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  • Government ups air bag warning to 7.8M vehicles Wednesday, 22 Oct 2014 | 8:42 AM ET

    DETROIT— In a story Oct. 20 about an auto industry air bag recall, The Associated Press reported an incorrect age for Hien Thi Tran, who died after being severely injured in a Florida crash. DETROIT— The U.S. government issued an urgent plea to more than 4.7 million people to get the air bags in their cars fixed, amid concern that a defect in the devices can possibly kill...

  • Sonic beats Street 4Q forecasts Tuesday, 21 Oct 2014 | 4:42 PM ET

    OKLAHOMA CITY _ Sonic Corp. on Tuesday reported earnings of $18.8 million in its fiscal fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. Analysts expected $160.3 million, according to Zacks.

  • US agency warns car owners to get air bags fixed Monday, 20 Oct 2014 | 11:46 AM ET

    Multiple automakers have recalled vehicles in the U.S. over the past two years to repair air bag inflators made by Takata Corp., a Tokyo- based supplier of seat belts, air bags, steering wheels and other auto parts. In a statement Monday, the National Highway Traffic and Safety Administration warned owners of those cars to act right away. The warning covers cars made...

  • *Southwestern to buy assets in Marcellus and Utica shale fields. Oct 16- Southwestern Energy Co said it would buy some oil and gas assets in the Marcellus and Utica shale fields in West Virginia and Pennsylvania from Chesapeake Energy Corp for about $5.37 billion. The deal is positive for Chesapeake and other Utica and Marcellus shale players as it marks the...

  • Oct 16- Chesapeake Energy Corp said it would sell some oil and gas assets in Marcellus and Utica shale fields in West Virginia and Pennsylvania to Southwestern Energy Co for about $5.37 billion, sending its shares up 5.8 percent premarket. Southwestern, which already has assets in Fayetteville shale and northeastern Pennsylvania Marcellus, is adding acreage...

  • SW Energy snaps up assets in Marcellus, Utica Thursday, 16 Oct 2014 | 7:43 AM ET

    HOUSTON— Southwestern Energy will spend about $5.38 billion to acquire drilling assets in West Virginia and southwest Pennsylvania now owned by Chesapeake Energy. Southwestern said Thursday that by 2017' s end it estimates the reserve mix to be approximately one third each for the Fayetteville, northeast Marcellus and the newly acquired West Virginia and...

  • 3 dead believed to be newspaper publisher, family Tuesday, 14 Oct 2014 | 6:23 PM ET

    Duncan Police Chief Danny Ford said autopsy results are pending but that as far as investigators can tell, the bodies are those of John and Tinker Hruby and daughter Katherine. John Hruby was the publisher of The Marlow Review, a weekly newspaper with a circulation of about 3,500, where his wife also worked. "At this time The Marlow Review asks the general public...

  • Oct 14- Gulfstream Aerospace Corp, a unit of General Dynamics Corp, said it had launched two new business jets, the G500 and G600, and signed agreements for orders of up to 70 aircraft from Flexjet LLC and Qatar Airways. Dallas- based Flexjet LLC, a provider of fractional jet ownership and leasing services, will order up to 50 aircraft, including the 16- seater G450, the...

  • Targa buying Atlas Pipeline, Atlas Energy Monday, 13 Oct 2014 | 8:24 AM ET

    HOUSTON— Targa Resources is buying Atlas Pipeline Partners and Atlas Energy in a deal valued at close to $6 billion, creating a huge energy transportation and storage company. Targa Resources Partners LP, based in Houston, will pay $4 billion and assume $1.8 billion in debt for Atlas Pipeline. Each Atlas Pipeline unitholder will receive 0.5846 units of Targa...

  • NEW YORK, Oct 12- The average price of a gallon of gasoline in the United States dropped 12 cents in the past three weeks to its lowest point in nearly a year, driven by the latest round of falling oil prices, according to the Lundberg survey released on Sunday. Prices fell to an average of $3.26 per gallon for regular grade gasoline, according to the survey conducted on...

  • Survey: Gas prices continue to decline nationally Sunday, 12 Oct 2014 | 4:19 PM ET

    CAMARILLO, Calif.— A national survey of gas prices reports that Americans are paying 12 cents on average less than they were three weeks ago. Industry analyst Trilby Lundberg said Sunday that the average for regular grade gas is $3.26 per gallon, while midgrade averages $3.48 and premium $3.64. In the lower 48 states, San Francisco averaged the highest average...

  • Southwest looks for spark from expansion in Dallas Sunday, 12 Oct 2014 | 12:31 PM ET

    At middle age, Southwest is the fourth-largest U.S. airline by traffic, setting records for profits and enjoying a stock-price rally. On Monday, Southwest gets some help. Southwest will go head-to-head with Fort Worth, Texas- based American Airlines, which flies to most of those same 15 cities from DFW Airport.

  • Oct 9- Global news organization Reuters has asked an Oklahoma court to open courtroom proceedings to the public and unseal trial transcripts of the two-month-long divorce trial of billionaire oilman Harold Hamm and his wife, Sue Ann Hamm. Haralson cited concerns that private business information that might be discussed in the divorce case would harm Hamm's...

  • LONDON, Oct 9- Brent oil futures steadied above $91 a barrel on Thursday, supported by a slide in the dollar but a glut in supply and concerns about global growth kept it not far above a 27 month low hit in the previous day. Brent for November delivery was up 26 cents at $91.64 by 0819 GMT. The front-month contract fell as low as $90.57 on Wednesday, the lowest since June...

  • SINGAPORE, Oct 9- Brent crude futures rose towards $92 a barrel on Thursday, after rebounding from a 27- month low hit in the previous session as the U.S. dollar weakened on the possibility the Federal Reserve could hold off raising interest rates. Low interest rates "might be around for a little bit, which is supportive for commodities, not just oil," said Mark Keenan,...

  • SINGAPORE, Oct 9- Brent crude futures held steady above $91 a barrel on Thursday, after rebounding from a 27- month low hit in the previous session as the U.S. dollar weakened on the possibility the Federal Reserve could hold off raising interest rates. Low interest rates "might be around for a little bit, which is supportive for commodities, not just oil," said Mark...

  • SINGAPORE Oct 9- Brent crude futures held steady above $91 a barrel on Thursday, after rebounding from a 27- month low hit in the previous session as the U.S. dollar weakened on the possibility the Federal Reserve could hold off raising interest rates. Low interest rates "might be around for a little bit, which is supportive for commodities, not just oil," said Mark...

  • SINGAPORE Oct 9- U.S. crude futures climbed towards $88 a barrel on Thursday, rebounding after falling to their lowest level in 18 months on a weaker dollar and a draw on inventories at the Cushing delivery hub. *U.S. crude inventories surged by 5 million barrels in the week to Oct. 3, far higher than the 1.5 million barrel build forecast by analysts, data from the U.S....

  • NEW YORK, Oct 8- Brent crude hit a 27- month low on Wednesday before recovering partially to close above $91 a barrel, with analysts saying the market could be headed for a rebound despite growing stockpiles and a gloomy world economic outlook. U.S. crude stocks climbed by 5 million barrels to 361.65 million in the week to Oct. 3, data from the Energy Information...

  • NEW YORK, Oct 8- Brent crude hit a 27- month low on Wednesday before recovering to above $91 a barrel, attempting to rebound from a week of near non-stop selling despite data showing a hefty build in U.S. oil stockpiles. U.S. crude stocks climbed by 5 million barrels to 361.65 million in the week to Oct. 3, Energy Information Administration data showed.