Business Highlights
___ Apple's tax break yields big dividend boost, stock buybacks SAN JOSE, Calif.
Storage plan for spent fuel adds to US nuclear debate
A plan to temporarily store tons of spent fuel from U.S. commercial nuclear reactors in New Mexico is drawing fire from critics who say the federal government needs to consider more alternatives.
GE is a buy: Dennis Gartman
Gartman on GE
CMP parent company stands to make $60 million in project
The parent company of Maine's largest electricity utility could earn about $60 million a year through a new project that would bring power from Quebec to Massachusetts.
Regulators approve $1.8M pipeline project in North Dakota
Regulators have approved a $1.8 million natural gas pipeline project in northwestern North Dakota.
London, Tokyo stocks higher in quiet May Day trading
Shares were higher in Japan and Australia on Tuesday while most other major Asian markets were closed for public holidays.
BP gets Q1 boost from higher oil prices and more production
BP says first-quarter earnings surged 70 percent as the energy company profited from rising oil prices and increased production.
Crews finish sealing damaged Great Lakes electric cables
Officials say crews have finished capping and sealing two electric cables that were severed by a suspected boat anchor strike in the waterway that connects Lake Huron and Lake Michigan.
The Latest: New lawsuits and a truce in sage grouse dispute
The Latest on sage grouse protections in Western U.S. states: (all times local): 2:45 p.m. Environmental groups have started a new court battle over protections for an imperiled bird on Western U.S. public lands but called a truce in a separate lawsuit involving the bird's smaller cousin.
Tokyo stocks higher in quiet Labor Day trading
A burst of corporate deals and strong earnings reports helped push U.S. stock indexes higher in early trading Monday.
Lawsuits target oil, gas leases in imperiled bird's habitat
Environmental groups are suing the Trump administration for selling oil and gas leases on huge swaths of Western U.S. public lands while allegedly ignoring policies meant to protect an imperiled bird.
The Latest: Louisiana oil pipeline's impact debated in court
The Latest on a court hearing over lawsuit a Louisiana oil pipeline (all times local): 11:10 a.m.
Federal judge skeptical about pipeline's impact on wetlands
A company building a crude oil pipeline in Louisiana is asking a federal appeals court to throw out a judge's order that had halted construction work in an environmentally fragile swamp.
Marathon bids big for Andeavor and a far-reaching fuel realm
With drivers beginning to take note of rising prices at the pump, Marathon Petroleum is buying the refiner and pipeline owner Andeavor for more than $23 billion, creating a refiner with an extensive reach across the U.S. Marathon, based in Findlay, Ohio, has operations concentrated in the East while Andeavor, formerly known as Tesoro, has operations in the West.
Global shares start busy data week solidly
Shares were higher in Europe and Asia on Monday following the release of better-than-expected manufacturing data for China.
Get ready for the most expensive driving season in years
Get ready for a little bit more pain at the pump this summer.
Shares higher in Asia, some markets closed for holidays
Shares were higher in Hong Kong, Australia and South Korea on Monday following the release of reassuring manufacturing data for China, though a number of Asian markets are closed for holidays.
Libya officials say 3 killed in plane crash near oil field
Libya's oil agency says a transport plane has crashed just outside one of the country's largest oil fields, killing three crew members.
Austria's OMV signs $1.5B deal for stakes in Abu Dhabi oil
Austria's OMV has signed a deal worth $1.5 billion for a 20 percent stake in two offshore concessions in the United Arab Emirates' capital, Abu Dhabi.
Business Highlights
__ US economic growth slowed to 2.3 percent pace in Q1 WASHINGTON (AP) — The U.S. economy slowed to a moderate 2.3 percent annual growth rate in the first quarter as consumer spending turned in the weakest performance in nearly five years.








