Energy in America

The South Carolina Senate approved a proposal Wednesday to significantly cut the amount a private utility can charge customers to pay for two nuclear plants that were never finished.

___ Road to homeownership gets rockier this spring as rates rise LOS ANGELES (AP) — Higher mortgage rates are making the already challenging task of buying an affordable home even tougher for many Americans this spring.

An island-wide blackout has hit Puerto Rico, which is struggling with an increasingly unstable power grid nearly seven months after Hurricane Maria hit the U.S. territory.

U.S. officials have approved two high-voltage transmission line routes in southwestern Idaho aimed at modernizing the Pacific Northwest's energy grid.

U.S. stocks are wavering between small gains and losses in early trading Wednesday as investors size up the latest company earnings and deal news.

The latest on developments in financial markets (all times local): 9:35 a.m.

A judge has rejected the request by two American Indian tribes to be more involved in a court-ordered environmental review of the Dakota Access oil pipeline.

Eni CEO Claudio Descalzi says that the oil giant will invest 7 billion euros ($8.6 billion) in activities in its home country of Italy over the next four years.

Japan has reported that its trade surplus with the U.S. grew nearly 6 percent in the fiscal year through March.

Asian stock markets followed Wall Street higher Wednesday after Beijing added to a swelling trade dispute with Washington by hiking tariffs on U.S. sorghum.

U.S. stocks moved solidly higher in early trading Tuesday, adding to the market's gains from a day earlier.

Chevron Corp. says two of its Venezuela-based employees have been arrested by local authorities in what appears to be the first such detentions of a private oil company's workers amid a growing anti-corruption purge.

___ IMF: A major trade rift could imperil solid global economy WASHINGTON (AP) — The International Monetary Fund warned that rising trade tensions between the United States and China risk undermining a global economy that the IMF believes should otherwise grow solidly this year.

U.S. health officials say a closely watched medicine made from the marijuana plant significantly reduces seizures in children with severe forms of epilepsy and warrants approval in the country.

The Latest on damage to oil pipelines and electric cables in Michigan's Straits of Mackinac (all times local): 11 a.m.

Michigan's attorney general says a tugboat dragged its anchor as it passed through the waterway connecting Lake Huron and Lake Michigan, causing recent damage to underwater oil and electrical lines.

A new study says a massive Chinese infrastructure program that Beijing says is aimed at promoting global trade and economic growth is actually intended to expand the country's political influence and military presence.

Asian shares were mixed but mostly flat Tuesday, amid persisting worries over trade tensions between China and the U.S. Overnight, investors registered relief that air strikes on Syria were contained and unlikely to escalate.

U.S. stocks were broadly higher in early trading Monday, with technology and health care companies posting solid gains.

ConocoPhillips say its 2018 winter exploration and appraisal program on Alaska's western North Slope produced promising results.