National business and financial news from NewsOK

  • Uptick in quakes could prompt action from Oklahoma lawmakers

    Yesterday

    OKLAHOMA CITY (AP) — The power and frequency of earthquakes in Oklahoma have been increasing, but the Legislature has done little to try to curb the temblors that scientists have linked to the underground disposal of oil and gas drilling wastewater. That could change this year, as angry...

  • Twitter CEO Jack Dorsey says timeline will stay in real time

    Yesterday

    NEW YORK (AP) — Twitter CEO Jack Dorsey says the social media website's stream of tweets will stay live and in real time. News and entertainment site BuzzFeed reported Friday that Twitter was going to introduce a timeline based on an algorithm rather than a real-time stream. The report upset...

  • Cause of deadly New York crane collapse under investigation

    Yesterday

    NEW YORK (AP) — It may take weeks to determine why a huge construction crane that was being lowered during strong winds came crashing down onto a street, killing a pedestrian and crushing a row of parked cars, city officials said Saturday. Investigators are reviewing surveillance footage from...

  • Wyoming lawmakers facing falling revenues in budget session

    Yesterday

    CHEYENNE, Wyo. (AP) — Only a few senior Wyoming lawmakers have served long enough to remember the last time the Legislature had to make hard decisions on how to cut spending. For the last decade or more, the toughest call facing Wyoming lawmakers has been how much of the state's windfall energy...

  • US Sen. Markey faults feds on natural gas export decision

    Yesterday

    BOSTON (AP) — U.S. Sen. Edward Markey says a decision by the federal Department of Energy to allow the export of nearly a billion cubic feet a day of natural gas out of New England is misguided. The Massachusetts Democrat says the decision announced Friday will allow gas to be exported to...

  • 2 dead, 1 badly hurt in explosion at Spanish biodiesel plant

    Yesterday

    MADRID (AP) — An explosion at a biodiesel plant has killed two workers and left one survivor seriously injured, Spanish emergency services said Saturday. The Emergency Coordination and Information Center for the regional government of Valencia said the explosion occurred at around 11 a.m....

  • Smokestacks along way to Myrtle Beach being removed

    Yesterday

    CONWAY, S.C. (AP) — Smokestacks at an old power plant on the main drag to Myrtle Beach are being brought down in controlled explosions this weekend. State-owned electric utility Santee Cooper says the two 300-foot smokestacks at its Grainger Generating Station in Conway will be demolished early...

  • GOP-led Congress unlikely to OK Obama's new clean energy bid

    Yesterday

    WASHINGTON (AP) — President Barack Obama said Saturday that he will ask the Republican-led Congress to double spending on research and development into clean energy by 2020. But the request is unlikely to be fulfilled. GOP lawmakers scoff at the science behind climate change and dismiss Obama's...

  • Twitter moves to actively seek out terrorist supporters

    Yesterday

    WASHINGTON (AP) — Twitter is now using spam-fighting technology to seek out accounts that might be promoting terrorist activity and is examining other accounts related to those flagged for possible removal, the company announced Friday. The announcement demonstrated efforts by Twitter to...

  • As fix nears for gas leak, residents worry about return home

    Yesterday

    LOS ANGELES (AP) — With a possible end in sight to a massive 15-week gas leak, anxious residents displaced from a Los Angeles neighborhood are skeptical a fix is near and worry they may be forced to return too soon to unhealthy homes. Barbara Fass, who temporarily moved out of her Porter Ranch...

  • Utah legislators back plan to declare porn a health crisis

    Updated: Fri, Feb 5, 2016

    SALT LAKE CITY (AP) — A state senator in Utah wants to declare pornography a public health crisis, echoing an argument being made around the U.S. by conservative religious groups as porn becomes more accessible on smartphones and tablets. Republican Sen. Todd Weiler, a Mormon, contends children...

  • EPA: Mine spill dumped 880,000 pounds of metals in river

    Updated: Fri, Feb 5, 2016

    DENVER (AP) — A 3 million-gallon spill from a southwestern Colorado gold mine last year may have dumped more than 880,000 pounds of metals into the Animas River, the U.S. Environmental Protection Agency said Friday. Some of the metals reached the San Juan River, which the Animas joins in New...

  • Judge who presided over Martha Stewart's NY trial dies at 86

    Updated: Fri, Feb 5, 2016

    NEW YORK (AP) — A federal judge who presided over Martha Stewart's criminal trial in New York has died. Miriam Cedarbaum was 86. Manhattan U.S. District Court Chief Judge Loretta Preska says Cedarbaum suffered a severe stroke last week and died Friday. Cedarbaum was confirmed by the U.S....

  • As fix nears for gas leak, residents worry about return home

    Updated: Fri, Feb 5, 2016

    LOS ANGELES (AP) — With a possible end in sight to a massive 15-week gas leak, anxious residents displaced from a Los Angeles neighborhood are skeptical a fix is near and worry they may be forced to return too soon to unhealthy homes. Barbara Fass, who temporarily moved out of her Porter Ranch...

  • Stocks lose more ground as jobs report disappoints

    Updated: Fri, Feb 5, 2016

    NEW YORK (AP) — Stocks posted steep losses Friday, ending the week with broad declines, as investors fretted over a report showing that U.S. job creation slowed last month. Technology stocks fell especially hard, and shares of LinkedIn had their worst day in history. Energy and consumer...

  • NYC crane accident followed several others in recent years

    Updated: Fri, Feb 5, 2016

    NEW YORK (AP) — A construction crane collapse that killed one person and injured three others Friday in New York City followed a number of crane accidents in recent years in the nation's biggest city. A look: ___ — March 2008: A nearly 200-foot-tall crane fell as it was being lengthened in a...

  • Tattoos, martial arts and poker? Casinos wooing millennials

    Updated: Fri, Feb 5, 2016

    BOSTON (AP) — Casinos worried that millennials aren't getting into traditional gambling like their parents and grandparents are bringing in tattoo studios, mixed martial arts competitions and other offbeat attractions to attract a younger clientele. In New England, where a regional casino war...

  • HSBC reaches $470M deal with US, states over banking abuses

    Updated: Fri, Feb 5, 2016

    WASHINGTON (AP) — Banking giant HSBC has reached a $470 million settlement with the federal government and nearly all states over mortgage lending and foreclosure abuses that officials say helped intensify the country's economic meltdown, the Justice Department announced Friday. The agreement...

  • LinkedIn shares plunge almost 44 percent

    Updated: Fri, Feb 5, 2016

    SAN FRANCISCO (AP) — Investors have given LinkedIn a poor job review in the form of a dramatic sell-off that wiped out nearly $11 billion in the professional networking service's market value. A surprise forecast for slower growth this year sent LinkedIn's stock into a stomach-turning plunge of...

  • Mediator: 2 of 6 Argentina bondholders agree to settlements

    Updated: Fri, Feb 5, 2016

    NEW YORK (AP) — Two of six leading bondholders that years ago refused Argentina's invitation to trade their bonds at steep discounts have agreed to settle their longstanding claims after the South American nation offered bondholders with cases in federal court in Manhattan $6.5 billion in what a...

  • EPA: Traces of contaminant found in 3 Colorado water systems

    Updated: Fri, Feb 5, 2016

    DENVER (AP) — Traces of widely used and potentially harmful chemicals have shown up in three drinking water systems in Colorado, prompting officials to shut down three wells and start looking for the source. Two compounds once used in nonstick cookware coatings, firefighting foam and other...

  • Many see cause for optimism despite slower US job growth

    Updated: Fri, Feb 5, 2016

    WASHINGTON (AP) — Consider looking past January's so-so job growth. At first glance, Friday's government report on U.S. hiring was a downer — 151,000 added jobs, well below the pace of the previous few months. Yet once you take a fuller view, a brighter picture of the job market emerges: A...

  • Ugly end for beauty school; dozens of campuses close

    Updated: Fri, Feb 5, 2016

    BEVERLY HILLS, Calif. (AP) — A Beverly Hills-based beauty school says it's closing all 56 of its campuses in five states after losing federal funding over allegations of misconduct. Marinello Schools of Beauty has been in business for over a century. It shut facilities this week in California,...

  • Bottled water urged for kids, pregnant women amid lead scare

    Updated: Fri, Feb 5, 2016

    SEBRING, Ohio (AP) — New advisories being sent to Ohio communities previously found to have high lead levels in tap water suggest children and pregnant women in those areas should instead drink bottled or filtered water. The Dayton Daily News (http://bit.ly/20M8bOP ) reports the Ohio...

  • 4 questions for the next CEO of Delta Air Lines

    Updated: Fri, Feb 5, 2016

    NEW YORK (AP) — On May 2, Ed Bastian takes over as the new CEO of Delta Air Lines, replacing the retiring Richard Anderson. Bastian has been Anderson's close deputy, helping to turn around the airline from bankrupt carrier to one of the world's leading airlines, one whose playbook is often...



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