National business and financial news from NewsOK

  • Judge orders Colorado oilman to pay $16.8M in legal fees

    Updated: 11 hr ago

    CHEYENNE, Wyo. (AP) — A Colorado oilman must pay $16.8 million to reimburse energy companies for legal fees they incurred defending his unsuccessful lawsuits against them, a federal judge has ordered. Jack Grynberg received national attention when he filed scores of lawsuits against natural gas...

  • JBS of Brazil buying Cargill US pork unit for $1.45B

    Updated: 11 hr ago

    NEW YORK (AP) — Brazilian meat producer JBS will buy the U.S. pork division of agribusiness giant Cargill for $1.45 billion, the companies said Wednesday. JBS USA Pork said the deal will bolster its long-term growth in the U.S., and said it will gain two meat processing plants, five feed mills...

  • WVa study: Drill waste in landfills unlikely to get in water

    Updated: 11 hr ago

    CHARLESTON, W.Va. (AP) — A study by state regulators says it's unlikely that significant amounts of untreated natural gas drilling waste in landfills will impact groundwater or surface water. In the event that the waste's runoff did hit nearby water untreated, however, the material would likely...

  • JBS USA to buy Cargill pork business for $1.45 billion

    Updated: 11 hr ago

    DES MOINES, Iowa (AP) — The U.S. subsidiary of a Brazilian-based international meat processor is buying the pork division of Cargill Inc. JBS USA, a division of Sao Paulo, Brazil-based JBS, and Cargill said Wednesday they have signed an agreement for the $1.45 billion transaction. JBS USA Pork...

  • Kansas utility agrees to refund $10M, drop electric rates

    Updated: 11 hr ago

    TOPEKA, Kan. (AP) — The largest electric utility in Kansas would refund $10 million to its customers and decrease future rates slightly under an agreement Wednesday to settle a complaint filed by state regulators with the federal government. Westar Energy Inc., based in Topeka, also would...

  • SUVs, muscle cars help auto industry maintain momentum

    Updated: 11 hr ago

    DETROIT (AP) — Americans again bought vehicles that sit up high and come loaded with features like backup cameras and smartphone capabilities in June. Horsepower was also in; gas-sipping not so much. SUVs of all sizes continued to fly off dealer lots. Sales of the larger Ford Explorer rose 30...

  • The Latest: Senate OKs gas tax hike as Calley breaks tie

    Updated: 11 hr ago

    LANSING, Mich. (AP) — The Latest from the Capitol on the Michigan Senate's consideration of a $1.5 billion road-funding plan (all times local). ___ 5:25 p.m. The Republican-led Michigan Senate has approved a 15-cents-a-gallon gasoline tax increase phased in over three years after Lt. Gov....

  • Noah's ark developer seeking lost Kentucky tax incentive

    Updated: 12 hr ago

    FRANKFORT, Ky. (AP) — Lawyers for a Christian ministry building a Noah's ark theme park said Wednesday that Kentucky officials violated First Amendment religious protections when they denied the project a tax incentive worth millions. Answers in Genesis, developer of the 510-foot wooden ark in...

  • Justice Department investigating potential airline collusion

    Updated: 12 hr ago

    WASHINGTON (AP) — A document obtained by The Associated Press shows the Justice Department is investigating whether airlines are colluding to grow at a slower pace as part of an effort to keep airfares high. The government has requested information from airlines as part of the antitrust...

  • Correction: Carnegie Heroes story

    Updated: 12 hr ago

    PITTSBURGH (AP) — In a story June 30 about the Carnegie Heroes awards, The Associated Press reported erroneously on the fate of a boy whose brother drowned in a river. Christian Smith survived. He did not drown. A corrected version of the story is below: Late Oregon teen among 18 to win...

  • Milwaukee County bus drivers strike, scrambling commute

    Updated: 12 hr ago

    MILWAUKEE (AP) — Hundreds of Milwaukee County union bus drivers went on strike early Wednesday, leaving tens of thousands of commuters scrambling to make alternative plans to get to work and elsewhere. The roughly 750 drivers walked off the job at 3 a.m. and began picketing at the Milwaukee...

  • Obama: 'Feeling pretty good' about health care

    Updated: 12 hr ago

    NASHVILLE, Tenn. (AP) — Fresh off a Supreme Court victory, President Barack Obama said Wednesday that he's "feeling pretty good" about the state of his health care law and pleaded for bipartisan cooperation on ways to make it work even better. Obama said he wants to refocus the debate on...

  • Top selling cars and trucks in the US in June

    Updated: 12 hr ago

    Automakers released June U.S. sales figures Wednesday. These are the top sellers, the number sold and the percent change from June 2014. Source: Autodata Corp.

  • Poll: Approval for Supreme Court health care decision

    Updated: 12 hr ago

    WASHINGTON (AP) — A new poll finds that most Americans approve of the recent Supreme Court decision preserving the health care law's subsidized insurance premiums for people in all 50 states. Overall, 62 percent approved, while 32 percent disapproved, said the survey released Wednesday by the...

  • Dominion seeks Va. OK to build $1.3 billion gas-fired plant

    Updated: 12 hr ago

    RICHMOND, Va. (AP) — Dominion Virginia Power is seeking regulatory approval of a proposed $1.3 billion gas-fired power plant in Greensville County. The power company filed the request Wednesday with the State Corporation Commission in Richmond. The power plant would generate about 1,600...

  • ACE and Dycom are big market movers

    Updated: 13 hr ago

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE ACE Ltd., up 81 cents to $102.49 The insurance company is buying The Chubb Corp. in a $28.3 billion cash-and-stock deal to boost its international...

  • Gamblers' abuse claims test sovereignty of US tribal casinos

    Updated: 13 hr ago

    MASHANTUCKET, Conn. (AP) — For gamblers skilled at counting cards, it can be especially risky to play at America's tribal casinos: Those who have gotten caught tell stories of seized winnings, wrongful detentions, or worse. Casino bosses everywhere have ways of making so-called "advantage...

  • Legislature passes $16.1 billion transportation revenue bill

    Updated: 13 hr ago

    OLYMPIA, Wash. (AP) — A $16.1 billion transportation revenue bill that includes an 11.9-cent increase in the gas tax over the next two years passed the Legislature early Wednesday, though the House still must approve key accompanying bills. A dispute between Senate Democrats and Republicans...

  • Emmitt Smith, Flo Rida out of Miss USA, Macy's dumps Trump

    Updated: 13 hr ago

    NEW YORK (AP) — Rapper Flo Rida, the Macy's department store chain and football Hall of Famer Emmitt Smith all had something in common on Wednesday: They're the latest to distance themselves from Donald Trump following his remarks about Mexican immigrants. The Republican presidential hopeful's...

  • Pom-pom pay: California bill gives cheerleaders minimum wage

    Updated: 13 hr ago

    SAN FRANCISCO (AP) — They boost their teams from the sidelines and promote them by appearing in calendars and at fan events, but some sports cheerleaders say they are still not considered team employees and are paid what amounts to less than minimum wage. California legislation believed to be...

  • NY environmental commissioner Martens resigns

    Updated: 13 hr ago

    ALBANY, N.Y. (AP) — A day after enacting a promised ban on fracking, New York Department of Environmental Conservation Commissioner Joseph Martens has announced that he'll step down this month. The Open Space Institute, a Manhattan-based non-profit land preservation group, said Wednesday that...

  • Thousands gather in Portland as Oregon eases into legal weed

    Updated: 13 hr ago

    PORTLAND, Ore. (AP) — Oregon began easing into an era of legal marijuana Wednesday after an early morning pot celebration at the center of Portland. A few thousand people jammed a sidewalk and bike lane on the Burnside Bridge at midnight Tuesday and counted down the moments until July 1. That's...

  • Construction begins on 185-megawatt wind farm in Maine

    Updated: 13 hr ago

    BINGHAM, Maine (AP) — Construction has begun on a wind farm in Bingham that is anticipated to be the state's largest wind energy project. SunEdison announced Wednesday it had secured $360 million in financing for the wind farm that is expected to produce 185 megawatts of electricity, enough to...

  • Man gets prison time, $1M fine in military bribery case

    Updated: 14 hr ago

    DAYTON, Ohio (AP) — A man extradited from Iraq in a military contract bribery case has been sentenced in Ohio to 2 1/2 years in prison. Metin Atilan (MEH'-tin AT'-il-ahn) also was fined $1 million and given five years' probation. Atilan pleaded guilty to three counts earlier this year. Under a...

  • Want a national day? Check a website in North Dakota

    Updated: 14 hr ago

    NEW YORK (AP) — To most Americans, July 4 is Independence Day. But on Marlo Anderson's calendar, it's also Caesar Salad Day and Barbecued Spareribs Day. Anderson is the mastermind of the National Day Calendar, an online compendium of pseudo-holidays that has become a resource for TV and radio...



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