a weekly scale, the price has seen a change of -0.06%.

Safe Bulkers, Inc. Reports Fourth Quarter and Twelve Months 2014 Results and Declares Quarterly Divi

Safe Bulkers, Inc. Safe Bulkers, Inc. (the "Company") (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three- and twelve-month period ended December 31, 2014. The Board of Directors of the Company also declared a quarterly dividend of…

APC Urges Nimasa to Explain N50 Billion Cabotage Fund

By Samson EchenimAs the 72-hour ultimatum given to the All Progressives Congress (APC) by the Nigerian Maritime Administration and Safety Agency (NIMASA) to retract partisanship allegations against it elapses, the opposition political party has dared the apex maritime regulatory agency to tell Nigerians what it has done with the Cabotage Vessels Financing Fund (CVFF).The director…

Frontline reports loss of $162.9 million for 2014

The Board of Frontline Ltd. (the “Company” or “Frontline”) announces a net loss attributable to the Company of $13.0 million in the fourth quarter, equivalent to a net loss per share of $0.12, compared with a net loss of $59.6 million for the third quarter, equivalent to a loss per share of $0.60. Net income attributable…

United Airlines' MileagePlus program is adding cruises

Photo courtesy of Port of Houston AuthorityUnited Airlines MileagePlus members can now redeem miles for cruises.United Airlines said today it is expanding its MileagePlus frequent traveler loyalty program to include new cruise travel redemption options.MileagePlus members residing in the 50 United States will now be able…

Hijacked Tanker Found Aground in the

A chemical tanker captured by pirates nearly a month ago was found grounded in the Philippines today, the ReCAAP Information Sharing Centre announced in an incident update.The MT Rehobot, an Indonesian flagged tanker carrying 1,100 tons of diesel when it was hijacked by eight masked individuals  near Lembeh Island, Indonesia…
Local Civic and Pensacola Navy League members come

Navy League honors military volunteers

AutoplayShow ThumbnailsShow CaptionsLast SlideNext SlidePen Air Federal Credit Union COO Carroll Scarborough, right, presents Navy Petty Officer 1st Class, Alexanna Williams, left, with the Margaret Flower Civic Award during a ceremony at New World Landing Thursday afternoon. The Pensacola Navy League of the United States…

FedEx wont ship the box that makes homemade metal semi-automatic rifles

Defense Distributed, the group that pioneered 3D printed firearms in 2013, informed its customers on Tuesday that FedEx has refused to ship the companys latest product, a computer-numerically-controlled (CNC) milldubbed the "Ghost Gunner."I've got an account with another courier, but FedEx is bewildering because the reason…

American exceptionalism is a sick joke

“The sovereign is he who decides on the exception, said conservative thinker Carl Schmitt in 1922, meaning that a nations leader can defy the law to serve the greater good. Though Schmitts service as Nazi Germanys chief jurist and his unwavering support for Hitler from the night of the long knives to Kristallnacht and beyond damaged his reputation for decades…
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Liquid Natural Gas and Emissions Reduction Costs

By Leslie Abrahams and Costa Samaras While much of the eastern U.S. is trying to keep warm during the recent Alaska-like cold snap, its useful to remember the winter of 2006. The residential price of natural gas, which heats more than half of U.S. homes, was more than $16/thousand cubic feet (MCF). Today, residential delivered gas is closer to $9 and the U.S.

FRNT - Fourth Quarter and Full Year 2014 Results

Highlights Frontline 2012 reports net income attributable to Frontline 2012 of $23.4 million and earnings per share of $0.10 for the fourth quarter of 2014, excluding goodwill impairment loss of $149.5 million. Frontline 2012 reports net income attributable to Frontline 2012 of $234.0 million and earnings per share of $0.95 for the year ended December 31…

Judges reassignment to Guantánamo at issue in war court hearing

The alleged mastermind of al-Qaidas bombing of the USS Cole on Oct. 12, 2000 was expected back at Camp Justice Monday afternoon to challenge the latest tweak of the war court that George W. Bush built and Barack Obama reformed:A sudden order last month by a senior Pentagon official to war court judges to move down to this remote base and not leave until their trials…
ShinMaywa US-2. Image via Wikipedia

Japan's Emerging Defense Export Industry

Mitsubishi Heavy Industries Kobe Shipyard & Machinery Works of Kobe Harbor in Kobe, Hyogo prefecture, Japan in 2006. via WikipediaThe recent relaxation of Tokyos ban on arms exports has introduced Japan as a budding player in the international arms market. The government of Prime Minister Shinzo Abe has given the go-ahead…

AP News in Brief at 5:58 a.m. EST

'Birdman' tops Oscars defined by advocacy, originality, and first-timersLOS ANGELES (AP) Hollywood is smarter than you thought. Whether by design or chance, the 87th Academy Awards elegantly and subtly shifted the tone of the season from a reductive fixation on snubs and fact-checking to a positive celebration of original filmmaking and purposeful advocacy for causes as diverse as immigration…

U.S. Sen. Ron Wyden reaches out to the people

»  Local NewsBy Edward StrattonThe Daily AstorianPublished:February 23, 2015 8:39AMLast changed:February 23, 2015 9:52AMJOSHUA BESSEX — The Daily AstorianU.S Sen. Ron Wyden, D-Ore., speaks to students and community members during a town hall at Astoria High School Friday. Wyden answered audience questions during the event. Buy this photo JOSHUA BESSEX — The Daily AstorianSen.

Oyster, Clam Farms Face Blow from Acidification

U.S. shellfish producers in the Northeast and the Gulf of Mexico will be most vulnerable to an acidification of the oceans linked to climate change that makes it harder for clams and oysters to build shells, a study said on Monday.The report said the two regions would be more at risk in coming decades than the Pacific Northwest…

Around the World: February 23, 2015

Here's what's happening across the United States and around the world today.'Birdman' tops Oscars defined by advocacy, originality, and first-timersLOS ANGELES (AP) — Hollywood is smarter than you thought. Whether by design or chance, the 87th Academy Awards elegantly and subtly shifted the tone of the season from a reductive…

Reefer Madness: Why Is China on a Building Spree in the South China Sea?

China’s frantic construction activity on a series of disputed reefs in the South China Sea has set off alarm bells across the Pacific and in Washington, raising fears that Beijing is putting steel in the ground to back up its contentious claims to a big swath of one of the world’s key waterways.Since last summer, China…