Energy in America

Business Highlights

___ US-China trade war elevates the risks to the global economy WASHINGTON (AP) — The trade war that has erupted between the U.S. and China carries a major risk of escalation that could weaken investment, depress spending, unsettle financial markets and slow the global economy.

Pruitt leaves his mark on businesses but will it last?

As head of the Environmental Protection Agency, Scott Pruitt tried to roll back rules affecting many industries, but whether he made lasting changes in the government's regulation of business or failed to leave a legacy could be decided in the courts.

The Latest: China files another complaint to WTO over US

The Latest on the U.S. increase in tariffs on Chinese imports and Beijing's countermoves in the trade and technology dispute between the world's two biggest economies that President Donald Trump says he is prepared to escalate.

Praxair, Intel rise; Embraer, TiVo fall

Stocks that moved substantially or traded heavily Thursday: Embraer S.A., down $2.71 at $23.50 Boeing will own 80 percent of a joint venture with the Brazilian jet maker.

Aramco massive IPO now appears highly unlikely: report

The much-touted initial public offering (IPO) of Saudi Arabia's giant state-owned oil company Aramco has stalled and, according to government officials and people familiar with the matter, will probably never take place, The Wall Street Journal said Thursday.