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  • WASHINGTON— With Republicans muscling a balanced-budget plan through the Senate, Congress is positioned for months of battling President Barack Obama over the GOP's goals of slicing spending and dismantling his health care law. The Senate was beginning a spring recess after approving the measure, leaving Congress' two GOP- run chambers to negotiate a...

  • NEW YORK— A JetBlue Airways pilot who scared passengers by yelling about Jesus and al-Qaida during a 2012 trip from New York to Las Vegas sued the airline for more than $16 million Friday, saying it jeopardized the flight by failing to recognize he was ill. The lawsuit said Osbon, 52, was a flight standards captain who primarily flew Airbus planes and helped...

  • NEW YORK, March 27- A former JetBlue Airways Corp pilot whose midair meltdown forced an emergency landing of a 2012 flight on Friday sued the carrier for $14.9 million, saying it should have grounded him because it knew he was incapable of flying. Clayton Osbon, 52, filed his lawsuit in Manhattan federal court three days after the crash of a Germanwings plane in the...

  • JetBlue sued by ex-pilot who had midair meltdown Friday, 27 Mar 2015 | 5:24 PM ET

    NEW YORK, March 27- A former JetBlue Airways Corp pilot whose midair meltdown forced an emergency landing of a 2012 flight on Friday sued the carrier for $14.9 million, saying it should have grounded him because it knew he was incapable of flying. Clayton Osbon, 52, filed his lawsuit in Manhattan federal court three days after the crash of a Germanwings plane in the...

  • NEW YORK, March 27- Wall Street investors may find little reason to make big moves next week as they await monthly U.S. jobs data and any news that could change expectations for the first interest rate hike in almost a decade. The Labor Department report is due on Friday, when the stock market will be closed for Good Friday, leaving investors unable to trade on the data...

  • BISMARCK, N.D.— For the first time in more than six years, North Dakota doesn't have the lowest unemployment rate in the nation, due in part to sliding oil drilling activity spurred by low crude prices. U.S. Bureau of Labor Statistics data released Friday show North Dakota's jobless rate in February was 2.9 percent, up from 2.8 percent in January.

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 21 this week to 1,048 amid falling oil prices. Houston- based Baker Hughes said Friday 813 rigs were seeking oil and 233 exploring for natural gas. Among major oil- and gas-producing states, Alaska, Louisiana, Oklahoma and Texas each...

  • March 27- The number of rigs drilling for oil in the United States declined by 12 this week to 813, the smallest decline since December, oil services firm Baker Hughes said in its closely watched survey on Friday. With the decline this week, the number of oil rigs has fallen for a record 16th week in a row to the lowest level since 2011, according to Baker Hughes data...

  • Scott Walker left a tour of the U.S.- Mexico border without addressing questions being raised about his stance on immigration. Instead, the two-term governor arrived in Texas after reports that he expressed support for giving immigrants a pathway to citizenship during a recent closed-door meeting. New Hampshire GOP chairwoman Jennifer Horn, who organized...

  • With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies to do more for less. Baker Hughes Inc saw more client inquiries about products that increase efficiency of existing wells in the first three months...

  • COLUMN-California motorists hit the road again: Kemp Friday, 27 Mar 2015 | 9:05 AM ET

    LONDON, March 27- California's gasoline sales are rising at some of the fastest rates for a decade, as an improving economy and lower fuel prices encourage more driving, according to state tax records. California motorists consumed almost 960,000 barrels of gasoline per day in 2014, equivalent to about 1 percent of global oil demand. There is no reason to believe...

  • AKRON, Ohio— A federal agency has directed the Texas- based company behind a proposed northeastern Ohio natural gas pipeline to investigate an alternative route that would relocate the $2 billion project to less populated areas. The city of Green has proposed moving about 103 miles of the Nexus pipeline away from southern Summit County and northern Stark...

  • NEW YORK— Firefighters using high-powered water towers worked Friday to extinguish pockets of fire at the site of an apparent gas explosion in Manhattan's East Village as authorities reported that two people were unaccounted for. An hour before an apparent gas explosion sent flames soaring and debris flying at a Manhattan apartment building, injuring 19...

  • March 26- Builders FirstSource Inc, a U.S. supplier of residential building products, is in discussions to acquire peer ProBuild Holdings Inc for approximately $1.5 billion, including debt, three people familiar with the matter said on Thursday. The negotiations between Builders FirstSource and privately held ProBuild are ongoing and may not lead to an...

  • CHICAGO, March 26- A cool April in the U.S. southern Plains and Delta region will slow some planting of corn, soybeans and other crops but below-normal rainfall across the main crop belt should prevent any major planting delays this spring, an agricultural meteorologist said on Thursday. "We'll see delays continue across some southern areas but when you get into...

  • March 26- Private equity firm Platinum Equity LLC is in advanced talks to buy PrimeSource Building Products Inc, the largest distributor of screws and nails in the United States, from Itochu Corp, according to people familiar with the matter. Reuters reported in November that Itochu, a Japanese trading house, had hired investment bank JPMorgan Chase& Co in an...

  • MEXICO CITY— Mexico's state-owned petroleum company Pemex has signed an agreement giving two investment funds a 45 percent stake in a natural gas pipeline in exchange for $900 million. The Los Ramones pipeline will transport natural gas from Texas to Mexico and is intended to facilitate imports of cheap U.S. gas and lower Mexico's high commercial...

  • Meerkat vs. Periscope: Live-streaming app battle & buzz Thursday, 26 Mar 2015 | 5:20 PM ET

    NEW YORK— Download Periscope, Twitter's just-launched live video-streaming app, and you'll find people broadcasting all sorts of mundane stuff: waiting for AT&T to fix their wiring, getting out of bed in Silicon Valley, looking outside their office window in Chicago. After all, the first tweet, sent by co-founder Jack Dorsey in 2006, simply said "just setting up my...

  • March 26- Personal information gathered by RadioShack Corp from shoppers is not included in its sale, the consumer privacy ombudsman in the electronics retailer's bankruptcy case said in response to concerns shared by several states that the data could be sold. Her letter came as Oregon and Pennsylvania on Wednesday joined Texas and Tennessee in objecting...

  • Spark Energy reports 4Q loss Thursday, 26 Mar 2015 | 4:48 PM ET

    HOUSTON _ Spark Energy Inc. on Thursday reported a loss of $11.4 million in its fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. Spark Energy shares have climbed 3 percent since the beginning of the year.