National business and financial news from NewsOK

  • Judge orders release of documents in Trump University suit

    Updated: 17 min ago

    WASHINGTON (AP) — A federal judge is ordering the release of Trump University internal documents in a class-action lawsuit against the now-defunct real estate school owned by presumptive Republican presidential nominee Donald Trump. The order by U.S. District Judge Gonzalo Curiel in San Diego,...

  • Futures File: Traders send oil prices higher as they wait for OPEC to meet

    Futures File: Traders send oil prices higher as... Published: Sun, May 29, 2016

    Walt and Alex Breitinger: Crude oil prices have nearly doubled since falling near $26 in February, rising as global oil production has slowed, especially due to output shortfalls in Canada, Libya, and Nigeria.

  • Taking Stock: When 'the greatest thing since sliced bread' is recommended, buy the stock

    Published: Sun, May 29, 2016

    Malcolm Berko: In the past 15 years, there have been at least 13 increases in Flowers Foods revenues, earnings and dividends. And those are bragging rights.

  • Militants blow up Shell, Agip pipelines in Nigeria

    Updated: 7 hr ago

    WARRI, Nigeria (AP) — Militants blew up strategic gas and crude pipelines belonging to Shell and Agip on Saturday in an increasingly fierce campaign that has chopped Nigeria's oil production in half, militants and residents said. A new militant group, calling itself the Niger Delta Avengers,...

  • New York City's storied Four Seasons restaurant relocating

    Updated: 11 hr ago

    NEW YORK (AP) — A restaurant considered by many to be New York City's original power lunch spot has found a new location. The Four Seasons has been a favorite of celebrities and business titans since it opened in the landmark Seagram Building in 1959. It is scheduled to close in July. The...

  • French fuel shortages improve as hints of compromise emerge

    French fuel shortages improve as hints of... Updated: 12 hr ago

    PARIS (AP) — France's nationwide fuel shortages — the consequence of a bare-knuckle dispute over labor reforms which have pit militant unions against the government — are easing amid signs that both sides may be seeking a compromise. Fuel shortages that have led to long lines at the pump are...

  • As in 'Celebrity Apprentice,' Trump fosters rivalries

    As in \'Celebrity Apprentice,\' Trump fosters... Updated: 12 hr ago

    WASHINGTON (AP) — When Donald Trump acquired a pair of Atlantic City casinos in the mid-1980s, he pitted his managers against each other in a ferocious competition over everything from booking entertainers to attracting high-rolling gamblers. That one of those managers was his wife, Ivana...

  • US wants to help endangered Yellowstone fish with $57M dam

    Updated: 17 hr ago

    BILLINGS, Mont. (AP) — U.S. officials say building a $57 million concrete dam and fish bypass channel along Montana's Yellowstone River offers the cheapest way to help an endangered species that dates to the time of dinosaurs. The U.S Army Corps of Engineers and Interior Department are...

  • Huge transport plane waiting for cargo in La Crosse

    Updated: 17 hr ago

    LA CROSSE, Wis. (AP) — One of the world's largest airplanes is sitting on the tarmac in La Crosse. The La Crosse Tribune reports (http://bit.ly/1X3jZNY ) an Antonov An-124-100 arrived at the La Crosse Regional Airport late Wednesday night. The Ukranian-built plane is large enough to transport...

  • Officials: Man charged 9 years after bomb left in NC Walmart

    Updated: 18 hr ago

    SYLVA, N.C. (AP) — Authorities say a fingerprint has led them to a man who placed a pipe bomb near small propane tanks in a Walmart in the North Carolina mountains. Officials say there were no serious injuries at the store in Sylva when the bomb exploded in September 2007. Federal court...

  • Democrats crowd race for Public Lands Commissioner

    Democrats crowd race for Public Lands Commissioner Updated: 19 hr ago

    SEATTLE (AP) — This fall's race for Washington's Commissioner of Public Lands — an office that oversees the state's largest firefighting force and 5.6 million acres of land — is hotly contested since no incumbent is on the ballot. Commissioner Peter Goldmark will not seek re-election to the...

  • Idea for Burt's Bees land to become park becoming partisan

    Idea for Burt\'s Bees land to become park... Updated: 19 hr ago

    PORTLAND, Maine (AP) — A congressional field hearing in the coming week on a proposal to create a national monument in northern Maine underscores how partisan lines have been drawn as Republican lawmakers try to rein in the expansion of public lands by Democratic President Barack Obama....

  • Oklahoma Legislature closes $1.3B gap, finishes 2016 session

    Oklahoma Legislature closes $1.3B gap, finishes... Updated: 19 hr ago

    OKLAHOMA CITY (AP) — Facing a historic $1.3 billion hole in the budget at the start of the year, the state Legislature managed to close the gap through a combination of agency cuts, tax credit reforms, fee increases and the use of one-time funding sources, including bonds. But many...

  • 2 more Whirlpool plants in Ohio installing wind turbines

    Updated: 20 hr ago

    OTTAWA, Ohio (AP) — Whirlpool Corp. says it's installing wind turbines to help power two more of its factories in Ohio. The appliance maker based in Benton Harbor, Michigan, says it will spend $13.5 million to bring wind energy to its plants in Ottawa and Marion. Whirlpool says the...

  • Michigan bills expand use of driverless cars beyond testing

    Michigan bills expand use of driverless cars... Updated: 20 hr ago

    LANSING, Mich. (AP) — Auto-centric Michigan is preparing for the advent of self-driving cars by pushing legislation to allow for public sales and operation — not just testing only. While the widespread use of driverless cars may be years away, lawmakers and transportation leaders say the...

  • Education Department replaces career college chain monitor

    Education Department replaces career college... Yesterday

    WASHINGTON (AP) — The Education Department has appointed a new lawyer to oversee the turnaround of schools once owned by Corinthian Colleges Inc., following an Associated Press review that found trouble at the schools and questioned the previous monitor's independence. Corinthian Colleges was...

  • Expecting worst, holiday travelers find fast airport lines

    Expecting worst, holiday travelers find fast... Yesterday

    ATLANTA (AP) — Fast moving airport security lines at the start of the Memorial Day weekend could bode well for return travelers Monday. Travelers reported moving quickly through airport checkpoints Friday after authorities opened extra screening lanes and used bomb-sniffing dogs to give some...

  • Official asked utility if it wanted help to quash order

    Official asked utility if it wanted help to... Updated: Fri, May 27, 2016

    LOS ANGELES (AP) — A California oil and gas official offered to try to get the governor's office to quash an order from air pollution regulators that was aimed at a utility responsible for a massive gas leak, according to documents obtained by The Associated Press. Emails related to the...

  • Agency: Measure would put most of state off-limits to wells

    Updated: Fri, May 27, 2016

    DENVER (AP) — A proposal to require new oil and gas wells to be at least 2,500 feet from homes and schools in Colorado would leave 90 percent of the state off-limits to future drilling, regulators said Friday. The Colorado Oil and Gas Conservation Commission released a report...

  • Now Gawker has its own billionaire backer, sort of

    Now Gawker has its own billionaire backer, sort of Updated: Fri, May 27, 2016

    NEW YORK (AP) — The courtroom fight between former pro wrestler Hulk Hogan and news-and-gossip site Gawker is becoming a battleground of sorts for Silicon Valley tycoons as well. First Look Media, a news organization financed by Pierre Omidyar, philanthropist and the co-founder of eBay, says it...

  • Cellphone radiation study raises concerns despite low risk

    Cellphone radiation study raises concerns... Updated: Fri, May 27, 2016

    WASHINGTON (AP) — A new federal study of the potential dangers of cellphone radiation, conducted in rats, found a slight increase in brain tumors in males and raised long-dormant concerns about the safety of spending so much time with cellphones glued to our ears. But the study had enough...

  • Putin blasts West on first trip to EU country this year

    Putin blasts West on first trip to EU country... Updated: Fri, May 27, 2016

    ATHENS, Greece (AP) — On his first trip to a European Union country this year, Russian President Vladimir Putin on Friday sharply criticized western policy toward Moscow, describing a newly expanded U.S. missile defense system as a threat to his country's security — and vowing to retaliate....

  • Maryland governor vetoes transportation, other bills

    Updated: Fri, May 27, 2016

    ANNAPOLIS, Md. (AP) — Gov. Larry Hogan vetoed five bills on Friday, including two relating to transportation and a measure to increase Maryland's use of renewable energy. Hogan vetoed a bill that would have required the state to start saving money to pay for a $1 billion replacement for the...

  • Uber appeals Pennsylvania utility regulator's $11.4M fine

    Updated: Fri, May 27, 2016

    PITTSBURGH (AP) — Ride-hailing company Uber is asking state utility regulators to reconsider the record-setting $11.4 million fine they issued against it. The Public Utility Commission fined San Francisco-based Uber in April for operating in Pennsylvania for six months in 2014 without the...

  • US economy showing signs of life after slow start to year

    US economy showing signs of life after slow... Updated: Fri, May 27, 2016

    WASHINGTON (AP) — The U.S. economy is showing signs of more life after a less-than-stellar start to the year. The government said Friday that first-quarter growth, while disappointing, wasn't as bad as first thought. And a number of more recent indicators are showing decent gains in key areas...



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