CNBC's Meg Tirrell reports the person with the first confirmed case of Ebola in the U.S. is in serious but stable condition, and all of his contacts are being monitored.» Read More
NEW YORK— Oil and natural gas company Encana is buying Athlon Energy Inc. for $5.93 billion in an effort to boost is oil production by tapping into Texas's booming Permian Basin. Canada's Encana Corp. will also assume $1.15 billion in debt, bringing the transaction's total value to approximately $7.1 billion.
Dave& Buster's Entertainment Inc. is the parent company of Dave& Buster's Inc., which runs facilities that sell food and drinks and also offer video games, televisions to watch sports and other activities.
Sept 29- Encana Corp, Canada's largest natural gas producer, said it would buy Athlon Energy Inc for $5.93 billion in cash, excluding debt, as it accelerates its plan to focus on more-lucrative oil and natural-gas liquids.
BOSTON— Boston City Council members kicked off a discussion Monday on possibly giving themselves each a $25,000 raise to bring their salaries more in line with their counterparts in New York and other major U.S. cities, even as questions arise over whether the proposal violates Massachusetts law.
WASHINGTON, Sept 28- Richard Fisher, president of the Dallas Federal Reserve Bank, said the United States risks falling behind the curve on inflation as wage pressure starts to bubble in some parts of the country.
JERUSALEM— It was supposed to be a record-breaking year for tourist visits to Israel. But all that changed when the 50- day war between Israel and Hamas prompted jittery travelers to cancel trips en masse, leaving empty hotel rooms and barren tourist sites in their wake. Israel and Hamas signed a cease-fire on Aug. 26.
BOSTON— A renowned technology hub that is home to some of the country's top universities, Boston is emerging as an unlikely battleground for web-based businesses like Airbnb and Uber, with some saying more regulations are needed to prevent the upstarts from disrupting communities and more established industries.
NELIGH, Neb.— Roughly 8,000 people filled a northeast Nebraska farm Saturday to hear Willie Nelson and Neil Young perform at a concert organized by opponents of the proposed Keystone XL pipeline. The Lincoln Journal Star reports politicians and activists spoke to the crowd on Art and Helen Tanderup's farm about the pipeline project between performances.
CHICAGO— Airlines were scrambling to accommodate travelers whose flights were canceled after a contract employee allegedly set a fire at a suburban Chicago air traffic control center where he worked, halting flights at two of the nation's busiest airports. By Friday night, more than 2,000 flights in and out of Chicago had been canceled.
HOUSTON, Sept 26- Brent crude futures ended flat on Friday as improving supply and concerns about tepid demand for oil in Europe and China offset concerns about the Middle East conflicts, while U.S. crude rose on supportive economic data from the United States.
NEW YORK/ LONDON, Sept 26- Gold fell on Friday as a dollar-driven rally encouraged by U.S. economic growth dimmed bullion's investment appeal, sending the metal's prices toward a key support level at $1,200 an ounce. Bullion posted its fourth consecutive weekly loss, its longest losing streak since April 2013, after the U.S.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. was unchanged this week, holding at 1,931.. Of the major oil- and gas-producing states, Wyoming gained three rigs, New Mexico increased by two and Alaska, Colorado and West Virginia each gained one.
HONOLULU— Hawaii's largest independent gasoline operator is being sold to a Texas company for $240 million. Houston- based Susser Petroleum MLP said Thursday it will buy Aloha Petroleum Ltd. Aloha has nearly 100 gas stations and is one of the largest convenience store operators in Hawaii with 44 stores.
SALT LAKE CITY— No charges will be filed in a case involving a woman who nearly died after unknowingly drinking iced tea mixed with chemicals at a suburban Salt Lake City restaurant, prosecutors said Friday.
BISMARCK, N.D.— A Montana executive pleaded guilty to dumping toxic drilling liquid and endangering the drinking water of a county in southwest North Dakota.
*Medicaid expansion key part of Obama's healthcare reform. Up to a dozen states, including several led by Republicans, could move forward with plans to expand coverage under Medicaid after the November elections. Texas Governor Rick Perry once said expanding Medicaid would be similar to "adding a thousand people to the Titanic."
The usual autumn decline of the price of gasoline is getting an assist from lower global oil prices. Up to 30 states could see an average price below $3 a gallon by the end of the year. Source: AAA, OPIS and Wright Express.
Meat prices will likely continue to experience the effects of the Texas/ Oklahoma drought on cattle herds and Porcine Epidemic Diarrhea virus on the pig herd in the immediate future, USDA said, as farmers' decisions on calving and herd sizes based on current conditions will only kick in after some 6 to 18 months,.
District Judge Shira Scheindlin wrote of her order against Sam Wyly and the estate of his brother, Charles. She ordered Sam Wyly and the estate of his brother, Charles, to surrender more than $187 million.
BILLINGS, Montana— The oil industry's lead trade group released new standards on Thursday for testing and classifying crude shipped by rail after prior shipments were misclassified, including a train that derailed in Canada and killed 47 people.