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  • NEW YORK, June 28- Three movie financiers were arrested on Tuesday on charges they defrauded investors of $12 million that was provided to produce films starring, among others Harry Connick Jr and Willie Nelson. An indictment filed in Manhattan federal court accused James David Williams, Steven Brown and Gerald Seppala of engaging in a conspiracy to...

  • The ruling, which the White House vowed to appeal, halts the administration's efforts to address what it sees as safety concerns in the industry and reverses what producers had seen as a first step toward full federal regulation of all fracking activity. The U.S. Interior Department's Bureau of Land Management lacked Congressional authority to set fracking...

  • June 22- A federal judge in Wyoming has set aside new regulations for hydraulic fracturing on public lands, a victory for oil and gas producers who vehemently opposed the rules. District Judge Scott Skavdahl in Wyoming ruled on Tuesday. Skavdahl said the issue before the court was not whether hydraulic fracturing is good or bad, but whether Congress gave the...

  • June 22- A federal judge in Wyoming has set aside new regulations for hydraulic fracturing on public lands that were vehemently opposed by oil and gas producers. District Judge Scott Skavdahl in Wyoming ruled on Tuesday. "Only Congress can write laws.

  • NEW YORK, June 21- State budgets finally returned to their pre-recession peaks in fiscal 2016 after eight years, once adjusted for inflation, according to a survey published on Tuesday. Aggregate 50- state general fund spending and revenues have now surpassed the peaks they hit in fiscal 2008, the National Association of State Budget Officers reported in the...

  • June 10- Irving Oil's refinery in the Canadian province of New Brunswick spewed an excessive amount of ash-like catalyst into the surrounding city of Saint John at least a dozen times since 2010 as regulators launched and later abandoned a study of its health impacts, according to filings reviewed by Reuters. The previously unreported documents from Irving...

  • WASHINGTON, June 2- Federal Reserve Chair Janet Yellen plans to speak on Aug. 26 at the central bank's annual conference in Jackson Hole, Wyoming, a Fed official said on Thursday.

  • WASHINGTON, June 2- Federal Reserve Chair Janet Yellen plans to speak on Aug. 26 at the central bank's annual conference in Jackson Hole, Wyoming, a Fed official said on Thursday.

  • Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 267,000 for the week ended May 28, the Labor Department said on Thursday. A Labor Department analyst said there were no special factors influencing last week's claims data. However, claims for Tennessee, Virginia, Wyoming, Puerto Rico and Hawaii were estimated because of the...

  • Among the states affected are Florida and Oklahoma, which have been among the leaders in executions since the U.S. Supreme Court reinstated the death penalty in 1976.. Drug scarcity is also an obstacle for Alabama, Arizona, Arkansas, Delaware, Indiana, Kentucky, Louisiana, Mississippi, South Carolina, Tennessee and Wyoming. Ohio, which has executed 53 inmates since...

  • Under the plan with creditors, Linn will spin off Berry Petroleum Co LLC, acquired in 2013 for $4.3 billion to create one of the largest independent energy producers. We believe that these steps will provide us the financial flexibility to successfully manage in the current commodity price environment, "Chief Executive Officer Mark Ellis said in a statement.

  • The oil and natural gas producer, which did not identify the buyers, said it will divest all of its Wyoming upstream and midstream assets for $870 million, excluding closing adjustments. The Wyoming properties, mainly waterflood developments in the Big Horn and Wind River basins, averaged 16,500 barrels of oil equivalent per day in first quarter 2016...

  • April 11- Marathon Oil Corporation said on Monday it had agreed to sell certain non-core assets for $950 million, bringing its total sales through divestitures to about $1.3 billion since last August. Marathon said it will also sell its 10 percent working interest in the Shenandoah discovery in the Gulf of Mexico, operated natural gas assets in the Piceance...

  • *Greybull deal saves more than 4,400 jobs in UK, 400 in France. As Tata formally announced the sale of its steel assets in Britain, turnaround specialist Greybull Capital LLP said it would buy the Indian company's Long Products Europe division in Scunthorpe, northern England, which employs 4,400. It declined to rule out further purchases of Tata's British steel...

  • *Greybull deal saves more than 4,000 jobs. Greybull said it would buy Tata's Long Products Europe division in Scunthorpe, northern England, which employs 4,400, while the process to secure a buyer to save the Indian steelmaker's other major plant at Port Talbot in Wales also kicked off on Monday. Greybull said it was arranging a 400 million pound investment and...

  • March 31- Peabody Energy Corp, the largest U.S. coal producer, said it would lay off about 235 employees at a mine in the Powder River basin, two weeks after the company flagged bankruptcy risk. The reductions affect about 15 percent of the workforce at the North Antelope Rochelle mine in the basin straddling Montana and Wyoming, the company said on Thursday.

  • March 31- Peabody Energy Corp, the largest U.S. coal producer, said it would lay off about 235 employees at a mine in the Powder River basin, two weeks after the company flagged bankruptcy risk. The reductions affect about 15 percent of the workforce at the North Antelope Rochelle mine in the basin which straddles Montana and Wyoming, the company said on Thursday.

  • Coal miners operate a carbide-tipped shearer as it scrapes coal at a mine in Wind Ridge, Pennsylvania.

    Banks’ exodus from coal projects financing comes as several industry leaders face painful restructuring.

  • *Reports fourth-quarter loss of $7.05 per unit. The company, which operates in California, Wyoming and North Dakota shale fields, also said there was substantial doubt about its ability to continue as a "going concern" after it decided to skip interest payments due on Tuesday. Oil-focused Energy XXI Ltd, which has operations in South Louisiana and the Gulf of...

  • Blackstone Group has agreed to sell Strategic Hotels & Resorts Inc. to a Chinese firm for $6.5 billion.