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U.S., in Reversal, Issues Permit for Keystone Oil Pipeline

U.S., in Reversal, Issues Permit for Keystone Oil Pipeline

HOUSTON — During his presidential campaign, Donald J. Trump repeatedly hailed the Keystone XL pipeline as a vital jobs program and one that sharply contrasted his vision for the economy with that of Hillary Clinton. “Today we begin to make things right …

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Dunkin' Donuts may be coming to East Oahu

Dunkin’ Donuts may be coming to East Oahu

Dunkin’ Donuts may be making its way to East Oahu as part of a new project by Aloha Petroleum Ltd., which is the Hawaii franchisee for the donuts-and-coffee giant, a spokeswoman with Aloha Petroleum confirmed to Pacific Business News Friday. Aloha …

Pacific Office Properties reports net loss of $13.9M for 2016

Pacific Office Properties reports net loss of $13.9M for 2016

Pacific Office Properties Trust Inc. reported a net loss of $13.9 million for the year ending December 31 in a filing with the U.S. Securities and Exchange Commission on Friday. The loss is a 2.1 percent improvement on 2015’s comparable period, where the …

Boeing warns of layoffs in May, following up on announcement of California cuts

Boeing warns of layoffs in May, following up on announcement of California cuts

After a wave of buyouts, Boeing has turned to job cuts at its Puget Sound airplane factories and corporate offices to cut expenses as the slowdown in wide-body jet sales continues. Boeing (NYSE: BA) served layoff notices to 245 workers as recently as …

Anadarko cuts jobs tied to recently sold assets

Anadarko cuts jobs tied to recently sold assets

The Woodlands-based Anadarko Petroleum Corp. (NYSE: APC) cut about 60 jobs on March 23, spokesman John Christiansen confirmed to the Houston Business Journal. Most of the affected employees were based in the Houston area, according to Christiansen.

Unlike Trump, California affirms car emissions standard

Unlike Trump, California affirms car emissions standard

Just weeks after President Trump signaled he’s ready to roll back tough federal vehicle fuel standards, California’s clean-air authority on Friday affirmed that it won’t budge on its own tough standards. The California Air Resources Board on Friday …

The holiday is over: Amazon will collect sales taxes nationwide on April 1

The holiday is over: Amazon will collect sales taxes nationwide on April 1

Amazon, the online merchandise juggernaut, will collect sales taxes from all states with a sales tax starting April 1. Tax-free shopping will be over as of next month in Hawaii, Idaho, Maine and New Mexico, the four remaining holdouts. Since the beginning …

U.S. Stocks Post Worst Week Since Election as Health Bill Fails

U.S. Stocks Post Worst Week Since Election as Health Bill Fails

The Trump Trade just took a big hit. U.S. stocks fell the most since the week leading up to the U.S. election as President Donald Trump suffered a major setback when he was forced to pull his health-care bill from a vote amid dissent among congressional …

AIG executives meet analysts to push resiliency message

AIG executives meet analysts to push resiliency message

NEW YORK, March 24 (Reuters) - American International Group Inc executives have been meeting with investors and analysts to build confidence in the insurer and its turnaround plan amid uncertainty over a replacement for outgoing Chief Executive Officer …

We Energies pitching for a rate freeze in 2018, 2019

We Energies pitching for a rate freeze in 2018, 2019

All customers of We Energies could get another two years of rate freezes under a proposal the company has presented to some industrial customers, according to a document obtained by the Milwaukee Business Journal. Filled with “must read” stories …

France's Casino delays Brazilian appliance retailer sale -source

France’s Casino delays Brazilian appliance retailer sale -source

SAO PAULO, March 24 (Reuters) - France’sCasino Guichard Perrachon SA has decided to delay the sale of its Brazilian appliance retailing unit, one person close to the company said on Friday. The interested parties should have delivered bids to …

Analyst on the hospital stocks' three-day rally as GOP health-care bill gets postponed

Analyst on the hospital stocks’ three-day rally as GOP health-care bill gets postponed

Hospital stocks continue their three-day rally as the GOP health-care bill got postponed for the second time on Friday. Analyst Jason Gurda from Keybanc says he believes a “no vote” for the health-care bill is the best outcome for investors in the hospital …

Industry, environmentalists sound off on Trump administration approval of Keystone Pipeline (slideshow)

Industry, environmentalists sound off on Trump administration approval of Keystone Pipeline (slideshow)

President Donald Trump has fulfilled a campaign promise to approve the controversial Keystone XL Pipeline, which would link the oil fields of Canada to refineries along the Gulf Coast in Texas and Louisiana. The U.S. State Department announced on Friday …

Schlumberger, Weatherford to form joint venture

Schlumberger, Weatherford to form joint venture

March 24 (Reuters) - Schlumberger NV said on Friday it would form a joint venture with Weatherford International Plc to deliver oilfield products and services for unconventional resource plays in the United States and Canada. The oilfield …

San Antonio CEO rings closing bell at Nasdaq after company's

San Antonio CEO rings closing bell at Nasdaq after company’s “triumphant” return to stock exchange

After surviving the crude oil downturn, Avi Mirman has nothing but momentum on his side. The CEO of San Antonio-based oil company Lilis Energy Inc. rang the closing bell at the Nasdaq stock exchange in New York City on Friday afternoon. The invitation came …

Stocks winners and losers after GOP fails to muster Obamacare votes; Trump, Ryan turn to tax cuts

Stocks winners and losers after GOP fails to muster Obamacare votes; Trump, Ryan turn to tax cuts

The Dow Jones Industrial Average closed down just under 60 points but the Nasdaq was up 11 and the S&P 500 was flat, down 1.98 points, after House Republicans and President Donald Trump failed to get enough votes for a repeal and replacement of the …

Aequitas investors celebrate 'major victory' as judge declines to dismiss lawsuit against Tonkon, Deloitte, others

Aequitas investors celebrate ‘major victory’ as judge declines to dismiss lawsuit against Tonkon, Deloitte, others

Law, accounting and brokerage firms that worked for Aequitas Capital Management have come up short in an effort to get a giant lawsuit dismissed. “This is a major victory and an important step toward obtaining compensation for the Aequitas investors,” said …

A look at Valero refineries that can process Keystone XL Pipeline oil

A look at Valero refineries that can process Keystone XL Pipeline oil

San Antonio-based Valero Energy Corp. stands to benefit from cheap Canadian oil that would flow through the recently approved and controversial Keystone XL Pipeline, which the San Antonio-based refining company has supported for nine years. The U.S. State …

Trump Says Charter To Invest $25 Billion In U.S., Hire 20,000 Workers

Trump Says Charter To Invest $25 Billion In U.S., Hire 20,000 Workers

U.S. President Donald Trump on Friday touted Charter Communications Inc’s (CHTR.O) decision to invest $25 billion in the United States and its previously disclosed plan to hire 20,000 workers over four years. At a White House event with the second …

Fed’s Williams says goal is to get inflation ‘back to 2% and keep it there’

Fed’s Williams says goal is to get inflation ‘back to 2% and keep it there’

The Federal Reserve is not trying to push the inflation rate above 2% target to “make up” for the years that inflation has been running below target, said San Francisco Fed President John Williams on Friday. “The FOMC is trying to get back to 2% and …

Target's new dual-concept stores could set it apart from grocers, Wal-Mart, HomeGoods and Amazon

Target’s new dual-concept stores could set it apart from grocers, Wal-Mart, HomeGoods and Amazon

Target Corp. (NYSE: TGT) unveiled this week its new approach to brick-and-mortar retail — one that appeals to both time-crunched shoppers and those who come in to wander the aisles, leaving with everything from throw pillows to cotton balls in their baskets.

Trump Administration Grants Pipeline Permits Without All His Promised Conditions

Trump Administration Grants Pipeline Permits Without All His Promised Conditions

President Donald Trump vowed to win a “better deal” for Americans before approving the Keystone XL and the Dakota Access oil pipelines, promising to extract concessions and force the builders to use U.S. steel. Now his administration has authorized both …

US crude settles at $47.97, falling 1.7% this week as glut concerns persist

US crude settles at $47.97, falling 1.7% this week as glut concerns persist

U.S. crude broke a four-day losing streak in thin trade on Friday, but posted a weekly loss as concerns persisted over an excess of crude. In the United States, West Texas Intermediate (WTI) crude futures settled 27 cents higher at $47.97 a barrel on …

Time Inc. Moves Closer to Sale for More Than $20 a Share

Time Inc. Moves Closer to Sale for More Than $20 a Share

Time Inc. is moving closer to a sale that could value the magazine publisher at more than $20 a share, according to people familiar with the process. A sale of the entire company is now more likely than not, and may be reached as soon as the end of next …

Fact checking Trump's latest White House jobs announcement

Fact checking Trump’s latest White House jobs announcement

With the fate of the Obamacare repeal teetering on the edge on Friday morning, President Trump brought a CEO to the White House to talk about jobs. “Today, I am thrilled to announce that Charter Communications has just committed to investing $25 billion …

U.S., in Reversal, Issues Permit for Keystone Oil Pipeline

U.S., in Reversal, Issues Permit for Keystone Oil Pipeline

HOUSTON — During his presidential campaign, Donald J. Trump repeatedly hailed the Keystone XL pipeline as a vital jobs program and one that sharply contrasted his vision for the economy with that of Hillary Clinton. “Today we begin to make things right …

Fox-Sky Deal Said to Stay With EU After U.K. Skips Deadline

Fox-Sky Deal Said to Stay With EU After U.K. Skips Deadline

21st Century Fox Inc.’s bid for Sky Plc will be weighed by European Union regulators after the U.K. merger watchdog passed up the chance of reviewing the 11.7 billion-pound ($14.6 billion) deal, according to two people familiar with the probe. The U.K …

Britain's FTSE posts worst weekly performance since January as U.S. healthcare vote looms

Britain’s FTSE posts worst weekly performance since January as U.S. healthcare vote looms

* FTSE 100 down 0.1 pct * Oil stocks weigh * Smiths Group jumps after results (Recasts, updates prices) By Kit Rees and Helen ReidLONDON, March 24 (Reuters) - Britain’s top share index dipped on Friday ahead of a delayed U.S. vote on a key healthcare bill …

Shoppers get mad as hell when their favorite brand is bought out by the big guys

Shoppers get mad as hell when their favorite brand is bought out by the big guys

Change is hard, but when it comes in the form of a new parent company taking control of a beloved brand, it can be downright ugly — especially where devout customers are involved. Case in point: online discount site Jet.com, through its parent company …

As Trump Approves Pipeline, Figures Show Most Americans Oppose Drilling on Federal Lands

As Trump Approves Pipeline, Figures Show Most Americans Oppose Drilling on Federal Lands

In a watershed moment, more than half of the population now oppose drilling in the American wilderness — although this likely has more to do with cheap gas prices than a sudden embrace of environmental sensitivity. According to poll data released by …

Number of newly-minted millionaires at Europe's big banks is shrinking

Number of newly-minted millionaires at Europe’s big banks is shrinking

File photo of skyline of the banking district in Frankfurt Thomson Reuters By Jamie McGeever and Anjuli Davies LONDON (Reuters) - The number of employees earning more than a million euros or pounds at Europe’s biggest banks fell sharply last year, another …

Vinik-Cascade real estate team buys more property in downtown Tampa

Vinik-Cascade real estate team buys more property in downtown Tampa

Strategic Property Partners has acquired more property in Tampa’s urban core, including an events venue where the developer will move its offices and a launch a marketing center for its project. SPP, the real estate company controlled by Tampa Bay …

Trump touts Charter's four-year plan to add 20K jobs and invest $25B

Trump touts Charter’s four-year plan to add 20K jobs and invest $25B

The latest company to deliver good job creation news from the Oval Office: Charter Communications. The Stamford, Conn.-headquartered company pledged, over the next four years, to invest $25 billion in broadband infrastructure and hire 20,000 U.S. workers …

OPEC Be Warned: Russia Battens Down the Hatches for Oil at $40

OPEC Be Warned: Russia Battens Down the Hatches for Oil at $40

Perhaps the Bank of Russia knows something the world doesn’t. As the Organization of Petroleum Exporting Countries and its allies prepare to meet for a review of their production cuts this weekend, the central bank of the world’s biggest energy …

Finish Line 4Q earnings run into trouble

Finish Line 4Q earnings run into trouble

Athletic goods retailer Finish Line was not a first-place winner in the fourth quarter. The athletic shoe and clothing chain is at the unfortunate nexus of two trends that are hurting its bottom line – decreasing mall traffic and an ailing sporting goods …

The health-care vote could set up a ‘fantastic rest of the year’ for markets: JPM

The health-care vote could set up a ‘fantastic rest of the year’ for markets: JPM

Friday’s highly anticipated health-care vote could drive markets on another leg up, says one JPMorgan strategist. David Lyon, global investment specialist at JPMorgan, believes that investors’ focus on corporate earnings and economic growth has given way …

ANALYSIS-Number of newly-minted millionaires at Europe's big banks is shrinking

ANALYSIS-Number of newly-minted millionaires at Europe’s big banks is shrinking

* 1,183 million-plus earning MRTs at four EU banks * Down 32 percent from 1,740 in 2015 * Wall Street pay expected to be higher than in Europe By Jamie McGeever and Anjuli DaviesLONDON, March 24 (Reuters) - The number of employees earning more than a …

Hiring rises in 11 US states last month, gains widely spread

Hiring rises in 11 US states last month, gains widely spread

Hiring picked up in 11 states last month compared with January and was mostly unchanged in the other 39, as stronger U.S. job gains benefited most of the country. Still, pockets of weakness remained. Job gains in February were most robust in states outside …

Benny Johnson demoted from role as chief content officer at Independent Journal Review

Benny Johnson demoted from role as chief content officer at Independent Journal Review

Benny Johnson has been demoted from his role as chief content at the Independent Journal Review after an internal review concluded he violated several company standards, a person familiar with the matter told Business Insider on Friday. The announcement …

This Is How Many Barrels of Oil the 13 OPEC Countries Produced Last Month

This Is How Many Barrels of Oil the 13 OPEC Countries Produced Last Month

The Organization of the Petroleum Exporting Countries, or OPEC, controls a significant portion of the world’s oil reserves. These 12 countries have historically used this position as the global energy gorilla to affect oil prices and to move markets.

TransCanada's Keystone pipeline receives Trump presidential permit

TransCanada’s Keystone pipeline receives Trump presidential permit

TransCanada Corp. said it has received a Presidential Permit from the U.S. Department of State to build the Keystone pipeline. This clears a major, but not final hurdle in the construction of the 1,179-mile cross-border oil pipeline. USA TODAY The company …

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Alexis Ohanian: Serena Williams humbles me

Alexis Ohanian: Serena Williams humbles me

Tag Heuer, Google, & Intel Team Up To Create This Luxury Smartwatch | CNBC

Tag Heuer, Google, & Intel Team Up To Create This Luxury Smartwatch | CNBC

Parents Who Value Sleep Need This Baby Monitor | CNBC

Parents Who Value Sleep Need This Baby Monitor | CNBC

Mnuchin: Apple hoards cash because of our tax code

Mnuchin: Apple hoards cash because of our tax code

Mnuchin: "Not at all" worried about AI taking jobs

Mnuchin: “Not at all” worried about AI taking jobs

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Speaker Paul Ryan: Came Close To Passing Health Care, But 'Came Up Short' | CNBC

Speaker Paul Ryan: Came Close To Passing Health Care, But ‘Came Up Short’ | CNBC

Stocks Rebound After NBC Reports House Pulls health-care bill | CNBC

Stocks Rebound After NBC Reports House Pulls health-care bill | CNBC

House Republicans Pull Health Care Bill | CNBC

House Republicans Pull Health Care Bill | CNBC

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Elon Musk Is Tweeting A Lot Of Info About The Model 3: Bottom Line | CNBC

Charter Communications CEO: We're Going To Create 20,000 New Jobs | CNBC

Charter Communications CEO: We’re Going To Create 20,000 New Jobs | CNBC

Treasury Secretary Mnuchin: Tax reform coming 'very ...

Treasury Secretary Mnuchin: Tax reform coming ‘very …

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Coding For Convicts: Silicon Valley’s Most Profitable Investments | CNBC

President Donald Trump: Keystone Pipeline XL Will Lower Energy Costs | CNBC

President Donald Trump: Keystone Pipeline XL Will Lower Energy Costs | CNBC

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Representative Devin Nunes: We Will Protect Our Sources’ Identities At All Costs | CNBC

This tailor makes bulletproof clothing for presidents

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Police Make Two More 'Significant' Arrests In This Week's Parliament Attacks: Bottom Line | CNBC

Police Make Two More ‘Significant’ Arrests In This Week’s Parliament Attacks: Bottom Line | CNBC

President Donald Trump Approves Keystone XL Pipeline | CNBC

President Donald Trump Approves Keystone XL Pipeline | CNBC

Cat Yoga - Yes, you can

Cat Yoga - Yes, you can

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’Rogue One’ director on CGI actor controversy

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OMB Director Mick Mulvaney: President Trump Done Negotiating, Wants Vote Today | Squawk Box | CNBC

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Dubai airports prepare for electronics ban

Dubai airports prepare for electronics ban

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