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Wires

  • TOKYO, March 27- Westinghouse Electric Co, the U.S. nuclear unit of Japan's Toshiba Corp, could file for bankruptcy protection as early as Tuesday and is seeking. support from South Korea's Korea Electric Power Corp. Sources told Reuters on Friday that Toshiba had told its main banks it planned to have Westinghouse file for bankruptcy on Friday, expanding charges...

  • TUNIS, March 26- Libya's National Oil Corporation said on Sunday that it had identified "illegal" efforts to sell crude oil without its approval and warned potential buyers not to enter into such contracts. Factions based in eastern Libya have previously tried to sell oil independently of NOC in Tripoli, but their moves have been frustrated by U.N. resolutions...

  • OSLO, March 26- Norwegian bank DNB has sold its share of loans funding the Dakota Access oil pipeline, it said on Sunday, ending its involvement in a project that has faced strong opposition from Native Americans and environmental groups. DNB announced in November that it would review its participation in the financing of the Energy Transfer Partners LP project,...

  • March 26- Highlights of the day for U.S. Fresh off a defeat on U.S. healthcare legislation, the White House warns rebellious conservative lawmakers that they should get behind Trump's agenda or he may bypass them on future legislative fights, including tax reform. Roger Stone, a longtime ally of Trump, says he has offered to testify before a congressional...

  • CAMARILLO, Calif.— The average price of a gallon of regular-grade gasoline dipped about a penny nationally during the past two weeks, to $2.34. Gas in San Francisco was the highest in the contiguous United States at an average of $3.01 a gallon Friday. The lowest was in Tulsa, Oklahoma, at $2.01 per gallon.

  • March 26- Shares of Viacom Inc could rise 40 percent in the next year as the New York- based media company's new CEO Bob Bakish focuses on its Paramount Pictures studio and a handful of its networks to turn the business around, according to Barron's. Viacom, which is controlled by 93 year-old media mogul Sumner Redstone and his daughter Shari Redstone, has been...

  • WASHINGTON, March 26- Fresh off a defeat on U.S. healthcare legislation, the White House warned rebellious conservative lawmakers that they should get behind President Donald Trump's agenda or he may bypass them on future legislative fights, including tax reform. The threat by White House chief of staff Reince Priebus to build a broad coalition on tax reform...

  • LOS ANGELES, March 26- Disney's second weekend of blockbuster "Beauty and the Beast" is dominating moviegoing in North America with $88.3 million at 4,210 locations-- capping the best March ever. Warner Bros.' action-comedy "Chips" opened with a disappointing $7.6 million at 2,464 sites. The "Beauty and the Beast" weekend is one for the record books as the...

  • The Barbie movie hit a snag last week when comedian Amy Schumer dropped out of the starring role citing scheduling conflicts. Mattel will also be on TV starting April 7 on ABC, showing its search for the next big toy idea in a competition show called "The Toy Box." Chief Operating Officer Richard Dickson says Mattel is making the winning toy now, and it will go on sale at...

  • WASHINGTON, March 26- Fresh off a defeat on U.S. healthcare legislation, the White House warned rebellious conservative lawmakers that they should get behind President Donald Trump's agenda or he may bypass them on future legislative fights, including tax reform. The threat by White House chief of staff Reince Priebus to build a broad coalition on tax reform...

  • Doug Ducey and the Arizona Legislature have given airlines a big tax break, but it comes at the expense of the city of Phoenix. Legislation signed by the Republican governor Thursday will cap the amount of jet fuel Phoenix is allowed to tax for each large carrier, costing the city about $2 million a year and benefiting American Airlines and Southwest Airlines in...

  • As Pennsylvania's governor touts the potential for billions of dollars in new investment by petrochemical manufacturers, his environmental agency is struggling to process applications to drill the natural gas wells that will be needed to supply the fledgling industry. The regulatory logjam is hurting Pennsylvania's competitiveness with other shale...

  • WASHINGTON, March 26- Fresh off a defeat on U.S. healthcare legislation, the White House warned rebellious conservative lawmakers that they should get behind President Donald Trump's agenda or he may bypass them on future legislative fights, including tax reform. The threat by White House chief of staff Reince Priebus to build a broad coalition on tax reform...

  • On the high end, Disney's live-action "Beauty and the Beast" continued enchanting audiences in its second weekend in theaters, easily topping the charts with $88.3 million, according to studio estimates Sunday. On the low end, Warner Bros.' raunchy, R-rated "CHIPS" debuted in seventh place with $7.6 million. In the middle was Lionsgate's "Power Rangers," which earned a...

  • WASHINGTON, March 26- Fresh off a defeat on U.S. healthcare legislation, the White House warned rebellious conservative lawmakers that they should get behind President Donald Trump's agenda or he may opt to bypass them on future legislative fights, including tax reform. Both Trump and White House chief of staff Reince Priebus scolded hardline conservatives...

  • *Notes low seasonal demand, non- OPEC supply rise. KUWAIT, March 26- A joint committee of ministers from OPEC and non- OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. The Organization of the Petroleum Exporting Countries and rival oil-producing nations were meeting in...

  • INDIANAPOLIS— The deal brokered by President Donald Trump to stem job losses at a Carrier Corp. factory in Indianapolis is unusual for the state of Indiana as it offers $7 million of incentives to a company still planning to cut about a third of its some 1,600 jobs. Most of the scant details that Indiana officials have released came on a one-page handout...

  • *Notes low seasonal demand, non- OPEC supply rise. KUWAIT, March 26- A joint committee of ministers from OPEC and non- OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. OPEC and 11 other leading producers including Russia agreed in December to cut their combined output by...

  • SEATTLE— Millions of gallons of raw sewage and untreated runoff have poured into the United States' second-largest estuary since a massive sewage treatment plant experienced equipment failures that forced it to stop fully treating Seattle's waste. The sewage treatment plant— Washington state's largest— is only partially treating dirty water that goes...

  • LONDON, March 26- Technology companies must cooperate more with law enforcement agencies and should stop offering a "secret place for terrorists to communicate" using encrypted messages, British interior minister Amber Rudd said on Sunday. Local media have reported that British-born Khalid Masood sent an encrypted message moments before killing four...