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NEW YORK (AP) — Wall Street has wrapped up its best week in three months. An unexpectedly strong report on U.S. economic growth in the third quarter pushed stocks higher yesterday. The Dow Jones Industrial average rose 42 points to close at 16,221. The S&P 500 index rose nine points to 1,818. And the Nasdaq composite added nearly 47 points to 4,104.
BERLIN (AP) — The former oil baron Mikhail Khodorkovsky is meeting with his family in Berlin a day after being released from decade-long imprisonment in Russia.
NEW DELHI (AP) — India's environment minister resigned in a government shake-up Saturday, as the governing Congress party prepares for next year's national elections.
NEW DELHI (AP) — India's environment minister has resigned in a government shakeup as the governing Congress party prepares for next year's national elections.
Looking back at the stories to remember from the past week:
NEW YORK (AP) — Gold is edging higher a day after plunging below $1,200 an ounce for the first time in three years.
NEW YORK (AP) — Stocks are closing higher on Wall Street after the U.S. raised its estimate for economic growth in the third quarter. The Dow rose 42 points to 16,221 today. It's up 3 percent for the week. The S&P 500 gained nine points to 1,818. The Nasdaq rose 47 to 4,104. The government says the economy grew 4.1 percent from July through September, the fastest pace since late 2011.
MEXICO CITY (AP) — Mexican President Enrique Pena Nieto has signed into law a sweeping reform bill that will allow private companies to drill for oil and gas.
MAIDUGURI, Nigeria (AP) — Nigeria's military says Islamic extremists firing anti-aircraft rockets and rocket-propelled grenades attacked a tank battalion barracks in the northeast of the country, and witnesses say they set the entire complex ablaze.
Jack Dusty is the perfect spot to let your troubles blow away in the breeze while you causally relax on the soft couches by the outdoor fire or inside with a view of the bay.
HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 14 this week to 1,768.
SAN ANTONIO--(BUSINESS WIRE)--Dec 20, 2013--NuStar Energy L.P. (NYSE: NS) announced today that Steve Blank, Executive Vice President and CFO of NuStar Energy L.P. and NuStar GP Holdings, plans to retire from the company effective December 31, 2013. The company’s board of directors has selected Tom Shoaf, NuStar’s Controller, to serve as Executive Vice President and Chief Financial Officer upon Blank’s retirement, and Jorge Del Alamo, NuStar’s Assistant Controller, has been promoted to Vice President and Controller.
Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 28 cents -- closing at $99.32 a barrel.
CALGARY--(BUSINESS WIRE)--Dec 20, 2013--Kinder Morgan Energy Partners L.P. (NYSE: KMP) and Imperial Oil (IMO) today announced a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal.
HOUSTON & TULSA--(BUSINESS WIRE)--Dec 20, 2013--Kinder Morgan Crude and Condensate LLC (KMCC) and Double Eagle Pipeline LLC, a 50/50 joint venture between Magellan Midstream Partners, L.P. (NYSE: MMP) and Kinder Morgan Energy Partners, L.P. (NYSE: KMP), today announced that they have entered into a long-term agreement with Anadarko Petroleum Corporation (NYSE: APC) to transport Eagle Ford Shale production from Gardendale, Texas, in LaSalle County, to the Houston Ship Channel via the KMCC Pipeline. Double Eagle will construct 160,000 barrels of storage capacity and a pump station at Gardendale in addition to building an approximately 10-mile pipeline to connect the Double Eagle Pipeline and the KMCC Pipeline in Karnes County, Texas. Double Eagle will transport product from its new Gardendale station to the KMCC Helena station in Karnes County. KMCC will construct 240,000 barrels of storage at its Helena Station to move crude and condensate from the Double Eagle Pipeline to the KMCC delivery points. Double Eagle and KMCC expect to complete construction of these facilities in early 2015 to move production to the Houston Ship Channel.
WASHINGTON--(BUSINESS WIRE)--Dec 20, 2013--Siemens Energy announced today that it has received an order from Panda Power Funds to supply two power plant units fitted with H-class gas turbines for the “Patriot” combined-cycle power plant (CCPP) in Clinton Township, Pennsylvania. This is the second project in Pennsylvania awarded by Panda Power Funds to Siemens. The first order was for the “Liberty” power plant which was announced in August 2013.
(NewsUSA) - Cooler weather and winter winds, paired with indoor heat and dryer weather, can wreak havoc on your hair and skin. A social media sharing website, InTheNews.TV, recently looked at some of the hot winter trends, beauty products and fashion tips and tricks to keep women looking their best to survive the winter season. Better yet, they can be found at your local drug or mass retailer chain -- without breaking the bank.
DALLAS--(BUSINESS WIRE)--Dec 20, 2013--Panda Power Funds today announced that it has completed the acquisition and successful financing of Moxie Energy’s planned 829-MW natural gas-fueled, combined-cycle “Patriot” generating station, located in Lycoming County, Pennsylvania. When completed, the Patriot project will be the second new power plant in the Keystone State — after Panda’s “Liberty” power plant — specifically developed to take advantage of its proximity to the Marcellus Shale. Panda will immediately start construction on the 85-acre site and expects commercial operations to begin by the middle of 2016.
MOSCOW (AP) — The Russian penitentiary service says jailed tycoon Mikhail Khodorkovsky, who has been pardoned by President Vladimir Putin, has left for Germany.
JUBA, South Sudan (AP) — The U.N. says 34,000 people in South Sudan are seeking refuge at U.N. bases in three locations across the country.
LONDON (AP) — A trove of 85 works by Spanish surrealist master Joan Miro acquired by the Portuguese government from a failing bank is up for auction with an estimated value of 30 million pounds ($49 million).
(BPT) - Only 8 percent of people who make New Year’s resolutions actually achieve their goals, according to a recent study by the University of Scranton. This year, instead of making a promise to lose weight, make small but impactful changes to the way you eat to ensure you reach your resolution goal.
NEW YORK (AP) — Stock indexes are ending up pretty much where they started this morning, a day after a powerful surge. The Standard & Poor's 500 fell a point, or 0.06 percent, to 1,809 today. The Dow Jones industrial average edged up 11 points, or 0.07 percent, to 16,179. The Nasdaq composite fell 12 points, or 0.3 percent, to 4,058.
TORONTO (AP) — A panel reviewing a proposed pipeline to the Pacific Coast that would allow Canada's oil to be shipped to Asia is recommending the Canadian government approve the project.