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Automaker Tesla takes fight to North Carolina
Tesla Motors is fighting a bill in North Carolina that would effectively ban the company from selling its electric cars in the state, pitting it against auto dealers who say the car maker has an unfair advantage selling directly to consumers online. It's the latest such battle for California-based Tesla, ...
Oil ends week down 2 pct on tepid demand outlook
The price of oil fell 2 percent this week, as oil traders worried about global demand and shared the stock market's concerns about possible changes to the Federal Reserve economic stimulus program. The loss Friday was just 10 cents, to $94.15 a barrel. But four straight losses resulted in a ...
Oil falls below $94 on weak outlook for demand
The price of oil was knocked below $94 a barrel Friday by a combination of ample supplies and lukewarm demand. By early afternoon in Europe, benchmark oil for July delivery was down 70 cents to $93.55 a barrel in electronic trading on the New York Mercantile Exchange. On Thursday, the ...
Extremists claim responsibility for Niger attacks
Suicide bombers in Niger detonated two car bombs simultaneously, one inside a military camp in the city of Agadez and another in the remote town of Arlit at a French-operated uranium mine, killing 26 people and injuring 30, according to officials in Niger and France. A surviving attacker took a ...
Lab owner convicted of faking wastewater tests
The owner of an environmental laboratory in Mississippi has been convicted on federal charges of falsifying records on industrial wastewater samples that she was hired to test. Tennie White was the sole operator of Mississippi Environmental Analytical Laboratories Inc. She was convicted Wednesday in U.S. District Court in Jackson on ...
Oil leasing dispute heads to federal court
A dispute over greenhouse gases from oil and gas drilling will head to federal court in Montana as attorneys for the government and the industry face off against environmentalists who say too little is being done to reduce emissions that contribute to climate change. The legal quarrel was scheduled to ...
Oil tracks gains in stocks, erases early losses
An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday. Benchmark oil for July delivery fell 3 cents to close at $94.25 a barrel on the New York Mercantile Exchange. The price sank as low as $92.21 in the morning after weak manufacturing data from China raised ...
Oil down to near $93 on Chinese recovery concerns
The price of oil fell to near $93 a barrel on Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. By early afternoon in Europe, benchmark oil for July ...
Ford to end auto production in Australia in 2016
Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales. The closure of the U.S. automaker's plants in the state of Victoria will mean the loss of 1,200 jobs and will transform the ...
Tesla uses stock, note sale to repay government
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government on Wednesday. The money, coupled with two prior payments, paid off ...
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