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  • Houston oilfield services company Baker Hughes Inc. said Friday 332 rigs sought oil and 87 explored for natural gas. Kansas, Louisiana, Texas and West Virginia were down two apiece. Alaska, Arkansas, California, North Dakota, Ohio, Pennsylvania, Utah and Wyoming were all unchanged.

  • ALBANY, N.Y.— KeyCorp and First Niagara Financial Group have agreed to sell 18 of First Niagara's western New York branches to satisfy antitrust issues arising from the planned combination of the banks. The U.S. Justice Department says Thursday it required the divestitures as part of Cleveland- based KeyCorp's proposed $4.1 billion acquisition of First...

  • SAN FRANCISCO, April 27- Persistent low oil prices continue to strain budgets in states like Alaska, Louisiana, Oklahoma and North Dakota, which rely on oil production taxes to fill government coffers, Standard and Poor's said in a report on state budgets on Wednesday. New Governor John Bel Edwards and the state legislature agreed in a special session to adopt new...

  • JUNEAU, Alaska— The Latest on regulations intended to allow use of marijuana in some Alaska businesses that will sell pot.:. Retail pot shops have yet to be licensed in Alaska. Alaska marijuana regulators are meeting to consider draft rules for allowing use of marijuana in some businesses that will sell pot.

  • JUNEAU, Alaska— Some activists have a vision for Alaska's upstart marijuana industry that could have Anchorage looking more like Amsterdam in the years ahead. The way some see it, just like the city in Holland where pot can be legally purchased and smoked in shops, tourists arriving in Anchorage would be able to jump in a taxi and ask the driver about the best...

  • JUNEAU, Alaska— Marijuana regulators in Alaska plan to consider rules this week for consuming marijuana products at authorized retail pot stores— a first among states that have legalized the recreational use of pot. Late last year, the Marijuana Control Board voted to allow people to use marijuana at certain stores that will sell it. Board staff, board chair...

  • The first quarter of 2016 is a low point for consumer optimism, which has fallen every quarter since the second half of 2014, The Alaska Dispatch News reported. According to a report by Anchorage consulting firm Northern Economics and Alaska Survey Research about 56 percent of Alaska residents say they think the state economy is getting worse and only 7...

  • Houston oilfield services company Baker Hughes Inc. said Friday 343 rigs sought oil and 88 explored for natural gas. Among major oil- and gas-producing states, Texas lost seven rigs and Louisiana and Ohio each dropped one. Alaska, Arkansas, California, Colorado, Kansas, New Mexico, North Dakota, Oklahoma, Pennsylvania, Utah, West Virginia and Wyoming were all...

  • American Airlines is the latest case in point. The world's biggest airline reported a $700 million first-quarter profit on Friday, beating Wall Street expectations. The results mirrored those from United Airlines on Thursday, and airline stocks slumped Friday for a second straight session.

  • ANCHORAGE, Alaska— An investigation has started into the fire that briefly shut down the trans- Alaska pipeline. KTUU reports the vent fire at Pump Station 5 was extinguished early Thursday morning, and the station is offline. Alyeska Pipeline Co. officials say the pipeline was returning to full flow operations Thursday, and employees are monitoring the system.

  • Pena Nieto, who is grappling with deadly drug cartel violence, said he will send to Congress a proposal to permit the use and importation of marijuana-based medicines, and raise the amount that weed users can legally carry to 28 grams from 5 grams. Pena Nieto did not say where consumers would be able to obtain the weed they are then allowed to carry.

  • ALASKA AIR PLANS TO USE CONSULTANTS TO HELP WITH AIRLINES' INTEGRATION BUT WILL TIGHTLY CONTROL BUDGET- CFO.

  • ALASKA AIR STILL HOPES TO RECEIVE U.S.

  • ALASKA AIR GROUP INC IS ANSWERING QUESTIONS FROM U.S.

  • Based in Sitka, Robert Miller makes one-of-a-kind hats and gloves from local animal furs. Also a fisheries biologist for the government, Miller hopes his business will offset any potential budget cutbacks.

    Weaning Alaska off oil revenues won't be a straight shot. And the pain won't be uniform.

  • Alaska's pipeline dilemma

    CNBC's Scott Cohn reports on how Alaska's Trans-Alaska Pipeline System presents economic and engineering challenges for the Last Frontier.

  • Juneau, Alaska.

    Even after the recent recovery pushing prices to just over $40 per barrel, producing oil in Alaska is solidly a money-losing proposition.

  • SAN FRANCISCO— The Latest on a gathering in San Francisco to celebrate marijuana smoking:. Thousands sent up a cheer and a collective plume of marijuana smoke at the stroke of 4:20 p.m. Wednesday in San Francisco's Golden Gate Park. This year's celebrations of all things marijuana throughout the U.S. come amid loosening restrictions and increasing tolerance...

  • SAN FRANCISCO— Thousands of people sent up a cheer and a collective plume of marijuana smoke at the stroke of 4:20 p.m. Wednesday in San Francisco's Golden Gate Park. A man held aloft an 8- inch bud of marijuana he said weighed more than three grams and was asking for $100. Marlene Manning, pushing a stroller with her 6- month-old granddaughter, was glad to be back in...

  • Corey Young, a founder of courier service CannaRabbit LLC, delivers bags of marijuana to a dispensary in in Louisville, Colorado, U.S., on Friday, March 27, 2015. CannaRabbit and peers are rushing in as regional truckers and nationwide haulers United Parcel Service Inc. and FedEx Corp. steer clear of transporting marijuana on concerns over the lack of nationwide clearance of a practice that is still illegal in most states.

    As more and more states legalize marijuana, banks are caught between serving pot businesses and federal law.