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  • WASHINGTON, Feb 17- Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to pay much more for coverage or lose their health insurance. In response to Reuters' queries, spokespeople for the...

  • In all three states, Alaska, West Virginia and Michigan, problematic funding gaps widened, the report said. In 2006, Alaska switched newly hired state workers from its two biggest traditional defined benefit plans to a defined contribution plan. In 2014, Alaska made a $3 billion cash infusion into the defined benefit plans to shore them up.

  • Feb 4- With snow piling up in much of the United States, it might seem a bit early to start thinking about summer. storm, "says Rick Seaney, chief executive officer of FareCompare.com, which analyzes airfares. Asia- and Latin America- bound vacationers might find some bargains, while the carriers' sharing alliances that dominate the business will probably limit the...

  • US probes Moody's over mortgage ratings: Report Sunday, 1 Feb 2015 | 3:47 PM ET
    Turnagain Arm on July 15, 2014 in Anchorage, Alaska.

    Moody's Investors Service is under investigation by the U.S. Justice Department for some of its mortgage ratings, according to a report.

  • Shell bows to investor pressure on climate risk Thursday, 29 Jan 2015 | 1:48 PM ET

    WASHINGTON, Jan 29- In a rare move, oil major Shell on Thursday backed a resolution proposed by activist investors to force the company to recognize climate change risks by improving its transparency. The announcement coincided with Shell saying Thursday that it would cut $15 billion in spending but continue to drill in Alaska's Arctic. South Africa's Sasol...

  • LONDON, Jan 29- U.S. commercial crude oil stocks last week hit their highest level since 1931- when the opening of giant oil fields in the United States coincided with the Great Depression to create an enormous glut and sent prices tumbling to just 13 cents per barrel. In October 1929, U.S. commercial crude stocks peaked at a staggering 545 million barrels, following...

  • Remote and costly to develop, the Arctic is estimated to contain 20 percent of the world's undiscovered hydrocarbon resources and despite fierce opposition, plans for drilling north of the Arctic Circle are under way in the United States, Russia and Norway. Shell, Europe's largest energy firm, is intent on restarting its Arctic drilling campaign in Alaska's...

  • The 2017 to 2022 drilling plan begins a process that could take many years before waters off the coasts of Virginia, North Carolina, South Carolina or Georgia are cleared for drilling. The administration canceled a lease sale there after BP Plc's deadly explosion and oil spill in the Gulf of Mexico that year. In addition, President Barack Obama took parts of...

  • On Thursday, Alaska Airlines projected a group low of $1.85 per gallon for the first quarter, down from $2.64 in the fourth quarter of 2014. United Airlines said it will pay between $1.96 and $2.01 per gallon for the quarter, down from $2.83 in the prior quarter. Southwest Airlines said it will pay $1.90 per gallon in the first quarter, down from $2.62 the previous...

  • VANCOUVER, Jan 21- The government of Alaska said on Wednesday that it had canceled the overhaul of a ferry terminal in British Columbia "for the time being," after the $15 million project became a trade dispute with Canada over "Buy America" provisions. The state, which operates the terminal as part of its Alaska Marine Highway System, said it will maintain operations...

  • WASHINGTON, Jan 21- Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday. Alaska, Arizona, Kentucky, Massachusetts, Michigan, and Vermont all expect to miss their revenue forecasts, according to the report. New Mexico and Indiana are...

  • VANCOUVER, Jan 20- Alaska can use an existing British Columbia ferry terminal for several more years if Canada enforces an order blocking so-called "Buy America" purchasing rules from being applied to its reconstruction, a state official said on Tuesday. A $15 million plan to overhaul the Prince Rupert ferry terminal, which is located in Canada, has escalated...

  • NEW ORLEANS, Jan 20- BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its trial over the 2010 Gulf of Mexico oil spill. He said a 60 percent drop in oil prices since June has slashed BPXP's value to about $5.1 billion, down from $16 billion just months ago.

  • VANCOUVER, Jan 19- The Canadian government signed an order on Monday blocking the United States from applying controversial "Buy America" purchasing rules on the demolition and reconstruction of a ferry terminal that is located on Canada's Pacific Coast but operated by Alaska's Department of Transportation. The state of Alaska has refused to waive the...

  • The White House said the studies, by the U.S. space agency NASA and the National Oceanic and Atmospheric Administration, showed a need for action to reduce rising world emissions of greenhouse gases. The scientists said the record temperatures were spread around the globe, including most of Europe stretching into northern Africa, the western United States, far...

  • Separate studies by the U.S. space agency NASA and the National Oceanic and Atmospheric Administration showed that the 10 warmest years on record have taken place since 1997.. The scientists said the record temperatures were spread around the globe, including most of Europe stretching into northern Africa, the western United States, far eastern Russia into...

  • Getting hot in here: 2014 hottest year on record Friday, 16 Jan 2015 | 12:06 PM ET
    A worker delivering bottled water during the hot weather last July in Shanghai.

    Of the large inhabited land areas, only the eastern half of the United States recorded below-average temperatures in 2014, NYT reports.

  • Jan 12- United Airlines is assessing whether to outsource jobs at airports around the country in a cost-cutting effort that could impact some 2,000 workers. The Chicago- based carrier informed employees Monday that jobs up for review included baggage handlers and gate and customer service agents at 28 airports that are not hubs, ranging from Atlanta to...

  • United Airlines may outsource 2,000 airport jobs Monday, 12 Jan 2015 | 6:09 PM ET
    A United Airlines jet at San Francisco International Airport.

    United Airlines is assessing whether to outsource jobs at airports around the country in a cost-cutting effort.

  • WASHINGTON, Jan 8- The treasuries of U.S. states with large energy sectors are swinging wildly from full to empty as oil prices take unexpected turns, a new report released on Thursday by the Pew Charitable Trusts shows. North Dakota follows, alongside Vermont, at 11.6 percent. In 2013 severance taxes made up 39.7 percent of Wyoming's revenue and 46.4 percent of...