Energy in America

Business Highlights

___ Dow sinks another 464 points as slowdown fears worsen NEW YORK (AP) — Stocks took another dive on Wall Street, adding to the steep losses in recent days as investors remain concerned that economic growth around the world and in the U.S. could slow dramatically over the next few years.

Spain court grants $1.7 billion compensation for oil spill

Spain's Supreme Court has ruled that the captain and the insurer of the Prestige oil tanker must pay more than 1.5 billion euros ($1.7 billion) in compensation for Spain's biggest environmental disaster, when the vessel sank in 2002.

California governor: Democrats are likely to spend too much

Democratic Gov. Jerry Brown helped his party become dominant in California politics during his eight years leading the nation's most populous state, and less than a month before leaving office, he is predicting it will be difficult for his successor to control Democrats' hunger for more spending and rules.

Business Highlights

___ Fed lifts rates for 4th time this year but sees fewer hikes WASHINGTON (AP) — The Fed's move came despite President Donald Trump's attacks in recent weeks on its rate hikes and on Chairman Jerome Powell personally.

Governors agree to study sending gas to Asia through Mexico

The governors of Arizona, New Mexico and Mexico's Sonora state signed an agreement Wednesday to study a plan to export natural gas to Asia by connecting existing pipelines to move the fuel south to the Gulf of California.