Energy in America

Dutch watchdog urges slash to gas extraction to limit quakes

A mining watchdog is advising the Dutch government to significantly decrease the amount of gas extracted from the northeastern region of Groningen, saying a cut is necessary to reduce the risk of damage caused by subsequent earthquakes.

Profitable Daimler expects heavy spending on new tech

German automaker Daimler AG says its net profit rose 24 percent to a record 10.9 billion euros ($13.5 billion) last year, helped by strong sales of its Mercedes-Benz SUVs and new E-Class luxury sedan.

Business Highlights

___ Fed leaves key rate unchanged at Yellen's final meeting WASHINGTON (AP) — The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.

Egypt thanks Eni for gas field efforts despite Regeni affair

Egypt's president has again accused unknown parties of being behind the 2016 murder of an Italian researcher, alleging a plot to sabotage bilateral relations during a ceremony marking the start of a massive gas project with Italian energy firm Eni.

Business Highlights

___ Amazon, Buffett and JPMorgan join forces on health care Three of corporate America's heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — have sent a shudder through the health care industry by announcing plans to create a company that would provide their employees with high-quality, affordable coverage.