Energy

Budget Battles

  • usFILE PHOTO: A bulldozer moves coal at the Murray Energy Corporation port facility in Powhatan Point, Ohio

    Trump's Coal Job Push Stumbles in Most States

    By Valerie Volcovici, Reuters

    WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...

  • The massive Big John dragline works to reshape the rocky landscape in some of the last sections to be mined for coal at the Hobet site in Boone County

    Why US Coal Producers Are Having a Very Good Year

    By Tom DiChristopher, CNBC

    U.S. coal exports are rising this year, giving the fossil-fuel friendly Trump administration reason to cheer, but analysts believe the good times won't last. The surge in exports doesn't herald a...

  • Venezuela's President Nicolas Maduro waves during a pro-government rally with workers of state-run oil company PDVSA, in Barcelona

    The Crisis in Venezuela Could Send Oil Prices Soaring

    By Nick Cunningham, Oilprice.com

    Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...

  • FILE PHOTO: A sign is painted on a parking space for electric cars inside a car park in Hong Kong

    The Battery Problem That Could Slow the Electric Car Revolution

    By Zandi Shabalala, Reuters

    Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming...

  • A prototype of the Tesla Model 3 is on display in front of the factory during a media tour of the Tesla Gigafactory which will produce batteries for the electric carmaker in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II

    The Great Battery Battle: Tesla Sparks an Arms Race in Energy Storage

    By Ryan Browne, CNBC

    Elon Musk's car company Tesla appears to be leading the "arms race" for lithium-ion batteries — for now. Musk recently announced plans to build the world's biggest lithium-ion battery storage project...

  • Herbalife gives Icahn more seats, small NU Skin fine lifts stock

    Herbalife gives Icahn more seats, small NU Skin fine lifts stock

    By Devika Krishna Kumar and Svea Herbst-Bayliss, Reuters

    (Reuters) - Herbalife Ltd said it is giving three more board seats to Carl Icahn, its biggest shareholder, at a time short-sellers are attacking the nutrition and weight loss company's business...

  • Microsoft deal delay may mean more Nokia patent concessions

    Microsoft deal delay may mean more Nokia patent concessions

    By Jussi Rosendahl, Reuters

    HELSINKI (Reuters) - Nokia does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have...

  • Vital Houston oil tanker routes shut amid spill cleanup

    Vital Houston oil tanker routes shut amid spill cleanup

    By Terry Wade, Reuters

    TEXAS CITY, Texas (Reuters) - The closure of major Texas shipping channels that deliver crude to more than a tenth of the nation's refining capacity was set to run into a third day and could continue...

  • Investors Renew Their Focus on U.S., Global Economy

    By Kate Gibson, CNBC

    With the Federal Reserve 's latest policy-setting meeting in the rearview mirror, the coming week should have Wall Street switching its focus to the U.S. and global economy, starting on Monday with a...

  • Foreign policy rifts beset Arabs ahead of summit

    Foreign policy rifts beset Arabs ahead of summit

    By Sami Aboudi and Sylvia Westall, Reuters

    DUBAI/KUWAIT (Reuters) - Rifts over foreign policy will likely make it harder for Arab leaders meeting at a summit this week to forge a common stand on regional challenges, including what many of...