Business Highlights
___ CEOs of big banks face off with House Democrats NEW YORK (AP) — The heads of seven of the largest banks in the U.S. fielded sometimes contentious questions from a House committee Wednesday, some dealing with current risks to the financial systems and other focused on more politically-charged topics.
Environmentalists question Pennsylvania's new methane rule
The administration of Democratic Gov. Tom Wolf is pushing a regulation to control methane emissions from existing natural gas facilities that doesn't directly target the potent greenhouse gas, raising alarm among environmental groups.
Asian shares fall amid global tensions, worries about growth
U.S. stocks moved broadly lower in early trading Tuesday on Wall Street, putting the S&P 500 index at risk of ending an eight-day winning streak.
US lawmakers seek to protect national park in New Mexico
Members of New Mexico's congressional delegation are renewing a call for the creation of a formal buffer around a national park held sacred by Native Americans.
Markets Right Now: S&P 500 falls, ending an 8-day win streak
The latest on developments in financial markets (all times local): 9:35 a.m.
Ford CEO Jim Hackett wants balance, stability on tariffs
Ford CEO Jim Hackett is hoping for balance and stability in what is now an unstable tariff environment.
$30M in state funding available for electric grid projects
The Cuomo administration says $30 million in state funding is available for projects designed to improve New York's electric grid.
Putin outlines ambitious Arctic expansion program
President Vladimir Putin on Tuesday put forward an ambitious program to secure Russia's foothold in the Arctic, including efforts to build new ports and other infrastructure facilities and expand an icebreaker fleet.
Energy agency predicts lower gasoline prices this summer
It looks like motorists will pay less to fill the tank this summer.
Aramco sets record with $100B demand for landmark bond
State-owned Aramco is expected to raise more than $10 billion from the deal.
EU wants members to drop veto over possible carbon tax
The European Union's executive branch is proposing that individual member countries drop their right to veto decisions on energy taxes, a move that could facilitate the introduction of a carbon tax across the whole bloc.
Stock markets cautious with focus on Brexit, earnings
Asian markets followed Wall Street higher Tuesday as investors watched for Brexit developments and corporate earnings.
Swiss say they returned $365M to Brazil in Petrobras probe
Swiss prosecutors say they have returned some 365 million francs ($365 million) to Brazil so far in funds seized during investigations related to Brazilian construction company Odebrecht and state-run oil giant Petrobras.
S&P 500 ekes out gain, enough to extend winning streak
U.S. stock indexes pulled back on Monday, putting at least a temporary halt to their weekslong advance.
Oil hits 5-month high as Libyan output threatened
Brent's session high of $71.16 a barrel and WTI's of $64.39 were the highest since November.
Young German activists demand earlier coal-burning deadline
A group that has helped organize weekly student protests in Germany against climate change is calling for the country's phase-out of coal-fired power plants to be sped up.
Global stocks mixed after China-US trade talks show progress
Shares slipped in early trading in Europe on Monday following a mixed day in Asia after trade talks between China and the U.S. wrapped up with officials on both sides claiming progress.
3D technology being used to locate new Alaska oil pockets
New technology is being used to search for untapped oil in an Alaska bay that is already an established source of fossil fuel.
Asian shares mixed after China-US trade talks show progress
Shares were mixed in Asia on Monday after trade talks between China and the U.S. wrapped up with officials on both sides claiming progress and the U.S. government reported a strong rebound in hiring in March.
CEO of oil group sees no slowdown in US production
The U.S. oil and gas industry is praised by supporters for boosting America to the forefront of global production and attacked by critics who blame it for sowing doubt about the scientific consensus that burning fossil fuels is changing the Earth's climate.












