Chinese company Sinopec will invest $2.2 billion into a joint venture with Devon Energy of Oklahoma City. The deal would give Sinopec a partial interest in five oil and gas fields. And, French company Total will invest $2.3 billion with Chespeake Energy. The deals show how hydraulic fracturing technology is sparking interest in U.S. oil and gas production.
At this time of year, mid-season network television shows are coming to a small screen near you. Returning hits like American Idol premiere along with a batch of new shows launched to replace canceled titles from the fall. Jim Hibberd, who covers television for Entertainment Weekly, talks to Linda Wertheimer about some of the new replacement shows.
In 2011, the Italian automaker introduced its first car for the U.S. market in 27 years, the Fiat 500. It opened new dealerships to sell only that model, but dealers had to manage without national advertising for months. And when an ad featuring Jennifer Lopez did finally come out, it was panned.
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