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Top News & Analysis Louisiana

  • TOKYO, June 2- Japan's Mitsui& Co Ltd plans to expand its liquefied natural gas trading operation as demand for the cleaner fuel spurs more spot transactions in Asia, a senior executive told Reuters. The move comes amid a big shift in the market in Asia, which takes in about 70 percent of global shipments of LNG, with traders and end users increasing their ability to...

  • SAN FRANCISCO, June 1- State governors and city mayors were quick to claim the mantle of U.S. leadership in fighting climate change after President Donald Trump said on Thursday the country will pull out of the Paris climate agreement. There is a pathway here where the rest of America in reaction to, really, what is an insane decision by president Trump, takes the...

  • WASHINGTON, June 1- U.S. factory activity edged up in May after slowing for two straight months and private employers stepped up hiring, suggesting the economy is regaining speed after struggling at the start of the year. The Institute for Supply Management said its index of national factory activity ticked up to a reading of 54.9 last month from 54.8 in April.

  • WASHINGTON, June 1- U.S. private employers stepped up hiring in May, signaling that the labor market was rapidly tightening amid a firming economy, which could encourage the Federal Reserve to raise interest rates later this month. Claims for eight states, including California, had to be estimated. "The report suggests tomorrow's jobs report will support a June...

  • WASHINGTON, May 31- The Federal Trade Commission said on Wednesday it had filed a complaint against a Louisiana state real estate appraisers board for allegedly punishing companies that set their fees too low. The FTC, which has pursued organists and other professional organizations for antitrust violations, said that the Louisiana Real Estate Appraisers...

  • NEW YORK, May 25- A number of Viacom Inc's networks, which include Nickelodeon, Comedy Central and MTV, will be available to Altice NV's Suddenlink subscribers more than two years after the cable provider dropped them in a carriage dispute, the companies said on Thursday. Netherlands- based cable operator Altice bought Suddenlink for $9.1 billion in 2015..

  • He added that the trucks comply with U.S. Environmental Protection Agency emissions standards and California's own tough emissions standards. It adds to legal problems for Detroit- based GM, which has already paid about $2.5 billion in penalties and settlements over faulty ignition switches linked to 124 deaths. They include Mercedes-Benz parent Daimler...

  • He added that the trucks comply with U.S. Environmental Protection Agency emissions standards and California's own tough emissions standards. It adds to legal problems for Detroit- based GM, which has already paid about $2.5 billion in penalties and settlements over faulty ignition switches linked to 124 deaths. They include Mercedes-Benz parent Daimler...

  • GM spokesman Dan Flores called the claims "baseless," and said the trucks comply with U.S. Environmental Protection Agency emissions standards and California's own tough standards. It adds to legal problems for Detroit- based GM, which has already paid about $2.5 billion in penalties and settlements over faulty ignition switches linked to 124 deaths.

  • *Weekly jobless claims increase 1,000. WASHINGTON, May 25- The number of Americans filing for unemployment benefits rose less than expected last week and the four-week moving average of claims fell to a 44- year low, suggesting further tightening in the labor market. Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted...

  • Trump proposes to end Gulf of Mexico oil royalties

    Four states may lose billions in future payments through the Gulf of Mexico Energy Security Act.

  • Chevron Jack/St. Malo platform in the Gulf of Mexico.

    The new White House budget proposes ending an oil and gas revenue-sharing program with the four states.

  • WASHINGTON, May 23- A Trump administration plan to sell off half the U.S. emergency crude oil stockpile to help balance the budget faces opposition in Congress, with lawmakers from both parties worried the proposal would undermine the drilling industry and make the country vulnerable to supply shocks. The White House's 2018 budget proposal, sent to Congress on...

  • WASHINGTON, May 23- A Trump administration plan to sell off half the U.S. emergency crude oil stockpile to help balance the budget faces opposition in Congress, with lawmakers from both parties worried the proposal would undermine the drilling industry and make the country vulnerable to supply shocks. The White House's 2018 budget proposal, sent to Congress on...

  • *White House proposes to sell half of U.S. *White House plan can be rejected by Congress. The White House budget, delivered to Congress on Tuesday, proposes to start selling SPR oil in fiscal 2018, which begins on Oct. 1.

  • President Donald Trump's White House wants to sell half of the nation's emergency oil stockpile and open the Alaska National Wildlife Refuge to drilling as part of plans to balance the budget over the next 10 years, documents by the administration showed. The White House budget, which will be delivered to Congress on Tuesday, is meant as a proposal and may not...

  • President Donald Trump's White House would sell half of the nation's emergency oil stockpile and open the Alaska National Wildlife Refuge to drilling as part of a plan to balance the budget over the next 10 years, documents released by the administration on Monday showed. The White House budget, which will be delivered to Congress on Tuesday, is meant as a...

  • In a joint filing with the U.S. House of Representatives submitted to the U.S. Court of Appeals for the District of Columbia Circuit, the administration and Republican lawmakers asked for a second 90- day extension. Insurers that are trying to set premium rates for insurance plans to be sold in 2018 are running up against deadlines and have repeatedly asked...

  • CHICAGO, May 19- U.S. states collected less personal income tax revenue in April than they did a year earlier, a Reuters analysis shows, and analysts said they believed high earners were shifting income to next year, hoping for tax cuts from the federal government. Removing outliers Louisiana and Oregon, which had big gains due to technical factors, magnified the...

  • NEW YORK/ LONDON/ SINGAPORE May 19- After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore started emptying millions of barrels of crude from storage tanks. The stalled drawdowns shed light on the broader challenge facing OPEC- the Organization of the Petroleum Exporting Countries- as it struggles to...