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Keyword: alcoa

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  • Hunter Biden Alcoa email promising Russian oligarch info raises fresh concern about Joe’s access

    02/02/2023 6:12:19 AM PST · by shadowlands1960 · 20 replies
    New York Post ^ | January 30th, 2023 | Caitlin Doornbos
    WASHINGTON – A Hunter Biden email sent to an American aluminum company and promising information on Russian oligarchs is raising fresh concerns about the first son’s access to classified documents recently discovered in his father’s Wilmington, Del., home as lawmakers prepare to investigate allegations of influence peddling. Documents dating back to 2011 on his notorious “laptop from hell” showed Hunter offered to sell intelligence on Russian oligarchs to the US aluminum firm Alcoa Inc. for $55,000, according to The Post’s exclusive October 2021 report. As his father served as former President Barack Obama’s second-in-command, Hunter Biden offered to provide a...
  • Before Dems made Oleg Deripaska a boogeyman, Hunter Biden plotted to make money off Russian

    01/23/2022 7:59:22 AM PST · by McGruff · 2 replies
    Just the News ^ | January 21, 2022 | John Solomon
    In March 2011, then-Vice President Joe Biden gave a much-ballyhooed speech at Moscow State University arguing the Obama-Biden reboot of U.S.-Russia relations had achieved great success, even singling out as an example the U.S. aluminum giant Alcoa for its new business ties inside Vladimir Putin's country. "The reset is working," Biden crowed. "Working for all of us. Working for Russia. And I would presumptuously suggest working for the world." That reset didn't last long. Putin's forces would invade the Crimea region of Ukraine in 2014 in an act of aggression that haunts Biden to this day. This week, now-President Biden...
  • America's conservatives are as bad as Islamic terrorists, says fired FBI exec Says federal government needs vast more powers to spy on them

    01/11/2022 6:56:05 AM PST · by rktman · 64 replies
    wnd.com ^ | 1/10/2022 1254 hrs et | Bob Unruh
    Fired FBI executive Andrew McCabe says America's conservatives are as bad as Islamic terrorists and the federal government needs vastly increased powers to spy on them. The stunning words from McCabe came during his recent speech at the University of Chicago, and were captured by a report in The Federalist about his comments on conservatives. "I can tell you from my perspective of spending a lot of time focused on the radicalization of international terrorists and Islamic extremist and extremists of all stripes … is that this group shares many of the same characteristics of those groups that we've seen...
  • Hunter Biden pitched himself as expert in Russian oligarch targeted by FBI: Devine

    10/20/2021 8:52:16 PM PDT · by bitt · 19 replies
    nyPOST ^ | 10/20/2021 | MIRANDA DEVINE
    Hunter Biden boasted he could provide intelligence on the shady Russian oligarch whose Greenwich Village townhouse was raided by the FBI on Tuesday. The president’s son said he could provide Alcoa, a giant US aluminium firm, with knowledge about the “elite networks” connected to Oleg Deripaska in a proposal from his company Rosemont Seneca, emails on Hunter’s laptop show. Federal agents carried out “law enforcement activity” on Tuesday at the Gay Street townhouse and a Washington mansion tied to Deripaska, a close ally of Russian President Vladimir Putin. Deripaska was investigated for money laundering and extortion and sanctioned by the...
  • Alcoa to Restart Three of Five Smelter Potlines at Warrick Operations Site

    07/11/2017 1:39:58 PM PDT · by american_ranger · 12 replies
    Alcoa Press Release ^ | 11 July 2017 | Alcoa Corporation
    Dear Friends – I am very pleased to share some good news for Warrick Operations. This afternoon, Alcoa Corporation announced plans to restart three of our five smelter potlines to further improve the competitiveness of the rolling mill and fully engage the assets of our integrated site. The process to restart the three lines will begin immediately and is expected to be complete in the second quarter of 2018. The smelter is expected to employ about 370 employees – 95 who will be transferred from the rolling mill, up to 200 who will be recalled from layoff status and the...
  • Maaden signs major agreements with US firms Alcoa, Mosaic

    05/21/2017 10:30:17 AM PDT · by bobsunshine · 6 replies
    Arab News ^ | May 21, 2017 | Staff
    RIYADH: Saudi Arabian Mining Company Maaden has signed “landmark” memorandums of understanding (MoU) with the US-based companies Alcoa and Mosaic, according to a statement. The agreements, signed at the inaugural Saudi-US CEO Forum in Riyadh, will help tap the Saudi mining sector’s significant potential, it was announced. Maaden and Alcoa announced that they would assess the feasibility of an expansion of a smelting capacity in Saudi Arabia. They previously developed an aluminum production complex in Ras Al-Khair Industrial City. Since it was formed by the partners in 2009, the Maaden-Alcoa joint venture complex has made a contribution of approximately $4...
  • Alcoa Corp. moving headquarters back to Pittsburgh

    04/19/2017 7:48:34 PM PDT · by Rabin · 20 replies
    Pittsburgh Post-Gazette ^ | Apr 19, 2017 | Len Boselovic
    Alcoa is returning its headquarters from New York back to its location on the North Shore. Alcoa, relocated its headquarters from its hometown to New York in 2006, is coming home. The 129 …
  • The Avoidable Destruction of an Iconic American Industry

    11/07/2015 9:14:44 AM PST · by rktman · 33 replies
    americanthinker.com ^ | 11/7/2015 | Michael J. Mueller
    As a result of China’s flooding the world market with cheap, state-subsidized aluminum and our president’s irrational aversion to fossil fuels, a 127-year-old American industry is in danger of disappearing. This week, the two largest primary aluminum producers in the United States announced curtailment of aluminum production at key smelters across the country. Alcoa announced that it was halting smelting operations at its Intalco Works (583 employees) and Wenatchee plants (428 employees) in Washington state, its Massena West plant in New York (500 employees) and that it was curtailing alumina refining capacity at its Point Comfort facility in Texas. Century...
  • Clinton’s shady pals: Not quite ‘everyday’ Americans championed by Hillary

    06/13/2015 8:59:45 AM PDT · by Liz · 32 replies
    NY POST.COM ^ | 6/13/15 | Deroy Murdock, Manhattan-based Fox News contributor.
    Some Clinton Foundation donors and board members' shady dealings and criminal convictions should make Democrats reconsider nominating Hillary.....“Clinton Cash” details the power couple’s sordid circle. •The SEC charged a Foundation trustee with misallocating $9.5M from his database company. Shareholders sued for using the company jet to fly the Clintons around and paying Bill a $3M consulting fee. • A Foundation trustee was accused of paying Bahraini executives (roughly $52 million) to win sales contracts for US-based Alcoa which later settled with the DOJ for $384M. • A Foundation trustee donated to Hillary's campaigns...gave the Clintons millions in honoraria and millions...
  • Energy Department Gives $259 Million ‘Green’ Conditional Loan to Politically Connected Corporation

    04/01/2015 7:29:26 AM PDT · by afraidfortherepublic · 8 replies
    National Review -- The Corner ^ | 3-31-15 | Jillian Kay Melchior
    The Department of Energy’s disastrous loan program lost taxpayers at least $780 million as companies like Solyndra, Fisker Automotive, and Abound Solar crashed and burned. But as I write today, after a four-year hiatus, the Energy Department has announced a new fuel-efficient-vehicle loan — a $259 million conditional award to Alcoa. It’s a pretty sweet deal: The Energy Department touts on its website how this loan program “offers attractive financing for U.S. auto industry,” including no application fees, a closing fee of just 0.1 percent, and interest rates estimated at no more than 4 percent. Of course, one might wonder...
  • Dow Jones Adds Goldman Sachs, Visa and Nike: Drops Bank of America, HP and Alcoa

    09/10/2013 7:25:32 AM PDT · by SeekAndFind · 14 replies
    Top News USA ^ | 09/10/2013 | Ryan Bilanich
    Dow Jones Industrial Average has planned adding Goldman Sachs, Visa and Nike. The index will also remove Hewlett-Packard, Bank of America and Alcoa. Investment bank Goldman Sachs would benefit from the addition to the stock index. The changes will be implemented from September 23. Dow Jones includes 30 stocks and gives an indication of the better performing companies in the stock market. The three companies to be removed from the index were trading low on the stock markets. The stocks have underperformed the market. Goldman Sachs stock was up by 2.3 percent in premarket trading. Visa and Nike both were...
  • Major F-35B Component Cracks In Fatigue Test

    11/17/2010 5:00:55 PM PST · by ErnstStavroBlofeld · 17 replies
    Aviation Week and Space Technology ^ | 11/17/2010 | Bill Sweetman
    The aft bulkhead of the F-35B BH-1 fatigue-test specimen has developed cracks after 1,500 hours of durability testing, Ares has learned. This is less than one-tenth of the planned fatigue test program, which is designed to prove an 8,000-hour airframe life with a safety factor of two. The bulkhead design was modified in the course of the jet's weight-saving redesign in 2004-05, switching from forged titanium - proven on the F-22 - to a new aluminum forging process developed by Alcoa. According to Lockheed Martin,"the cracks were discovered during a special inspection when a test engineer discovered an anomaly." The...
  • At Raleigh Event, Brockovich Vague On Alcoa Dam Controversy

    06/30/2010 9:56:03 AM PDT · by Tolerance Sucks Rocks · 7 replies
    Carolina Journal ^ | June 29, 2010 | Rick Henderson
    RALEIGH — At a press conference Tuesday, environmental activist and celebrity Erin Brockovich offered a rambling defense of the state’s efforts to take control of four central North Carolina hydroelectric dams between Salisbury and Badin owned and operated by Alcoa Power Generating Inc. “My job here today is not to sit here and bash Alcoa,” Brockovich said at a briefing that took place before an invitation-only event for state lawmakers at the exclusive Capitol City Club. “Agencies, industries, and attorneys need to get together collectively and do what’s right by people,” she added. “It’s time to … give back, and...
  • Alcoa Sees $80M Charge for ObamaCare

    04/05/2010 4:44:50 PM PDT · by Need4Truth · 47 replies · 2,169+ views
    The Street.com | 04/05/10 | TSC Staff
    NEW YORK (TheStreet) -- Alcoa (AA) said it expects to take an $80 million charge to cover costs associated with new health care legislation, according to a filing with the Securities and Exchange Commission.
  • Back to work - Alcoa kicks off earnings with a dose of reality

    01/12/2010 1:16:14 AM PST · by Erik Latranyi · 6 replies · 817+ views
    Market Watch ^ | 11January 2010 | Jim Jelter
    SAN FRANCISCO (MarketWatch) -- Alcoa Inc., as is the custom, ushered in the fourth-quarter earnings season after Monday's closing bell. For those who like to think a big aluminum company can double as a barometer for how the rest of the earnings season is likely to go, it was an ugly start. Yes, Alcoa /quotes/comstock/13*!aa/quotes/nls/aa (AA 17.45, +0.43, +2.53%) managed to trim its losses in the fourth quarter to a mere $277 million. And sales were up, a good sign. But after stripping out all the one-time items, the company's bottom line showed a profit of only one cent a...
  • Feds Open Criminal Probe Into Alcoa

    03/21/2008 3:38:19 AM PDT · by Flavius · 3 replies · 225+ views
    ap ^ | 3/21/08 | Ramesh Santanam
    Feds Launch Criminal Probe Into Aluminum Maker Alcoa Over Alleged Bribery in Bahrain PITTSBURGH (AP) -- The U.S. Justice Department has begun a criminal investigation into whether aluminum maker Alcoa Inc. participated in bribery in the Persian Gulf state of Bahrain. In documents filed Thursday in U.S. District Court, federal prosecutors asked a judge to halt a federal civil lawsuit that accused Pittsburgh-based Alcoa of bribing officials through overseas shell companies to secure hundreds of millions of dollars in overpayments. "The United States has a direct and substantial interest in this case, as the subject matter giving rise to this...
  • Alcoa's Stint in the Minor Leagues

    01/29/2008 8:21:57 AM PST · by reaganaut1 · 13 replies · 143+ views
    Wall Street Journal ^ | January 29, 2008 | Dennis K. Berman
    If you're nervous about America's place in the world, you should be nervous about companies like Alcoa Inc. A new group of global titans created by rising commodity prices, geographic quirk, and meddlesome home governments has made this American stalwart into a pipsqueak. ... Alcoa's strategic dilemma begins in the desert lands of Saudi Arabia, Oman and Dubai. A slate of new aluminum-smelting projects are under way there, developed by, among others, government-backed Chinese producers and Alcan, which was just purchased by London's Rio Tinto Group. Making aluminum requires vast quantities of electricity, which can account for a third of...
  • Alcoa Profit Surges 62 Percent

    07/10/2006 1:20:00 PM PDT · by Brilliant · 14 replies · 488+ views
    AP via Yahoo! ^ | 07/10/06 | AP
    NEW YORK (AP) -- Aluminum producer Alcoa Inc. on Monday said second-quarter profit ballooned 62 percent as higher aluminum prices and strong demand from the aerospace and construction industries boosted results. Net income surged to $744 million, or 85 cents per share, from $460 million, or 52 cents per share, a year ago. The recent results include charges of $35 million, or 4 cents per share, related to the ratification of a U.S. labor contract and the costs of preparing for a potential work stoppage during the quarter. Revenue rose 19 percent to $7.96 billion from $6.69 billion due to...
  • O'Neill Received Secret Papers Through Error, Not Wrongdoing

    03/23/2004 6:28:25 AM PST · by OESY · 17 replies · 551+ views
    Wall Street Journal ^ | March 23, 2004 | GLENN SIMPSON
    <p>WASHINGTON -- Sensitive national-security information was mistakenly released by the Treasury Department to former Treasury Secretary Paul O'Neill, but no criminal statutes were violated, records show.</p> <p>Mr. O'Neill drew on some of the material -- part of a cache of 19,000 documents -- for a memoir released in January that was critical of President Bush. When a document stamped "Secret" was displayed on a CBS "60 Minutes" episode concerning the book, the Treasury Department sought an investigation.</p>
  • Alcoa Gets Russia OK for Plant Purchases

    12/31/2004 7:43:52 PM PST · by Destro · 8 replies · 302+ views
    forbes.com ^ | 12.31.2004, 10:21 AM | Associated Press
    Associated Press Alcoa Gets Russia OK for Plant Purchases 12.31.2004, 10:21 AM Alcoa Inc., one of the world's largest aluminum producers, said Friday that it received final approval from the Russian government to buy controlling interests in two factories from the country's main aluminum maker, Rusal. Alcoa did not disclose financial terms of the deal, which includes the Samara Metallurgical Plant in the Volga River region and the Belaya Kalitva Metallurgical Plant in the Rostov-on-Don region. The Pittsburgh-based company said it expects the purchase to close at the end of January. Alcoa said the government approved the deal after the...