• China joins IMF currency basket: Why it matters

    By JOE McDONALD AP Business Writer | Updated: 2 hr ago

    BEIJING — The addition of China's yuan to the select basket of currencies used as a yardstick by the International Monetary Fund is a sign, experts say, that the yuan may one day become as recognizable as the dollar or euro. Adding the yuan alongside the dollar, euro, pound and yen is a symbolic victory for Beijing. It reflects the rising importance of the world's second-largest economy and is an endorsement of gradual Chinese moves toward making the currency freely traded. Currency traders and economists see the change as encouragement to Beijing to make faster progress on promises to make the yuan “freely tradable” and open its financial system.

  • Fantasy sports companies considering departure from U.S. market for now

    By PHILIP MARCELO Associated Press | Updated: 2 hr ago

    BOSTON — Yahoo remains active. CBS has quietly withdrawn. And lesser known daily fantasy sports companies are scaling back. As industry leaders FanDuel and DraftKings fight to protect their lucrative enterprises, other companies offering daily fantasy sports are taking different approaches to how they operate as their new industry faces increased scrutiny. "The industry is pretty fragmented on the 'should they stay or should they go' issue," says Chris Grove, editor of the Las Vegas-based Legal Sports Report, which focuses on sports wagering. "A real schism has opened up." Many companies are retrenching, but their movements haven't significantly hurt the market, said David Copeland, CEO of SuperLobby, a U.K. website that

  • EPA boosts amount of ethanol in gas supply, despite resistance

    By MARY CLARE JALONICK Associated Press | Updated: 2 hr ago

    WASHINGTON — The Obama administration is boosting the amount of corn-based ethanol and other renewable fuels in the U.S. gasoline supply despite sustained opposition by an unusual alliance of oil companies, environmentalists and some GOP presidential candidates. The Environmental Protection Agency on Monday issued a final rule designed to increase production of ethanol to be blended with gasoline through 2016, a decision that could reverberate in Iowa's crucial presidential caucuses. The agency said it will require more than 18 billion gallons of renewable fuels, most of it ethanol, in 2016. The amount is less than was set in a 2007 renewable fuels law, but more than was proposed by the EPA in May.

  • Internal Revenue Service looks to stay downtown

    BY STEVE LACKMEYER Business Writer slackmeyer@oklahoman.com | Updated: 2 hr ago

    A move by the Internal Revenue Service from downtown to an office park in north Oklahoma City is on hold and employees have been notified the agency may try to stay downtown. Officials with the General Services Administration declined to comment on the canceled move. Mark Ruffin, who is developing the corner at NE 122 and Kelley that was looked at as a new home for the IRS, said Monday no deal has been done, and he is not aware of the status of the proposed move. Mark Beffort, principal of Newmark Grubb Levy Strange Beffort, said the IRS is looking to stay at 55 N Robinson Ave., home to the agency's Oklahoma City office since 1992. “They talked to us about extending their lease, but there is no commitment yet,”

  • Durant, Westbrook reflect on Kobe Bryant’s career

    By Anthony Slater, Staff Writer, aslater@Oklahoman.com | Updated: 2 hr ago

    When Kobe Bryant was drafted, Oklahoma City was still more than a decade from having its own NBA franchise. But as Bryant's basketball legacy nears completion — he recently announced plans to retire at the end of this season — his profound impact has extended to OKC. Bryant was part of the first playoff game in the city's history, scoring 24 points against a young Thunder team back on April 22, 2010. A couple years later, on May 21, 2012, Bryant played what will likely be his last playoff game. It was in Oklahoma City. The Lakers lost, but he scored 42 points. And if his health cooperates, on April 11 of this season, Bryant's final NBA road game is scheduled for Oklahoma City, a treat for Thunder fans.

  • Judge hears case for dismissing OG&E's new rooftop solar tariff

    By Paul Monies Business Writer pmonies@oklahoman.com | Updated: 2 hr ago

    A hearing on a new billing structure for Oklahoma Gas and Electric Co. customers with rooftop solar panels will go ahead as planned after an administrative law judge heard arguments Monday to dismiss the case. Oklahoma Corporation Commission Administrative Law Judge Jacqueline Miller said she would rule on a motion to dismiss the case in a report issued later to the three- member commission. In the meantime, the hearing on OG&E's application is expected to start at 10:30 a.m. Tuesday at the Corporation Commission in Oklahoma City. The Sierra Club and solar advocates plan to hold a rally at 12:45 p.m. outside the commission to protest OG&E's plan.


    By Brianna Bailey Business Writer  bbailey@oklahoman.com  | Updated: 2 hr ago

    The parking lot was already full when Geoff Smith, owner of Smith Farm and Garden at 3733 NW 10, arrived at work Monday. By midafternoon, the shop was sold out of chainsaws. A late frost meant many trees still had a lot of leaves on them when Saturday's ice storm hit, a sure recipe for downed tree limbs, Smith said.  There's been a run on chainsaws, chainsaw parts and services like sharpening and tuneups, the likes of which Smith hasn't seen since the last big ice storm about six or seven years ago, he said.   "A lot of people are just trying to get out of their driveway," Smith said. By midafternoon, Smith Farm and Garden had brought in extra stock from its Tulsa store. There were lines inside as people waited

  • Benway helps Altus fight off McGuinness to advance in 5A

    By Jacob Unruh Staff Writer junruh@oklahoman.com | Published: Tue, Dec 1, 2015

    LAWTON — A 14-point deficit late in the game doesn't necessarily mean the end for McGuinness. It was down 12 a little more than a week ago with less than two minutes remaining before orchestrating a comeback. Trailing Altus by 14 with 1:17 left Monday night, McGuinness coach Justin Jones had the hope his team could duplicate the comeback with a quick score, onside kick and another score. Those hopes, though, were quickly dashed. Quarterback Jacob Mullins threw his third interception of the night, and Altus sealed a 49-35 win at Cameron Stadium to advance to the Class 5A state football championship.

  • Coyle advances to Class C title game

    Published: Tue, Dec 1, 2015

    Coyle only started playing football in 2004, and on Saturday night, the Bluejackets will compete for a state championship. Coyle defeated powerhouse Cherokee 42-22 in a semifinal game Monday night at Enid High School to earn its first-ever trip to a football state final. “This is a dream come true,” said coach Shane Weathers, who started the program 11 seasons ago. After Coyle fumbled inside its own 20 early in the third quarter, the defense held on four straight downs to get the ball back. Moments later, Jared Weathers broke free for a 71-yard touchdown run that put the Bluejackets in control up 28-14. Weathers finished with three touchdown runs, while DeShaun Anderson had two and Lashay Johnson had one.


    Published: Tue, Dec 1, 2015

    LIVESTOCK Monday's livestock report from the Oklahoma City Stockyards: Receipts: 2,951; Last Monday: 4,652; Year Ago: 5,173 Compared to last week: No trend available for any class due to limited receipts, however, a lower undertone was noted. Demand very good for all classes. Quality mostly plain to average. Supplies limited this week due to strong winter storm that swept across the state over the weekend bringing several inches of ice and rain. Supply included 47 percent over 600 lbs. and 47 percent heifers. Feeder Steers: Medium and Large No. 1: Calves 315-400 lbs. $223-$235; 450-500 lbs. $221-$225; 515-565 lbs. $192.50-$208, fleshy $170.00-$189.00; 625-635 lbs. $174-$175; 650-700 lbs. $166-$170; 725-730

  • Oklahoma business briefs for Dec. 1

    Published: Tue, Dec 1, 2015

    Oklahoma business briefs for Dec. 1, 2015


    Published: Tue, Dec 1, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Monday: Oklahoma Sweet: Sunoco Inc. — $38.25 Oklahoma Sour: Sunoco Inc. — $26.25 Oklahoma oil and gas drilling activity posted Nov. 13: COMPLETION Carter: Continental Resources Inc.; Wynell No. 1-31-6XH Well; NE1/4 NW1/4 NW1/4 NW1/4 (SL) of 31-02S-03W; 555 barrels oil per day, 1,548,000 cu-ft gas per day; TD 20,521. Coal: BP America Production Co.; Ina No. 2-11H Well; NW1/4 NE1/4 NW1/4 NW1/4 (BHL) of 11-03N-11E; 5,646,000 cu-ft gas per day; TD 14,212. BP America Production Co.; Ina No. 3-11H Well; NW1/4 NE1/4 NW1/4 NE1/4 (BHL) of 11-03N-11E; 3,567,000 cu-ft gas per day; TD 14,355. BP America Production Co.; Ina

  • 'Texting and driving' law in Oklahoma rolls out slowly during its first month

    By Matt Dinger Staff Writer mdinger@oklahoman.com | Published: Tue, Dec 1, 2015

    Oklahoma Highway Patrol troopers wrote 100 tickets for the new texting-while-driving law the past month, but other law enforcement agencies have not written a single citation. Some, like Norman, are using until Jan.1 as an education period and giving warnings.

  • El Reno offers many Christmas events

    By Sheila Stogsdill For The Oklahoman | Published: Tue, Dec 1, 2015

    Many Christmas-themed events are planned in the El Reno area in December.

  • Lighting the holidays at the Oklahoma state Capitol

    From Staff Reports | Published: Tue, Dec 1, 2015

    The Oklahoma governor and the state schools superintendent joined more than 700 students from across the state Monday for the lighting of the Capitol Christmas tree in Oklahoma City.

  • Take steps to be stay healthy during Oklahoma's wintry weather

    By Oklahoma State Department of Health | Published: Tue, Dec 1, 2015

    The Oklahoma Department of Health recommends Oklahomans prepare for winter weather before it arrives. It recommends numerous steps people can take to get ready for the season and its colder temperatures.

  • Oklahoma City Train Show pulling into State Fair Park

    From Staff Reports | Published: Tue, Dec 1, 2015

    The 2015 Oklahoma City Train Show is Dec. 5-6 in the Cox Pavilion at State Fair Park in Oklahoma City. Admission is $10 at the door, and children 12 and under are admitted free.

  • Oklahoma news briefs for Dec. 1

    From Staff Reports | Published: Tue, Dec 1, 2015

    Oklahoma news briefs for Dec. 1, 2015

  • Online shopping at workplace is popular, but it can be dangerous for the employee

    By Paula Burkes Business Writer pburkes@oklahoman.com | Published: Tue, Dec 1, 2015

    Despite how employers feel, 42 percent of workers planned to spend an hour or longer doing their Cyber Monday shopping on the clock.

  • Sooners football journal

    By Berry Tramel and Ryan Aber | Published: Tue, Dec 1, 2015

    Darlington credits Bedenbaugh for the o-line's improvement Remember early in the season when OU's offensive line seemed a total mess? Guys going in and out of the lineup. The running game stalled. Baker Mayfield running for his football life. That has changed. Now, Samaje Perine is finding big holes to run through before he runs over opponents, and while Mayfield remains a darting figure in and out of the pocket, he's not under the constant assault he was against Tennessee and Texas. Senior center Ty Darlington credits assistant coach Bill Bedenbaugh. “I think he's the best offensive line coach in the country,” Darlington said.