Energy in America

Asian shares mostly lower despite US markets rally

Strong results from major companies including Microsoft, Visa and Comcast are sending U.S. stocks higher Thursday morning as the market found its footing after three weeks of steep declines.

Oregon governor joins other states in offshore drilling ban

Oregon Gov. Kate Brown issued an executive order Thursday blocking offshore drilling, joining several other states trying to shield themselves from the Trump administration's plan to drill for oil and gas off the U.S. coast.

Business Highlights

___ After long losing streak, US stocks surge on solid earnings NEW YORK (AP) — Strong results from major companies including Microsoft, Visa and Comcast send U.S. stocks sharply higher Thursday.

Chevron agrees to $160 million upgrade, fines to end probe

Federal officials say Chevron Corp. has agreed to pay a nearly $3 million fine and spend $160 million on environmental improvements and upgrading oil refineries to resolve allegations the company violated pollution laws.

Business Highlights

___ Tech companies lead another steep sell-off in US stocks NEW YORK (AP) —Another torrent of selling gripped Wall Street Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and extending a losing streak for the be nchmark S&P 500 index to a sixth day.