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  • Correction: Debt Study story Wednesday, 30 Jul 2014 | 1:43 PM ET

    WASHINGTON— In a story July 29 about consumer debt reported to collection agencies, The Associated Press erroneously indicated that 80 percent of Americans have no debt on file. The study released Tuesday by the Urban Institute found that 20 percent of Americans with credit records have no debt on file.

  • Winemakers want NY to deny gas storage permits Wednesday, 30 Jul 2014 | 12:07 PM ET

    ALBANY, N.Y.— Finger Lakes winemakers and other business owners asked Gov. Opponents of Houston- based Crestwood Midstream's project said at a news conference in Albany that it would endanger drinking water, the local economy and the region's wine and tourism industry.

  • HOUSTON, July 29- A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

  • *EU reaches deal on Russia sanctions, prompts short rally. NEW YORK, July 29- Brent crude ended slightly higher on Tuesday as new sanctions on Russia looked set to worsen relations between Moscow and the West, while U.S. prices slipped after a Kansas refinery fire curbed demand for WTI crude.

  • HOUSTON/ BAGHDAD, July 29- Iraq scrambled to gain control of a cargo of Kurdish oil worth $100 million off the Texas coast on Tuesday after the U.S. ordered its seizure in a bid by Baghdad to halt oil sales by the autonomous region of Kurdistan.

  • HOUSTON/ LONDON, July 29- U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region.

  • Waste Management 2Q results mixed Tuesday, 29 Jul 2014 | 9:01 AM ET

    HOUSTON— Waste Management Inc. on Tuesday reported that its second-quarter profit fell 14 percent. The Houston- based garbage and recycling hauler also announced that it is selling Wheelabrator Technologies Inc. to Energy Capital Partners for $1.94 billion.

  • Waste Management selling subsidiary for $1.94B Tuesday, 29 Jul 2014 | 8:17 AM ET

    HOUSTON— Waste Management is selling a subsidiary to Energy Capital Partners for $1.94 billion as part of its effort to focus on its core business. It is selling Wheelabrator Technologies Inc., which owns or runs 17 waste-to-energy facilities and four independent power-producing plants in the U.S.

  • HOUSTON, July 29- Acting on a request from the central government in Iraq, a U.S. judge has signed an order telling the U.S. But Iraq's central government, in a court filing on Monday, laid claim to the cargo that it says was sold by the regional government of Kurdistan without permission from Baghdad, which has said such deals amount to smuggling.

  • HOUSTON, July 29- Acting on a request from the central government in Iraq, a U.S. judge has signed an order telling the U.S. To carry out the order from Magistrate Judge Nancy K. Johnson of the U.S. District Court for the Southern District of Texas, the Marshals Service may need to rely on companies in the Galveston Bay area that provide crude offloading services.

  • Study: 35 percent in US facing debt collectors Tuesday, 29 Jul 2014 | 12:02 AM ET

    WASHINGTON— More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.

  • HOUSTON, July 28- Iraq filed suit on Monday in a Texas court to gain control of a cargo of crude oil from Iraqi Kurdistan that Baghdad says was sold without its permission. Iraq, in its filing in U.S. District Court for the Southern District of Texas, asked for an order allowing the cargo to be seized by the U.S.

  • WASHINGTON, July 28- The U.S. Commerce Department has put on hold at least two companies' requests for permission to sell lightly processed crude abroad, effectively stalling an industry push to export an expanding glut of oil amid the U.S. shale revolution, sources said.

  • 1 dead, 3 hurt in Moss Point fish plant explosion Monday, 28 Jul 2014 | 1:15 PM ET

    Omega Protein spokesman Ben Landry said it happened about 9:30 a.m. while employees of a subcontractor were working on two storage tanks and one of the tanks blew up. Jackson County Coroner Vicki Broadus identified the dead worker as Jerry Lee Taylor II, 25, of Mobile, Alabama. Injured were Josh Walls, 34, of Escatawpa; Clay Davis, 40; and Lloyd McGill of Gautier.

  • HOUSTON, July 26- A tanker carrying crude oil from Iraqi Kurdistan is hours away from the Port of Galveston in Texas, according to Reuters ship tracking data and the U.S. Coast Guard, its arrival imminent despite Washington's concerns about independent oil sales from the autonomous region.

  • MH17 victims' family: Airline lacking compassion Saturday, 26 Jul 2014 | 11:48 AM ET

    Along with other relatives of victims, the family was put up in a hotel at Amsterdam's Schiphol Airport and was tended to by Malaysia Airlines staff in the days after the disaster.

  • HOUSTON, July 25- Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said.

  • US rig count up 12 to 1,883 Friday, 25 Jul 2014 | 1:49 PM ET

    Of the major oil- and gas-producing states, North Dakota and Louisiana gained six each, Ohio and Oklahoma were up two apiece and Colorado one. Texas lost 10 rigs, Alaska was off four, California and New Mexico were down two each and Kansas and Pennsylvania each dropped one. Arkansas, Utah, West Virginia and Wyoming were unchanged.

  • The train originated in North Dakota and was bound for Tesoro Corp's 120,000 barrel-per-day Anacortes oil refinery, 80 miles north of the city, Tesoro confirmed.

  • Noble Energy 2Q profit falls 49 percent Thursday, 24 Jul 2014 | 11:23 AM ET

    HOUSTON— Noble Energy Inc. on Thursday reported earnings that decreased by 49 percent in its second quarter, and beat analysts' expectations. The Houston- based company said net income fell to $192 million, or 52 cents per share, from $377 million, or $1.04 per share, in the same quarter a year ago.