Stocks skid as US imposes tariffs and allies retaliate
U.S. stocks are mostly lower Thursday morning following big swings over the last two days.
Business Highlights
___ Trump tariffs on US allies draw retaliation threats WASHINGTON (AP) — The Trump administration's announcement that it will impose tariffs on steel and aluminum imports from Europe, Mexico and Canada has drawn swift vows of retaliation from key allies, inflamed trade tensions and sent stock markets sinking.
Washington state blamed for holding up fossil fuel exports
Republican lawmakers from Western states and industry executives on Thursday accused Washington state officials of unfairly blocking fossil fuel projects and dictating winners and losers among U.S. companies seeking to export products to Asia.
Official: 2 more months to restore power in Puerto Rico
The director of Puerto Rico's power company tells The Associated Press that it could take another two months to fully restore power on the island as crews work to strengthen the electrical grid amid a new hurricane season.
Asian and European shares rise on promising Chinese data
U.S. stocks are climbing Wednesday morning, recovering some of the ground they lost the day before, as investors hope Italy might be able to avoid a new round of elections.
Oklahoma grand jury subpoenas Texas men in tracking case
The president of a Texas-based wind energy trade group has been subpoenaed to appear before an Oklahoma grand jury looking into a state lawmaker's claim that someone connected to the industry put a tracking device on his pickup.
New offshore wind farm project will dwarf nation's 1st one
A Rhode Island company is going to build a wind farm that will be 10 times the size of the nation's first offshore wind farm.
Illinois environmental group sues over coal ash pollution
An Illinois environmental group is suing the owner of a shuttered power plant where contaminants from old coal ash ponds are seeping into a river popular with kayakers and canoers.
Iowa utility: Project means wind will meet customer demand
An Iowa-based utility is proposing a massive wind turbine project that would be the nation's first investor-owned electric utility to generate all of its customer demand from wind energy.
Judge dismisses complaint against pipeline security company
A North Dakota judge has dismissed a complaint that regulators filed against a North Carolina-based company that handled security for the developer of the heavily protested Dakota Access oil pipeline.
Signs gas prices will head lower?
Oil near six-week low
Trade tensions, oil price seen as threat to global growth
An international economic watchdog says threatened new trade barriers and rising oil prices could hurt long-awaited global economic growth.
Stocks recover their poise as Italy concerns abate
Stocks have skidded in Asia as Italy heads for another round of elections that investors worry could become a referendum on whether to stay in the euro bloc.
Italian turmoil hits global markets, sending stocks plunging
Global stocks are falling Tuesday morning as political uncertainty in Italy sends European stocks sharply lower.
Brazil union to truckers: end strike or risk losing gains
Brazilian truckers frustrated by rising fuel prices are striking for a ninth day in several states, though sporadic deliveries of gasoline and goods are starting to ease a shutdown that has led to widespread shortages and disturbances.
Saudi Arabia taps Halliburton for fracking, drilling support
The Houston-based oil field services giant has been a leader in the U.S. shale boom.
Canada to buy major pipeline to ensure it gets built
Canada's government says it will buy controversial Trans Mountain pipeline to ensure it gets built.
Shares fall in Europe, Asia as Italy crisis lingers
Asian shares were mostly lower Tuesday, tracking losses in Europe, where investor confidence was sapped by political uncertainty in Italy.
New swamp: Lobbyist tied to Perry seeks energy firm bailout
At a West Virginia rally on tax cuts, President Donald Trump veered off on a subject that likely puzzled most of his audience.














