

PlusOil Companies Protected if They Harm Polar BearsOil Companies Protected if They Harm Polar BearsThe Associated PressThe Fish and Wildlife Service issued regulations this week providing legal protection to seven oil companies. The companies are planning to search for oil and gas in the Chukchi Sea off the northwestern coast of Alaska. (June 14)[Notes:ANCHOR VOICE] [Notes:Dateline Washington][Notes:NATS UP "Today I am listing the polar bear as a threatened species under the endagered specis act"] That was just four weeks ago.But now the Bush administration is giving oil companies permission to annoy ... and potentially harm ... Polar bears.The Fish and Wildlife Service issued regulations this week providing legal protection to seven oil companies.Those companies plan to search for oil and gas off the northwestern coast of Alaska. That's where the government auctioned off oil leases to ConocoPhillips ... Shell Oil and five other companies for more than two-and-a-half billion dollars.The new wildlife service regulations mean it will be O-K legally if `small numbers' of polar bears or Pacific walruses are harmed over the next five years.But environmentalists say the new regulations give oil companies a blank cheque to harass the polar bear.Just over ten percent of polar bears in the Arctic live in and around the Alaskan coast. ___ ___, The Associated Press.(****END****)
| As Credit Tightens, Companies Curtail Spending, Expansion (Washington Post) With bank lending windows slammed shut for the past month, countless companies -- from pizza delivery firms and auto retailers to big real estate firms and utilities -- are hunkering down to survive the freeze in credit markets and slowdown in the economy. |
| After child deaths, China meets with dairy companies (USA Today) China summoned five of its major dairy companies to a meeting Friday over the fate of Sanlu Group Co., the company at the center of a tainted milk scandal that has sickened thousands and led to the deaths of four children, state media reported. |
| Final Glance: Specialty Retail companies (AP via Yahoo! Finance) Shares of some top specialty retail companies were mixed at the close of trading: AutoZone rose $1.04 or 1.0 percent, to $106.60. |
| Solar Companies and Utilities: Friends or Foes? (TheStreet.com) Earlier this month, utilities became eligible to participate in federal renewable-energy tax credits. How might this impact solar companies? Here's a look from the Solar Power International conference. |
| Final Glance: Investment Banks companies (AP via Yahoo! Finance) Shares of some top investment banks companies were mixed at the close of trading: Goldman Sachs rose $1.90 or 1.7 percent, to $114.30. |
