Global stocks slide, futures point to weak Wall Street open
Asian shares dipped Wednesday, mirroring a sell-off on Wall Street triggered by worries over slowing growth and falling profits.
Iraq's move to rush oil bidding could deter some firms
Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to boost revenues after its costly war with the Islamic State group.
Asian stocks slip following sell-off on Wall Street
U.S. stocks are higher Tuesday morning as investors applaud strong first-quarter results from companies including machinery maker Caterpillar, appliance maker Whirlpool and Fifth Third Bancorp.
Business Highlights
___ Sell-off in industrial, tech stocks sends Dow down 400 NEW YORK (AP) — After a strong start, U.S. stocks abruptly sold off Tuesday after machinery maker Caterpillar said it doesn't expect to top its first-quarter profit for the rest of the year.
Environmentalists dump on proposal for weaker coal ash rules
Dozens of environmentalists and others are speaking out against a proposal from the Environmental Protection Agency that would roll back regulations governing the disposal of ash generated by coal-burning power plants.
Global stocks mostly rise amid upbeat corporate earnings
Asian shares mostly rose Tuesday as a surge in U.S. bond yields pushed the value of the dollar higher against other major currencies.
Power-sucking Bitcoin 'mines' spark backlash
Bitcoin "miners" who use rows of computers whirring at the same time to produce virtual currencies began taking root along New York's northern border a couple of years ago to tap into some of the nation's cheapest hydroelectric power, offering an air of Silicon Valley sophistication to this often-snowy region.
Taiwan company plans $9.4B chemical complex in Louisiana
A company based in Taiwan has bought a 2,400-acre (970-hectare) site in Louisiana for a planned $9.4 billion chemical manufacturing complex .
Rivals see opening in Dominion Energy's political success
Dominion Energy's political prowess in Virginia is being cheered by unlikely sources: its would-be competitors.
Appeals court allows necessity defense in pipeline protest
The Minnesota Court of Appeals says four protesters can use an unusual "necessity defense" against criminal charges related to efforts to shut down two Enbridge Energy oil pipelines.
Trump likes coal, but that doesn't mean he's hostile to wind
President Donald Trump has courted coal miners and cast doubt on whether fossils fuel contribute to climate change, but that hasn't translated into hostility for renewable energy — particularly offshore wind.
Global stocks looking for direction in flat start to week
Global shares were mostly lower Monday following Friday's steep slide in technology shares on Wall Street.
Asian shares mostly lower, tracking tech sell-off on Wall St
Shares were mostly lower in Asia on Monday following Friday's steep slide in technology shares on Wall Street.
Business Highlights
___ Wells Fargo fined $1B for mortgage, auto lending abuses NEW YORK (AP) — Wells Fargo will pay $1 billion to federal regulators to settle charges tied to misconduct at its mortgage and auto lending business, the latest punishment levied against the banking giant for widespread customer abuses.
Slumping tech companies weigh on US stocks
The major U.S. stock indexes fell in early trading Friday, adding to the market's modest losses a day earlier.
Recalls this week: electrical safety switches, toys
More than 1 million electrical safety switches are being recalled because of a faulty switch.
New Jersey governor signs drill ban to thwart Trump plan
New Jersey Gov. Phil Murphy has signed a bill prohibiting oil and natural gas drilling in state waters, as well as preventing infrastructure like pipelines that could support drilling in more distant federal waters.
Markets Right Now: Slumping tech stocks weigh on US indexes
The latest on developments in financial markets (all times local): 9:35 a.m.
Oil demand, OPEC create ‘perfect recipe’ for higher prices: Fmr. Shell Oil president
The glut of oil has essentially disappeared.
Trump calls OPEC efforts to boost oil prices 'not good'
President Donald Trump says oil-producing cartel OPEC "is at it again," and that efforts to maintain high prices "will not be accepted!"










