Energy in America

___ GE, seeking path forward as a century-old company, ousts CEO BOSTON (AP) — General Electric CEO and Chairman John Flannery is being ousted after just over a year on the job at the century-old company.

After less than two years and a precipitous decline in the share price at General Electric, John Flannery is being ousted as chairman and CEO.

General Electric’s decision Monday to part ways with CEO John Flannery just one year into his tenure came amid a prolonged stock slide.

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

President Donald Trump has discussed global crude oil prices with Saudi King Salman in a telephone call amid the American leader's call for OPEC to bring down energy prices.

___ Tesla faces a reckoning with CEO Elon Musk's job in jeopardy SAN FRANCISCO (AP) — The thought of a Tesla car company without Elon Musk is sending shivers down the spine of Wall Street.

The Trump administration is easing rules imposed on offshore oil and gas drilling six years after the nation's worst offshore oil spill.

Global stocks are falling Friday after Italy's new government announced a big increase in spending.

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

The operator of Japan's wrecked Fukushima nuclear plant says much of the radioactive water stored at the plant isn't clean enough and needs further treatment if it is to be released into the ocean.

Delta Air Lines CEO expects a significant impact on this year's fuel bill as a result of rising oil prices.

A campaign bankrolled by the oil industry has raised $20.46 million to defeat a carbon pollution fee on the ballot in Washington state aiming at tackling climate change.

U.S. stocks are higher Thursday morning as Apple and Amazon both jump.

Brazil's state oil company Petrobras says it has agreed to pay more than $850 million in penalties for covering up bribes to Brazilian politicians and political parties.

Asian markets were mixed on Thursday after the U.S. Federal Reserve lifted its key interest rate as expected for the third time this year.

Stock indexes around the world held steady on Wednesday as markets awaited a Federal Reserve decision on interest rates scheduled for the afternoon.

The owners of the last nuclear power plant still under construction in the U.S. say the project will continue after a disagreement about budget overages was resolved.

___ Fed raises rates for 3rd time this year with 1 more expected WASHINGTON (AP) — The Federal Reserve signaled confidence in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to help manage growth and inflation.

Turkmenistan's president has ordered a complete end to free natural gas, electricity and water, which residents of the Central Asian nation have enjoyed for a quarter century.

Even though electric vehicles account for just a fraction of overall car sales, they are slowly gaining favor with buyers, particularly as second cars for daily commuting.