Boca Raton, Fla, March 11- The U.S. swaps regulator is studying whether it should regulate electronic currencies such as bitcoin, its acting head said on Tuesday, as regulators across the globe start taking the emerging technology more seriously.» Read More
DENVER-- SM Energy Co. said Thursday that it has promoted Javan Ottoson, the oil and gas company's chief operating officer, to president. SM Energy said the promotion recognizes Ottoson's contributions to the company over the years. Shares of the company, which is based in Denver, increased 15 cents to $53.07 in midday trading Thursday.
NO GLOWING REPORT: The EU Energy Commissioner says the cost of necessary improvements at the 145 nuclear reactors in the European Union could amount to billions over the coming years. CORE CRITICISM: The report criticized authorities for not using appropriate standards to assess risks.
MESA, Ariz.-- Spirit Airlines Inc. is kicking off its new service and Denver International Airport and Phoenix-Mesa Gateway Airport. The Florida- based low cost carrier will have one daily non-stop each way beginning Thursday. The flights leave Denver at midmorning each day and leave the east Phoenix suburb of Mesa for the return late in the morning.
NEW ORLEANS-- The Coast Guard says an estimated 76 gallons of crude oil spilled from an oil platform operated by Apache Corp. off the coast of southeast Louisiana. Petty Officer 2nd Class Bill Colclough said the spill was reported to authorities on Tuesday.
LITTLE ROCK, Ark.-- The Arkansas Supreme Court on Thursday rejected a proposed ballot measure that would have given a professional poker player the exclusive rights to operate casinos in four of the state's counties.
INDIANAPOLIS-- The severe drought conditions that troubled Indiana through the summer have largely dissipated, with a federal report showing the state's dryness in its best condition since mid-June. Drought Monitor's weekly report released Thursday listed about 15 percent of Indiana in severe drought, mostly in the state's southeastern corner.
CHEYENNE, Wyo.-- A study ranks Wyoming among the least energy-efficient states in the nation. The study by the American Council for an Energy-Efficient Economy ranks Wyoming 48th out of 50 states and the District of Columbia.
NEW YORK-- More than a billion people now log into Facebook each month to check up on old friends, tag photos of new ones and post about politics, religion, cats or what their kids are doing. The latest milestone also amounts to nearly half of the world's roughly 2.5 billion Internet users, as measured by the International Telecommunications Union.
The price of oil is rising the most in two months after tensions rose between Syria and Turkey. Oil rose to $91.63, a jump of $3.49, or 4 percent, in morning trading on the New York Mercantile Exchange. The increase came as Turkey's military fired on targets in Syria for the second day.
LONDON-- Unilever has announced that it will consider selling its Skippy peanut butter business in the US and Canada as part of a strategic review. The company says it is also considering other options for the brand.
NICOSIA, Cyprus-- Cyprus is aiming to get a bailout of about 11.5 billion from the other 16 countries that use the euro to recapitalize its troubled banks and pay its bills, officials said Thursday _ significantly less than what its potential rescuers estimate it needs.
ANCHORAGE, Alaska-- The day Alaskans highly anticipate has arrived with the distribution of dividend checks from the state's oil savings account. This year's $878 dividend from the Alaska Permanent Fund will be directly deposited Thursday into the bank accounts of eligible residents who choose that route.
CHEYENNE, Wyo.-- Wyoming's unemployment rate increased slightly to 5.7 percent in August. For the month of August, Fremont County posted the highest unemployment rate in the state at 6.6 percent, followed by Lincoln County at 6.4 percent, Big Horn at 6.1 percent and Laramie at 5.9 percent.
LONDON-- The NBA is coming back to London with a regular-season game between the Detroit Pistons and New York Knicks in January. The NBA says the Pistons and Knicks will play on Jan. 17 at the O2 Arena, the site of this year's Olympic gold-medal game.
FRESH LOWS: Average U.S. rates on fixed mortgages fell again to record lows this week, making home-buying and refinancing more attractive. THE NUMBERS: The average rate on the 30- year mortgage dropped to 3.36 percent, the lowest since long-term mortgages began in the 1950 s.
VAN BUREN TOWNSHIP, Mich.-- Auto parts maker Visteon Corp. said Wednesday that Martin Welch has stepped down as chief financial officer. Visteon, the former parts arm of Ford Motor Co., said Corporate Controller and Chief Accounting Officer Michael Widgren will be its interim CFO. Visteon's shares rose 39 cents to $45.88 in morning trading.
NEW DELHI-- India's Cabinet pushed ahead with a second wave of economic reform proposals, endorsing higher levels of foreign investment in insurance and pension funds and amendments to laws governing competition, Finance Minister Palaniappan Chidambaram said.
The price of oil is higher after tensions rose between Syria and Turkey. Oil rose to $89.21, a jump of $1.06, or 1.2 percent, in morning trading on the New York Mercantile Exchange. The increase in prices came as Turkey's military fired on targets in Syria for the second day.
NORFOLK, Va.-- Virginia Port Authority officials are holding a public hearing on proposals to privatize some of the Port of Virginia's operations. The Port of Virginia is the third-largest port on the East Coast. But state officials have been frustrated that it hasn't rebounded from the recession as quickly as its competitors in New York and Savannah, Ga., have.
WASHINGTON-- Orders to U.S. factories fell in August from July, mostly because of a sharp drop in volatile aircraft orders. The decline offset an increase in orders that reflect corporate investment plans. The Commerce Department said Thursday that factory orders dropped 5.2 percent in August, the biggest decline in more than three years.