Top News & Analysis Colorado

  • The National Highway Traffic Safety Administration said operation of the battery-powered buses in 10 U.S. states, including Utah, Texas, Colorado, New Jersey, Florida, Ohio, California and Virginia, would be suspended pending an examination of "safety issues related to both vehicle technology and operations." In July, several news outlets in Utah reported a 76-...

  • The National Highway Traffic Safety Administration said battery-operated buses will be suspended in 10 U.S. states including Utah, Texas, Colorado, New Jersey, Florida, Ohio, California and Virginia pending an examination of "safety issues related to both vehicle technology and operations." In July, several news outlets in Utah reported a 76- year-old state...

  • RIYADH, Feb 25- Growth in U.S. shale oil production will slow sharply over the next two years, the chief executive officer of U.S. oilfield services giant Schlumberger said on Tuesday. Olivier Le Peuch told Reuters on the sidelines of a conference in Riyadh he expects growth to slow to 600,000 to 700,000 barrels per day in 2020 and to 200,000 bpd in 2021, down...

  • Democratic presidential candidate Michael Bennet starts off his day with a stop at a polling place at Webster School on February 11, 2020 in Manchester, New Hampshire.

    Sen. Michael Bennet dropped out of the 2020 Democratic presidential race as results started rolling in from the New Hampshire primary Tuesday.

  • BENGALURU/ NEW YORK, Feb 11- U.S. shale gas producers are ripe for further spending cuts and write-downs, investors and analysts said, with prices at four-year lows and China's rejection of some gas imports weighing on earnings. Natural gas production in the United States is at record levels, outpacing domestic consumption and leading to global supply glut.

  • WASHINGTON, Feb 10- President Donald Trump's 2021 budget proposed $150 million for the creation of a U.S. uranium reserve as the administration seeks to help struggling producers of the fuel for nuclear power reactors. The money, if approved by Congress, would begin the process of purchasing uranium, Energy Secretary Dan Brouillette told reporters in a...

  • NEW YORK, Feb 7- Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around. Uber operates in more markets around the world, although it has clashed with regulators in London and Germany and struggled in some...

  • Feb 4- ConocoPhillips issued a muted annual outlook on Tuesday, expecting a hit from weaker oil demand growth due to the coronavirus outbreak and disruptions at its operations in Malaysia and Libya. ConocoPhillips also said it was tapering down production in Libya and expects no output "fairly soon", following a force majeure between ConocoPhillips and the...

  • The results are no different from what are expected from other exploration and production companies, said Bill Selesky, a senior analyst at Argus Research. Houston- based ConocoPhillips' total production, excluding Libya, fell by 24,000 boe/d to 1.289 million boe/d in the quarter. The company confirmed it would spend $6.5 billion to $6.7 billion in 2020 but...

  • Feb 1- U.S. health officials on Saturday confirmed an eighth case of the fast-spreading new coronavirus in the United States and the Pentagon said it would provide housing for people arriving from overseas who might need to be quarantined. The latest U.S. patient, who is in Massachusetts, recently returned from Hubei province in central China, the epicenter of...

  • Feb 1- U.S. health officials on Saturday confirmed an eighth case of the fast-spreading new coronavirus in the United States and the Pentagon said it would provide housing for people arriving from overseas who might need to be quarantined. The latest U.S. patient, who is in Massachusetts, recently returned from Hubei province in central China, the epicenter of...

  • BANGALORE, Jan 29- SoftBank's second Vision Fund has led a new round of funding for Silicon Valley- based drug delivery firm Alto Pharmacy that valued it at over $1 billion, according to two people familiar with the development. Other existing investors including Greenoaks Capital and Jackson Square Ventures also participated in the Series D round, the sources...

  • WASHINGTON, Jan 21- Wyoming and Montana, two coal-producing western states, on Tuesday asked the U.S. Supreme Court to invalidate Washington state's decision to block on environmental grounds a coal export terminal intended as an outlet to Asian markets. Wyoming and Montana contend that Washington state's denial of a key water permit needed to allow...

  • BOULDER, Colo. Jan 17- In April 2019, Tile.com, which helps users find lost or misplaced items, suddenly found itself competing with Apple Inc, after years of enjoying a mutually beneficial relationship with the iPhone maker. The startup will be one of four companies testifying at the latest hearing of the House Judiciary Committee's antitrust subcommittee in...

  • Jan 12- Hexcel Corp, a composites technology company, and aircraft and industrial parts maker Woodward Inc said on Sunday they would combine in an all-stock merger of equals to create an integrated systems provider for the aerospace and industrial sectors. The deal between the two U.S.-based companies is valued at about $6.43 billion based on Woodford's...

  • The deal is valued about $6.43 billion based on Reuters calculations using Friday's closing stock prices of $121.96 for Woodward and $72.91 for Hexcel. The combined company will be named Woodward Hexcel and is expected to generate net revenues of about $5.3 billion and EBITDA of $1.1 billion. Hexcel President and Chief Executive Officer Nick Stanage will...

  • Jan 9- Tri-State Generation and Transmission Association on Thursday said it will close its Escalante Station in New Mexico by end of 2020, and Craig Station and Colowyo Mine in northwest Colorado by 2030.. The wholesale power supplier will recognize a one-time impairment loss of about $282 million in the first quarter of 2020 due to early retirement of 253-...

  • DENVER, Jan 7- A Colorado environmental group on Tuesday launched a fresh push to curtail drilling in the fifth-largest oil-producing state, citing concerns over health and safety. Colorado Rising is considering six initiatives, among which include 2,000- to 2,500- foot setbacks, proposals that provide separation waivers on private land, and increasing the...

  • DENVER, Jan 6- The night-time drone flights over parts of rural Colorado and Nebraska that have baffled investigators will now be the subject of a multi-agency task force, federal and state authorities announced on Monday. The drones, or unmanned aircraft systems, have been sighted in northeast Colorado and southwest Nebraska over the past three weeks, tending...

  • HOUSTON, Jan 2- Vastly slower U.S. oil growth this year and the prospect of a plateau for the world's top oil producer have signaled a new and unfamiliar era of self-restraint for the go-go shale industry. Over the latest decade, the shale revolution turned the United States into the world's largest crude producer and a force in energy exports.