Eleven Democratic senators urged Obama to make a final decision on whether to approve TransCanada Corp's Keystone.» Read More
WASHINGTON, April 18- The U.S. government launched on Friday a probe into allegations that cheap imports of Mexican sugar are causing nearly $1 billion in damages in the local market, even as the Mexican representatives made a formal rebuttal of the accusations.
President Barack Obama has said he will have the final say on whether to allow the pipeline connecting Canada's oil sands region to Texas refiners, and several government agencies had been given until May to weigh in.
WASHINGTON, April 18- Mexican sugar imports are no threat to the profitable, "well-heeled" and protected U.S. sugar industry, Mexican producers said on Friday, rebuffing accusations that super-cheap imported sugar risks nearly $1 billion damage to the local industry.
In a surprise announcement Friday as Washington was winding down for Easter, the State Department said federal agencies will have more time to weigh in on the politically fraught decision— but declined to say how much longer.
NEW YORK— Independent power producer Calpine said Friday will sell six power plants in the Southeast to LS Power for $1.57 billion.
*BP pays billions in compensation but some claims still unpaid. April 18- Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.
WASHINGTON— A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock.
WASHINGTON— President Barack Obama's full-throated defense of his health care overhaul seems perfectly timed for Democrats who want their party to embrace the law more enthusiastically. At a White House news conference Thursday, Obama noted that health insurance enrollments under the new law are higher than expected, and costs are lower.
Activists in one Senate race are doing just that. And the Congressional Budget Office— the government's fiscal scorekeeper— said it expects only a minimal increase in customers' costs for 2015. Over the next decade, CBO said the new law will cost taxpayers $100 billion less than previously estimated.
CHARLESTON, W.Va.— Scrapping to keep a West Virginia Senate seat Democratic in a state that's sprinted to the right, Natalie Tennant is counting on her allegiance to the coal industry to separate herself from an unpopular President Barack Obama. Mary Landrieu is vying for a fourth term representing Louisiana; Alaska Sen.
But Congress will have to act fast. Foxx's warnings this week echo ones by President Barack Obama, who cautioned in February that unless Congress finished a bill by summer's end then "we could see construction projects stop in their tracks."
The senator says she battles for oil and gas jobs, even if that means defying President Barack Obama.
SEATTLE— About 4,500 calls failed to get through during a six-hour Washington state 911 outage last week, CenturyLink said Monday. The problem did not involve the computer bug known as "Heartbleed," nor any malfunction in CenturyLink's network, the Monroe, La., company said in a statement.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Edwards Lifesciences Corp., up $8.03 to $81. Citigroup Inc., up $1.99 to $47.67.
NEW YORK— Shares of Goodrich Petroleum climbed Monday after the oil and gas company reported results from a new oil well in eastern Louisiana. The well is in the Tuscaloosa Marine Shale, which spans parts of Louisiana and western Mississippi. Goodrich Petroleum Corp. stock rose $5.11, or 27.8 percent, to $23.51 in afternoon trading.
April 14- Goodrich Petroleum Corp drilled its second successful well in the Tuscaloosa Marine shale prospect in Louisiana, bolstering confidence in the fast-growing field and sending the company's shares up as much as 39 percent.
NEW ORLEANS— The U.S. Department of Agriculture says its rural development program is lending $7.1 million to a New Orleans sausage maker and $1.3 million to a Bunkie senior care company.
April 14- Within hours of the U.S. government's unprecedented release last week of a trove of Medicare billing data, a small fraternity of lawyers who specialize in representing whistleblowers in healthcare fraud cases began to mobilize.
Stung by the abrupt change in sentiment, the stocks of recent stars such as Netflix, Facebook, Twitter and LinkedIn are 20 percent to 45 percent below their recent peaks. NEW YORK— Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering.
WASHINGTON— After months of watching Democrats get hammered over President Barack Obama's health care law, friends of an embattled senator are fighting back by proudly linking him to "Obamacare." An independent group in Alaska is airing a TV ad that praises Democratic Sen.