Iran submits first budget since US sanctions were restored
Iran's president has submitted next year's budget to parliament, the first after the United States renewed sanctions targeting the oil industry.
Japan stocks plunge, other Asia markets fall after US losses
U.S. stocks fell sharply in early trading Monday, extending losses for the market after its worst week in more than seven years.
Business Highlights
___ Not very merry: US stocks plunge before Christmas President Donald Trump's attack on the Federal Reserve spooked financial markets on Christmas Eve, raising fears about an uncertain future should the White House try to undermine or remove the head of the U.S. central bank.
Extended jobless benefits in store for natural gas workers
Massachusetts lawmakers approved legislation Monday that would extend state unemployment benefits to about 1,200 natural gas workers who have been locked out in a bitter contract dispute with National Grid since July.
Idaho lab protects US infrastructure from cyber attacks
The United States is rushing to catch up with what cybersecurity experts say are threats to critical infrastructure control systems by hackers to energy pipelines, hydroelectric projects, drinking water systems and nuclear power plants.
How low will gas prices fall?
Outlook for gas prices
No Christmas cheer for stock markets after Mnuchin call
Asian stocks are mixed with light trading on Monday as a Wall Street slump and a partial U.S. government shutdown stemmed holiday cheer.
Asian shares mixed on US partial shutdown, Wall Street slump
Asian stocks were mostly lower with light trading on Monday as a Wall Street slump and a partial U.S. government shutdown stemmed holiday cheer.
BP sells 3 Texas wind turbine farms to Ares Management Corp
Oil and gas producer BP has sold three of its Texas wind farms to funds managed by affiliates of Los Angeles-based private equity firm Ares Management Corporation.
Guyana condemns 'hostile act' by Venezuela in local waters
Guyana's foreign ministry is condemning what it says was a dangerous incursion into local waters, after a Norwegian ship hired by ExxonMobil was intercepted by a Venezuelan naval vessel.
Venezuela navy 'intercepts' ship working in Guyanese waters for Exxon
The "intercept" is the latest clash between Venezuela and Guyana.
Regulators consider breaking up utility over safety concerns
California regulators said Friday they are considering splitting up Pacific Gas & Electric Co. or making other drastic changes amid concerns over the utility's role in recent gas explosions and wildfires.
A decade-long rally on Wall Street looks like it's ending
U.S. stocks are modestly higher Friday morning and indexes overseas are slightly lower as a steep plunge in global stock markets comes to at least a temporary halt.
Chinese citizen charged with trade secrets theft in Oklahoma
A Chinese national employed by an Oklahoma petroleum company has been charged with stealing trade secrets.
Business Highlights
___ A decade-long rally on Wall Street looks like it's ending NEW YORK (AP) — The nearly 10-year stock market rally looks like it's fading after another day of big losses Friday left the U.S. market with its worst week in more than seven years.
Minnesota governor's administration files Line 3 appeal
Minnesota Gov. Mark Dayton's administration has appealed a state regulatory panel's approval of Enbridge Energy's plan to replace its aging Line 3 oil pipeline across northern Minnesota.
Amid criticism, Romanian gov't taxes banks, energy companies
Austrian Chancellor Sebastian Kurz has suggested that foreign companies could pull out of Romania after the government unveiled a surprise plan to levy extra taxes on banks and energy companies.
End of an era: Germany closes its last black coal mine
Germany is closing the last of its black coal mines, ending an industry that laid the foundations for the country's industrial revolution and its post-war economic recovery.
Company sues to block order to contain 14-year-old oil leak
The company that has failed to end a 14-year-old oil leak in the Gulf of Mexico is suing to challenge a Coast Guard official's order to design and install a new containment system to capture and remove the crude before it forms slicks that often stretch for miles.
Worries about worker dangers grow amid US oil and gas boom
Parker Waldridge had worked in the Oklahoma oilfields since he was 16 and acquired the traits that make a good driller: fortitude, intellect and a healthy respect for the power of a runaway gas well.











