Southern California Gas Company announces nearly $120M settlement for huge gas blowout at Los Angeles storage field
Southern California Gas Company announces nearly $120M settlement for huge gas blowout at Los Angeles storage field.
The Latest: $120M settlement over Los Angeles gas leak
The Latest on a settlement in litigation over a leak at a Southern California gas storage facility (all times local): 9:55 a.m.
Oil slips as Americans’ appetites for expensive gasoline wanes
Oil prices were sharply lower.
World stocks edge up amid corporate news, US-China spat
Shares were mixed in Asia on Wednesday after the U.S. followed through with plans to put higher tariffs on $16 billion in Chinese exports.
Asian shares mixed after new US tariffs put on China exports
U.S. stocks are rising again Tuesday as strong company earnings lift the market.
Group says US energy panel stacked with industry supporters
A conservation group claims a Trump administration committee reviewing royalty payments on fossil fuels from public lands is stacked with industry supporters who conduct some meetings in secret.
Business Highlights
___ Tesla CEO drops latest bombshell with $72B buyout proposal SAN FRANCISCO (AP) — Tesla CEO Elon Musk is considering leading a buyout of the electric car maker in a stunning move that would end the maverick company's eight-year history trading on the stock market.
Navajo robotics team heads to international competition
A team of Navajo high school students from a remote town in southern Utah is building a robot to represent North America in an international robotics competition.
General Electric laying off 200 workers at turbine plant
General Electric says it's laying off 200 hourly workers at its upstate New York plant that produces steam turbines for the company's power unit.
Judge refuses to reopen North Dakota pipeline security suit
A North Dakota judge will not reopen a lawsuit filed against a private security firm hired by the Dakota Access oil pipeline developer during protests over the $3.8 billion project.
Stocks rise on company earnings, oil gains on Iran sanctions
U.S. stocks are slightly higher Monday morning as companies including Tyson Foods and Berkshire Hathaway are rising after their second-quarter reports.
Business Highlights
___ PepsiCo's Indra Nooyi latest high-profile female CEO to exit PURCHASE, N.Y.
Appeals court tosses key permits for Atlantic Coast pipeline
A federal appeals court has thrown out two key permits for the Atlantic Coast pipeline.
Correction: EU-Italy-Highway-Explosion story
Italian police say at least 56 people have been injured and a bridge has partially collapsed following a major explosion on a highway near the northern city of Bologna.
Markets Right Now: Stocks notch a 3rd consecutive gain
The latest on developments in financial markets (all times local): 9:35 a.m.
The uncertainties over oil prices
Sanctions on Iran
Global stocks mostly higher amid strong earnings, growth
Asian stocks were mostly higher Monday, despite a new Chinese threat of tariff hikes on U.S. goods, after Washington reported solid employment numbers.
Iran receives more airplanes ahead of renewed US sanctions
Iran has acquired five new airplanes a day before the U.S. begins restoring sanctions suspended under the 2015 nuclear deal.
Hot weather forces 4 French nuclear reactors to shut down
As Europe struggles through a major heatwave, the French energy company EDF says it has halted a fourth nuclear reactor, this time one at the country's oldest nuclear plant at Fessenheim in eastern France.
Russia: 18 killed in Siberian oil worker helicopter crash
A Russian helicopter crashed shortly after takeoff Saturday in Siberia, killing all 18 people aboard, mostly oil workers, authorities said.










