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Citgo Aruba to invest $450M to $650M to reopen idle refinery

June 11, 2016 • BusinessComments (0)

SAN JUAN, Puerto Rico (AP) — Citgo Aruba announced Saturday it will invest $450 million to $650 million to reactivate an oil refinery in Aruba that has been idle since 2012. The company said Saturday in a statement that the facility in San Nicolas will be retrofitted over the next 18 to 24 months. The [&hellip...

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Regulators OK coal plant retirements in northern Minnesota

June 11, 2016 • BusinessComments (0)

ST. PAUL, Minn. (AP) — A plan to retire coal-burning power plants in northern Minnesota has won approval from state regulators. The Minnesota Public Utilities Commission approved Minnesota Power’s 15-year resource plan on Tuesday, Minnesota Public...

Whittier feels effects of Great Pacific Seafoods closure

June 11, 2016 • BusinessComments (0)

WHITTIER, Alaska (AP) — The Prince William Sound community of Whittier would normally be bustling with seasonal workers, but with Great Pacific Seafoods shutting all its processing plants, the town is feeling the loss. In the tiny port town, which has a...

Governor signs bill allowing full-strength beer phase-in

June 10, 2016 • BusinessComments (0)

Colorado Gov. John Hickenlooper responds to questions during a news conference in the State Capitol after he signed a bill to gradually allow grocery stores to sell full-strength beer, liquor and wine on Friday, June 10, 2016, in Denver. The law, which makes...

Whirlpool Corp. appliance sale to raise money for charity

June 10, 2016 • BusinessComments (0)

BENTON HARBOR, Mich. (AP) — Whirlpool Corp. says it’s selling discounted appliances in its hometown, and proceeds from the one-day sale are going to charity. The Herald-Palladium reports Benton Harbor-based Whirlpool is holding the Overhauled, Old...

California lawmakers in tough spot with Brown’s housing deal

June 10, 2016 • BusinessComments (0)

In this Monday March 7, 2016 photo, California Gov. Jerry Brown, left, Senate President Pro Tem Kevin de Leon, D-Los Angeles, center, and Assembly Speaker Anthony Rendon, D-Paramount, are seen after Rendon was sworn-in as speaker in Sacramento, Calif. A...

Alaska marijuana regulators approve first licenses

June 9, 2016 • BusinessComments (0)

Alaska Marijuana Control Board members Bruce Shulte of Anchorage, left, and Loren Jones of Juneau are shown during the board’s meeting Thursday, June 9, 2016, in Anchorage, Alaska. The board was poised Thursday to award the first licenses for legal...

State probes whether drugmaker downplays addiction risk

June 9, 2016 • BusinessComments (0)

CONCORD, N.H. (AP) — The New Hampshire Attorney General’s office is targeting the maker of Oxycontin, a top selling prescription painkiller, with an investigation into whether it downplays the risks of addiction when marketing pain pills to doctors...

Asian stocks slip as investors await China data, Fed meeting

June 9, 2016 • BusinessComments (0)

A man walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo, Friday, May 13, 2016. Most Asian stock markets headed lower on Friday as investors evaluated the latest set of corporate earnings and awaited a...

US says Colorado has 40 times more natural gas than thought

June 8, 2016 • BusinessComments (0)

In this March 29, 2013 file photo, a worker helps monitor water pumping pressure and temperature, at an oil and natural gas extraction site, outside Rifle, on the Western Slope of Colorado. Federal geologists say western Colorado has about 40 times more...