Texas and Oklahoma were bracing Monday for a second round of severe storms and hail the size of tennis balls, reports NBC News. » Read More
NEW YORK, Nov 6- Oil surged more than 2 percent on Tuesday, rallying for a second straight day and receiving a lift from gains on Wall Street and a weaker dollar as investors awaited U.S. election results. President Barack Obama and Republican challenger Mitt Romney were neck-and-neck as Americans cast votes for president and Congress, polls showed on Tuesday.
U.S. gasoline futures pushed higher as the effort to restart the New York Harbor energy network after Hurricane Sandy hit a bump on Monday when Phillips 66 said its Bayway refinery in Linden, New Jersey, will take two to three weeks to resume operations.
VANCOUVER, Nov 4- In this era of pipelines spanning thousands of miles, the idea of shipping crude across North America in railway cars might seem a quaint throwback to the oil pioneering days of the West.
Nov 2- Chesapeake Energy Corp's target to pare debt to $9.5 billion or less by the end of the year may be pushed into 2013, along with some deal closings, the company's chief financial officer told analysts on Friday.
Nov 1- Chesapeake Energy Corp reported a net loss on Thursday compared with a year-ago profit, as low natural gas prices caused the U.S. oil and gas company to write down the value of some assets.
OKLAHOMA CITY-- Chesapeake Energy Corp. said Thursday that it arranged a new $2 billion loan to help repay some existing loan and credit facilities. Chesapeake said last month that it will sell off vast portions of its land and infrastructure in Texas in a series of deals worth roughly $7 billion.
HOUSTON, Oct 31- Phillips 66' s increased access to cheaper crude oil from the United States and Canada boosted its quarterly profits above analyst expectations after the U.S. refining company spun off from ConocoPhillips earlier this year, the company reported on Wednesday.
TULSA, Okla.-- Williams Cos. Inc. said Wednesday it has agreed to sell an 83 percent stake in an olefins production facility and other assets to its business segment, Williams Partners LP, for $2.36 billion. Williams Partners also will acquire Williams' refinery- grade propylene splitter and pipelines in the Gulf region.
HOUSTON, Oct 31- Increased access to cheaper crude oil from the United States and Canada boosted Phillips 66' s quarterly profits above analyst expectations after the U.S. refining company spun off from ConocoPhillips earlier this year, the company reported on Wednesday.
Fans want to see certain NBA matchups very badly, and in some of these cases this has driven up prices for those games by 400 percent or more. Read ahead to see the 10 most expensive NBA tickets of the 2012-2013 season.
CHARLOTTE, N.C.-- Here was Chas Kaufmann's life before the Great Recession: $28,000 in restaurant tabs in a year, cruises, house parties with fireworks. Now: "We mainly shop at Sam's Club and portion out our meals. We spend $4 to $5 a night on eating. "
Oct 26- Individual donors to U.S. presidential candidates can contribute up to $2,500 for the state-by-state party nominating contests and another $2,500 for the general election.
WASHINGTON-- It's halftime for the season of corporate earnings reports, and investors are in desperate need of a locker-room pep talk.
TULSA, Okla.-- The Department of Labor announced Thursday it is suing a Tulsa, Okla.- area restaurant chain over nearly $1 million in unpaid wages it alleges the business owes to more than 220 employees.
OKLAHOMA CITY-- The Oklahoma State Board of Education has approved a $2.3 billion budget request from Oklahoma lawmakers that includes additional funding for teacher pay raises. The request represents a $289 million increase over the funding levels for the current fiscal year.
TULSA, Okla.-- The Department of Labor announced Thursday it is suing a Tulsa- area restaurant chain over nearly $1 million in unpaid wages it alleges the business owes to more than 220 employees.
But government attorneys claim Hobby Lobby cannot claim to exercise religion to avoid laws designed to regulate commercial activity. "Hobby Lobby is a for-profit, secular employer, and a secular entity by definition does not exercise religion," the government said.
JACKSON, Miss.-- An Oklahoma Indian tribe is moving forward with buying the DiamondJacks casinos in Bossier City, La., and Vicksburg, Miss.. Wilmington Trust, a Delaware institution, leads a syndicate holding $181 million in secured debt with the first claim on Legends assets.
NEW YORK, Oct 24- U.S. crude oil stocks rose sharply last week as imports increased and refinery utilization fell, government data showed on Wednesday. Domestic stocks of crude rose by 5.9 million barrels in the week to Oct. 19, the Energy Information Administration reported.
NEW YORK-- Nobody was expecting this round of corporate financial reports to be great. But underwhelming results _ particularly revenue, which offers a read on the economy _ are still rattling investors.