Energy in America

Business Highlights

___ Rising oil prices haven't hurt the US economy so far DALLAS (AP) — An old bogeyman, higher oil prices, may still be scary but doesn't have the same power to hurt the US economy.

New California law helps utilities with wildfire lawsuits

Gov. Jerry Brown signed a measure Friday allowing utilities to bill their customers to pay for future legal settlements stemming from devastating 2017 wildfires, even if the blazes are blamed on the company's mismanagement.

Asian stocks follow Wall Street higher

An early wave of buying sent U.S. stocks solidly higher on Wall Street Thursday, pushing the Dow Jones Industrial Average above the all-time high it closed at in January.

Regulators: NC flooding too bad to tally environmental harm

About 3.4 million chickens and turkeys and 5,500 hogs have been killed in flooding from Florence as rising North Carolina rivers swamped dozens of farm buildings where the animals were being raised for market, according to state officials.