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Tax breaks cost New York $1.2 billion in financial year 2017, half went to film industry

NEW YORK (Reuters) - New York state lost $1.2 billion of revenues from corporate tax breaks in fiscal 2017, with at least half of the total going to the film industry, a Washington watchdog group said on Wednesday.
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Big Oil sued by two big Bay Area cities over climate change, flood risks

SAN FRANCISCO — The five biggest oil companies in the world were sued over climate change by San Francisco and Oakland Wednesday in an unusual attempt to make Big Oil pay for raising sea walls and other actions to protect shorelines from rising sea levels....
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Dubai awards $3.9 billion solar energy contract to Shanghai Electric, ACWA Power

DUBAI (Reuters) - Dubai’s state energy utility awarded a $3.9 billion contract to build and run a 700 megawatt solar power plant to a consortium comprising Shanghai Electric and Saudi Arabia’s ACWA Power, the government said on Saturday. ...
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Bitcoin Crashes After Chinese Exchange Says It Will Halt Trading

Bitcoin fell for a fifth day, the longest losing streak in more than a year, after one of China’s largest online exchanges said it would stop handling trades by the end of the month amid a government crackdown on cryptocurrencies....
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The Pentagon's $2.2 Billion Soviet Arms Pipeline Flooding Syria

The Pentagon is on a spending spree as it scrabbles to amass vast quantities of Soviet-style weapons and ammunition. But it’s running into problems sourcing them, and is using misleading legal documents to disguise their final destination: Syria....
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15% of big US chain restaurant locations were in hurricane-exposed areas

America’s publicly-traded restaurant chains had 13,000 locations, or 15% of total units, in hurricane-exposed areas, according to Credit Suisse’s Jason West. And this could spell more bad news for the already-ailing quick serve and casual dining group....
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Expert: Fraudsters may already be trying to use breached Equifax data

Forter, an e-commerce fraud prevention company, said they saw a “significant” spike in what appears to be fraudulent account takeovers this summer, something they believe could be a result of the recently-disclosed Equifax (EFX) data breach....
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Iran’s Oil Exports to Europe, China Grow in August: Report

TEHRAN (Tasnim) – Iran’s oil and condensate exports to Europe rose in August, with demand from Italy, France, the Netherlands and Greece all up, a report said. ...
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US stocks waver again as energy companies fall

NEW YORK (AP) — Technology and energy companies skidded Friday while banks and insurers recovered some of their recent losses, leaving major U.S. indexes little changed on the day and moderately lower for the week....
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Iran Signs Flaring Deal with France's Sofregaz

TEHRAN (Tasnim) – The National Iranian Oil Company (NIOC) signed a contract with France's Sofregaz for the recovery of flare gas at a refinery at the giant South Pars natural gas field, a report said. ...
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