Dominion to put 9 power-generating units on reserve status
Dominion Energy plans to place nine of its older, inefficient and rarely-used power-generating units across Virginia into a dormant status, the company announced Wednesday.
What to watch: The fight over Virginia's electric rates
Virginia's General Assembly is in the middle of a contentious fight over electric rates that could impact monthly utility bills for most businesses and residents.
Trump claims credit for what is still mostly Obama's economy
President Donald Trump relentlessly congratulates himself for the healthy state of the U.S. economy.
Global stocks slip as investors digest US bank earnings
Shares were lower Wednesday in Asia after a flip-flop session on Wall Street, where the Dow industrial average ended almost flat after backtracking from a broad rally earlier in the day.
Asian shares track weakness on Wall St; China shares higher
U.S. stocks climbed broadly in early trading Tuesday, sending the Dow Jones industrial average past the 26,000-point mark for the first time.
Business Highlights
___ Bank execs sing praises of new tax law as windfall looms NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — are indicating they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business.
How major US stock indexes fared on Tuesday
U.S. stocks closed lower Tuesday, erasing an early gain that briefly sent the Dow Jones industrial average past 26,000 points for the first time.
North Dakota oil output cut back to meet gas capture rules
Oil production in North Dakota is increasing amid rebounding oil prices and technology advances.
US oil industry set to break record, upend global trade
U.S. oil output is about to push past the more than 10 million barrels per day mark thanks to surging shale production.
Hess cutting hundreds of workers as it battles activist investor
Hess is cutting roughly 13 percent of its workforce and streamlining operations.
Energizer to buy Spectrum Brands unit for $2 bln
Battery maker Energizer Holdings said on Tuesday it would buy the global battery and portable lighting business of Spectrum Brands in a $2 billion all-cash deal.
BP to Book $1.7 Bln Charge for Deepwater Horizon Claims
BP's fourth-quarter profits will take a hit from a multibillion-dollar charge related to the company's fatal blowout in the Gulf of Mexico eight years ago.
Asian stocks advance as investors look ahead to US earnings
Asian stock markets were mostly higher on Monday after Wall Street's strong finish last week.
Asian stock markets edge higher; US dollar falls against yen
Asian stock markets edged higher on Monday after Wall Street's strong finish last week.
Company, Idaho regulators at odds over battery storage plan
An Idaho-based energy development company is asking federal authorities to declare state regulators in violation of a law intended to promote alternative energy in a case that could have far-reaching ramifications for emerging battery-storage technologies.
Senator questions protecting Florida from drilling
The Trump administration may have violated federal law by exempting Florida from a national plan to expand offshore drilling, a Democratic senator says.
Stocks keep pushing higher in 2018, led by retailers
Rising retailers pushed U.S. stock indexes further into record territory on Friday, and the Standard & Poor's 500 index was on pace to close out its seventh week of gains in the last eight.
Groups sue to block construction of Louisiana oil pipeline
Environmental groups have sued the U.S. Army Corps of Engineers in a bid to block construction of a 162-mile-long (261-kilometer) crude oil pipeline across south Louisiana, including through the environmentally fragile Atchafalaya (uh-CHAF-uh-LIE-uh) Basin river swamp.
US rig count jumps by 15 to 939; Louisiana, New Mexico add 5
The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 939.
Texas tycoon T. Boone Pickens shutters energy hedge fund
Oil tycoon T. Boone Pickens is closing his Dallas energy-focused hedge fund after what he describes as "one hell of a roller coaster ride."












