Energy in America

Oil prices slumped more than 6 percent to the lowest in more than a year on Friday amid fears of a supply glut even as major producers consider cutting output.

Stocks that moved substantially or traded heavily Friday: Rockwell Collins Inc., up $11.86 to $141.54 Chinese regulators have conditionally approved the sale of the maker of communications and aviation electronics systems to United Technologies Corp. Tesla Inc., down $12.36 to $325.83

German automaker Volkswagen says it will appeal a court ruling that orders it to buy back a six-year-old diesel vehicle at the original sales price.

Share prices were mostly higher in Asia in narrow trading ahead of the Thanksgiving holiday.

A Caribbean trade bloc is removing taxes on imported oil and petroleum products for the region as a major refinery on the island of Trinidad prepares to close.

Stocks in the U.S. are higher Wednesday morning after two days of steep losses, and major European indexes are also recovering.

A New York attorney who won a landmark oil pollution judgment against Chevron in Ecuador's court system only to have his law license suspended at home for malpractice never got a fair hearing and should be allowed to defend himself against disbarment, a legal referee has ruled.

Thanksgiving travelers got help from favorable weather in most of the U.S Tuesday, but flight delays piled up at airports around the country by day's end.

___ Retailers aim to pick up business from defunct, dying rivals NEW YORK (AP) — Companies like Target and online mattress company Casper are creating playbooks to pick up market share left behind by defunct or dying retailers.

The latest on developments in financial markets (all times local): 9:35 a.m.

A federal regulatory board has ruled that a New Orleans company can be required to perform more underwater drilling and excavation work to end a 14-year-old oil leak in the Gulf of Mexico.

South Sudan is making its first big foreign investment pitch since declaring an end to civil war, but the oil-rich nation faces hesitation from some companies that want to make sure the fragile new peace deal holds.

Sharply lower oil prices are sending ripples through the global economy, lending more spending power to consumers shopping for Christmas gifts and making fuel cheaper for people in poorer countries.

America is the world's biggest energy producer.

As temperatures drop and winter looms, homeowners and property managers are sweeping chimneys, insulating pipes and swapping screens for storm windows.

Concerns about overproduction have roiled the oil market.

Asian markets fell on Wednesday after a trade dispute between the U.S. and China stalled a weekend meeting, dimming hopes that it could be resolved once their leaders meet.

Stocks are skidding Tuesday morning, putting the market back into the red for the year, as weak results from retailers and mounting losses for big technology companies compound the market's losses from the day before.