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  • Tipped workers push for higher minimum wage in NY Tuesday, 9 Dec 2014 | 3:00 AM ET

    New York law lets employers pay them less than the state's $8 standard minimum wage, set to rise to $8.75 in January and to $9 a year later, provided tips make up the difference. The seven states are Alaska, Washington, Oregon, California, Nevada, Minnesota and Montana, they said. A new study by the Eastern Research Group for the U.S. Labor Department estimated 399,000...

  • HOUSTON, Dec 8- Drilling contractor Noble Corporation PLC on Monday said it paid $12.2 million to settle felony charges by the U.S. Department of Justice related to safety, environmental and record keeping violations on vessels in Arctic waters off Alaska in 2012.. Noble acknowledges that it failed to report any of these hazardous conditions to the U.S. Coast...

  • Arctic drill ship company pleading to 8 felonies Monday, 8 Dec 2014 | 5:05 PM ET

    JUNEAU, Alaska— A company that operated a drill ship off Alaska's Arctic coast has agreed to plead guilty to environmental and maritime crimes as part of a deal with prosecutors. The agreement calls for Noble Drilling U.S. LLC to plead guilty to eight felony counts and pay an $8.2 million fine, plus $4 million in community service payments. One of the factors that...

  • Barton, a Republican from Texas, will introduce a bill to lift the export ban Congress passed in the 1970 s after the Arab oil embargo led to fears of fuel shortages, an aide said. The lawmaker will introduce the measure ahead of a hearing later this week by the House of Representatives subcommittee on energy and power on whether the export restriction makes sense...

  • Barton, a Republican from Texas, will introduce a bill to lift the export ban Congress passed in the 1970 s after the Arab oil embargo led to fears of fuel shortages, an aide said. The lawmaker will introduce the measure ahead of a hearing later this week by the House of Representatives subcommittee on energy and power on whether the export restriction makes sense...

  • If OPEC cannot act to defend the prices and revenues of its member countries, does the organisation still serve any purpose? There is an assumption among some commentators that OPEC is only relevant and working if ministers can reach a production agreement in response to shifts in prices, and that strong disagreement is a sign of dysfunction.

  • COLUMN-Oil in Arcadia: John Kemp Monday, 24 Nov 2014 | 9:05 AM ET

    Some of that crude came from states such as North Dakota, Texas and Alaska, and the rest from foreign suppliers like Canada, Saudi Arabia, Venezuela and Nigeria. On Saturday, the New York Times published a carefully researched essay chronicling "The Downside of the Boom" about how " North Dakota took on the oversight of a multi-billion dollar oil industry with a...

  • WASHINGTON, Nov 7- As incoming head of the Senate Energy Committee, Alaska's Lisa Murkowski will gain more clout in January to reverse the 40- year ban on most U.S. crude oil exports, but she is unlikely to rush into legislative action. But upon taking the reins, Murkowski's first steps to roll back the ban, imposed by Congress after the Arab oil embargo in the 1970 s, are...

  • Pot muscles into mainstream as voters OK measures Wednesday, 5 Nov 2014 | 1:55 PM ET
    Marijuana-based products are displayed at the "Oregon's Finest" medical marijuana dispensary in Portland, Oregon.

    More regions have joined Colorado and Washington state in allowing recreational marijuana use. Businesses in turn are hoping for revenue and jobs.

  • Legal cannabis industry to quadruple by 2018: ArcView  Wednesday, 5 Nov 2014 | 1:27 PM ET

    CNBC's Kate Rogers reports Oregon, Alaska and Washington D.C., are now joining Colorado and Washington in legalizing recreational pot use.

  • Recap: Election 2014—Waking up to a GOP Congress Wednesday, 5 Nov 2014 | 10:37 AM ET
    On November 4, Americans will head to the polls to cast their vote in the mid-term elections with the control of the U.S. Senate in question.

    The Republican Party won control of the U.S. Senate on Tuesday, in a night that turned out to be a historic defeat for Democrats.

  • Voters make it clear: Raise the minimum wage Wednesday, 5 Nov 2014 | 7:17 AM ET
    Placards during demonstration for higher wages in Chicago.

    Voters in five states approved ballot measures calling for raises in their states' minimum wages, adding to the federal debate.

  • What this election means for the sweep of history Tuesday, 4 Nov 2014 | 10:07 AM ET
    Voters wait in line to enter a polling place at the Jamestown Town Hall before the poll opens Nov. 4, 2014, in Jamestown, North Carolina.

    Voters go to the polls for midterm congressional elections Tuesday, but just 10 states will decide the most important result.

  • Nov 3- Energy and climate are central issues on some of the tightest U.S. Senate races of 2014 and have created a surge in spending by outside groups. First-term Democrat Mark Begich has stood behind actions by President Obama' s Environmental Protection Agency, including a decision to limit development of the massive Pebble Mine project in the state because it...

  • LONDON, Oct 31- Gasoline prices in all parts of the United States are tied to Brent rather than the domestic crude oil benchmark WTI, according to a detailed study published on Thursday by the Energy Information Administration. "The issue of which crude oil matters most for U.S. gasoline prices is particularly relevant as policymakers in the executive branch and...

  • This should bolster the case for lifting the ban by oil producers such as Pioneer Natural Resources, Anadarko Petroleum and Marathon Oil, which want an expanded market for their crude. Republican Senator Lisa Murkowski from Alaska, who in January started a campaign to relax the oil export ban, said the report proves that a change in policy would be advantageous...

  • LONDON, Oct 30- Chad Holliday, the former chairman of Bank of America and DuPont widely credited for his sustainable energy vision, will become the first American chairman at Royal Dutch Shell, an oil major with tense relations with green groups. An engineer by education, Holliday spent most of his career at DuPont, having joined the U.S. chemical giant in 1970 and...

  • Current polling suggests Republicans will take control of the Senate and hold onto the House. If Republicans take control of the Senate, McConnell has said he may use high-pressure tactics to challenge Obama, such as attaching riders to rein in the EPA via must-pass spending bills that only require a simple majority to pass. As McConnell mulls using riders to...

  • VANCOUVER, Oct 29- The steel-making coal market, where prices have plunged to seven-year lows due to oversupply, could be back in balance by the middle of next year if producers continue to cut back output, the chief of Teck Resources Ltd said on Wednesday. Prices for steelmaking coal are at their lowest levels since 2007, below $120 a tonne, hurt by oversupply and...

  • DENVER, Oct 29- Green billionaire Tom Steyer vowed to make the November congressional elections about climate change. But NextGen and other green groups are not talking about climate change as much as one would expect. NextGen and other green groups say they're simply doing what it takes to elect the candidates they support.