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  • Sirius XM to pay $3.8 million to settle complaints Friday, 5 Dec 2014 | 1:00 PM ET

    NEW YORK— Some Sirius XM customers, who were charged for satellite radio service they didn't want, can now apply for a refund. Those in four states, California, Hawaii, Wyoming and New York, can't apply for a refund, according to Sirius. Sirius XM Holdings Inc., based in New York, has about 26.7 million subscribers.

  • PARIS, Nov 23- The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy. Treasury Secretary Larry Summers says Europe risks "secular stagnation"- a long-term, self-perpetuating slump similar to the one that followed the Great Depression in the 1930 s. France's economy is flatlining, Italy's has fallen back into...

  • WASHINGTON, Nov 13- U.S. Senate Democrats expanded the ranks of their party leadership on Thursday to include Senator Elizabeth Warren, a leader of the party's liberal wing and a possible presidential contender in 2016.. Democrats, who lost control of the Senate in last week's midterm elections, created a new post for Warren as a strategic policy adviser to help...

  • HOUSTON, Nov 13- Oilfield Water Logistics LLC, which transports, treats and disposes of water for energy companies in the U.S. shale oil boom, said on Thursday it bought competitor WestWater Energy, the latest step towards consolidation in the fragmented sector. The acquisition means Dallas- based OWL, a recently formed company backed by a unit of private equity...

  • CHICAGO, Nov 13- Farmland values in the central U.S. Plains held mostly steady in the July-September quarter compared to a year ago, with land prices and loan demand generally tracking commodity price trends, the Federal Reserve Bank of Kansas City said on Thursday. The bank's district includes Kansas, Nebraska, Oklahoma, western Missouri, eastern Colorado and...

  • Nov 5- U.S. refiner HollyFrontier Corp reported its first profit miss in four quarters as sales volumes fell and operating expenses rose due to reduced activity at two refineries. HollyFrontier shares fell as much as 5.5 percent, while most other energy stocks rose after Republicans gained control of the U.S. Senate. HollyFrontier's results contrasted those...

  • Nov 5- U.S. refiner HollyFrontier Corp reported a lower-than-expected profit for the first time in four quarters, hurt by higher operating expenses. A revamp of HollyFrontier's El Dorado refinery in Kansas and a temporary shutdown of a pipeline to the Cheyenne refinery in Wyoming weighed on refining operations. HollyFrontier has benefited so far from access...

  • With opinion polls showing the odds for Senate control increasingly in their favor, Republicans are exploring a series of efforts to repeal some of Obamacare's taxes and penalties on businesses. Senate Republican Leader Mitch McConnell came under fire from conservatives critics last week after saying the party was unlikely to have the 60 Senate votes, out...

  • HOUSTON, Oct 31- Tesoro Corp doesn't expect to add stabilizers that remove flammable natural gas liquids from crude in North Dakota's prolific Bakken shale, where the company is expanding its pipeline infrastructure, Chief Executive Officer Greg Goff said on Friday. North Dakota plans to issue new rules for the treatment of crude on Nov. 13 to address the...

  • LONDON, Oct 30- According to many commentators, cheap natural gas is producing a renaissance in U.S. manufacturing and putting European competitors at a disadvantage. But empirical studies show the impact has been small and concentrated in a handful of energy-intensive industries that account for only a small share of manufacturing value-added.

  • LONDON, Oct 27- Thanks to shale, energy-producing states have been the strongest economic performers in the United States over the past decade, sharply improving their position compared with the energy-consuming states. Only 13 of the 50 states produced more energy than they consumed in 2010, the latest year for which comprehensive data is available,...

  • INSIGHT-Mario Draghi's German problem Thursday, 23 Oct 2014 | 11:01 AM ET

    *Berlin criticism of ECB course reaches new heights. BERLIN/ FRANKFURT/ PARIS, Oct 23- In early October, European Central Bank board member Benoit Coeure paid a discreet visit to the Chancellery in Berlin to express concerns about rising criticism of the bank from German politicians. The Frenchman, one of ECB President Mario Draghi's closest allies in Frankfurt,...

  • But a Reuters investigation found in 2012 that coal companies were using affiliated brokers to settle royalty payments on exports to Asia at much lower domestic prices. The findings prompted Senator Ron Wyden, a Democrat from Oregon, to call on the U.S. Interior Department early last year to investigate the practice. While that review continues, the U.S. Office...

  • After the financial crisis of 2007-2009, a number of ailing U.S. refineries were sold to investors such as Carlyle Group and Delta Air Lines Inc, which lacked the credit agreements or oil trading expertise to efficiently supply their new plants. On Tuesday, Philadelphia Energy Solutions LLC, the biggest refinery on the East Coast, became the latest to join the...

  • LONDON, Oct 8- Record low inflation expectations are reinforcing a two-year-old rally in euro zone bonds as they keep alive bets on further monetary easing despite signals from the European Central Bank that it's in no hurry to do more. Bonds sold off last week after ECB President Mario Draghi gave no hint that a big programme of sovereign bond buying, known as...

  • *Republicans plan to force a vote if they win Senate. The $10 billion Keystone project to connect Canadian oil sands with U.S. refineries will top the list of Republican energy priorities if they gain control of the Senate after the Nov. 4 midterm elections.

  • WASHINGTON, Sept 29- The U.S. Supreme Court on Monday had a change of heart and dismissed a case it had previously agreed to hear on whether class action claims against underwriters of securities issued by a unit of the now-defunct IndyMac Bancorp Inc should be able to proceed.

  • *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."

  • BRUSSELS, Sept 22- The European Central Bank stands ready to use additional unconventional tools if needed to spur inflation and growth in the euro zone, ECB President Mario Draghi said on Monday. Such quantitative easing, or QE, would face strong resistance in Germany.

  • Sept 16- Bill Barrett Corp said it would exchange most of its acreage in Wyoming's Powder River Basin for oil-producing assets in Colorado, and also sell some natural gas assets in the state.