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  • Diamondback to buy oil and gas assets for $538M Monday, 21 Jul 2014 | 9:48 AM ET

    MIDLAND, Texas— Diamondback Energy will spend about $538 million to acquire drilling interests in Texas' Midland Basin. That money will go toward an earlier asset acquisition in West Texas. Shares of Diamondback Energy Inc. slipped 23 cents to $86.43 in morning trading Monday.

  • Six Flags 2Q profit rises 40 percent Monday, 21 Jul 2014 | 8:51 AM ET

    GRAND PRAIRIE, Texas— Six Flags Entertainment Corp. on Monday reported earnings that climbed by 40 percent in its second quarter. The Grand Prairie, Texas- based company said earnings rose to $66.3 million, or 67 cents per share, from $47.4 million, or 47 cents per share, in the same quarter a year ago.

  • CBS Outdoor to buy billboards from Van Wagner Monday, 21 Jul 2014 | 8:40 AM ET

    NEW YORK— CBS Outdoor Americas Inc. said Monday that it will buy about 1,100 billboards from rival Van Wagner Communications for $690 million in cash, giving the outdoor advertising company control of more billboards in some of the largest cities around the country.

  • Halliburton 2Q profit rises, boosts buyback Monday, 21 Jul 2014 | 7:51 AM ET

    HOUSTON— Halliburton Co. said Monday that its second-quarter earnings rose 20 percent, and it raised its share buyback authorization to $6 billion. The Houston- based company, which provides drilling services to oil and gas operators, earned $774 million, or 91 cents per share, for the period ended June 30.

  • Project at Ky. coal plant to catch carbon dioxide Monday, 21 Jul 2014 | 3:02 AM ET

    HARRODSBURG, Ky.— Political leaders and researchers say a new project to capture carbon dioxide at a central Kentucky power plant is a crucial step to continue burning coal for electricity in a time of tougher environmental regulations.

  • Sam Smith, Maroon 5 on tap for iTunes Festival Monday, 21 Jul 2014 | 2:32 AM ET

    NEW YORK— Last year Sam Smith says he was a spectator at the iTunes Festival. Other acts announced Monday include Pharrell Williams, Maroon 5, Calvin Harris, David Guetta, Robert Plant, Blondie and Chrissie Hynde. Past performers include Adele, Kanye West, Elton John, Katy Perry, Lady Gaga and Paul McCartney.

  • HOUSTON, July 21- California refiners remain far behind peers elsewhere in the country in replacing expensive imports with cheaper North American crudes from a new production boom. More than half of the 1.7 million barrels of crude processed by California refineries each day is imported, largely from Saudi Arabia, Ecuador, Iraq and Colombia.

  • VANCOUVER, Washington, July 21- California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state.

  • Fun run's cancellation in US angers participants Sunday, 20 Jul 2014 | 4:41 PM ET

    RENO, Nev.— A Utah company's cancellation of an annual fun run featuring a muddy, foamy obstacle course has left participants out of money in Nevada, Oregon and other states. Registered runners for the 5 K Foam Fest set for Aug. 2 in Reno received an email Thursday from Spanish Fork, Utah- based Round House Racing saying it went out of business and the event was canceled.

  • Subprime woes are back: This time in used cars Sunday, 20 Jul 2014 | 12:00 AM ET
    Used cars are displayed on a sales lot in San Rafael, California.

    Millions of Americans with shoddy credit records are obtaining used car loans, resembling the subprime mortgage mess, The NYT found.

  • Lightning a threat to ND saltwater disposal sites Saturday, 19 Jul 2014 | 11:33 AM ET

    WILLISTON, N.D.— Three massive fires since the beginning of June have highlighted the threat lightning poses in the North Dakota oil patch, and in each case it was tanks that store the toxic saltwater associated with drilling— not the oil wells or drilling rigs— that were to blame.

  • New leader says Komen has eye on future Friday, 18 Jul 2014 | 5:30 PM ET

    FORT WORTH, Texas— The new leader of the Susan G. Komen for the Cure organization says it has moved on from the controversy that erupted 2½ years ago over its decision, quickly reversed in an onslaught of criticism, to stop giving grants to Planned Parenthood for breast cancer screenings.

  • The California cities of San Jose, Vallejo and San Diego all saw a heightened threat, as new fault lines have been recently discovered, the report said. It also upgraded the risks facing parts of the central and eastern United States, singling out areas near New Madrid, Missouri, and Charleston, South Carolina.

  • WASHINGTON- More than 46,000 drug offenders will be eligible for early release from federal prison under an amendment to sentencing guidelines passed on Friday by a U.S. judiciary agency- unless Congress blocks the change. Congress has the authority to block both amendments by Nov. 1 of this year.

  • NEW YORK, July 18- Brent and U.S. crude eased at midday on Friday after sharp gains sparked by heightened geopolitical risk from the downing of a Malaysian jetliner over eastern Ukraine and as Israeli ground troops advanced into Gaza.

  • NEW YORK, July 18- Brent and U.S. crude eased at midday on Friday after sharp gains sparked by heightened geopolitical risk from the downing of a Malaysian jetliner over eastern Ukraine and as Israeli ground troops advanced into Gaza.

  • The SEC was seeking to overturn a lower court's decision from 2012, in which a federal judge rejected a request by the agency to force the Securities Investor Protection Corp to start court proceedings for the fraud victims, some of whom lost millions of dollars.

  • Ranking US states by job creation in past 5 years Friday, 18 Jul 2014 | 11:06 AM ET

    WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.

  • The case marks the first time that the SEC, which oversees the SIPC, has ever filed a lawsuit against the nonprofit corporation to try and force it to start a court liquidation proceeding. The SIPC, which was created by Congress, administers an industry-backed fund that is used to compensate investors if their brokerage collapses.

  • Texas jobless rate for June steady at 5.1 percent Friday, 18 Jul 2014 | 10:53 AM ET

    Last month's seasonally adjusted figure matched the May jobless rate for Texas, halting three months of declines in statewide unemployment rates. The Texas economy added 19,100 seasonally-adjusted total nonfarm jobs in June for a total of 371,000 jobs added in the past year, according to the Austin- based TWC.