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Oil and gas group says feds illegally canceling lease sales

August 11, 2016 • Business, National NewsComments (0)

BILLINGS, Mont. (AP) — A trade group for the energy industry accused federal officials Thursday of illegally canceling or postponing the sale of more than two dozen oil and gas leases over the past two years. The Western Energy Alliance sued the Obama administration in U.S. District Court in New Mexico, seeking to force officials [&hellip...

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Highest bid for Atlantic City’s Bader Field only $50 million

August 11, 2016 • BusinessComments (0)

ATLANTIC CITY, N.J. (AP) — The highest bid at an auction for a former airport in Atlantic City was only a third of what the city had originally set as a minimum. Auctioneer Max Spann said Thursday that the highest of two bids for Bader Field was $50...

New state law codifies daily fantasy sports regulations

August 10, 2016 • BusinessComments (0)

BOSTON (AP) — Regulations governing daily fantasy sports issued by Democratic Attorney General Maura Healey earlier this year have been written into Massachusetts law. Republican Gov. Charlie Baker signed a bill Wednesday codifying the rules, which include...

Delta struggles through third day of computer problems

August 10, 2016 • Business, National NewsComments (0)

Delta passengers stand in line as the carrier slogged through day two of its recovery from a global computer outage, Tuesday, Aug. 9, 2016, in Salt Lake City. By early afternoon, Delta said it had canceled about 530 flights as it moved planes and crews to...

Adams Publishing Group to buy ECM Publishers

August 10, 2016 • BusinessComments (0)

VIRGINIA, Minn. (AP) — A family-owned media company in St. Louis Park intends to purchase one of the country’s largest publishers of weekly newspapers. Adams Publishing Group announced Wednesday that it is purchasing ECM Publishers Inc. Terms of the...

Valeant, Endo and Monster Worldwide surge; Gap slackens

August 9, 2016 • BusinessComments (0)

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Valeant Pharmaceuticals International Inc., up $5.71 to $28.16 The beleaguered Canadian drugmaker reassured investors by backing its annual forecasts and saying it will make...

Yelp tops Street 2Q forecasts

August 9, 2016 • BusinessComments (0)

SAN FRANCISCO (AP) — Yelp Inc. (YELP) on Tuesday reported second-quarter net income of $449,000, after reporting a loss in the same period a year earlier. On a per-share basis, the San Francisco-based company said it had net income of 1 cent. Earnings,...

Attorney sues Oklahoma governor over $140 million surplus

August 9, 2016 • BusinessComments (0)

OKLAHOMA CITY (AP) — An attorney is suing Oklahoma’s governor over $140 million in unspent state dollars that he contends should go to state agencies. Attorney David Slane filed the lawsuit Tuesday with the Oklahoma Supreme Court on behalf of six...

Asia stocks flat, oil retreats

August 8, 2016 • BusinessComments (0)

SEOUL, South Korea (AP) — Asian stock markets were little changed Tuesday after Wall Street closed nearly flat amid little market-moving news. Prices of oil retreated slightly after reports of a new OPEC meeting sparked a rally. KEEPING SCORE: Japan’s...

Puerto Rico continues crackdown on business tax debtors

August 6, 2016 • BusinessComments (0)

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s government says it has raided three more businesses with a combined tax debt of over $500,000, the latest of 132 firms collectively owing $48.9 million that are being targeted in a campaign started last year....