Commission seeks fracking ban in watershed supplying NYC
A commission that oversees water quality for the watershed that supplies Philadelphia and half of New York City with drinking water is taking another step toward permanently banning natural gas drilling and hydraulic fracturing.
Business Highlights
___ NEW YORK (AP) — Wall Street finished November with a broad rally that gave the Dow Jones industrial average its biggest gain since March and pushed it past the 24,000 mark for the first time.
San Diego utility can't pass 2007 fire costs onto customers
The California Public Utilities Commission on Thursday rejected a request from a San Diego utility to force customers to shoulder $379 million in costs from three deadly blazes ignited by power lines in 2007.
Venezuela arrests top oil officials in corruption probe
Venezuelan authorities say they've arrested two top former officials in a widening corruption probe into the state-run oil industry.
Drilling-gear company will pay $238 million in bribery case
Federal officials say a Netherlands-based maker of equipment for offshore oil drilling will pay $238 million to settle charges of paying bribes to officials in five oil-producing countries.
The Latest: OPEC, allies extend oil output cuts through 2018
The Latest on OPEC's meeting about oil production (all times local): 7:10 p.m. OPEC oil ministers and their non-OPEC partners have agreed to extend crude output cuts until the end of next year in efforts to keep supplies tight and bolster prices.
Venezuela arrests ex-oil minister, former state oil company boss on corruption charges
Venezuela arrests ex-oil minister, former state oil company boss on corruption charges.
Markets brush off US tech sell-off; oil up ahead of OPEC
Asian stock markets declined Thursday after U.S. tech stocks fell and China reported stronger manufacturing as investors looked ahead to a key OPEC meeting.
OPEC oil ministers poised to extend production cuts
OPEC and allied oil producing-nations are going into meetings amid apparent consensus on extending their output cuts.
Asian stocks fall after Wall Street losses
U.S. stock indexes were mostly higher in early trading Wednesday, giving up some of their gains following the market's best day in two months.
The Latest: Snag in bid to open refuge to oil drilling
The Latest on Senate Republicans' tax overhaul bill (all times local): 6:18 p.m.
TransCanada to run inspection device in Keystone pipeline
TransCanada Corp. says it will run an inspection device through its Keystone oil pipeline to make sure there aren't segments of pipe with similar characteristics to a section that ruptured in South Dakota.
Turkish businessman describes $50M bribe at sanctions trial
A wealthy Turkish-Iranian gold trader is set to testify at a New York trial about how he helped Iran evade U.S. economic sanctions.
Business Highlights
___ Yellen suggests a continuation of gradual rate hikes WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says the Fed expects to continue raising interest rates gradually.
Markets Right Now: US indexes mostly lower in quiet trade
The latest on developments in financial markets (All times local): 9:35 a.m.
UN Report: Access to energy crucial for escaping poverty
A United Nations report says the world's least developed countries need access to electricity if they are to break out of poverty.
Energy companies rise with oil prices; other stocks snooze
With the Thanksgiving holiday approaching, U.S. stocks are little changed Wednesday morning after they finished at all-time highs the day before.
Cape Wind opponents appeal federal decision upholding lease
Opponents of a proposed wind farm off Cape Cod are appealing a federal agency's decision to leave in place the long-stalled project's ocean lease.
OPEC is back from the dead but will they blow it?
Oil is in a solid bull market, and oil-producing nations are walking a tight-rope to keep the party going.
OPEC and allies likely to extend production cuts at meeting
With cuts to oil production working in driving up prices, OPEC oil ministers and their non-OPEC allies will likely extend the strategy at a meeting Thursday.










