Puerto Rico offers fiscal plan settling debt for pennies on the dollar
Puerto Rico's government unveiled a fiscal plan Thursday under which the commonwealth would only be able to support $2.5 billion to $14 billion of debt in the long term, a...
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Trudeau fights to save NAFTA deal, but Trump offers little hope
Canadian Prime Minister Justin Trudeau visited the White House on Wednesday seeking a new "fairer trade" deal between the United States, Canada and Mexico amid growing alarm from business leaders...
In scathing lawsuit, first responders describe vomiting, gasping at Texas chemical plant fire
A group of first responders exposed to smoke from a Crosby, Texas, chemical plant fire after Hurricane Harvey are suing the owner of the plant for more than $1 million,...
How Hurricane Harvey will impact prices at the gas pump
Hurricane Harvey has barreled into the heart of the U.S. oil and gas industry, prompting the sudden evacuation of workers. Spot prices for gasoline are expected to jump Monday, but...
Trump’s plan to cut basic energy research finds an unlikely opponent: oil executives
A group of business leaders has sent a letter to the top Democrats and Republicans on the Appropriations committees urging them to maintain basic research funding, especially in energy, that...
Economists pan infrastructure plan championed by Trump nominees
Billionaire businessman Wilbur Ross, whose nomination as commerce secretary comes before Congress this week, has mapped out details to one major policy proposal to boost infrastructure spending - and leading...
Trump taps Texas Gov. Rick Perry to head Energy Department, an agency he vowed to abolish
President-elect Donald Trump has picked Rick Perry to head the Energy Department, said two people familiar with the decision, seeking to put the former Texas governor in control of an...
Despite tariff talk, companies hesitate to criticize Trump
While the business community expressed misgivings during the campaign about Donald Trump's anti-trade rhetoric, executives are now stepping more cautiously as the president-elect couples his promises to lower taxes and...
Trump’s plan to spend on infrastructure leads companies to pitch their products as infrastructure
Gone are the days when federal infrastructure spending was measured in highways, bridges and ports. As President-elect Donald Trump considers a massive new spending plan on public works, policy experts,...
BP’s big bill for 2010 Gulf oil spill — the world’s largest — now reaches $61.6 billion
What's bigger than the value of Ford, Honda or General Motors? As big as the biggest U.S. electric utility? Eight times the size of Staples and Office Depot combined -...