Asian markets rally ahead of expected US Fed rate hike
Asian markets rose on Wednesday as traders awaited a third interest rate hike by the U.S. Federal Reserve for this year.
Energy
Amnesty: Firm at Qatar 2022 World Cup not paying wages
Amnesty International is accusing a contractor involved in building a stadium for the 2022 FIFA World Cup of not paying its workers.
Environmental, tribal groups ask PUC to reconsider Line 3
Environmental and tribal groups asked Minnesota regulators on Tuesday to reconsider their approval of Enbridge Energy's plans to replace its aging Line 3 crude oil pipeline across northern Minnesota.
Business Highlights
___ Into the fold?
Push to end bullet train in 2020 could signal GOP strategy
Opponents of the California gas tax increase passed by state legislators last year to finance infrastructure improvements are proposing a new ballot measure for 2020 aimed at creating a new financing arrangement and eliminating the state's high speed rail project.
Asian markets rally ahead of US Fed rate hike
U.S. stock indexes are slightly higher Tuesday morning as energy companies continue to rise with oil prices.
How major US stock indexes fared Tuesday
U.S. stocks finished mostly lower Tuesday as rising interest rates hurt shares of companies that pay big dividends and higher oil prices affected transportation and shipping companies.
Judge restores energy lease on Montana land sacred to tribes
A judge reinstated an oil and gas lease on land in northwestern Montana considered sacred to some tribes in the U.S. and Canada — a ruling that could test the depths of the Trump administration's support for the energy industry.
Markets Right Now: Stocks close mostly lower on Wall Street
The latest on developments in financial markets (all times local): 9:35 a.m.
Trump slams OPEC countries for ‘ripping off’ world
Oil prices hovered near a four-year high on Tuesday after the oil cartel decided not to increase production over the weekend.
Hopis asking feds to explore other options for power plant
Hopi tribal officials are calling on the federal government to explore other options for the Navajo Generating Station near Page.
Global stocks turn higher, price of oil keeps rising
Asian stock markets were mixed Tuesday after a Chinese government report accusing the Trump administration of bullying other countries, dampening hopes for a settlement in their escalating tariff war.
EU, Iran set financial "vehicle" to ease trade between them
Five world powers and Iran agreed late Monday to establish a financial facility in the European Union to facilitate payments for Iranian imports and exports including oil, a key move sought by Tehran following the U.S. pullout from the 2015 nuclear deal and its re-imposition of sanctions.
Cost caps sought for Georgia nuclear project to move forward
The board of a Georgia utility has voted to continue the expansion of a nuclear power plant that's years behind schedule and billions of dollars over budget.
Business Highlights
___ Why the 'gig' economy may not be the workforce of the future WASHINGTON (AP) — The "gig" economy might not be the new frontier for America's workforce after all.
America’s shale boom may have a shelf life
OPEC isn’t the only group who feels shale has an expiration date.
Keystone XL developer plans to start construction in 2019
The developer of the Keystone XL oil pipeline says it plans to start construction next year, after the U.S. State Department concluded major environmental damage from a leak is unlikely and could quickly be mitigated.
Iran: US wish to halt Iran's crude exports won't come true
Iran's oil minister says the United States will not succeed in its plans to halt Iranian crude exports even as he acknowledged that South Korea has stopped buying oil from Tehran.
World stocks fall on reports China-US trade talks put off
Shares have fallen in Europe and Asia after China reportedly rebuffed a plan for talks with the U.S. on resolving their dispute over trade and technology.
US, China hike tariffs as trade row intensifies
China has raised tariffs on $60 billion of U.S. imports in an escalation of their fight over technology policy following a deadline for President Donald Trump's latest increase.