Top News & Analysis North Dakota

More

  • July 21- Amazon.com Inc is entering the student loan business in a partnership with Wells Fargo& Co, offering cheaper rates for loans to Amazon customers who pay for a "Prime Student" subscription. That's what they want out of this deal, " John Rasmussen, head of Wells Fargo's Personal Lending Group, said in an interview. Wells Fargo charges between 3.39 percent and...

  • BISMARCK, N.D.— Fuel tax collections for North Dakota's Transportation Department are tanking with fewer vehicles on the road due to the state's economic slowdown, the agency's director said Thursday. North Dakota has a 23- cents- a-gallon tax on motor fuel, which has not been raised since 2005 and is a nickel less than the national average. Each penny of North...

  • July 21- Amazon.com Inc is entering the student loan business in a partnership with Wells Fargo& Co, the companies announced Thursday. That's what they want out of this deal, " John Rasmussen, head of Wells Fargo's Personal Lending Group, said in an interview. Wells Fargo charges between 3.39 percent and 9.03 percent for a variable-rate student loan, and from 5.94...

  • In addition to a $61 million penalty, the deal requires spending on measures to prevent future spills, detect leaks and prepare for emergencies across Enbridge's Lakehead network, a web of 14 pipelines extending more than 2,000 miles across seven states. Additionally, Enbridge pledged to replace 300 miles of a pipeline, pay $1 million for a separate 2010 spill...

  • WASHINGTON, July 18- U.S. oil refiners Tesoro Corp and Par Hawaii Refining reached a $425 million settlement with the United States on Monday to resolve air quality violations at six refineries in Western states, the government announced on Monday. The accord requires the companies to invest $403 million in new equipment to better control air emissions at...

  • WASHINGTON, July 18- U.S. oil refiners Tesoro Corp and Par Hawaii Refining reached a $425 million settlement with the United States on Monday to resolve air quality violations at six refineries in Western states, the government announced Monday. The accord requires the companies to invest $403 million in new equipment to better control air emissions at...

  • WASHINGTON, July 18- U.S. oil refiner Tesoro Corp said on Monday it has reached a $10.4 million settlement with the United States for air quality violations at refineries in six Western states. Under the settlement, Tesoro will also invest $400 million in technology to better control air emissions at operations in Alaska, Northern California, North Dakota, Utah,...

  • SEATTLE— The Justice Department and the U.S. Environmental Protection Agency on Monday announced a $425 million settlement with two companies to reduce air pollution at six petroleum refineries in the West. It covers five refineries that Tesoro operates in Kenai, Alaska; Anacortes, Washington; Salt Lake City, Utah; Mandan, North Dakota; and Martinez, California.

  • CHICAGO— Fracking may worsen asthma in children and adults who live near sites where the oil and gas drilling method is used, according to an 8- year study in Pennsylvania. Fracking and improved drilling methods led to a boom in production of oil and gas in several U.S. states, including Pennsylvania, North Dakota, Oklahoma, Texas and Colorado.

  • LONDON, July 18- Wells Fargo has agreed to buy an 11- storey office development project in London's City financial district from HB Reavis, the U.S. bank said on Monday, one of the largest UK real estate deals since Britain voted to leave the European Union. The purchase of the building at 33 Central, King William Street-- close to the Bank of England and the River Thames--...

  • In a decision that could end 15 years of litigation, the 2nd U.S. Circuit Court of Appeals in Manhattan said U.S. District Judge John Koeltl met a high legal standard in finding that borrowers whose mortgages had been owned or serviced by The Money Store and HomEq Servicing could not sue as a group. Borrowers accused The Money Store and HomEq of improperly charging...

  • Even as the San Francisco- based lender extended more loans, its profits fell 3.5 percent because it has started setting aside more money for possible losses in the future. Wells Fargo's shares fell 3 percent in afternoon trading following the results. At least five analysts asked Chief Executive John Stumpf and Chief Financial Officer John Shrewsberry about...

  • The bank, the biggest U.S. mortgage lender, said its net income applicable to common shareholders fell to $5.2 billion in the second quarter, from $5.4 billion a year earlier. Earnings per share slipped to $1.01 from $1.03, matching the average analyst forecast, according to Thomson Reuters I/B/E/S. Wells Fargo's $950.8 billion worth of average loans during the...

  • The bank, which is also the biggest U.S. mortgage lender and a major lender to the energy sector, said its net income applicable to common shareholders fell to $5.17 billion in the second quarter ended June 30, from $5.36 billion a year earlier. Earnings per share slipped to $1.01 from $1.03, matching the average analyst forecast, according to Thomson Reuters...

  • Sarah Paulson was nominated as best actress in a limited series for playing the lead prosecutor, Marcia Clark, and Courtney B. Vance was nominated for his performance as defense attorney Johnnie Cochran, who led Simpson's "Dream Team" of lawyers in winning his acquittal. The FX crime drama " Fargo," loosely based on Joel and Ethan Coen's motion picture of the same name,...

  • Sarah Paulson was nominated as best actress in a limited series for playing the lead prosecutor, Marcia Clark, and Courtney B. Vance was nominated for his performance as defense attorney Johnnie Cochran, who led Simpson's "Dream Team" of lawyers in winning his acquittal. The FX crime drama " Fargo," loosely based on Joel and Ethan Coen's motion picture of the same name,...

  • NEW YORK, July 14- JP Morgan on Thursday announced a new 10- year benchmark US dollar bond, shortly after releasing strong second-quarter earnings that boosted US equity indexes. Phil Jacoby, chief investment officer at Spectrum Asset Management, said that Rabo's deal looked attractive. Along with continued monetary easing from the European Central Bank, it...

  • Top States North Dakota

    The economy has become quiet in the Peace Garden State, but low oil prices have also calmed the quality of life.

  • LONDON, July 12- U.S. bank Wells Fargo has joined the more than 60 banks worldwide that process currency transactions directly through the settlement systems run by U.S.-based lender CLS, the two banks said in a statement on Tuesday. With a number of the currency world's biggest European-based players cutting back on investment banking and the volume of...

  • While the result was little changed from the previous survey on June 15, the question on Wall Street now was not whether the Fed could manage one or two rate hikes, but whether it could pull off even one. For those who thought the Fed would not raise rates this year, the key factor was overseas risk that could hurt the U.S. economy, namely fallout from Britain's June 23...