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Bloomberg Business: Reckoning Arrives for Cash-Strapped Oil Firms Amid Bank Squeeze
©2015 Bloomberg News NM3SFD6VDKHV (Bloomberg) — Lenders are preparing to cut the credit lines to a group of junk-rated shale oil companies by as much as 30 percent in the coming days, dealing another blow as they struggle with a slump in crude prices, according to people familiar with the
Solar, Wind Shares Jump as U.S. Nears Deal on Tax Credits
©2015 Bloomberg News NZF50L6S972C (Bloomberg) — Shares of U.S. clean-energy companies jumped Tuesday as Congress neared a deal that would revive or extend tax credits for the wind and solar industries. SunEdison Inc., the world’s biggest renewable-energy developer, rose 13 percent at the close in New York while rooftop solar
