Energy in America

Business Highlights

___ S&P 500, Nasdaq and Russell 2000 close at record highs NEW YORK (AP) — Wall Street ended a week of milestones with a few more Friday.

Lebanese economy hammered by political crisis, debt

Ahmad Harb opened his perfume shop on the main street of Beirut's commercial Hamra district 35 years ago, and his business has weathered security and political crises in this volatile country, including a civil war.

VW to launch all-electric car sharing in Berlin

Volkswagen says it's launching an all-electric car sharing service in Berlin using its battery powered Golf and Up! models as it seeks to build a business serving people in big cities who don't own cars.

Business Highlights

___ S&P 500 marks longest bull run on mixed day for indexes NEW YORK (AP) — The bull market in U.S. stocks is now the longest on record.

New Mexico utility seeks to join western energy market

New Mexico's largest electric utility is asking state regulators for approval to join a trading market that allows participants in several western states to buy and sell energy to better balance supply and demand.

Putin says latest US sanctions senseless

President Vladimir Putin has said that economic sanctions imposed against his country by the U.S. are senseless, voicing hope that Washington will eventually agree to a constructive dialogue.

Big oil asks government to protect it from climate change

As the nation plans new defenses against the more powerful storms and higher tides expected from climate change, one project stands out: an ambitious proposal to build a nearly 60-mile "spine" of concrete seawalls, earthen barriers, floating gates and steel levees on the Texas Gulf Coast.