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...

  • Syrian Qaeda branch urges truce to halt rebel infighting

    Syrian Qaeda branch urges truce to halt rebel infighting

    By Reuters

    BEIRUT (Reuters) - The head of an al Qaeda-linked rebel group in Syria called on Tuesday for a ceasefire between opposition factions who have clashed for five days in the bloodiest bout of infighting...

  • Decades-long ties to Madoff cost JPMorgan $2.6 billion

    Decades-long ties to Madoff cost JPMorgan $2.6 billion

    By David Henry and Emily Flitter, Reuters

    NEW YORK (Reuters) - JPMorgan Chase & Co agreed to pay $2.6 billion to the U.S. government and Bernard Madoff victims to settle allegations that the bank failed to tell authorities about its...

  • South Sudan rejects call to free rebels to help end fighting

    South Sudan rejects call to free rebels to help end fighting

    By Aaron Maasho and Carl Odera, Reuters

    ADDIS ABABA/JUBA (Reuters) - South Sudan rejected rebel calls for an immediate release of detainees after the two sides met briefly for the first time on Tuesday seeking to end fighting that has left...

  • Bombs kill at least 19 people in Iraqi capital

    Bombs kill at least 19 people in Iraqi capital

    By Reuters

    BAGHDAD (Reuters) - Car and roadside bombs exploded in commercial areas of Baghdad on Sunday killing at least 19 people, police and medical sources said. The deadliest attack took place in northern...

  • Early days of Obamacare bring trickle, not flood, of patients

    Early days of Obamacare bring trickle, not flood, of patients

    By Sharon Begley and Lewis Krauskopf, Reuters

    NEW YORK (Reuters) - U.S. medical providers are seeing only a trickle of patients newly insured under President Barack Obama's healthcare law, as insurers, hospitals and doctors try to work out any...