Halliburton, Baker Hughes to scrap controversial merger

Halliburton Co. HAL, +0.66%   and Baker Hughes Inc. BHI, +1.04%   called off their merger, once valued at nearly $35 billion, which encountered opposition on several continents from regulators who claimed that it would hurt competition in the oil-field services business.

The deal to combine the world’s second- and third-largest oil-field services firms after Schlumberger Ltd. SLB, +0.70%   appeared troubled since April 6, when the Justice Department filed a lawsuit to block it. The merger also had encountered opposition from regulators in Europe.

Turkey's ruling party denies plans to scrap secularism

rkey's Islamic-rooted ruling party has denied it has plans to change the nation's secular constitution into a religious one.

The statement from senior party officials on Tuesday came a day after parliamentary speaker Ismail Kahraman said majority-Muslim Turkey should have a religious constitution. His comments have led to fears that Prime Minister Ahmet Davutoglu's party — which is drafting a new constitution— plans to scrap Turkey's secular system.

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River Metals Recycling yard achieves SHARP recognition

River Metals Recycling (RMR), headquartered in Crescent Springs, Kentucky, has announced that its Owensboro, Kentucky, scrap metal recycling facility has received the SHARP (Safety & Health Achievement Recognition Program) designation from the U.S. Department of Labor.

RMR says that the Owensboro facility is the company’s second in Kentucky to receive the award. The facility was recognized for its commitment to creating and maintaining a safe and healthy workplace. RMR’s Newport, Kentucky, facility received SHARP designation in late 2013.

Bob Eviston, RMR president, thanked the employees of the Owensboro facility for their contribution to the company’s success and for operating for six straight years without any work-related injuries or illnesses. “Congratulations to all RMR Owensboro teammates on receiving SHARP certification," he said. "It is yet another testament to safety being our No. 1 core value. Safety is nothing without a genuine, passionate and ongoing commitment by all of our people. I want to thank the entire RMR team for their continuing safety focus.”

RMR, the largest scrap recycler in Kentucky, has nine locations in Illinois, Indiana, Kentucky and Ohio. The company is owned by The David J. Joseph Co. (DJJ), one of the largest scrap brokers/processors in the United States.

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