Business Highlights
___ Why the US economy may have already peaked for the year WASHINGTON (AP) — The U.S. economy grew at a solid 3.1% annual rate in the January-March quarter — a pace that will likely prove to be the high-water mark for the year before growth weakens in the coming months.
Dig in! $400M Corpus Christi Ship Channel expansion begins
Let the digging begin.
Markets Right Now: Stocks end a wobbly day slightly higher
The latest on developments in financial markets (all times local): 9:35 a.m.
Activist investor Carl Icahn sues Occidental Petroleum over $38 billion Anadarko merger
Icahn owns $1.6 billion in Occidental stock.
Liquefied natural gas deemed 'freedom gas' by Energy Department
In a recent press release, the Energy Department referred to liquefied natural gas or LNG as “freedom gas” and “molecules of U.S. freedom.”
Asian stocks mostly fall on Wall Street slide, trade fears
U.S. stocks sped toward their first monthly loss of 2019 Wednesday as investors shift money into the safety of bonds while fleeing high-risk holdings in the health care and technology sectors.
Climate change debate in the focus at Exxon's annual meeting
Activist shareholders are using Exxon Mobil's annual meeting to accuse the company of failing to confront a future that may include stricter regulations to limit climate change caused by burning fossil fuels.
Asian stocks retreat as China-US jitters set in
U.S. stocks edged higher on Wall Street Tuesday, picking up where they left off before the long holiday weekend.
Mexico freezes oil exec, steel accounts in corruption probe
Mexican authorities have frozen the bank accounts of Emilio Lozoya, the former head of Mexico's state-owned oil company.
Interior secretary, tribes meet amid drilling fight
U.S. Interior Secretary David Bernhardt has met with tribal leaders who are supporting legislation to prevent drilling on land they consider sacred around Chaco Culture National Historical Park.
Big coal CEO warns Ocasio-Cortez’s Green New Deal would devastate steel industry
The coal industry is the essential key components to the steel industry, said American Resources Corporation CEO.
International Energy Agency: nuclear needed for climate goal
The International Energy Agency says the premature closure of nuclear power plants and failure to build new ones could make it harder to meet global targets for cutting greenhouse gas emissions.
World stocks subdued, focus on trade war after US holiday
Asian stocks mostly rose in muted trading Tuesday in the absence of major market-driving news on trade negotiations during President Donald Trump's visit to Japan.
Asian shares up in muted trading after Trump visit to Japan
Shares advanced Monday in Europe after centrists lost ground to pro-business and environmentalist groups in elections for the 28-nation bloc's parliamentary assembly.
As North Dakota oil soars, so does waste of natural gas
Natural gas is being burned off and wasted at record levels in North Dakota because development of the pipelines and processing facilities needed to handle it has not kept pace.
A hefty donation to Trump's inaugural comes under scrutiny
Real estate mogul Franklin Haney contributed $1 million to President Donald Trump's inaugural committee and all he's got to show for the money is the glare of a federal investigation.
US lawmaker: east Med cooperation to counter Russia
A senior U.S. lawmaker says the U.S. wants to work with Cyprus and ally Israel to buttress peace in the eastern Mediterranean and to head off Russian influence over the region's energy reserves.
Asian shares mixed as markets await news on China-US trade
Shares were mixed early Monday in Asia in the absence of fresh news on the tariffs standoff between the U.S. and China.
US stocks rebound, but S&P 500 ends with 3rd weekly loss
U.S. stocks rebounded in morning trading on Wall Street Friday, but were still on track for a third straight week of losses.















