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Wires

  • CHICAGO— Environmental groups are preparing to go to court to battle President Donald Trump's efforts to roll back his predecessor's plans to curb global warming. They've hired scores of new lawyers and have been raising money for months. It includes a review of former President Barack Obama's signature plan to restrict greenhouse gas emissions from...

  • *Australia stocks highest since mid-2015, Asia up modestly. *Pound under pressure as UK formally starts Brexit. The good cheer did not extend to the pound which was on the skids as the British government sent a letter to Brussels formally starting the country's exit from the European Union.

  • HONG KONG— Asian stocks were listless Wednesday as investors weighed strong U.S. economic reports against uncertainty as Britain readies a formal request to leave the European Union. KEEPING SCORE: Tokyo's benchmark Nikkei 225 index was less than 0.1 percent lower at 19,194.20 while South Korea's Kospi was flat at 2,163.54. The request will trigger two years...

  • March 29- The last time the United States was a net exporter of natural gas was in 1957, when Dwight Eisenhower was president. Six bcfd of gas can fuel about 30 million U.S. homes, or almost every house in California, Texas and Florida combined. Just a decade ago, before the shale revolution, the United States was expected to become a growing LNG importer, not an exporter,...

  • SHANGHAI, March 29- China and Hong Kong stocks rose on Wednesday as further signs of a pick-up in global trade boosted shares of port operators and shipping companies, offseting concerns about fresh property market cooling measures. China's blue-chip CSI300 index rose 0.3 percent to 3,479.14 points by the lunch break, while the Shanghai Composite Index...

  • March 29- In the last four years, North Carolina has become the second largest solar market in the United States, behind only California. It has installed more solar energy than Texas, which has nearly three times the population; more than Arizona, which has twice as many sunny days; and more than New York, which has far more aggressive renewable energy targets.

  • HONG KONG, March 29- Fosun International Ltd, one of China's most aggressively acquisitive conglomerates, said its chief executive and vice president stepped down in a surprise reshuffle that has raised concerns over the group's strategy. The resignation of co-founder and Chief Executive Liang Xinjun and Senior Vice President Ding Guoqi will have some...

  • HARTFORD, Conn.— It took Jaclyn Bentley nearly three years to prove she didn't burn her house down for the insurance money, allegations she and her lawyer say were born of the junk practice of analyzing cellphone tower data. She was camping with her husband and co-workers at least 17 miles from her Iowa home in May 2014, she says, when it burned down.

  • The vast majority of those students are from Iran, where undergraduate programs are known for their strength in engineering and computer sciences. The ban, which would suspend immigration from Iran, Sudan, Somalia, Libya, Syria and Yemen, has been blocked by federal judges. Students from Iran have helped fill graduate programs at American colleges for years,...

  • TOKYO, March 29- The dollar pulled away from 4-1/ 2- month lows against a currency basket on Wednesday after solid data backed expectations for more U.S. interest rate hikes this year, while sterling was knocked by Britain triggering its exit from the European Union. It managed to crawl off a low of 98.858 plumbed earlier this week, its weakest level since Nov. 11, in...

  • "A resurgent U.S. dollar, along with higher U.S. yields and equities has taken the momentum out of the gold rally for now," said Jeffrey Halley, senior market analyst at OANDA. The metal was also under pressure after failing to break through its 200- day moving average at $1,260, Halley said, posting its second consecutive down day in Asia. Spot gold was down 0.3 percent...

  • HOUSTON, March 29- An aging California refinery is testing PBF Energy Inc's reputation as a turnaround whiz, with mounting production woes and costly repairs at the 88- year-old plant throwing a wrench into efforts to quickly revive profits. This week, the company lowered its estimate of first-quarter crude throughput at Torrance by 16 percent.

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ cms/? TOKYO, March 29- Japanese stocks could step back before mid-year as uncertainty over the U.S. legislative agenda and elections in Europe slow recent modest momentum but they are expected to finish the year up around 7 percent, a Reuters poll found. The Nikkei share average is forecast to trade at 19,000 at...

  • TOKYO, March 29- Toshiba Corp's troubled U.S. nuclear unit Westinghouse intends to file for Chapter 11 protection from creditors, Japan's government said on Wednesday, as the conglomerate seeks to limit losses that have plunged it into crisis. Yoshihide Suga, the government's chief spokesman, told a regular news briefing he was aware that Pittsburgh- based...

  • HONG KONG, March 29- China's yuan fell against the U.S. dollar on Wednesday as strong consumer confidence data backed expectations for more U.S. interest rate hikes this year. The People's Bank of China set the midpoint rate at 6.8915 per dollar prior to the market open, weaker than the previous fix of 6.8782. The Thomson Reuters/ HKEX Global CNH index, which tracks...

  • TOKYO, March 29- Shorter-dated Japanese government bond prices slipped on Wednesday as the market took cues from an overnight retreat by U.S. Treasuries, while the longer-dated maturities gained on month-end investor demand. JGBs took in stride Wednesday's regular debt-purchasing operation by the Bank of Japan, at which the central bank trimmed the...

  • March 28- Signet Jewelers Ltd has been hit with a securities fraud class action lawsuit, accusing the retailer of failing to disclose facts regarding sexual harassment allegations against executives at its Sterling Jewelers unit, court documents showed. The lawsuit, filed on Tuesday in Dallas federal court by Irving Firemen's Relief& Retirement Fund,...

  • high@ TAIPEI, March 29- Taiwan stocks were down on Wednesday, erasing early gains as the Taiwan dollar hovered near its strongest level in over two years. As of 0208 GMT, the main TAIEX index was down 0.1. The Taiwan dollar softened a touch to stand at.

  • SYDNEY, March 29- U.S. wheat edged higher on Wednesday, rebounding from a more than two-month low touched in the previous session, though forecasts of crop-friendly weather provided a ceiling to gains. The most active wheat futures on the Chicago Board Of Trade rose 0.1 percent to $4.25 a bushel, having closed up 0.9 percent on Tuesday. The fundamentals remain...

  • *Ex-dividend adjustments seen about 130 points. TOKYO, March 29- Japan's Nikkei share average edged down in choppy trade on Wednesday morning as ex-dividend share price adjustments pressured the market and offset positive sentiment from gains in Wall Street overnight. "The market takes heart from strong U.S. economic data, and sentiment in the overall market...