National (U.S.)

You Can Hide Oil Trains From the Public, But Not From Terrorists

As 100-car trains of explosive crude oil snake through U.S. cities and river gorges, the railroad industry continues to tell the public they are being kept secret from terrorists. But now a series of articles by Rob Davis for the The (Portland) Oregonian seems to have caught the railroads and the feds in their own contradictions.

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Barclays Downgrades Electric Utility Bonds on Viable Solar Competition

"Barclays this week downgrades the entire electric sector of the U.S. high-grade corporate bond market to underweight, saying it sees long-term challenges to electric utilities from solar energy, and that the electric sector of the bond market isn’t pricing in these challenges right now. It’s a noteworthy downgrade since electric utilities which make up nearly 7.5% of Barclays’ U.S. Corporate Index by market value."

Source: Barron's, 05/28/2014

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