If you thought coal was fading—upstaged by natural gas and solar panels—guess again. Look at the bustling Powder River Basin that's powering America.» Read More
NEW YORK, Jan 6- A blast of Arctic air gripped the mid-section of the United States on Monday, bringing the coldest temperatures in two decades, forcing businesses and schools to close and causing widespread airline delays and hazardous driving conditions.
Starting Sunday, the deep freeze will be felt in the northern U.S. plains, including North and South Dakota, and through the Great Lakes region and Ohio Valley, according to the National Weather Service.
NEW YORK, Jan 4- Frigid temperatures gripped a wide swath of the U.S. A new round of Arctic air will bring potentially record low temperatures in areas from Montana to Michigan starting this weekend, with the extremely cold air pushing eastward and blanketing the Northeast by early Tuesday, said Bob Oravec, a forecaster with the National Weather Service.
BNSF, owned by Warren Buffett's Berkshire Hathaway Inc, had been rerouting trains while the tracks were closed since Monday. Some oil trains were being routed through Sheridan, Wyoming, while some coal and merchandise trains were rerouted from Aberdeen, South Dakota, to Laurel, Montana.
Dec 30- Vanguard Natural Resources LLC said it would buy natural gas and oil properties in the Pinedale and Jonah fields of southwestern Wyoming for $581 million from a unit of Anadarko Petroleum Corp.. Vanguard Natural shares rose 1 percent to $29.27 in early trading on Monday, while those of oil and gas producer Anadarko were unchanged at $79.45.
The $100 million sale seems to have become an annual rite of passage for the luxury real estate market following the financial crisis.
Senator Max Baucus, who has long worked on China trade and economic issues, as his next ambassador to Beijing, underscoring the importance of commercial ties with the Asian power.
NEW YORK, Dec 13- Continental Resources, one of the companies that has committed to ship crude on TransCanada Corp's proposed Keystone XL pipeline, now says the controversial pipeline is no longer needed.
WASHINGTON, Dec 12- The Democratic-led U.S. Senate on Thursday approved six of President Barack Obama's nominees, including four judges, on the second day of its around-the-clock confirmation marathon that Republicans were unable to stop because of a rule change.
*Nominee Koskinen vows to restore public trust in IRS. Afterward, Baucus and Senator Orrin Hatch, the panel's top Republican, issued a joint statement saying they were "working to reconvene the Senate Finance Committee hearing to consider the nomination of John Koskinen to be IRS Commissioner."
*Tax-exemption scandal, Obamacare top IRS agenda. WASHINGTON, Dec 9- President Barack Obama's choice for U.S. tax commissioner, a multimillionaire with a reputation for troubleshooting, appears headed for confirmation, but on Tuesday will first face some tough questioning in Congress.
As much as 5 inches of snow were forecast for Monday night into Tuesday for an area stretching from Virginia into New York, the National Weather Service said. "I don't think things are going to warm up anytime soon," said Bruce Sullivan, National Weather Service meteorologist.
Northern Maryland received 7 to 10 inches of snow over the weekend, while central and eastern Pennsylvania got 4 to 10 inches, and parts of New York received up to 10 inches through Monday morning, according to the weather service.
Dec 9- A massive winter storm that drove parts of the southern United States into a deep freeze over the weekend kept a tight grip on the region on Monday while bitter temperatures, snow and ice spread through the East Coast.
Marching north, it was expected to pummel the East Coast with snow, sleet, and freezing rain from Baltimore to north of Portland, Maine, according to the National Weather Service. The Delaware Memorial Bridge, which links Delaware with New Jersey, was closed briefly "due to ice and multiple accidents," according to the bridge's official Twitter account.
The storm was moving up the East Coast, with snow, sleet, and freezing rain expected from Baltimore, Maryland, to north of Boston, according to the National Weather Service. The system was expected to reach Philadelphia and New York City by Sunday afternoon and linger over the area through Monday morning's rush hour commute.
*Winterkill worries in Kansas, Nebraska. A bigger issue will be the ice cover from northeast Texas into the Delta, "said Don Keeney, a meteorologist for MDA Weather Services.
Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.
Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.