Energy in America

Business Highlights

___ US businesses cast wider net as jobless rate hits 3.9 pct.

States vow to press fight against Trump's car fuel rules

State prosecutors who pre-emptively sued months ago to block anticipated efforts by the Environmental Protection Agency to weaken car fuel-efficiency standards blasted the Trump administration Thursday for doing so and vowed to continue their fight in the courts.

Business Highlights

___ Financial fruit: Apple becomes 1st trillion-dollar company SAN FRANCISCO (AP) Apple has become the world's first publicly traded company to be valued at $1 trillion.

Asian markets flat after Apple value surpasses $1 trillion

World stocks indexes are falling Thursday after the Trump administration said it will consider an even higher tax rate of 25 percent on $200 billion in imports from China, raising the stakes in the trade war between the two largest economies.

Agency: Refinery fire caused by blast debris hitting tank

A federal agency says a massive refinery fire that forced the temporary evacuation of homes in the coastal Wisconsin city of Superior in April was caused by an explosion that sent debris hurtling into an asphalt storage tank.

Judge keeps rate cuts for failed nuclear plants in limbo

Investors in a South Carolina utility humbled by a multibillion-dollar nuclear construction debacle voted against golden parachutes for top executives if they lose their jobs as a result of the sale to Virginia-based Dominion Energy.

Global stocks extend losses on China-US trade worries

Asian shares slipped Thursday, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports.