The rise and fall of states on CNBC's Top States for Business ranking is a reflection of economic trends. The biggest Cinderella story: Nevada.» Read More
*Tensions in Ukraine push yen, Swiss franc higher. NEW YORK, Aug 15- The dollar fell on Friday, hurt by generally weak U.S. economic data this week and heightened tensions in Ukraine that pushed Treasury yields lower. Russia denied its forces had crossed into Ukraine, calling the Ukrainian report "some kind of fantasy.
LONDON/ FARGO, North Dakota, Aug 14- Royal Dutch Shell on Thursday announced the sale of two onshore U.S. shale gas assets in exchange for $2.1 billion and acreage in different gas-rich areas as the energy company restructures its North America business and reins in costs.
LONDON, Aug 14- Royal Dutch Shell Plc announced on Thursday the sale of onshore U.S. shale gas assets as the energy company restructures its North America production and reins in costs.
Royal Dutch Shell has agreed to sell drilling rights in shale formations in Louisiana and Wyoming for $2.1 billion in two transactions. Shell will sell its Pinedale acreage in Wyoming to Ultra Petroleum for $925 million and 155,000 acres in the Utica and Marcellus shale formations in Ohio and Pennsylvania.
Aug 14- Royal Dutch Shell Plc said it had agreed to sell its natural gas-producing properties in Wyoming's Pinedale field and Louisiana's Haynesville field for about $2.1 billion in cash.
MEMPHIS, Tenn.— The Veterans Affairs Department is in the process of holding bad employees accountable amid a scandal about long wait times for patients and other problems, VA Secretary Robert McDonald said Thursday, but he declined to say how many people were being fired and who they were.
The discovery of the deceit last month crippled the company and undermined credibility in Spain's stock market just as the country recovers from a four-year recession. Spain's judicial system does not require a formal plea and Garcia Martin has not given one.
WASHINGTON/ NEW YORK, Aug 12- Approaching a historic turn in U.S. monetary policy, Janet Yellen has staked her tenure as chair of the Federal Reserve on a simple principle: she'd rather fight inflation than another economic downturn.
The receding shoreline at one of the main reservoirs in the vast Colorado River water system is raising concerns about the future of a network serving a perennially parched region home to 40 million people and 4 million acres of farmland.
Aug 6- U.S. refiner HollyFrontier Corp reported a better-than-expected profit for the third quarter in a row and said it expects higher margins from turning crude oil into other fuels and asphalt in the current quarter. The operator of refineries in Kansas, Oklahoma, New Mexico, Wyoming and Utah has typically benefited from easy access to cheap U.S. shale crude.
Aug 6- Alpha Natural Resources Inc reported a smaller-than-expected second-quarter loss as the cost of selling coal in eastern United States declined 6 percent from the first quarter.
Aug 6- Coal miner Alpha Natural Resources Inc reported a slightly bigger adjusted net loss for the second quarter as coal prices remained weak. Alpha Natural is also being hurt by poor rail service in Wyoming's Powder River Basin, which is preventing the company from cashing in on an uptick in demand for electricity-generating coal.
Aug 6- U.S. refiner HollyFrontier Corp reported a fall in profit for the second quarter as its refining margins slumped 28 percent after a runup in U.S. crude oil prices. HollyFrontier, which operates refineries in Kansas, Oklahoma, New Mexico, Wyoming and Utah, usually benefits from access to cheap U.S. shale crude.
TOKYO, July 30- U.S. crude oil futures regained some of the previous day's losses to trade above $101 early on Wednesday, after industry data showed U.S. petroleum stockpiles fell much more sharply than expected. *U.S. crude futures for September delivery rose 8 cents to $101.05 a barrel by 0000 GMT, after finishing 70 cents lower on Tuesday.
July 29- Chesapeake Energy Corp said it would spend $1.26 billion to buy back all of the outstanding preferred shares issued by its CHK Utica unit to simplify its balance sheet and eliminate about $75 million in annual dividend payments.
WASHINGTON, July 24- Gas-rich states such as Texas should have the easiest time complying with planned Environmental Protection Agency regulations on carbon pollution from power plants, despite opposition from their lawmakers, a new study says.
July 24- Canada's Encana Corp, which is restructuring operations to end its reliance on low-value natural gas, said on Thursday oil and natural gas liquids production climbed 43 percent year-on-year in the second quarter of 2014.. Encana shares climbed 1.8 percent on the Toronto Stock Exchange to C $24.14.
"EPA goes beyond the plain reading of Clean Air Act Section 111 directing states to achieve questionable emission reduction targets from a limited menu of economically damaging and legally questionable' options'," said Senator David Vitter of Louisiana, the committee's top Republican.
July 22- Coal miner Peabody Energy Corp reported a 2 percent rise in quarterly revenue, helped by an increase in shipments and prices at its mining operations in western U.S. states such as Wyoming, Colorado and Montana.
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.