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Top News & Analysis North Dakota

  • CALGARY, Alberta, Jan 9- A Native American tribe in Wisconsin has voted against renewing agreements allowing Enbridge Inc to use their land for a major crude oil pipeline, the latest sign of increasing opposition to North American energy infrastructure. "We are surprised to learn of the Bad River Band's decision not to renew individual easements within the...

  • Jan 5- A rise in technology stocks helped the Nasdaq eke out small gains on Thursday but was not enough to pull the S&P 500 and the Dow into the black as banks stocks weighed. U.S. stocks rallied for nearly two months since Donald Trump's victory in the presidential election in November, taking the Dow tantalizingly close to the historic 20,000 mark.

  • Jan 4- Big U.S. banks are set on getting Congress this year to loosen or eliminate the Volcker rule against using depositors' funds for speculative bets on the bank's own account, a test case of whether Wall Street can flex its muscle in Washington again. In interviews over the past several weeks, half a dozen industry lobbyists said they began meeting with...

  • Dec 23- The U.S. Department of Justice has subpoenaed a high-profile whistleblower in its criminal investigation into Wells Fargo& Co's opening of accounts without customer permission. U.S. prosecutors in San Francisco have asked Wells Fargo banker Yesenia Guitron, who lost a private lawsuit against the fourth-largest lender, to testify before a grand jury...

  • Blackstone is discussing joining the deal with Jamie Welch, who previously served as chief financial officer of ETP parent Energy Transfer Equity LP. The deal is expected to be valued at about $5 billion or more, the Wall Street Journal, who first reported the proposed deals, said earlier on Thursday. The U.S. Army Corps of Engineers earlier this month rejected an...

  • Dec 22- Private-equity firm Blackstone Group LP is in talks to buy a stake in assets owned by Energy Transfer Partners LP, the company building the controversial Dakota Access pipeline, the Wall Street Journal reported. Blackstone is discussing joining the deal with Energy Transfer's former chief financial officer, Jamie Welch, the paper reported, citing...

  • HOUSTON, Dec 6- As oil prices recover and U.S. shale production picks up, energy companies that had planned to ship crude on the Dakota Access Pipeline will turn to rail, a transport method that poses its own risks to the environment and local communities. Sunday's decision by U.S. Army Corps of Engineers to deny Energy Transfer Partners an easement to complete the...

  • HOUSTON, Dec 21- U.S. pipeline regulators on Wednesday ordered Belle Fourche Pipeline Co to improve leak detection, along with other actions, after a Dec. 5 incident that spilled about 4,200 barrels of oil in North Dakota. The U.S. Pipeline and Hazardous Materials Safety Administration issued a corrective action order to Belle Fourche, which is owned by True Cos.

  • HOUSTON, Dec 21- U.S. pipeline regulators on Wednesday ordered Belle Fourche Pipeline Co to improve leak detection, along with other actions, after a Dec. 5 incident that spilled about 4,200 barrels of oil in North Dakota. The U.S. Pipeline and Hazardous Materials Safety Administration issued a corrective action order to Belle Fourche, which is owned by True Cos.

  • President Barack Obama on Tuesday banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in a push to leave his stamp on the environment before Republican Donald Trump takes office next month. The ban affects 115 million acres of federal waters off Alaska in the Chukchi Sea and most of the Beaufort Sea and 3.8 million acres in the...

  • Dec 20- The Dow and Nasdaq Composite rose to record highs on Tuesday in a rally fueled by optimism about U.S. U.S. stocks have been on a tear since the Nov. 8 presidential election, with the Dow up 9 percent and the S&P 500 gaining 6 percent on bets that Trump's plans for deregulation and infrastructure spending will boost the economy. "The market is focused on the Trump...

  • President Barack Obama on Tuesday permanently banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in one of his last environmental pushes before he leaves office next month. The ban affects federal waters off Alaska in the Chukchi Sea and most of the Beaufort Sea and in the Atlantic from New England to Chesapeake Bay.

  • Dec 20- U.S. stocks rose on Tuesday with the Dow nearing 20,000, a level it has never breached, in a rally fueled by optimism about President-elect Donald Trump's policies. U.S. stocks have been on a tear since the Nov. 8 presidential election, with the Dow up 9 percent and the S&P 500 gaining more than 6 percent on bets that Trump's plans for deregulation and...

  • Dec 20- U.S. stocks eased off their session highs in early afternoon trading on Tuesday, but the Dow was still within spitting distance of 20,000, a level it has never breached. U.S. stocks have been on a tear since the Nov. 8 presidential election, with the Dow up 9 percent and the S&P 500 more than 6 percent on bets that President-elect Donald Trump's plans for...

  • CANNON BALL, N.D., Dec 18- Two weeks after a victory in their fight against the Dakota Access Pipeline, most protesters have cleared out of the main protest camp in North Dakota- but about 1,000 are still there, and plan to remain through the winter. "I've seen some of my friends leave but I will be here until the end and will stand up to Trump if he decides to approve the...

  • The bank agreed in September to pay regulators $185 million to settle charges that its staff opened as many as 2 million accounts without customers' knowledge. Wells Fargo said on Friday consumer checking account openings fell 9 percent in November from the previous month, and were down 41 percent from a year earlier. "In the near term, we still have a lot of work to...

  • *Brent fails to break $53 a barrel technical support. *OPEC members to cut oil deliveries to Asia customers in January. NEW YORK, Dec 15- Oil settled little changed on Thursday after sliding to its lowest level in a week in volatile trade, but a surging dollar did not pressure prices below technical support levels as OPEC members told customers they would cut crude...

  • The civil lawsuit, led by antitrust investigators in Connecticut, comes one day after the U.S. Department of Justice filed criminal charges against two generic drug industry executives, alleging that they colluded to fix prices and split up market share. "We believe that this is the tip of the iceberg," Connecticut Attorney General George Jepsen told Reuters in...

  • WASHINGTON, Dec 15- Twenty states filed a lawsuit Thursday against Mylan NV, Teva Pharmaceuticals and four other generic drug makers, saying they conspired on pricing of two common generic drugs, according to a copy of the complaint. The civil lawsuit is one piece of a broader generic drug pricing probe that remains under way at the state and federal level, as well...

  • WASHINGTON, Dec 15- Connecticut and 19 other states filed a lawsuit on Thursday against Mylan NV, Teva Pharmaceuticals and four other generic drug makers saying they entered into illegal conspiracies that raised prices on two common generic drugs, the New York state attorney general's office said in a statement. The civil lawsuit is one piece of broader...