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  • $1.4 trillion in pension fights foreshadowed in RI Sunday, 7 Oct 2012 | 5:01 AM ET

    PROVIDENCE, R.I.-- Retired social worker Jim Gillis was told his $36,000 Rhode Island state pension would increase by $1,100 next year to keep up with inflation. He and other retirees are challenging the pension changes in a court battle that's likely to have national implications as other states follow Rhode Island's lead.

  • Tulsa American Airlines plant to lay off 450 Friday, 5 Oct 2012 | 8:07 PM ET

    TULSA, Okla.-- About 450 mechanics and fleet service workers at American Airlines' Tulsa maintenance base will be laid off by February, the company and union officials announced Friday.

  • HOUSTON, Oct 5- Chesapeake Energy Corp said on Friday it has reached a settlement with the U.S. Department of Justice to resolve alleged violations of the federal Clean Water Act. As part of the deal that still requires court approval, the Oklahoma City, Oklahoma, company will pay a $600,000 fine.

  • Jazz hall organizers say they will pay $60k debt Friday, 5 Oct 2012 | 4:57 PM ET

    TULSA, Okla.-- Facing eviction, directors at the Oklahoma Jazz Hall of Fame have announced they will finally be able to pay off some $60,000 in bills the organization has owed for months. Friday's statement by the Tulsa nonprofit comes two days ahead of a special meeting set by the county to discuss what to do with the museum.

  • Ark. property owners sue over drilling waste wells Friday, 5 Oct 2012 | 3:59 PM ET

    LITTLE ROCK, Ark.-- A group of residents in Independence and Faulkner counties are suing three natural gas drilling companies, claiming that waste fluids are improperly being pumped underneath land the companies don't own or lease. Houston- based Southwestern Energy Co. was the only company named in the original version of the suit, which was filed in August.

  • Property owners sue over gas drilling waste wells Friday, 5 Oct 2012 | 3:48 PM ET

    Houston- based Southwestern Energy Co. was the only company named in the original version of the suit, which was filed in August. Southwestern Energy filed a motion to dismiss the original suit, arguing the plaintiffs didn't show they had a claim.

  • Hertz extends offer for Dollar Thrifty shares Friday, 5 Oct 2012 | 11:48 AM ET

    Park Ridge, N.J.- based Hertz is in the process of acquiring Tulsa, Okla.- based Dollar Thrifty Automotive Group Inc. for $87.50 per share, or about $2.3 billion. The offer, which was previously set to expire on Friday, will now expire on Oct. 22, Hertz said. Hertz shares fell 2 cents to $14.54 in midday trading Friday.

  • Daryl Hannah arrested in Texas protesting pipeline Friday, 5 Oct 2012 | 9:22 AM ET

    HOUSTON-- Actress Daryl Hannah of "Splash" fame was arrested in northeast Texas on Thursday, along with a 78- year-old landowner as the pair protested an oil pipeline designed to bring crude from Canada to the Gulf Coast.

  • SAN ANTONIO, Oct 4- Actress Daryl Hannah was arrested in Texas on Thursday after she stood in front of an earth-moving machine clearing ground for the construction of the controversial Keystone XL pipeline, her representative said.

  • Okla., Colo. govs. report on 22-state CNG plan Thursday, 4 Oct 2012 | 4:45 PM ET

    OKLAHOMA CITY-- The governors of Oklahoma and Colorado say their effort to encourage manufacturers to produce compressed natural gas vehicles is gaining momentum. Mary Fallin and Colorado Gov. Fallin says dealerships representing Ford, Chrysler, General Motors and Honda have submitted more than 100 bids.

  • Drought conditions ease slightly in Oklahoma Thursday, 4 Oct 2012 | 3:39 PM ET

    OKLAHOMA CITY-- Rain that fell across much of Oklahoma last weekend helped to slightly reduce the severity of exceptional drought in the state. Drought Monitor report released Thursday shows 28 percent of the state in exceptional drought _ the worst category.

  • Chesapeake executive compensation under review -filing Wednesday, 3 Oct 2012 | 5:06 PM ET

    HOUSTON, Oct 3- Chesapeake Energy Corp extended employment contracts with certain executives through the end of the year as its board of directors reviews the oil and gas company's compensation practices, according to a regulatory filing on Wednesday.

  • Unemployment rates for Southern US cities Wednesday, 3 Oct 2012 | 3:41 PM ET
  • Canada crude-Synthetic, heavy grades weaken Wednesday, 3 Oct 2012 | 2:15 PM ET

    Light synthetic crude for November delivery last sold for $9.75 a barrel over benchmark West Texas Intermediate, compared with $12 a barrel over WTI on Tuesday, according to Shorcan Energy Brokers. November Western Canada Select heavy blend was quoted at $11 a barrel under WTI, an 80- cent wider discount than on Tuesday.

  • American says installation job caused seat snafu Tuesday, 2 Oct 2012 | 5:07 PM ET

    The first sign of trouble showed up last Wednesday, when crews noticed loose seats on a plane that had flown from Dallas-Fort Worth International Airport to Vail, Colo. The seats were tightened again that day in Boston. The same plane had to make an emergency landing Monday when seats came loose shortly after takeoff on a New York- to- Miami flight.

  • NEW YORK, Oct 2- U.S. crude oil inventories rose less than expected last week while oil product stockpiles fell slightly, data from the American Petroleum Institute showed on Tuesday. Crude inventories rose 462,000 barrels in the week to Sept. 28, compared with analysts' expectations for a build of 1.5 million barrels, the API reported.

  • Canada crude-Grades strengthen despite refinery work Tuesday, 2 Oct 2012 | 3:08 PM ET

    *Illinois, Montana refineries down for work. CALGARY, Alberta, Oct 2- Canadian crude prices strengthened on Tuesday, despite outages at some key U.S. refineries, after Syncrude Canada Ltd, one of the top to oil sands mining operations, reported lower production.

  • 3rd American Airlines flight had seats come loose Tuesday, 2 Oct 2012 | 11:10 AM ET

    DALLAS-- American Airlines says passenger seats on a third flight came loose as the plane was airborne, and it's continuing to inspect other jets with similar seating. Separately an American flight on Tuesday from Chicago to London was diverted to Shannon Airport in Ireland after a report of smoke in the cabin.

  • Okla. treasurer: Revenue collections resume climb Tuesday, 2 Oct 2012 | 10:38 AM ET

    OKLAHOMA CITY-- Overall state revenue collections slightly outpaced those from the prior year, despite continued lower collections from oil and natural gas production, Oklahoma Treasurer Ken Miller reported Monday. Overall, gross collections for the month totaled $988 million, an increase of $27 million, or nearly 3 percent, from September 2011.

  • American Airlines inspecting jets for loose seats Monday, 1 Oct 2012 | 5:39 PM ET

    DALLAS-- The federal government is examining two separate incidents in which passenger seats came loose midflight on American Airlines planes in the last three days. On Saturday, a flight from Boston to Miami made an emergency landing in New York after three passenger seats came loose shortly after takeoff.