Kerry promises Keystone XL decision in ‘near term’

WASHINGTON — Secretary of State John Kerry promises a “fair and transparent” review of a Canadian company’s plan to pipe oil from western Canada to refineries in Texas.

In his first comments about the controversial Keystone XL pipeline since becoming secretary of state last week, Kerry said Friday he is waiting for a review begun by his predecessor, Hillary Rodham Clinton, and hopes to make a decision in the “near term.” The State Department has jurisdiction over the $7 billion pipeline because it crosses an international border.

Kerry praised Canada as a close ally and the largest energy supplier to the U.S. He didn’t comment on the pipeline plan’s merits. He discussed the issue Friday in a meeting with Canadian Foreign Minister John Baird.

More in Herald Business Journal

With surging Amazon stock, Bezos now worth more than $100B

It’s the first time anyone has crossed the $100 billion threshold since 1999.

Small retailers aim for emotional ties big chains may lack

“Put yourself into the community more and the money will come back to you.”

Even in the Amazon era, Black Friday shows stores are alive

Industry analysts are watching how the nation’s malls fare this holiday shopping season.

Japan’s Mitsubishi Materials reports faked quality data

The company makes components used to make autos, aircraft and electricity generation equipment.

Restaurant owners finding strong appetites in Detroit

The former manufacturing and car-making city is remaking itself into a technology hub.

A look at what some stores have planned for Black Friday

With unemployment low, stores are hoping customers are in a mood to shop.

Boeing bolsters team for potential 797 with leading engineer

Terry Beezhold has been chief project engineer for the 777X program.

Uber paid off their hackers — they’re far from the only ones

“More and more companies have their own Bitcoin wallets for such cases.”

Airline defendants to pay $95 million in 9/11 settlement

The litigation claimed that security lapses led the planes to be hijacked in the Sept. 11 attacks.

Most Read