Energy in America

Business Highlights

___ For many factory towns, white collar job loss hurts the most ERIE, Pa.

Directors departing Wynn Resorts' board as lawsuits pile up

The state of Oregon has sued gambling mogul Steve Wynn and the board of directors of Wynn Resorts, alleging a failure to act in the best interests of shareholders and stop a pervasive pattern of sexual misconduct at the Las Vegas-based company.

Former Petrobras CEO sentenced to 11 years in jail

A former chief executive officer of Brazil's state oil company Petrobras has been sentenced to 11 years in prison as part of sprawling corruption investigation that has ensnared many of the country's top business and political leaders.

Australia and East Timor sign maritime border treaty

Australia and East Timor will sign a treaty that draws the first-ever maritime border between the neighbors, resolving years of bitter wrangling with a deal that carves up billions of dollars of oil and gas riches that lie beneath the Timor Sea.

Business Highlights

___ GOP lawmakers, business groups pressure Trump on tariffs WASHINGTON (AP) — House Speaker Paul Ryan is calling on President Donald Trump to take a 'more surgical approach' to trade and back off his threat to levy tariffs on steel and aluminum imports.

China asks for hold on UN ban of North Korea traders

China's government says it has asked for a temporary hold on a U.S. request for United Nations sanctions against ships accused of violating trade restrictions on North Korea while it studies what entities are involved.

South Sudan oil money corruptly funds civil war, say reports

South Sudan's state-owned oil company has been "captured by predatory elites" and is being used to fund the country's civil war, including a government-aligned militia accused of human rights abuses, according to two investigative organizations.