Energy in America

Global stocks mostly rise on economic growth hopes

Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard & Poor's 500 index to its third straight weekly gain on Friday despite weakness earlier in the week.

Asian shares advance following encouraging US jobs report

Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard & Poor's 500 index to its third straight weekly gain on Friday despite weakness earlier in the week.

Business Highlights

___ A stronger global economy is helping boost the US job market WASHINGTON (AP) — U.S. employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery.

Officials have more work ahead on Enbridge pipeline review

Minnesota officials need to do more work on the environmental review of Enbridge Energy's proposed replacement for its aging Line 3 crude oil pipeline, which has drawn strong opposition from environmental and tribal groups.

China tops the US in AI race

As more industries are becoming robotized, China is dominating the United States when it comes to the development of artificial intelligence (AI).

Business Highlights

___ Bitcoin soars then falls back; banks raise risk concerns NEW YORK (AP) — The price of bitcoin is swinging wildly Thursday, rising to more than $19,000 only to fall sharply minutes afterward.

ExxonMobil, Chevron, Shell paid no tax in Australia for 2016

Exxon Mobil Corp. and Chevron Corp paid no tax in Australia in the 2016 financial year, the third year in a row, despite reporting billions of dollars in income from operations in the country, a report from the tax office showed on Thursday.