Inorganic Chemistry News

Saturday, August 30, 2014

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Scientists Create a Biological Pacemaker

Scientists Create a Biological Pacemaker

AP (July 16, 2014) Scientists have come up with a biological pacemaker by injecting a gene into the hearts of sick pigs that change ordinary cardiac cells into a special kind that induces a steady heartbeat. They hope to test this on humans in a few years. (July 16) Video provided by AP
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Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

TheStreet (July 11, 2014) Gas Natural, the Ohio-based company mired in scandal, was recently talking to prospective buyers about a sale, but talks came to a screeching halt when former CEO Richard Osborne filed a lawsuit against the company. The scandal started back in November when Ohio regulators ordered an investigation into Gas Natural. In May, the company announced that Osborne would be retiring and his son would take the reins. Late last month, Osborne Senior struck back, filing a lawsuit against the company. The suit has forced Gas Natural to put the sale on the back burner, but sources say that as soon as the matter is settled, the company will once again be on the prowl for a buyer. Even with the controversy surrounding the company, there will be no shortage of buyers as there is an intense level of interest in the gas local distribution space. Similar companies that have recently traded hands have fetched rich ebitda multiples of 10.5 times. With about $20 million in ebitda last year, Gas Natural could easily fetch north of $200 million in a sale. Video provided by TheStreet
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Possible Natural Gas Squeeze in Europe Won't Hurt U.S. Prices

Possible Natural Gas Squeeze in Europe Won't Hurt U.S. Prices

TheStreet (May 14, 2014) While threats by Russia's Gazprom -- a majority state-controlled natural gas extractor -- to cut gas deliveries to Ukraine rise, American investors should know such action won't hurt prices in the United States. GFI Group senior energy derivative trader Elliot Warren tells TheStreet's Joe Deaux that traders aren't worried about U.S. prices because we can't export natural gas abroad and we can't make up for a European supply problem. Warren, speaking about the recent trade in natural gas, says prices have dipped back down to $4 after spiking during the winter. Warren says natural gas inventories will build during the summer, which will suppress price increases. Video provided by TheStreet
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Crews Rush to Remove Remnants of Burned Bridge

Crews Rush to Remove Remnants of Burned Bridge

AP (May 6, 2014) A massive bridge being constructed over Interstate 15 in the Mojave Desert was a smoldering shambles of twisted metal and wood Tuesday after a metal-cutting accident set it ablaze, blocking a major route between Southern California and Nevada. (May 6) Video provided by AP
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last updated on 2014-08-30 at 12:29 am EDT

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