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  • US oil and natural gas rig count drops by 34 to 954 Friday, 17 Apr 2015 | 7:50 PM ET

    Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 34 this week to 954 amid depressed oil prices. Houston- based Baker Hughes said Friday 734 rigs were seeking oil and 217 explored for natural gas. Among major oil- and gas-producing states, Texas plummeted by 15 rigs; Oklahoma was down six;...

  • A line of bike hooks that can unexpectedly detach from their mounting are among this week's recalled consumer products. Other recalls include mattresses that failed flammability standards and truck and motorcycle toys with excessive amounts of lead. They were sold at Home Depot stores nationwide from April 2011 to March 2015.

  • COLORADO SPRINGS, Colo., April 17- The United States needs disruptive new technologies, new ways of acquiring equipment and bandwidth, and closer ties with global allies to stay ahead of growing challenges in space from China, Russia and others, the head of U.S. General John Hyten said the United States had been bracing for threats to its satellite systems for years,...

  • WASHINGTON— The Obama administration took a first step Friday toward a possible increase in fees charged for oil and gas companies to drill on federal lands. The Bureau of Land Management issued a notice seeking public comment on whether regulations are needed to give the government more flexibility in setting its fees. The Government Accountability Office...

  • SIDNEY, Mont.— A man was sentenced to 100 years in prison Friday in a Montana teacher's murder— a case that local officials say robbed the victim's rural hometown of its innocence amid an oil boom that's swept across the Northern Plains. Michael Keith Spell, 25, of Parachute, Colorado, was sentenced following a hearing before state District Judge Richard Simonton...

  • Why your rent will rise again this year Thursday, 16 Apr 2015 | 6:49 PM ET

    LOS ANGELES— Living in an apartment? The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That's four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period. "The only relief in sight is rents in the hottest markets are going to go up at a slower...

  • The 5 biggest IPOs of the year so far Thursday, 16 Apr 2015 | 5:00 PM ET

    NEW YORK— The five companies that raised the most money in their stock market debut this year include GoDaddy, the web hosting company known for its racy TV commercials. The list, provided by Renaissance Capital, which manages IPO-focused exchange traded funds, ranks the companies by how much money they raised in their initial public offering.

  • DALLAS— The IRS wants $3.2 billion to cover back taxes that it says are owed by a prominent Texas businessman and his late brother who the IRS says hid income by setting up overseas trust funds. Stewart Thomas, a lawyer for the Wylys, called the IRS claims "unfair and absurd." At the time of the bankruptcy Sam Wyly listed assets of $100 million to $500 million, but his...

  • NEW YORK— A new drug policy agency would focus as much on health as on policing under a proposal a New York City lawmaker introduced Thursday to shift how the nation's biggest city approaches illegal drug use. Advocates say it would be one of few local agencies of its kind nationwide, and New York's size would make it a showcase for less punitive, more...

  • London stakes its claim as global bitcoin hub Wednesday, 15 Apr 2015 | 6:57 PM ET
    Bitcoins

    London, center of the $5-trillion-a-day global currency market, now wants to be home to a controversial upstart - bitcoin.

  • Guaranty Bancorp beats Street 1Q forecasts Wednesday, 15 Apr 2015 | 5:04 PM ET

    DENVER _ Guaranty Bancorp on Wednesday reported first-quarter earnings of $5.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Guaranty Bancorp shares have risen 18 percent since the beginning of the year.

  • INSIGHT-London stakes its claim as global bitcoin hub Wednesday, 15 Apr 2015 | 12:33 PM ET

    *Bitcoin backers say UK attitude makes London attractive. *World's biggest bitcoin networking group is London- based. LONDON, April 15- London, centre of the $5- trillion- a-day global currency market, now wants to be home to a controversial upstart- bitcoin.

  • Molycorp shares jump on Siemens contract Wednesday, 15 Apr 2015 | 8:29 AM ET

    NEW YORK— Molycorp. Inc. said Wednesday that it will supply rare earth materials for use in Siemens AG's wind turbine generators over the next 10 years. Molycorp will supply materials such as dysprosium, from its Mountain Pass, California facility. Molycorp's stock has lost most of its value since peaking above $70 in 2011..

  • But after years of complaints and failed efforts, huge majorities of lawmakers from both parties banded together and Congress approved legislation permanently recasting how Medicare reimburses physicians. Though AARP tried unsuccessfully to change the bill to ease costs for some Medicare recipients, CEO Jo Ann Jenkins hailed its passage as "momentous"...

  • Fight for $15 protests expand for low-wage workers Wednesday, 15 Apr 2015 | 3:02 AM ET

    NEW YORK— The Fight for $15 campaign that began with fast-food workers expanded in size and scope Wednesday to include a range of workers who say their meager pay is a form of economic injustice. In New York City, more than 100 chanting protesters holding signs with messages like "We See Greed" gathered outside a McDonald's around noon, prompting the store to lock...

  • April 14- A federal appeals court on Tuesday lifted an injunction that would have required Wal-Mart Stores Inc to let shareholders vote on a proposal to tighten oversight of its sale of guns with high-capacity magazines. District Judge Leonard Stark that would have required a vote at Wal-Mart's annual meeting in June. The church's proposal would have...

  • April 14- A federal appeals court on Tuesday said Wal-Mart Stores Inc will not be required to let shareholders vote at its annual meeting on a proposal to force tighter oversight of its sale of high-capacity guns. The proposal by Trinity Church, a historic church in downtown Manhattan, would have required Wal-Mart's board to more closely examine the sale of...

  • U.S. CEO pay rose nearly 13 pct in 2014 - ISS Tuesday, 14 Apr 2015 | 11:51 AM ET

    The median pay for CEOs in the Connecticut area rose the most at 38.7 percent, while those in the San Francisco saw their median pay increase by 19.5 percent. The median increase for CEOs in the Washington DC area was 15.4 percent. The average CEO pay totaled about $6.43 million in 2014, compared with $5.54 million for the previous year, ISS said.

  • CASPER, Wyo.— Wyoming oil and gas regulators granted the petroleum industry a compromise Tuesday by voting unanimously to widen the minimum distance between oil and gas wells and occupied structures from 350 to 500 feet. Groups including the Powder River Basin Resource Council had sought a minimum distance of a quarter of a mile, or 1,320 feet.

  • Jury seated in Colorado theater shooting trial Tuesday, 14 Apr 2015 | 3:03 AM ET

    CENTENNIAL, Colo.— A jury was seated Tuesday in the death penalty trial of Colorado theater shooter James Holmes after a selection process that experts say was among the largest and most complicated in U.S. history. James Holmes is charged with killing 12 people and wounding 70 others in the July 2012 attack in suburban Denver. Judge Carlos A. Samour Jr. seated a...