By Clark Mindock
(Reuters) - Fossil fuel groups have sued the U.S. Bureau of Land Management seeking to block a rule that will raise fees for oil and gas development on federal lands as a part of the U.S. government's broader effort to boost returns and address environmental harms stemming from drilling on public lands.
The Western Energy Alliance, a trade group representing oil and gas companies that drill on federal lands in the western... (continue reading...)
WASHINGTON (Reuters) - The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S. President Joe Biden an opening to prove his Republican election rival's 2020 predictions wrong.
The state of the U.S. economy looms as one of the larger factors weighing on the Democratic president's bid for reelection. Persistently high prices have hindered Biden's efforts to win credit from voters for his handling of the economy, although... (continue reading...)
By Nupur Anand
NEW YORK (Reuters) - With JPMorgan Chase coming off a year of record profits, investors are eager to learn about the firm's succession plans, investments in artificial intelligence and opportunities beyond traditional banking.
Chief Executive Jamie Dimon and his team will be presenting their growth strategies and financial targets on Monday at JPMorgan's investor day in New York.
More than 18 years into... (continue reading...)
(Reuters) - Democratic President Joe Biden and Republican former President Donald Trump plan to face off in a presidential debate on June 27 and another Sept. 10 ahead of a Nov. 5 election, part of a tradition marked by some of the most memorable moments of modern U.S. political history:
- 1960: The first televised debate pitted Democratic nominee John F. Kennedy against Republican Vice President Richard Nixon, who was recovering from a hospital visit... (continue reading...)
(Reuters) - The Biden administration on Thursday proposed an end to future coal leasing on federal lands in Montana and Wyoming's Powder River Basin, the nation's most productive coal-producing region, in part because of the sector's emissions that worsen climate change.
The two proposals from the U.S. Bureau of Land Management respond to a 2022 federal court order requiring the agency to analyze the climate and public health impacts of burning fossil... (continue reading...)
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