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  • Normally, the flood of new grain coming in at harvest time drives down crop prices, and with prices already low when the harvest began, farmers in Texas, Oklahoma and Kansas were worried. Wheat grower Vance Ehmke said cash prices at his local elevator in the western Kansas community of Dighton dipped as low as $4.50 a bushel last month but have risen to about $5.50 a...

  • Texas has decided to start keeping its gold holdings within in its own borders. Texas is the only state that owns an actual stockpile of gold, according to public sector and financial industry experts— not just gold futures or investment positions, but approximately 5,600 gold bars worth around $650 million. But for the Texas comptroller's office, which has to...

  • WASHINGTON— As the Justice Department launches an investigation into possible collusion in the airline industry, experts say the government faces the burden of proving that carriers were deliberately signaling business decisions to each other. A particularly cold winter in the Northeast, for instance, might merit more flights to the Caribbean.

  • NEW YORK— The New York Police Department is stepping up security throughout the city and encouraging vigilance over the July Fourth weekend as thousands of tourists stream into the city for festivities. The NYPD also will rely on a network of thousands of closed-circuit security cameras carpeting the roughly 1.7 square miles south of Canal Street, the subway...

  • WASHINGTON— As the Justice Department launches an investigation into possible collusion in the airline industry, experts say the government faces the burden of proving that carriers were deliberately signaling business decisions to each other. A particularly cold winter in the Northeast, for instance, might merit more flights to the Caribbean.

  • NEW ORLEANS— More than five years after the worst offshore oil spill in U.S. history fouled beaches, coated seabirds in thick goo and threatened delicate marshes, BP has agreed to pay a record settlement to affected states in hopes of bringing an end to a legal drama that has cost the company billions. Federal and state government officials touted the...

  • DALLAS— Southwest Airlines says it has a tentative contract agreement with the union representing its flight attendants. The union said the deal would keep Southwest's flight attendants the highest-paid in the industry. Dallas- based Southwest Airlines Co. had 11,850 flight attendants as of last Dec. 31, according to a regulatory filing.

  • July 2- Dollar Tree Inc was given the go-ahead to buy Family Dollar Stores Inc by the U.S. Federal Trade Commission on condition that they sell 330 Family Dollar stores, putting to rest a year-long merger saga. The stores spread across 35 states, which Dollar Tree has offered to sell to private equity firm Sycamore Partners, has to be sold within 150 days after the...

  • *Balance of influence between Washington, local interests. NEW YORK/ WASHINGTON, July 2- Efforts to fill top positions at some U.S. A bill passed in May by the Senate Banking Committee that Shelby chairs would strip the New York Fed's board of its power to appoint its presidents.

  • NEW ORLEANS— Most of the $18.7 billion proposed settlement that BP reached over its 2010 Gulf of Mexico oil spill would go to five Gulf Coast states, if the deal is approved by a judge. Florida would receive $3.25 billion, with about $2 billion for economic loss and the rest distributed throughout the state to environmental projects such as beaches and piers.

  • The oil rig count rise of 12 to 640 followed a six-month slump in activity that reduced the number of active rigs from a peak of 1,609 in October to a nearly five-year low last week, energy services firm Baker Hughes Inc said in its closely followed report. Drillers added rigs in all of the major U.S. shale oil basins- three in the Eagle Ford in South Texas, two in the...

  • HOUSTON, July 2- BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history. Under the agreement with the U.S. Department of Justice and the states, BP will pay at least $12.8 billion for Clean Water Act...

  • HOUSTON, July 2- BP Plc has reached an $18.7 billion deal with the U.S government and five states to settle litigation stemming from its deadly 2010 Gulf of Mexico oil well blowout and explosion that killed 11 men and unleashed the worst spill in U.S. history. It also seeks to resolve environmental and economic damage claims by Louisiana, Mississippi, Alabama,...

  • *Balance of influence between Washington, local interests. NEW YORK/ WASHINGTON, July 2- Efforts to fill top positions at some U.S. A bill passed in May by the Senate Banking Committee that Shelby chairs would strip the New York Fed's board of its power to appoint its presidents.

  • Whole Foods apologizes for pricing problems Thursday, 2 Jul 2015 | 12:22 PM ET

    NEW YORK— Whole Foods Market has apologized to its shoppers for pricing issues in blog posts and emails, a week after a New York investigation found that the natural food grocer routinely overcharged for prepackaged fruits, vegetables and deli meats. Last week, New York's Department of Consumer Affairs said it was expanding its investigation after finding...

  • July 2- BP Plc's agreed to pay out $18.7 billion to the U.S. government and five coastal states to settle damages claims from the 2010 Gulf of Mexico spill. The following are details of the payouts and reaction from officials in Alabama, Florida, Louisiana, Mississippi and Texas:. LOUISIANA: The hardest state because of its proximity to the spill will receive more...

  • *Some caution prevails over long July 4 weekend, Greece and Iran. But with the Greek debt crisis unresolved and Iran nuclear talks pending, and Friday's U.S. The market is also expecting latest weekly estimate on the U.S. oil rig count from industry firm Baker Hughes at 1:00 p.m. EDT.

  • TIMELINE-BP oil spill, litigation at a glance Thursday, 2 Jul 2015 | 10:34 AM ET

    Sept 4- BP Plc reached a $18.7 billion settlement to end five years of litigation following the 2010 Gulf of Mexico oil spill. It is the largest settlement with a single entity in U.S. history, the U.S. Department of Justice said. *April 20, 2010, RIG EXPLODES: An explosion on the Deepwater Horizon oil rig at the Macondo exploration well kills 11 workers and releases...

  • July 2- BP Plc has reached a comprehensive $18.7 billion settlement with the U.S. government and five states, a landmark deal that effectively ends years of litigation over environmental damage and human casualties caused by the 2010 Gulf of Mexico spill. Clean Water Act fines and natural resources damages, along with claims by Alabama, Florida, Louisiana,...

  • July 2- BP said it has reached an $18.7 billion settlement of damages claims from the U.S. government and five states after the 2010 Gulf of Mexico spill. BP said the agreement covered claims from the states Of Alabama, Florida, Louisiana, Mississippi and Texas and 400 local government entities. Florida's Attorney General said her state's economic damages...