Energy in America

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.

Business Highlights

___ Trump's boasts aside, trade wars typically leave no victors WASHINGTON (AP) — Trade wars generate no medals, monuments or military parades.

Asian stocks surge despite trade tensions after US gains

U.S. stocks fell Monday and markets around the world wobbled as investors continue to question whether they can count on two of the main drivers that propelled markets to record heights: an expanding global economy and low interest rates.

Trump EPA moves to roll back more rules on fuels pollution

The Trump administration said Thursday it is rewriting Obama-era rules governing pollution from oil and gas operations and coal ash dumps, moves that opponents say will significantly weaken protections for human health and the environment.

'Naked politics' of punishing Delta could haunt Georgia

As companies across America take a stand on guns after the Florida school massacre, Delta Air Lines withstood swift political retribution in its home state of Georgia for cutting ties with the National Rifle Association.

Pro-gun Georgia lawmakers punish Delta for crossing the NRA

Georgia lawmakers are expected to vote on a sweeping tax bill that no longer includes a proposed jet fuel tax break which had been in Republicans' crosshairs ever since Delta Air Lines severed ties with the National Rifle Association.