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US stocks are little changed in early trade; oil price rises

Trading Floor at the New York Stock Exchange. (Image: Scott Beale / Laughingsquid.com via Flickr)

NEW YORK — U.S. stocks are wavering between small gains and losses Thursday morning following a sharp sell-off the day before. The price of oil is climbing for the third consecutive day as key oil-producing nations discuss cuts in production. Strong earnings are propelling Facebook and Under Armor higher. KEEPING SCORE: The Dow Jones industrial average was off 22 points, ...

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Applications for US unemployment aid rise to 6-month high

WASHINGTON — The number of people seeking unemployment benefits rose last week to the highest level since July, though applications remained at historically low levels. THE NUMBERS: Weekly applications for unemployment aid rose 10,000 to a seasonally adjusted 293,000. The four-week average, a less volatile measure, increased to 285,000, the highest since April. The number of Americans receiving aid has ...

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Feds query Wyoming regulators about coal mine bond decisions

CHEYENNE, Wyo. — Federal regulators have told Wyoming to provide more justification for allowing less than full bonding for four coal mines while the mine owners go through bankruptcy reorganization. Bonding for the mines owned by Arch Coal and Alpha Natural Resources is insufficient under the Surface Mining Control and Reclamation Act, groups including the Powder River Basin Resource Council ...

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Sourcewater selected as Top Ten Water Data Challenge Finalist by Imagine H2O

water droplets, sourcewater

Sourcewater was selected as one of ten international finalists out of 90 entrants worldwide for the Imagine H20 Water Data Challenge, the most established and prestigious water tech startup competition. Sourcewater will join Imagine H20’s portfolio of over 60 water technology companies, which collectively represent over 10% of all early-stage investment in the water sector. Other benefits include $50,000 in ...

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Buffett’s firm buys another 1.6 million Phillips 66 shares

OMAHA, Neb. — Berkshire Hathaway is continuing this month string of Phillips 66 stock purchases, and Warren Buffett’s conglomerate now controls 12.9 percent of the oil refiner. Berkshire filed documents with the Securities and Exchange Commission on Friday that disclosed purchases of another 1.6 million Phillips 66 shares. Buffett’s company has now bought nearly 7.5 million shares of Phillips 66 ...

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Minimizing the risk of bankruptcy with efficient oilfield water management

For many years the industry has discussed the importance of the Energy-Water Nexus. This term highlights the interconnection and critical nature of water in energy production and conversely the requirement of energy for water production. Professionals in the upstream energy sector live and work within this Nexus on a daily basis. Water is both the largest input and output within ...

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