Oil drops below $50 for first time in a year
November still marks the largest one-month drop for oil since the financial recession ten years ago.
Asian stocks gain after Fed chief hits rate rises may slow
U.S. stock indexes are rising Wednesday morning as software maker Salesforce leads a rally in technology companies.
Business Highlights
___ Stocks surge as Powell hints at slower interest rate hikes NEW YORK (AP) — U.S. stocks made their biggest gain in eight months after Federal Reserve Chairman Jerome Powell hinted that the Fed might be willing to raise interest rates at a slower pace next year.
Dakota Access company says it complied with state settlement
A Texas-based developer said it complied with the terms of a 2017 agreement settling allegations it violated North Dakota rules during construction of the Dakota Access oil pipeline, but state regulators want more details.
Markets cautious as world leaders head to summit
Asian shares were mixed Wednesday after a wobbly day of trading on Wall Street and uncertainty ahead of the G-20 meeting of world leaders later in the week.
Oil whipsawed by world of wildcards
Hunker down for more volatility in the world oil markets.
Judge to utility: Explain any role in deadly California fire
A U.S. judge overseeing a criminal case against Pacific Gas & Electric Co. asked the utility Tuesday to explain any role it may have played in a massive wildfire that destroyed a Northern California town and killed nearly 90 people.
Asian stocks mixed after wobbly trading on Wall Street
U.S. stocks are slipping Tuesday morning as technology companies fall after President Donald Trump said he expects to put more tariffs on imports from China.
Former UN president backs indicted Hong Kong businessman
A former president of the United Nations General Assembly said Tuesday that he never witnessed "anything improper" on the part of a prominent Hong Kong businessman on trial in New York on charges of bribing government leaders in two African nations to land lucrative business deals for a Chinese oil and gas conglomerate.
Business Highlights
___ White House expresses 'disappointment,' 'anger' at GM WASHINGTON (AP) — The White House is expressing "great disappointment" in General Motors after the automobile giant announced it would be cutting thousands of jobs.
France's Macron tries to ease popular anger over gas prices
French President Emmanuel Macron says the country will move more slowly than promised to cap the amount of energy it derives from nuclear energy.
Mexico: 70-year-old oil field has billion-barrel potential
Mexico's state-owned oil company says studies on the 70-year-old Ixachi field in southern Veracruz state indicates it holds a whopping one billion barrels of proven, probable and possible reserves.
2 Greek companies guilty of illegal oil discharges in Texas
U.S. prosecutors say two Greek shipping companies must pay a $4 million fine for not reporting illegal oil discharges by a tanker operating last year in Texas ports.
The Latest: Judge questions PG&E about California wildfire
The Latest on a massive wildfire in Northern California (all times local): 12:20 p.m.
Pipeline company to pay $122K for environmental violations
A company building a natural gas pipeline in West Virginia has agreed to pay $122,350 for environmental violations.
New joint venture formed to convert pig poop to power
The world's largest pork company is teaming up with a major energy company to turn pig manure into renewable natural gas.
Impact of US fracking on the global economy
The global impact of US fracking
Court rules against proposed pipeline project
An appeals court in upstate New York has ruled in favor of landowners who are fighting against a gas company's plans to build a pipeline from Pennsylvania to Lake Ontario.
Trump's tariff talks weighs on global stock markets
Asian markets were mostly higher on Tuesday ahead of a meeting between the U.S. and China at the Group of 20 summit this week, despite President Donald Trump's comments that it's "highly unlikely" he'll hold off on raising tariffs as Beijing requested.
France's Macron puts off date by which the country will cap its electricity produced by nuclear plants at 50 percent
France's Macron puts off date by which the country will cap its electricity produced by nuclear plants at 50 percent.










