• Australian Open Roundup

    | Updated: 3 hr ago

    Djokovic reaches semifinal Novak Djokovic reached his 25th Grand Slam semifinal by beating No. 8 Milos Raonic, 7-6 (5), 6-4, 6-2 at the Australian Open on Wednesday. The No. 1-ranked player cruised through his quarterfinal without ever facing a break point by his 24-year-old opponent, a rising Canadian star known for having one of the biggest serves in the game. Djokovic is trying to claim his fifth Australian Open trophy. Djokovic faces defending champion Stan Wawrinka in the semifinals, for a rematch of last year's Australian Open quarterfinal that Wawrinka won.

  • NBA Notebook

    | Updated: 3 hr ago

    LeBron sits out with sprained right wrist Cavaliers superstar LeBron James sat out Wednesday night's game against Portland with a sprained right wrist sustained in a hard fall at Detroit. James is also doubtful for Friday's game against Sacramento. James got hurt late in the third quarter on Tuesday when he fell after trying to block a shot by Pistons guard Jodie Meeks. James put out both hands to break his fall as he crashed to the floor. James briefly went to the bench, but finished the game, scoring 32 points as the Cavs won their seventh straight.

  • Oklahoma City Thunder notebook: Kevin Durant misses second straight game with toe injury

    By Anthony Slater | Updated: 3 hr ago

    The Thunder superstar missed his second consecutive game with a sprained left big toe. He has now missed 25 of the Thunder’s 46 games this season.

  • Federal Reserve stays 'patient' on rates

    By MARTIN CRUTSINGER
    Associated Press |
    Published: Thu, Jan 29, 2015

    WASHINGTON — The Federal Reserve reiterated Wednesday that it will be “patient” in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health. The Fed signaled in a statement after its latest policy meeting that no rate increase is imminent despite the economic gains. A key reason is that inflation remains well below the Fed's target rate. And it said the pressures holding down inflation — mainly plunging oil prices — have intensified. The Fed said it thinks inflation will decline further before eventually reaching the central bank's 2 percent target rate.

  • With lower oil prices, Sasol delays plan for Louisiana plant

    By KEVIN McGILL
    Associated Press |
    Published: Thu, Jan 29, 2015

    NEW ORLEANS — The collapse in world oil prices claimed a casualty in Louisiana's vital energy industry Wednesday when South Africa-based Sasol announced a delay in final investment plans for a $14 billion plant that would convert natural gas into liquid fuels. The plant near Lake Charles in southwestern Louisiana was expected to create hundreds of permanent jobs. The decision diminishes, for now, some of the much-heralded growth in south Louisiana's energy economy. However, the state's economic development secretary, Stephen Moret, downplayed the immediate significance, noting that construction on the plant was two years away even before the announcement. He added that billions of

  • Oklahoma business briefs for Jan. 29

    | Published: Thu, Jan 29, 2015

    Oklahoma business briefs for Jan. 29, 2015

  • Midcon Data Services buys Tulsa's Optimum Services

    By Robert Evatt
    Tulsa World |
    Published: Thu, Jan 29, 2015

    Midcon Data Services, an Oklahoma City-based data management and seismic brokerage company, has purchased Tulsa-based Optimum Services, a company that also performs seismic data storage business services for the energy industry. As part of the expansion within Tulsa, Midcon is currently constructing a 48,120-square-foot facility within Eastgate Metroplex, the office park formerly known as Eastland Mall. Gerry Chauvin, development consultant for Eastgate, said in a news release that Midcon will offer data storage within Eastgate's underground portion.

  • It's OK to wear a hoodie, lawyer says

    | Published: Thu, Jan 29, 2015

    Crowe’s Jenna Rader says pending “hoodie bill” wouldn’t affect the average person. It’s aimed at those who intentionally isguise their identity in public places.

  • Former Oklahoma business owner to serve two years in federal prison

    By Matt Dinger
    Staff Writer |
    Published: Thu, Jan 29, 2015

    Dean Elvin Stiger, 67, was ordered to spend two years in federal prison and pay more than $750,000 restitution after pleading guilty to fraud and money laundering in Oklahoma City federal court.

  • Oklahoma County jury acquits man of murder, robbery

    By Matt Dinger
    Staff Writer |
    Published: Thu, Jan 29, 2015

    An Oklahoma County jury acquitted a man of robbery and murder Wednesday afternoon. Marco Butterfield, 22, was found not guilty of a man outside an Oklahoma City barber shop on April 4, 2013.

  • Oklahoma governor criticizes former prisons director

    BY GRAHAM LEE BREWER
    Staff Writer |
    Published: Thu, Jan 29, 2015

    In a Wednesday legislative forum, Gov. Mary Fallin said former state Corrections Department Director Justin Jones’ reluctance to prepare inmates for life outside of prison is part of the reason the state has a high incarceration rate today.

  • Oklahoma Gov. Mary Fallin says agencies should prepare for potential cutbacks

    By Rick M. Green
    Capitol Bureau |
    Published: Thu, Jan 29, 2015

    Gov. Mary Fallin said Wednesday state agencies should prepare for cutbacks as a $300 million budget hole looms.

  • Oil and gas, livestock prices for Jan. 29

    | Published: Thu, Jan 29, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $41 Oklahoma Sour: Sunoco Inc. — $29 Oklahoma oil and gas drilling activity posted Jan 14: COMPLETION Beckham: Enervest Operating LLC; Prairie Wind No. 2-27HC Well; NE1/4 NE1/4 NE1/4 NE1/4 (SL) of 27-11N-26W; TD 15,335. Carter: Avalon Exploration Inc.; London Company No.

  • Uber unveils pay-by-mile driver insurance coverage

    By Marc Lifsher | Published: Thu, Jan 29, 2015

    SAN FRANCISCO — Uber and a pay-by-the-mile auto insurance company have teamed up to make sure drivers have either personal or company coverage at all times. The arrangement, which has been approved by California state insurance regulators, seeks to close what critics call a “coverage gap” that could leave Uber drivers and passengers, other vehicle occupants and pedestrians unprotected by insurance after an accident. San Francisco-based Metromile's product will let Uber drivers use personal insurance for the miles they drive when they are cruising on their own time or waiting to be hooked up with a paying passenger. The combination will make sure the drivers are covered by either their own policies or an

  • As gasoline costs shrink, small businesses think big

    By JOYCE M. ROSENBERG
    AP Business Writer |
    Published: Thu, Jan 29, 2015

    NEW YORK — For small business owners who deliver goods and services, lower gas prices have brought more customers within reach and put more money in their pockets. As gas prices fell below $3 a gallon, Kristen Harris went back to delivering her desserts to Chicago-area neighborhoods she had abandoned. Harris was able to cut her delivery charge from 70 cents a mile to 60 cents, and win back customers who had balked at the higher fee. Her revenue during the holidays rebounded 30 percent, and she's thinking about a further expansion. “We definitely want to saturate the Chicago market,” says Harris, whose

  • House bill aims at aiding gas exports

    By DINA CAPPIELLO
    Associated Press |
    Updated: 4 hr ago

    WASHINGTON — Continuing its charge on energy, the Republican-controlled House passed a bill Wednesday aimed at expediting approvals of natural gas exports. In a 277-133 vote, the House approved a bill giving the Energy Department a 30-day deadline to authorize natural gas exports from facilities after they are reviewed and approved. It's the third energy-related bill passed by the House this session. They've also approved bills authorizing construction of the Keystone XL oil pipeline and fast-tracking new natural gas pipelines.

  • After setting iPhone record, what does Apple do next?

    By BRANDON BAILEY
    Associated Press |
    Published: Thu, Jan 29, 2015

    SAN FRANCISCO — Apple CEO Tim Cook says consumer demand for new iPhones has been “staggering” and “hard to comprehend.” That helped the company report record-smashing earnings for its latest quarter and sent the stock climbing more than 7 percent Wednesday. But after selling a record 74.5 million iPhones in three months that ended in December, what can Apple do next? While several analysts have raised their estimates for Apple, some still worry the company depends too much on the iPhone, which contributes two-thirds of its sizable revenue — leaving Apple vulnerable if another gadget comes along to replace the iPhone in popularity.

  • BP to sell part of its Gulf of Mexico stake to Chevron

    | Updated: 4 hr ago

    In brief BP sells some of Gulf stake to Chevron NEW YORK — BP is selling part of its stake in an emerging oil- producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together. Terms of the deal were not disclosed. The joint-development agreement is a way for the companies to try to reduce the cost and risk of exploring and developing large, complex fields in the Gulf's deep waters at a time of low oil prices.

  • Chicken chain cooks up aggressive expansion in Oklahoma City area

    By Brianna Bailey
    Business Writer |
    Updated: 4 hr ago

    Georgia-based Zaxby’s plans to open up to 28 locations in the Oklahoma City metro area over the next six years, starting with a store in Norman.

  • Oklahoma moves up to fourth place in U.S. wind capacity

    By Paul Monies
    Business Writer |
    Updated: 4 hr ago

    With the addition of new wind farms in 2014, Oklahoma moved into fourth place among the states for wind capacity, up from sixth place the year before. Oklahoma now has more than 3,700 megawatts of wind capacity available for electricity generation.




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