×

Top News & Analysis North Dakota

  • HOUSTON— The number of rigs exploring for oil and natural gas in the U.S. rose by seven this week to 908.. Colorado added five rigs while Alaska, New Mexico, North Dakota and Oklahoma each gained one. Arkansas, California, Kansas, Louisiana, Ohio, Pennsylvania, Utah, West Virginia and Wyoming were all unchanged.

  • The bank's wealth management unit, known as Wells Fargo Advisors, will increase recruiting offers by as much as 50 percent, according to two people briefed on the changes who asked not to be named because they were not authorized to discuss them publicly. "Attracting the industry's top talent will always be a priority for Wells Fargo Advisors," said spokeswoman...

  • The case involves Structured Trust Advantaged Repackaged Securities, or STARS. Wells Fargo said the structure exempted it from tax, which the IRS disputed. Wells Fargo says it's reviewing the ruling and determining its next steps.

  • *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...

  • WEST FARGO, N.D. _ Titan Machinery Inc. on Thursday reported a loss of $5.9 million in its fiscal first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share. Titan Machinery shares have risen 7.5 percent since the beginning of the year.

  • Alabama: Grayson Hall, Regions Financial Corp., $8 million. Arizona: Richard C. Adkerson, Freeport-McMoRan Inc., $14 million. Arkansas: Doug McMillon, Wal-Mart Stores Inc., $22.4 million.

  • WASHINGTON— President Donald Trump's proposal to sell nearly half the U.S. emergency oil stockpile is renewing debate about whether the Strategic Petroleum Reserve is still needed amid an ongoing oil production boom that has seen U.S. imports drop sharply in the past decade. The petroleum reserve, created in the wake of the 1970 s Arab oil embargo, stores oil at...

  • DALLAS— Ten of the 15 fastest-growing cities with populations of 50,000 or more were spread across the South in 2016, with four of the top five found in Texas, according to new population estimates released Thursday by the U.S. Census Bureau. The rest of the top five fastest-growing large cities were Frisco, Texas, a northern Dallas suburb, with a 6.2 percent...

  • 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— President Donald Trump's first budget proposal, snubbed by some Republican allies, is just the latest example of an administration that seems at times clueless or indifferent toward Congress. Two weeks ago, Trump fired FBI Director James Comey with little to no heads-up to GOP leaders, some of whom were left struggling to explain, much less defend,...

  • 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...

  • MERCURIA- Completed a pilot oil trade earlier this year, working with bank ING and Societe Generale, in which a "smart contract" letter of credit was set up on a blockchain while the traditional paper process ran in parallel. HSBC- Worked with Bank of America Merrill Lynch and the Infocomm Development Authority of Singapore last year on a proof of concept regarding...

  • MERCURIA- Completed a pilot oil trade earlier this year, working with bank ING and Societe Generale, in which a "smart contract" letter of credit was set up on a blockchain while the traditional paper process ran in parallel. HSBC- Worked with Bank of America Merrill Lynch and the Infocomm Development Authority of Singapore last year on a proof of concept regarding...

  • MERCURIA- Completed a pilot oil trade earlier this year, working with bank ING and Societe Generale, in which a "smart contract" letter of credit was set up on a blockchain while the traditional paper process ran in parallel. HSBC- Worked with Bank of America Merrill Lynch and the Infocomm Development Authority of Singapore last year on a proof of concept regarding...

  • MERCURIA- Completed a pilot oil trade earlier this year, working with bank ING and Societe Generale, in which a "smart contract" letter of credit was set up on a blockchain while the traditional paper process ran in parallel. HSBC- Worked with Bank of America Merrill Lynch and the Infocomm Development Authority of Singapore last year on a proof of concept regarding...

  • BISMARCK, N.D.— The Dakota Access pipeline and a feeder line leaked more than 100 gallons of oil in North Dakota in separate incidents in March as crews prepared the disputed $3.8 billion pipeline for operation. Two barrels, or 84 gallons, spilled due to a leaky flange at a pipeline terminal in Watford City on March 3, according to the state's Health Department.

  • MERCURIA- Completed a pilot oil trade earlier this year, working with bank ING and Societe Generale, in which a "smart contract" letter of credit was set up on a blockchain while the traditional paper process ran in parallel. HSBC- Worked with Bank of America Merrill Lynch and the Infocomm Development Authority of Singapore last year on a proof of concept regarding...

  • MERCURIA- Completed a pilot oil trade earlier this year, working with bank ING and Societe Generale, in which a "smart contract" letter of credit was set up on a blockchain while the traditional paper process ran in parallel. HSBC- Worked with Bank of America Merrill Lynch and the Infocomm Development Authority of Singapore last year on a proof of concept regarding...

  • MERCURIA- Completed a pilot oil trade earlier this year, working with bank ING and Societe Generale, in which a "smart contract" letter of credit was set up on a blockchain while the traditional paper process ran in parallel. HSBC- Worked with Bank of America Merrill Lynch and the Infocomm Development Authority of Singapore last year on a proof of concept regarding...

  • MERCURIA- Completed a pilot oil trade earlier this year, working with bank ING and Societe Generale, in which a "smart contract" letter of credit was set up on a blockchain while the traditional paper process ran in parallel. HSBC- Worked with Bank of America Merrill Lynch and the Infocomm Development Authority of Singapore last year on a proof of concept regarding...