SAN FRANCISCO (AP) — Netflix has announced another quarter of steady growth as the video streaming service’s more than 300 million subscribers have become increasingly attractive to advertisers. It’s a familiar script that Netflix has followed for the past three years to widen its lead in video streaming while delivering financial results that have usually [...]
HOUSTON (AP) — Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade. Chevron last week said that it completed its acquisition of Hess shortly after the ruling from the International Chamber [...]
WASHINGTON (AP) — All solar and wind energy projects on federal lands and waters must be personally approved by Interior Secretary Doug Burgum under a new order that authorizes him to conduct “elevated review” of activities ranging from leases to rights of way, construction and operational plans, grants and biological opinions. The enhanced oversight on [...]
WASHINGTON (AP) — Make American Coke Great Again? President Donald Trump last week said that Coca-Cola has agreed to use real cane sugar in its flagship soft drink in the United States at his suggestion — though the company didn’t immediately confirm such a move. Any switch from high-fructose corn syrup in Coke sold in [...]
SACRAMENTO, Calif. (AP) — The Trump administration last week revoked federal funding for California’s high-speed rail project, adding uncertainty about how the state will make good on its long-delayed promise of building a bullet train to shuttle riders between San Francisco and Los Angeles. The U.S. Transportation Department announced it was pulling back $4 billion [...]
A group of Ohio State University students was recognized recently for its efforts in developing a cryogenic refueling system, possibly for use in long-term space exploration. The students were participants in the NASA Human Lander Challenge, an annual competition that invites college students to explore innovative solutions to support future astronaut missions to the moon [...]
WASHINGTON (AP) — Consumers picked up their spending in June after an earlier pullback, according to a new federal government report. Retail sales in June rose a better-than-expected 0.6 percent, according to the Commerce Department, after two consecutive months of spending declines, a 0.1 percent pullback in April and a 0.9 percent slowdown in May. [...]
WASHINGTON (AP) — The Senate last week passed about $9 billion in federal spending cuts requested by President Donald Trump, including reductions to public broadcasting and foreign aid, moving forward on one of the president’s top priorities. The 51-48 vote came after Democrats sought to remove many of the proposed rescissions during 12 hours of [...]
WASHINGTON (AP) — American companies in China are reporting record-low new investment plans for this year and declining confidence in their profitability, with uncertainty in United States-China relations and President Donald Trump’s tariffs their top concerns, according to a new survey. The companies are also challenged by China’s slowing economy, where weak domestic demand and [...]